BlackRock Amends Leidos Holdings Stake, Maintains Passive Position
Ticker: LDOS · Form: SC 13G/A · Filed: Jan 23, 2024 · CIK: 1336920
| Field | Detail |
|---|---|
| Company | Leidos Holdings, Inc. (LDOS) |
| Form Type | SC 13G/A |
| Filed Date | Jan 23, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock still owns a big chunk of Leidos, good sign for stability.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 23, 2024, disclosing its ownership in Leidos Holdings, Inc. as of December 31, 2023. This amendment, the 12th for BlackRock regarding Leidos, indicates that BlackRock continues to hold a significant, though passive, stake in the company. For investors, this filing confirms that a major institutional investor maintains confidence in Leidos, which can be a positive signal for the stock's stability and long-term outlook.
Why It Matters
This filing shows that BlackRock, a major institutional investor, still holds a substantial stake in Leidos Holdings, Inc., signaling continued institutional confidence in the company.
Risk Assessment
Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate new risks or significant changes.
Analyst Insight
Investors should note that a major institutional investor like BlackRock maintains a passive stake, suggesting a stable, long-term view of Leidos Holdings, Inc. This doesn't signal an immediate buy or sell, but rather a vote of confidence from a large fund.
Key Players & Entities
- BlackRock Inc. (company) — the reporting person and institutional investor
- Leidos Holdings, Inc. (company) — the subject company in which shares are held
- December 31, 2023 (date) — the date of the event requiring the filing
- January 23, 2024 (date) — the filing date of the SC 13G/A
Forward-Looking Statements
- BlackRock will continue to hold a significant, passive stake in Leidos Holdings, Inc. (BlackRock Inc.) — high confidence, target: December 31, 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and '(Amendment No: 12)' in the filing.
Who is the reporting person in this filing?
The reporting person is BlackRock, Inc., as stated under '(1)Names of reporting persons. BlackRock, Inc.' in the filing.
What is the subject company of this filing?
The subject company is Leidos Holdings, Inc., identified as 'LEIDOS HOLDINGS INC (Name of Issuer)' in the filing.
What was the date of the event that required this filing?
The date of the event which required this filing was December 31, 2023, as specified under '(Date of Event Which Requires Filing of this Statement) December 31, 2023'.
What is the CUSIP number for the securities discussed?
The CUSIP number for the Common Stock of Leidos Holdings, Inc. is 525327102, as listed under '(CUSIP Number) 525327102'.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 23, 2024 regarding Leidos Holdings, Inc. (LDOS).