Leidos Holdings, Inc. $LDOS Stock Position Cut by Corient Private Wealth LP

Key Points

• Corient Private Wealth cut its Leidos stake by 78.6% in the second quarter, selling 47,478 shares and retaining 12,962 shares valued at approximately $1.34 million. Institutional investors collectively own 76.12% of the company.
• Leidos reported quarterly earnings of $3.26 per share, beating estimates by $0.35, while revenue rose 7.2% year over year to $4.56 billion. The company issued fiscal 2026 EPS guidance of $12.20–$12.50 and authorized a buyback of up to 20 million shares.
• Leidos declared a quarterly dividend of $0.43 per share, equivalent to an annualized $1.72 and a 1.4% yield. Wall Street’s consensus rating remains “Hold,” with an average price target of $160.29 versus the reported share price of $123.82.

Corient Private Wealth LP cut its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 78.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,962 shares of the aerospace company's stock after selling 47,478 shares during the quarter. Corient Private Wealth LP's holdings in Leidos were worth $1,335,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Longview Financial Advisors Inc. purchased a new position in Leidos in the first quarter valued at $26,000. Hantz Financial Services Inc. boosted its stake in shares of Leidos by 94.7% during the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company's stock worth $27,000 after acquiring an additional 72 shares in the last quarter. Hilton Head Capital Partners LLC acquired a new stake in shares of Leidos in the fourth quarter valued at approximately $28,000. Kelleher Financial Advisors purchased a new position in Leidos in the 2nd quarter valued at about $28,000. Finally, Manchester Capital Management LLC boosted its stake in Leidos by 6,366.7% in the 4th quarter. Manchester Capital Management LLC now owns 194 shares of the aerospace company's stock worth $35,000 after buying an additional 191 shares during the last quarter. Hedge funds and other institutional investors own 76.12% of the company's stock.

Insider Transactions at Leidos

In other news, Director Gary May sold 1,000 shares of the stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $140.85, for a total value of $140,850.00. Following the completion of the sale, the director directly owned 10,204 shares of the company's stock, valued at $1,437,233.40. This represents a 8.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Noel Geer sold 10,000 shares of the 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 sale, the director owned 34,274 shares of the company's stock, valued at approximately $4,820,980.84. This represents a 22.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.77% of the company's stock.

Leidos Stock Performance

Shares of NYSE LDOS opened at $123.82 on Friday. The stock has a fifty day moving average price of $129.65 and a two-hundred day moving average price of $132.96. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.60 and a current ratio of 1.63. The firm has a market cap of $15.54 billion, a P/E ratio of 11.55, a PEG ratio of 1.38 and a beta of 0.56. Leidos Holdings, Inc. has a 1 year low of $98.86 and a 1 year high of $205.77.

Leidos (NYSE:LDOS - Get Free Report) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share for the quarter, beating the consensus estimate of $2.91 by $0.35. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The business had revenue of $4.56 billion during the quarter, compared to analysts' expectations of $4.44 billion. During the same quarter last year, the business posted $3.21 earnings per share. The company's quarterly revenue was up 7.2% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Research analysts forecast that Leidos Holdings, Inc. will post 12.28 EPS for the current fiscal year.

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

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. Leidos's dividend payout ratio (DPR) is presently 16.04%.

Wall Street Analyst Weigh In

Several research firms have issued reports on LDOS. Citigroup boosted their price objective on shares of Leidos from $138.00 to $161.00 and gave the stock a "buy" rating in a research note on Tuesday, August 11th. The Goldman Sachs Group reduced their price target on Leidos from $152.00 to $132.00 and set a "neutral" rating for the company in a report on Wednesday, August 12th. BNP Paribas Exane lifted their price target on shares of Leidos from $165.00 to $175.00 and gave the stock an "outperform" rating in a research note on Wednesday, August 5th. Jefferies Financial Group reiterated a "hold" rating and set a $145.00 price objective on shares of Leidos in a research note on Sunday, August 9th. Finally, Truist Financial dropped their target price on shares of Leidos from $195.00 to $160.00 and set a "buy" rating for the company in a research report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, Leidos has a consensus rating of "Hold" and a consensus target price of $160.29.

About Leidos

Leidos Holdings, Inc NYSE: LDOS is a technology, engineering and services company that supports government and commercial customers in the defense, intelligence, civil and health markets. The company provides mission-critical solutions involving information technology, cybersecurity, data analytics, artificial intelligence, systems integration, engineering and scientific research.

Its defense and intelligence activities include command-and-control systems, mission software, surveillance and reconnaissance solutions, logistics, aircraft and weapons systems support, and national security services.

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