Dimensional Fund Advisors LP Sells 25,789 Shares of Leidos Holdings, Inc. $LDOS

Dimensional Fund Advisors LP decreased its position in Leidos Holdings, Inc. (NYSE:LDOS) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,810,508 shares of the aerospace company’s stock after selling 25,789 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Leidos were worth $342,058,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its position in Leidos by 3.3% in the second quarter. JPMorgan Chase & Co. now owns 3,528,630 shares of the aerospace company’s stock valued at $556,677,000 after buying an additional 111,813 shares in the last quarter. Boston Partners boosted its holdings in shares of Leidos by 3.7% in the 2nd quarter. Boston Partners now owns 2,909,142 shares of the aerospace company’s stock worth $460,203,000 after acquiring an additional 103,321 shares in the last quarter. Massachusetts Financial Services Co. MA grew its position in Leidos by 1.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,221,518 shares of the aerospace company’s stock worth $419,778,000 after acquiring an additional 39,378 shares during the last quarter. Norges Bank acquired a new stake in Leidos during the 2nd quarter valued at $261,501,000. Finally, Alliancebernstein L.P. increased its holdings in Leidos by 64.4% during the 2nd quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock valued at $241,256,000 after purchasing an additional 598,974 shares in the last quarter. 76.12% of the stock is owned by institutional investors.

Insider Activity

In other news, insider Elizabeth A. Porter sold 3,000 shares of the company’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total value of $576,630.00. Following the completion of the sale, the insider directly owned 38,575 shares of the company’s stock, valued at $7,414,500.75. This represents a 7.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.96% of the company’s stock.

Leidos Stock Down 0.6%

Shares of NYSE:LDOS opened at $175.65 on Friday. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.70 and a quick ratio of 1.58. The stock has a market cap of $22.20 billion, a price-to-earnings ratio of 15.78, a P/E/G ratio of 1.25 and a beta of 0.63. The company has a 50 day moving average of $184.92 and a 200-day moving average of $186.49. Leidos Holdings, Inc. has a one year low of $128.32 and a one year high of $205.77.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.19. The firm had revenue of $4.21 billion for the quarter, compared to analysts’ expectations of $4.31 billion. Leidos had a net margin of 8.43% and a return on equity of 32.95%. The business’s revenue for the quarter was down 3.6% on a year-over-year basis. During the same period last year, the firm earned $2.37 earnings per share. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, sell-side analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

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

Analysts Set New Price Targets

Several analysts have recently commented on LDOS shares. Bank of America increased their target price on Leidos from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Weiss Ratings reissued a “buy (b)” rating on shares of Leidos in a report on Monday, December 29th. Wall Street Zen downgraded shares of Leidos from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 21st. Jefferies Financial Group reiterated a “buy” rating and set a $215.00 target price on shares of Leidos in a research report on Monday, February 23rd. Finally, Citigroup raised their price target on shares of Leidos from $218.00 to $232.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Leidos has an average rating of “Moderate Buy” and a consensus price target of $214.18.

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.