Robeco Institutional Asset Management B.V. Has $60.94 Million Stake in Leidos Holdings, Inc. $LDOS

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in Leidos Holdings, Inc. by 6.1% during the second quarter, now owning 386,287 shares valued at approximately $60.94 million.
• Leidos reported earnings per share of $3.21 for the last quarter, exceeding analyst expectations of $2.63, and set FY 2025 guidance between 11.150-11.450 EPS.
• Several analysts upgraded their ratings on Leidos, with Jefferies Financial Group raising their price target to $205.00, while the average target price among analysts is $188.31.

Robeco Institutional Asset Management B.V. increased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 6.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 386,287 shares of the aerospace company's stock after buying an additional 22,065 shares during the period. Robeco Institutional Asset Management B.V. owned 0.30% of Leidos worth $60,941,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the company. Kathmere Capital Management LLC increased its holdings in shares of Leidos by 145.6% in the second quarter. Kathmere Capital Management LLC now owns 7,998 shares of the aerospace company's stock valued at $1,262,000 after purchasing an additional 4,742 shares during the last quarter. Kendall Capital Management increased its holdings in shares of Leidos by 93.7% in the second quarter. Kendall Capital Management now owns 4,270 shares of the aerospace company's stock valued at $674,000 after purchasing an additional 2,065 shares during the last quarter. McAdam LLC acquired a new position in shares of Leidos in the second quarter valued at $286,000. Sowell Financial Services LLC acquired a new position in shares of Leidos in the first quarter valued at $267,000. Finally, SG Americas Securities LLC increased its holdings in shares of Leidos by 263.7% in the first quarter. SG Americas Securities LLC now owns 13,706 shares of the aerospace company's stock valued at $1,849,000 after purchasing an additional 9,938 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Jefferies Financial Group upgraded shares of Leidos from a "hold" rating to a "buy" rating and upped their price objective for the company from $185.00 to $205.00 in a report on Wednesday, August 6th. UBS Group upped their price objective on shares of Leidos from $168.00 to $184.00 and gave the company a "neutral" rating in a report on Thursday, August 7th. Royal Bank Of Canada upgraded shares of Leidos from a "hold" rating to a "moderate buy" rating in a report on Thursday, September 4th. Citigroup reiterated a "buy" rating and issued a $190.00 price objective (up from $186.00) on shares of Leidos in a report on Monday, July 14th. Finally, Wall Street Zen downgraded shares of Leidos from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $188.31.

Leidos Trading Up 0.7%

LDOS stock opened at $192.93 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.50 and a current ratio of 1.62. The company's 50-day simple moving average is $178.86 and its 200 day simple moving average is $159.39. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week high of $202.90. The company has a market capitalization of $24.75 billion, a PE ratio of 18.24, a price-to-earnings-growth ratio of 1.79 and a beta of 0.71.

Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.58. Leidos had a net margin of 8.22% and a return on equity of 33.57%. The business had revenue of $4.25 billion during the quarter, compared to analysts' expectations of $4.24 billion. During the same quarter in the prior year, the business posted $2.63 earnings per share. Leidos's revenue was up 2.9% compared to the same quarter last year. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. As a group, sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.60 annualized dividend and a yield of 0.8%. Leidos's dividend payout ratio is currently 15.12%.

Insider Buying and Selling

In related news, insider Stephen Edward Hull sold 12,497 shares of the company's stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the completion of the sale, the insider owned 25,817 shares of the company's stock, valued at $4,599,040.38. This represents a 32.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Gregory R. Dahlberg sold 952 shares of the company's stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $168,913.36. Following the sale, the director directly owned 21,068 shares of the company's stock, valued at $3,738,095.24. This represents a 4.32% decrease in their position. The disclosure for this sale can be found here. Insiders sold 22,975 shares of company stock valued at $4,078,740 over the last quarter. 0.96% of the stock is owned by company insiders.

Leidos Company Profile

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.

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