Legal & General Group Plc Sells 18,788 Shares of Leidos Holdings, Inc. $LDOS

Key Points

• Legal & General Group Plc reduced its Leidos stake by 2.0%, selling 18,788 shares in the quarter and now owning 902,236 shares (about 0.71% of the company) valued at roughly $170.5 million.
• Leidos beat EPS estimates ($2.76 vs. $2.57) but reported revenue weakness (quarterly revenue $4.21 billion, down year-over-year) and set FY2026 guidance of 12.05–12.45 EPS.
• Sell-side sentiment is a consensus “Moderate Buy” with an average target of $214.18 (nine Buys, four Holds), though several firms recently trimmed price targets.

Legal & General Group Plc reduced its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 2.0% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 902,236 shares of the aerospace company's stock after selling 18,788 shares during the quarter. Legal & General Group Plc owned about 0.71% of Leidos worth $170,487,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Mather Group LLC. bought a new stake in Leidos during the 3rd quarter valued at approximately $28,000. First Horizon Corp acquired a new stake in Leidos in the 3rd quarter valued at approximately $39,000. Motco bought a new position in Leidos in the 3rd quarter worth approximately $43,000. Colonial Trust Advisors increased its position in Leidos by 1,942.9% in the 2nd quarter. Colonial Trust Advisors now owns 286 shares of the aerospace company's stock worth $45,000 after buying an additional 272 shares during the period. Finally, Cary Street Partners Investment Advisory LLC lifted its holdings in shares of Leidos by 32.2% during the third quarter. Cary Street Partners Investment Advisory LLC now owns 271 shares of the aerospace company's stock worth $51,000 after buying an additional 66 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

LDOS has been the subject of several research reports. Wall Street Zen cut Leidos from a "strong-buy" rating to a "hold" rating in a research report on Saturday, February 21st. Weiss Ratings reiterated a "buy (b)" rating on shares of Leidos in a research note on Monday, December 29th. UBS Group set a $204.00 price target on shares of Leidos in a report on Thursday, January 15th. Stifel Nicolaus decreased their price target on shares of Leidos from $220.00 to $205.00 and set a "hold" rating on the stock in a research report on Wednesday, February 18th. Finally, Royal Bank Of Canada dropped their price objective on shares of Leidos from $230.00 to $215.00 and set an "outperform" rating on the stock in a report on Wednesday, February 18th. Nine analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $214.18.

Leidos Stock Performance

LDOS opened at $173.81 on Friday. The stock has a market cap of $21.97 billion, a PE ratio of 15.62, a P/E/G ratio of 1.23 and a beta of 0.63. The company has a current ratio of 1.70, a quick ratio of 1.58 and a debt-to-equity ratio of 0.93. Leidos Holdings, Inc. has a 1 year low of $128.32 and a 1 year high of $205.77. The stock's 50 day simple moving average is $184.15 and its 200-day simple moving average is $186.34.

Leidos (NYSE:LDOS - Get Free Report) last issued its earnings results on Tuesday, February 17th. The aerospace company reported $2.76 EPS for the quarter, beating analysts' consensus estimates of $2.57 by $0.19. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The business had revenue of $4.21 billion during the quarter, compared to analyst estimates of $4.31 billion. During the same period in the prior year, the company posted $2.37 earnings per share. Leidos's revenue was down 3.6% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. Sell-side analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, March 16th. Leidos's dividend payout ratio (DPR) is presently 15.45%.

Insider Activity at Leidos

In other news, insider Elizabeth A. Porter sold 3,000 shares of Leidos stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total transaction of $576,630.00. Following the sale, the insider directly owned 38,575 shares in the company, valued at approximately $7,414,500.75. The trade was a 7.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.96% of the company's stock.

About Leidos

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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