Deutsche Bank AG Invests $69 Million in Leidos Holdings, Inc. $LDOS

Deutsche Bank AG bought a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) during the second quarter, according to its most recent Form 13F filing with the SEC. The fund bought 670,075 shares of the aerospace company's stock, valued at approximately $68,998,000. Deutsche Bank AG owned about 0.53% of Leidos at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in LDOS. Hantz Financial Services Inc. boosted its position in Leidos by 94.7% during the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company's stock worth $27,000 after purchasing an additional 72 shares during the period. Hilton Head Capital Partners LLC bought a new position in shares of Leidos in the fourth quarter valued at about $28,000. Rakuten Securities Inc. raised its position in shares of Leidos by 110.5% in the fourth quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company's stock valued at $29,000 after purchasing an additional 84 shares during the period. Longview Financial Advisors Inc. acquired a new stake in shares of Leidos during the 1st quarter worth about $26,000. Finally, Wexford Capital LP bought a new stake in shares of Leidos during the 3rd quarter worth about $32,000. Institutional investors and hedge funds own 76.12% of the company's stock.

Leidos Price Performance

Shares of Leidos stock opened at $141.34 on Friday. Leidos Holdings, Inc. has a twelve month low of $98.86 and a twelve month high of $205.77. The company has a quick ratio of 1.60, a current ratio of 1.63 and a debt-to-equity ratio of 1.13. The company has a 50-day simple moving average of $116.71 and a two-hundred day simple moving average of $141.19. The stock has a market capitalization of $17.74 billion, a price-to-earnings ratio of 13.18, a price-to-earnings-growth ratio of 2.13 and a beta of 0.52.

Leidos (NYSE:LDOS - Get Free Report) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.91 by $0.35. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The firm had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.44 billion. During the same quarter in the prior year, the business posted $3.21 EPS. The business's revenue was up 7.2% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Analysts forecast that Leidos Holdings, Inc. will post 12.38 EPS for the current year.

Leidos declared that its Board of Directors has approved a share buyback program on Friday, July 31st that authorizes the company to repurchase 20,000,000 outstanding shares. This repurchase authorization authorizes the aerospace company to buy shares of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its shares are undervalued.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.2%. Leidos's dividend payout ratio is currently 16.04%.

Insider Buying and Selling

In other Leidos news, Director Noel B. Geer sold 10,000 shares of Leidos stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total value of $1,406,600.00. Following the completion of the transaction, the director directly owned 34,274 shares of the company's stock, valued at $4,820,980.84. The trade was a 22.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.77% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

LDOS has been the topic of several research analyst reports. Wall Street Zen raised shares of Leidos from a "hold" rating to a "buy" rating in a report on Thursday, July 16th. Citigroup boosted their price objective on Leidos from $138.00 to $161.00 and gave the stock a "buy" rating in a report on Tuesday, August 11th. JPMorgan Chase & Co. decreased their target price on Leidos from $210.00 to $160.00 and set an "overweight" rating on the stock in a research report on Monday, July 13th. Stifel Nicolaus dropped their price target on Leidos from $205.00 to $193.00 and set a "hold" rating for the company in a report on Wednesday, May 6th. Finally, Weiss Ratings downgraded Leidos from a "hold (c+)" rating to a "hold (c)" rating in a research note on Monday, June 8th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Leidos has a consensus rating of "Hold" and an average price target of $162.93.

Leidos Profile

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos' work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.

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