Neuberger Berman Exits ENTRUST Stake for $2.4 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 27 2026
0mins
Should l Buy LDOS?
Source: PRnewswire
- Investment Exit: Neuberger Berman successfully exits its minority stake in ENTRUST Solutions Group through a sale to Leidos for approximately $2.4 billion, marking a strategic success since its acquisition in August 2023.
- Company Background: Headquartered in Lisle, Illinois, ENTRUST employs over 3,100 professionals and provides consulting and engineering services to the utility and infrastructure markets in North America, supporting the maintenance and upgrade of aging infrastructure.
- Strategic Partnership: ENTRUST CEO Adam Biggam noted that Neuberger's support has been vital for advancing key strategic investments and assembling a best-in-class team to strengthen North America's critical power infrastructure.
- Transaction Details: The deal is expected to close in the second quarter of 2026, subject to customary closing conditions and regulatory approvals, reflecting Neuberger's active participation in private markets and confidence in future growth.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy LDOS?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on LDOS
Wall Street analysts forecast LDOS stock price to rise
11 Analyst Rating
7 Buy
4 Hold
0 Sell
Moderate Buy
Current: 171.440
Low
178.00
Averages
219.70
High
235.00
Current: 171.440
Low
178.00
Averages
219.70
High
235.00
About LDOS
Leidos Holdings, Inc. is a holding company, which operates through its wholly owned subsidiary, Leidos, Inc. (Leidos). The Company’s segments include National Security & Digital, Health & Civil, Commercial & International and Defense Systems. Its National Security & Digital business provides technologically advanced services, solutions and products, as well as mission software capabilities for defense and intelligence customers in the areas of cyber, logistics, security operations and decision analytics. Its Health & Civil business provides services and solutions to federal and commercial customers in the areas of public health, care coordination, life and environmental sciences and transportation. Its Commercial & International business delivers a portfolio of products, services, and solutions aimed at securing national assets, modernizing energy and critical infrastructure, and enhancing mission outcomes. The Company serves government and commercial customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
AI Turbulence Impacts Market Performance
- Increased Market Volatility: Last week, stocks in software, real estate, financial services, and logistics faced selling pressure due to concerns over AI-related disruptions, with the Nasdaq Composite falling 0.2% and a weekly loss of 2.1%, indicating market sensitivity to AI impacts.
- Consumer Spending Data Focus: This week's highlight will be the Personal Consumption Expenditures (PCE) report on Friday, which will provide insights into consumer spending in December and inflation trends, especially following last week's unexpected slowdown in the Consumer Price Index (CPI).
- Corporate Earnings in Spotlight: Walmart (WMT) is set to release its fourth-quarter earnings on Thursday, marking the first report under new CEO John Furner, making it a key indicator of consumer spending that the market is eagerly anticipating.
- Ongoing AI Impact: As AI tools' potential effects intensify across various sectors, software stocks like Salesforce (CRM) and ServiceNow (NOW) have seen significant declines, reflecting the market's heightened vigilance regarding AI disruptions, necessitating close monitoring of future industry developments.
See More
Leidos Declares Quarterly Cash Dividend
- Dividend Declaration: Leidos Holdings, Inc. has announced a quarterly cash dividend of $0.43 per share, payable on March 31, 2026, reflecting the company's commitment to returning value to shareholders.
- Record Date for Shareholders: The record date for this dividend is set for March 16, 2026, ensuring that investors holding shares by this date will receive the dividend, thereby enhancing shareholder confidence.
- Financial Overview: Leidos reported annual revenues of approximately $16.7 billion for the fiscal year ending January 3, 2025, indicating strong performance in serving government and commercial customers, which further solidifies its market position.
- Global Workforce: With a workforce of 47,000 employees worldwide, Leidos demonstrates its strength as an industry and technology leader, supporting ongoing advancements in digital and mission innovations.
See More
Powell's Tenure Nears End, Market Focuses on His Legacy
- Monetary Policy Balance: As Fed Chair Powell's tenure approaches its end, the market is keenly focused on his performance in balancing maximum employment and stable prices, especially with the upcoming release of the latest meeting minutes, marking one of his final meetings in office.
- Interest Rate Challenges: During Powell's leadership, the Fed has navigated emergency interventions and an aggressive rate-hiking cycle, with the benchmark rate rising from near zero to over 5%; despite initially viewing inflation as 'transitory,' achieving a 'soft landing' for the economy will be a key part of his legacy.
- Market Reaction Expectations: Investors are optimistic about the upcoming personal consumption expenditure data, although the cooler-than-expected CPI could impact the Fed's interest rate outlook, with markets currently pricing in only two quarter-point cuts for the year.
- Industry Dynamics Observation: As concerns over AI disruption grow, stocks in software, finance, and real estate have seen declines, prompting investors to search for the next potentially affected sectors, with Walmart and Deere's upcoming earnings reports likely to be focal points for market attention.
See More
Palantir Stock Drops 4.93% Amid Bearish Sentiment
- Stock Volatility: Palantir Technologies closed at $129.13, down 4.93%, primarily influenced by investor Michael Burry's bearish outlook on the company and the broader AI cycle, reflecting market concerns over its premium valuation.
- Surge in Trading Volume: The trading volume reached 73.4 million shares, which is 61% above the three-month average of 45.6 million shares, indicating a significant increase in market interest in Palantir's stock despite the price decline.
- Strong Performance: Despite facing pressure, Palantir's fourth-quarter revenue increased by 70% year-over-year, with U.S. commercial revenue soaring by 137%, demonstrating robust demand for its AI platforms among enterprise and government clients, while management's guidance exceeded Wall Street expectations.
- Future Outlook: Recent upgrades from HSBC and Northland Securities highlight the potential for sustained growth, but the market's cautious stance on future returns suggests that Palantir's outlook will depend on whether its commercial momentum and margin expansion can justify its current high valuation.
See More
DHS Faces Shutdown Crisis as Senate Fails to Reach Deal
- DHS Funding Crisis: The Department of Homeland Security (DHS) is facing a shutdown starting at 12:01 a.m. Saturday after the Senate failed to pass a funding bill already approved by the House, jeopardizing normal operations, particularly at sub-agencies like the TSA and FEMA.
- Employees Working Without Pay: Although most DHS employees are deemed essential, they will be forced to work without pay during the shutdown, which could strain frontline enforcement personnel and impact their morale and efficiency.
- Negotiation Stalemate: Significant disagreements persist between Democrats and the White House over immigration enforcement terms, with Democrats pushing for new restrictions on agents, including body cameras and judicial warrants for arrests, while the White House rejects changes that could hinder its enforcement agenda, slowing negotiations.
- Impact of Congressional Recess: With Congress entering a week-long recess, if an agreement is not reached during this period, the DHS shutdown will continue, and many lawmakers will be in Germany for the Munich Security Conference, further delaying potential solutions.
See More
Leidos Accelerates DODNet Migration for Defense Agencies
- User Migration Acceleration: Leidos plans to transition over 100,000 users to DODNet within the next 18 months, including six agencies such as the Defense Finance and Accounting Service, thereby enhancing user experience and advancing Zero Trust compliance.
- Project Scale Expansion: This migration marks a significant step in the $11.5 billion Defense Enclave Services program, highlighting Leidos' success in consolidating 26 separate networks and 12 help desks, which further enhances mission readiness.
- Strategic Goal Advancement: By executing faster, seamless migrations, Leidos aims to help defense agencies realize greater savings and efficiencies through IT consolidation, strengthening security, data access, and mission outcomes.
- Digital Modernization Drive: Leading the DODNet program since February 2022, Leidos emphasizes digital modernization and cyber solutions as key elements of its NorthStar 2030 growth strategy, showcasing the company's technological leadership in the defense sector.
See More
AI Turbulence Impacts Market Performance
- Increased Market Volatility: Last week, stocks in software, real estate, financial services, and logistics faced selling pressure due to concerns over AI-related disruptions, with the Nasdaq Composite falling 0.2% and a weekly loss of 2.1%, indicating market sensitivity to AI impacts.
- Consumer Spending Data Focus: This week's highlight will be the Personal Consumption Expenditures (PCE) report on Friday, which will provide insights into consumer spending in December and inflation trends, especially following last week's unexpected slowdown in the Consumer Price Index (CPI).
- Corporate Earnings in Spotlight: Walmart (WMT) is set to release its fourth-quarter earnings on Thursday, marking the first report under new CEO John Furner, making it a key indicator of consumer spending that the market is eagerly anticipating.
- Ongoing AI Impact: As AI tools' potential effects intensify across various sectors, software stocks like Salesforce (CRM) and ServiceNow (NOW) have seen significant declines, reflecting the market's heightened vigilance regarding AI disruptions, necessitating close monitoring of future industry developments.
See More
Leidos Declares Quarterly Cash Dividend
- Dividend Declaration: Leidos Holdings, Inc. has announced a quarterly cash dividend of $0.43 per share, payable on March 31, 2026, reflecting the company's commitment to returning value to shareholders.
- Record Date for Shareholders: The record date for this dividend is set for March 16, 2026, ensuring that investors holding shares by this date will receive the dividend, thereby enhancing shareholder confidence.
- Financial Overview: Leidos reported annual revenues of approximately $16.7 billion for the fiscal year ending January 3, 2025, indicating strong performance in serving government and commercial customers, which further solidifies its market position.
- Global Workforce: With a workforce of 47,000 employees worldwide, Leidos demonstrates its strength as an industry and technology leader, supporting ongoing advancements in digital and mission innovations.
See More
Powell's Tenure Nears End, Market Focuses on His Legacy
- Monetary Policy Balance: As Fed Chair Powell's tenure approaches its end, the market is keenly focused on his performance in balancing maximum employment and stable prices, especially with the upcoming release of the latest meeting minutes, marking one of his final meetings in office.
- Interest Rate Challenges: During Powell's leadership, the Fed has navigated emergency interventions and an aggressive rate-hiking cycle, with the benchmark rate rising from near zero to over 5%; despite initially viewing inflation as 'transitory,' achieving a 'soft landing' for the economy will be a key part of his legacy.
- Market Reaction Expectations: Investors are optimistic about the upcoming personal consumption expenditure data, although the cooler-than-expected CPI could impact the Fed's interest rate outlook, with markets currently pricing in only two quarter-point cuts for the year.
- Industry Dynamics Observation: As concerns over AI disruption grow, stocks in software, finance, and real estate have seen declines, prompting investors to search for the next potentially affected sectors, with Walmart and Deere's upcoming earnings reports likely to be focal points for market attention.
See More
Palantir Stock Drops 4.93% Amid Bearish Sentiment
- Stock Volatility: Palantir Technologies closed at $129.13, down 4.93%, primarily influenced by investor Michael Burry's bearish outlook on the company and the broader AI cycle, reflecting market concerns over its premium valuation.
- Surge in Trading Volume: The trading volume reached 73.4 million shares, which is 61% above the three-month average of 45.6 million shares, indicating a significant increase in market interest in Palantir's stock despite the price decline.
- Strong Performance: Despite facing pressure, Palantir's fourth-quarter revenue increased by 70% year-over-year, with U.S. commercial revenue soaring by 137%, demonstrating robust demand for its AI platforms among enterprise and government clients, while management's guidance exceeded Wall Street expectations.
- Future Outlook: Recent upgrades from HSBC and Northland Securities highlight the potential for sustained growth, but the market's cautious stance on future returns suggests that Palantir's outlook will depend on whether its commercial momentum and margin expansion can justify its current high valuation.
See More
DHS Faces Shutdown Crisis as Senate Fails to Reach Deal
- DHS Funding Crisis: The Department of Homeland Security (DHS) is facing a shutdown starting at 12:01 a.m. Saturday after the Senate failed to pass a funding bill already approved by the House, jeopardizing normal operations, particularly at sub-agencies like the TSA and FEMA.
- Employees Working Without Pay: Although most DHS employees are deemed essential, they will be forced to work without pay during the shutdown, which could strain frontline enforcement personnel and impact their morale and efficiency.
- Negotiation Stalemate: Significant disagreements persist between Democrats and the White House over immigration enforcement terms, with Democrats pushing for new restrictions on agents, including body cameras and judicial warrants for arrests, while the White House rejects changes that could hinder its enforcement agenda, slowing negotiations.
- Impact of Congressional Recess: With Congress entering a week-long recess, if an agreement is not reached during this period, the DHS shutdown will continue, and many lawmakers will be in Germany for the Munich Security Conference, further delaying potential solutions.
See More
Leidos Accelerates DODNet Migration for Defense Agencies
- User Migration Acceleration: Leidos plans to transition over 100,000 users to DODNet within the next 18 months, including six agencies such as the Defense Finance and Accounting Service, thereby enhancing user experience and advancing Zero Trust compliance.
- Project Scale Expansion: This migration marks a significant step in the $11.5 billion Defense Enclave Services program, highlighting Leidos' success in consolidating 26 separate networks and 12 help desks, which further enhances mission readiness.
- Strategic Goal Advancement: By executing faster, seamless migrations, Leidos aims to help defense agencies realize greater savings and efficiencies through IT consolidation, strengthening security, data access, and mission outcomes.
- Digital Modernization Drive: Leading the DODNet program since February 2022, Leidos emphasizes digital modernization and cyber solutions as key elements of its NorthStar 2030 growth strategy, showcasing the company's technological leadership in the defense sector.
See More
