Leidos Holdings Inc. (LDOS) has seen an interesting mix of stock performance and investment activity. Various investment and asset management firms are adjusting their holdings in Leidos. While some purchased new positions or increased their stakes, others sold or reduced their holdings. A few firms including Principal Financial Group, New York State Teachers Retirement System, and KBC Group have considerably high stakes in the company. Positive momentum for Leidos is backed by a recent unexpected earnings surprise leading to a 2.09% surge, and Stifel initiating coverage with a 'Buy' rating. Leidos' position is being also enhanced by securing significant contracts, including a $35M deal for Pentagon data network modernization and an $87M NATO contract. The company's growing backlog suggests strong future revenues, adding to the positive outlook. However, not all news is positive, with the stock somewhat underperforming the Dow, and a slightly mysterious dip after their last earnings report. Overall, Leidos has displayed strong growth and strategic planning, making them a potential value stock for long-term investors.
Leidos Holdings LDOS News Analytics from Mon, 23 Dec 2024 08:00:00 GMT to Sat, 05 Jul 2025 13:22:18 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor 4
