Mitsubishi UFJ Asset Management Co. Ltd. Buys 5,309 Shares of Leidos Holdings, Inc. $LDOS

Mitsubishi UFJ Asset Management Co. Ltd. raised its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 2.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 264,498 shares of the aerospace company’s stock after acquiring an additional 5,309 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. owned approximately 0.21% of Leidos worth $49,980,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Norges Bank purchased a new stake in Leidos during the 2nd quarter valued at about $261,501,000. Alliancebernstein L.P. lifted its stake in shares of Leidos by 64.4% in the second quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock worth $241,256,000 after buying an additional 598,974 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Leidos by 21.2% during the second quarter. AQR Capital Management LLC now owns 1,433,712 shares of the aerospace company’s stock valued at $223,731,000 after buying an additional 250,555 shares during the last quarter. Hennessy Advisors Inc. grew its holdings in shares of Leidos by 1,427.1% during the third quarter. Hennessy Advisors Inc. now owns 259,600 shares of the aerospace company’s stock valued at $49,054,000 after buying an additional 242,600 shares during the last quarter. Finally, Balyasny Asset Management L.P. raised its holdings in Leidos by 753.0% in the 2nd quarter. Balyasny Asset Management L.P. now owns 215,939 shares of the aerospace company’s stock worth $34,067,000 after acquiring an additional 190,625 shares during the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insiders Place Their Bets

In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the business’s stock in a transaction dated Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total transaction of $576,630.00. Following the completion of the sale, the insider owned 38,575 shares of the company’s stock, valued at approximately $7,414,500.75. The trade was a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.96% of the company’s stock.

Leidos Price Performance

Shares of NYSE:LDOS opened at $174.98 on Friday. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $22.12 billion, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.24 and a beta of 0.59. The firm’s 50 day moving average price is $185.59 and its 200-day moving average price is $186.58. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $205.77.

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

Leidos Dividend Announcement

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

Analyst Ratings Changes

Several analysts have commented on LDOS shares. UBS Group set a $204.00 target price on Leidos in a research note on Thursday, January 15th. Royal Bank Of Canada dropped their price objective on Leidos from $230.00 to $215.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. Stifel Nicolaus reduced their price objective on Leidos from $220.00 to $205.00 and set a “hold” rating for the company in a report on Wednesday, February 18th. Wall Street Zen cut shares of Leidos from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 21st. Finally, Bank of America raised their price target on shares of Leidos from $200.00 to $235.00 and gave the company a “buy” rating in a report on Friday, November 7th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $214.18.

Leidos Profile

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.