State Street Corp Has $646.43 Million Position in Leidos Holdings, Inc. $LDOS

Key Points

• State Street increased its Leidos stake by 2.6% in the second quarter, holding 6.28 million shares worth approximately $646.4 million, or about 5% of the company. Institutional investors collectively own 76.12% of LDOS.
• Leidos reported quarterly earnings of $3.26 per share, beating estimates of $2.91, while revenue rose 7.2% year over year to $4.56 billion. The company maintained fiscal 2026 EPS guidance of $12.20–$12.50.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and a $160.29 price target. Leidos also declared a $0.43 quarterly dividend and authorized a buyback of up to 20 million shares, while two directors recently sold shares.

State Street Corp boosted its position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 2.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,277,845 shares of the aerospace company's stock after purchasing an additional 161,407 shares during the quarter. State Street Corp owned about 5.00% of Leidos worth $646,430,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in LDOS. Longview Financial Advisors Inc. bought a new stake in Leidos in the 1st quarter valued at about $26,000. Hantz Financial Services Inc. increased its holdings in shares of Leidos by 94.7% during the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company's stock worth $27,000 after purchasing an additional 72 shares during the period. 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 acquired a new stake in shares of Leidos in the second quarter valued at approximately $28,000. Finally, Manchester Capital Management LLC boosted its stake in shares of Leidos by 6,366.7% in the fourth quarter. Manchester Capital Management LLC now owns 194 shares of the aerospace company's stock valued at $35,000 after buying an additional 191 shares during the period. Institutional investors own 76.12% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on LDOS. BNP Paribas Exane lifted their price objective on Leidos from $165.00 to $175.00 and gave the company an "outperform" rating in a report on Wednesday, August 5th. Truist Financial reduced their target price on Leidos from $195.00 to $160.00 and set a "buy" rating on the stock in a report on Friday, July 10th. JPMorgan Chase & Co. decreased their price target on Leidos from $210.00 to $160.00 and set an "overweight" rating on the stock in a research report on Monday, July 13th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Leidos in a research note on Friday, September 4th. Finally, Bank of America upped their price objective on shares of Leidos from $125.00 to $135.00 and gave the stock a "neutral" rating in a research report on Friday, September 18th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $160.29.

Insider Activity at Leidos

In related news, Director Noel 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 transaction of $1,406,600.00. Following the completion of the transaction, the director directly owned 34,274 shares in the company, valued at $4,820,980.84. This represents a 22.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction of $140,850.00. Following the completion of the transaction, the director directly owned 10,204 shares of the company's stock, valued at approximately $1,437,233.40. The trade was a 8.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.77% of the company's stock.

Leidos Trading Up 1.3%

Shares of LDOS opened at $124.89 on Thursday. Leidos Holdings, Inc. has a 52-week low of $98.86 and a 52-week high of $205.77. The business's fifty day moving average is $129.00 and its 200-day moving average is $133.41. 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 $15.67 billion, a price-to-earnings ratio of 11.65, a PEG ratio of 1.38 and a beta of 0.56.

Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $4.44 billion. During the same period last year, the firm posted $3.21 earnings per share. Leidos's revenue was up 7.2% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Equities analysts anticipate that Leidos Holdings, Inc. will post 12.28 EPS for the current fiscal year.

Leidos Announces Dividend

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

Leidos announced that its board has authorized a stock buyback plan on Friday, July 31st that permits the company to buyback 20,000,000 outstanding shares. This buyback authorization permits the aerospace company to reacquire shares of its stock through open market purchases. Shares buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

Leidos Company Profile

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.

Want to see what other hedge funds are holding LDOS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Leidos Holdings, Inc. (NYSE:LDOS - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.