Vinva Investment Management Ltd Sells 28,039 Shares of Leidos Holdings, Inc. $LDOS

Vinva Investment Management Ltd cut its position in Leidos Holdings, Inc. (NYSE:LDOS) by 26.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,009 shares of the aerospace company’s stock after selling 28,039 shares during the period. Vinva Investment Management Ltd owned 0.06% of Leidos worth $14,665,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Leidos in the second quarter valued at approximately $261,501,000. Alliancebernstein L.P. grew its position in Leidos by 64.4% during the 2nd quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock worth $241,256,000 after acquiring an additional 598,974 shares during the last quarter. AQR Capital Management LLC increased its holdings in Leidos by 21.2% during the 2nd quarter. AQR Capital Management LLC now owns 1,433,712 shares of the aerospace company’s stock valued at $223,731,000 after purchasing an additional 250,555 shares in the last quarter. Hennessy Advisors Inc. increased its holdings in Leidos by 1,427.1% during the 3rd quarter. Hennessy Advisors Inc. now owns 259,600 shares of the aerospace company’s stock valued at $49,054,000 after purchasing an additional 242,600 shares in the last quarter. Finally, Balyasny Asset Management L.P. raised its position 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 valued at $34,067,000 after purchasing an additional 190,625 shares during the last quarter. 76.12% of the stock is owned by institutional investors.

Leidos Stock Up 1.4%

NYSE:LDOS opened at $178.10 on Friday. The company has a market cap of $22.51 billion, a price-to-earnings ratio of 16.00, a P/E/G ratio of 1.26 and a beta of 0.63. The company has a debt-to-equity ratio of 0.93, a quick ratio of 1.58 and a current ratio of 1.70. The stock’s fifty day moving average price is $184.76 and its two-hundred day moving average price is $186.54. Leidos Holdings, Inc. has a 52-week low of $128.32 and a 52-week high of $205.77.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, February 17th. The aerospace company reported $2.76 EPS for the quarter, beating the consensus estimate of $2.57 by $0.19. The company had revenue of $4.21 billion during the quarter, compared to analysts’ expectations of $4.31 billion. Leidos had a return on equity of 32.95% and a net margin of 8.43%.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 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. On average, analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The company also recently disclosed 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. This represents a $1.72 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, March 16th. Leidos’s payout ratio is currently 15.45%.

Wall Street Analyst Weigh In

A number of research firms have commented on LDOS. Citigroup boosted their price objective on Leidos from $218.00 to $232.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Royal Bank Of Canada lowered their target price on Leidos from $230.00 to $215.00 and set an “outperform” rating for the company in a research note on Wednesday, February 18th. Stifel Nicolaus reduced their price target on shares of Leidos from $220.00 to $205.00 and set a “hold” rating on the stock in a research report on Wednesday, February 18th. Robert W. Baird decreased their price objective on shares of Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a report on Wednesday, February 18th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Leidos in a research report on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Leidos currently has a consensus rating of “Moderate Buy” and a consensus price target of $214.18.

Insiders Place Their Bets

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

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.