Hsbc Holdings PLC Has $42.41 Million Stake in Leidos Holdings, Inc. $LDOS

Key Points

• HSBC increased its Leidos stake by 47.5% in the second quarter, holding 415,545 shares valued at approximately $42.4 million. Institutional investors collectively own 76.12% of the company.
• Leidos exceeded quarterly expectations, reporting $3.26 in EPS and $4.56 billion in revenue, up 7.2% year over year. The company reaffirmed fiscal 2026 EPS guidance of $12.20–$12.50.
• The board authorized a 20 million-share buyback, while Leidos declared a quarterly dividend of $0.43 per share, equivalent to a 1.3% annualized yield. Analysts maintain a consensus “Hold” rating with an average price target of $162.93.

Hsbc Holdings PLC raised its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 47.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 415,545 shares of the aerospace company's stock after purchasing an additional 133,836 shares during the period. Hsbc Holdings PLC owned approximately 0.33% of Leidos worth $42,411,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BlackRock Inc. acquired a new stake in shares of Leidos in the second quarter valued at approximately $1,024,436,000. Diamant Asset Management Inc. grew its position in Leidos by 16,475.4% during the first quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company's stock worth $646,463,000 after buying an additional 4,131,706 shares in the last quarter. Norges Bank acquired a new stake in Leidos during the fourth quarter worth approximately $318,839,000. SG Americas Securities LLC increased its stake in Leidos by 998.6% during the 1st quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company's stock worth $170,718,000 after acquiring an additional 997,807 shares during the period. Finally, Bank of America Corp DE bought a new position in Leidos during the 2nd quarter worth $77,623,000. Institutional investors and hedge funds own 76.12% of the company's stock.

Leidos Stock Performance

Shares of Leidos stock opened at $133.19 on Tuesday. The company's 50 day moving average price is $123.79 and its two-hundred day moving average price is $137.33. The firm has a market capitalization of $16.71 billion, a P/E ratio of 12.42, a P/E/G ratio of 1.48 and a beta of 0.56. Leidos Holdings, Inc. has a fifty-two week low of $98.86 and a fifty-two week high of $205.77. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.63 and a quick ratio of 1.60.

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

Leidos announced that its board has authorized a share buyback program on Friday, July 31st that allows the company to buyback 20,000,000 outstanding shares. This buyback authorization allows the aerospace company to purchase shares of its stock through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be issued a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Leidos's dividend payout ratio is presently 16.04%.

Insider Transactions at Leidos

In other news, Director Gary May sold 1,000 shares of the business's stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $140.85, for a total transaction of $140,850.00. Following the sale, the director directly owned 10,204 shares in the company, valued at approximately $1,437,233.40. The trade was a 8.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Noel B. Geer sold 10,000 shares of the company's stock in a transaction that occurred on Tuesday, August 11th. The shares were 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. This represents a 22.59% decrease in their position. The SEC filing for this sale provides additional information. 0.77% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

LDOS has been the topic of several analyst reports. The Goldman Sachs Group reduced their target price on Leidos from $152.00 to $132.00 and set a "neutral" rating on the stock in a report on Wednesday, August 12th. BNP Paribas Exane boosted their price target on Leidos from $165.00 to $175.00 and gave the company an "outperform" rating in a research note on Wednesday, August 5th. Robert W. Baird set a $150.00 price objective on shares of Leidos in a research report on Wednesday, August 5th. Royal Bank Of Canada reduced their price objective on shares of Leidos from $180.00 to $170.00 and set an "outperform" rating on the stock in a research note on Wednesday, August 5th. Finally, UBS Group raised their target price on shares of Leidos from $124.00 to $138.00 and gave the company a "neutral" rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have given a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Hold" and an average target price of $162.93.

Leidos Company 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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