National Pension Service Has $17.08 Million Holdings in Leidos Holdings, Inc. $LDOS

Key Points

• National Pension Service cut its Leidos stake by 51.7% in the second quarter, selling 177,759 shares and retaining 165,917 shares valued at approximately $17.08 million. Institutional investors and hedge funds collectively own 76.12% of the company.
• Leidos reported quarterly adjusted EPS of $3.26, topping estimates of $2.91, while revenue rose 7.2% year over year to $4.56 billion. The company guided to fiscal 2026 EPS of $12.20–$12.50.
• The company announced a $0.43 quarterly dividend and authorized a 20 million-share buyback. Analysts maintain a consensus “Hold” rating with an average price target of $162.93, above the reported share price of $128.92.

National Pension Service cut its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 51.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 165,917 shares of the aerospace company's stock after selling 177,759 shares during the quarter. National Pension Service owned 0.13% of Leidos worth $17,084,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Focus Partners Wealth raised its holdings in shares of Leidos by 46.5% during the first quarter. Focus Partners Wealth now owns 3,073 shares of the aerospace company's stock valued at $415,000 after acquiring an additional 976 shares during the period. Marshall Wace LLP boosted its stake in Leidos by 86.3% in the 2nd quarter. Marshall Wace LLP now owns 14,250 shares of the aerospace company's stock worth $2,248,000 after purchasing an additional 6,600 shares during the period. Cresset Asset Management LLC grew its position in Leidos by 2.7% during the 2nd quarter. Cresset Asset Management LLC now owns 3,399 shares of the aerospace company's stock worth $536,000 after purchasing an additional 90 shares in the last quarter. Cerity Partners LLC grew its position in Leidos by 20.2% during the 2nd quarter. Cerity Partners LLC now owns 41,405 shares of the aerospace company's stock worth $6,532,000 after purchasing an additional 6,962 shares in the last quarter. Finally, Natixis raised its stake in Leidos by 222.3% during the 2nd quarter. Natixis now owns 8,155 shares of the aerospace company's stock valued at $1,287,000 after purchasing an additional 5,625 shares during the period. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Leidos Stock Down 0.5%

LDOS stock opened at $128.92 on Friday. Leidos Holdings, Inc. has a 12-month low of $98.86 and a 12-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 market cap of $16.18 billion, a price-to-earnings ratio of 12.03, a PEG ratio of 1.44 and a beta of 0.56. The company has a 50 day moving average of $125.65 and a two-hundred day moving average of $136.33.

Leidos (NYSE:LDOS - Get Free Report) last issued its earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, beating 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 company had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.44 billion. During the same quarter last year, the business posted $3.21 EPS. The company's revenue for the quarter was up 7.2% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. On average, equities analysts anticipate that Leidos Holdings, Inc. will post 12.28 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The company also recently disclosed 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 1.3%. Leidos's dividend payout ratio (DPR) is presently 16.04%.

Leidos announced that its board has initiated a share buyback plan on Friday, July 31st that allows the company to repurchase 20,000,000 shares. This repurchase authorization allows the aerospace company to purchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

Analysts Set New Price Targets

A number of analysts have recently issued reports on LDOS shares. Robert W. Baird set a $150.00 target price on Leidos in a report on Wednesday, August 5th. Jefferies Financial Group reiterated a "hold" rating and set a $145.00 price target on shares of Leidos in a report on Sunday, August 9th. Truist Financial dropped their price target on Leidos from $195.00 to $160.00 and set a "buy" rating on the stock in a research report on Friday, July 10th. UBS Group increased their price objective on Leidos from $124.00 to $138.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings restated a "hold (c)" rating on shares of Leidos in a research report on Friday, September 4th. One equities 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's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $162.93.

Insider Transactions at Leidos

In other news, Director Noel B. Geer sold 10,000 shares of the firm's stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total transaction of $1,406,600.00. Following the completion of the sale, the director directly owned 34,274 shares of the company's stock, valued at $4,820,980.84. This trade represents a 22.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Gary May sold 1,000 shares of Leidos stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $140.85, for a total value of $140,850.00. Following the sale, the director owned 10,204 shares of the company's stock, valued at approximately $1,437,233.40. This represents a 8.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.77% of the company's stock.

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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