SCHEDULE 13G/A: BlackRock Amends Stake in Leidos Holdings, Disclosing 6.7% Beneficial Ownership

BlackRock, Inc. has filed an amended Schedule 13G, reporting a 6.7% beneficial ownership stake in Leidos Holdings Inc. common stock as of March 31, 2025.

Summary

• BlackRock, Inc. filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Leidos Holdings Inc.
• As of March 31, 2025, BlackRock, Inc. beneficially owns an aggregate of 8,587,375 shares of Leidos Holdings Inc. common stock.
• This ownership represents 6.7% of the total outstanding common shares of Leidos Holdings Inc.
• BlackRock, Inc. holds sole voting power over 7,980,661 shares.
• BlackRock, Inc. holds sole dispositive power over 8,587,375 shares.
• No shared voting or shared dispositive power was reported by BlackRock, Inc.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a factual regulatory filing (Schedule 13G) disclosing beneficial ownership, which inherently carries a neutral sentiment as it does not discuss company performance, outlook, or strategic changes.

Positives

• BlackRock, Inc., a major institutional investor, holds a significant 6.7% beneficial ownership stake in Leidos Holdings Inc., indicating a substantial investment by a prominent asset manager.

Future Outlook

NA

Management Comments

• "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11." (Spencer Fleming, Managing Director, BlackRock, Inc.)

Industry Context

This filing is a standard regulatory disclosure by a large institutional asset manager, BlackRock, Inc., detailing its passive ownership stake in a publicly traded company, Leidos Holdings Inc. Such Schedule 13G filings are common for institutional investors when their holdings cross specific ownership thresholds or undergo changes, providing transparency into significant holdings across various industries.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's stake, which can influence market perception and liquidity.

Next Steps

• Ongoing compliance with SEC reporting requirements for beneficial ownership by BlackRock, Inc.

Key Dates

Keywords

SEC filing, Schedule 13G, beneficial ownership, BlackRock, Leidos Holdings Inc., common stock, institutional investor, ownership disclosure