Rep. Gerald E. Connolly Sells Off Shares of Leidos Holdings, Inc. (NYSE:LDOS)

Representative Gerald E. Connolly (D-Virginia) recently sold shares of Leidos Holdings, Inc. (NYSE:LDOS). In a filing disclosed on May 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Leidos stock on May 13th. The trade occurred in the Representative’s “TIAA JOINT” account.

Representative Gerald E. Connolly also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Science Applications International (NYSE:SAIC) on 5/13/2025.

Leidos Trading Up 0.3%

Shares of NYSE:LDOS opened at $159.43 on Tuesday. The company has a market capitalization of $20.52 billion, a PE ratio of 17.25, a P/E/G ratio of 1.65 and a beta of 0.65. The company has a current ratio of 1.21, a quick ratio of 1.13 and a debt-to-equity ratio of 0.91. Leidos Holdings, Inc. has a 12-month low of $123.62 and a 12-month high of $202.90. The business’s fifty day simple moving average is $142.74 and its 200-day simple moving average is $148.22.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, May 6th. The aerospace company reported $2.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.47 by $0.50. The company had revenue of $4.25 billion for the quarter, compared to analyst estimates of $4.11 billion. Leidos had a return on equity of 30.93% and a net margin of 7.53%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.29 earnings per share. As a group, equities research analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Shareholders of record on Monday, June 16th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, June 16th. This represents a $1.60 annualized dividend and a yield of 1.00%. Leidos’s dividend payout ratio (DPR) is presently 16.10%.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Wells Fargo & Company upped their target price on Leidos from $173.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, May 8th. William Blair lowered shares of Leidos from an “outperform” rating to a “market perform” rating in a research report on Friday, February 21st. Truist Financial dropped their target price on shares of Leidos from $165.00 to $155.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Cantor Fitzgerald raised Leidos to a “strong-buy” rating in a report on Tuesday, February 25th. Finally, Royal Bank of Canada lifted their target price on Leidos from $150.00 to $160.00 and gave the stock a “sector perform” rating in a report on Wednesday, May 7th. Five investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $180.69.

Hedge Funds Weigh In On Leidos

Several institutional investors have recently made changes to their positions in the company. Marshall & Sterling Wealth Advisors Inc. acquired a new stake in Leidos during the fourth quarter valued at $25,000. Duncker Streett & Co. Inc. purchased a new position in Leidos during the fourth quarter valued at $27,000. REAP Financial Group LLC grew its position in shares of Leidos by 422.2% in the fourth quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 152 shares during the period. MCF Advisors LLC purchased a new stake in shares of Leidos during the first quarter worth about $27,000. Finally, Berbice Capital Management LLC acquired a new position in shares of Leidos during the 4th quarter worth about $29,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Leidos

In other Leidos news, Director Gregory R. Dahlberg sold 1,250 shares of Leidos stock in a transaction on Friday, May 9th. The shares were sold at an average price of $154.55, for a total transaction of $193,187.50. Following the sale, the director now owns 20,195 shares of the company’s stock, valued at $3,121,137.25. The trade was a 5.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.96% of the stock is currently owned by corporate insiders.

About Representative Connolly

Gerald Edward Connolly (Democratic Party) (also known as Gerry) is a member of the U.S. House, representing Virginia’s 11th Congressional District. He assumed office on January 3, 2009. His current term ends on January 3, 2027.

Connolly (Democratic Party) ran for re-election to the U.S. House to represent Virginia’s 11th Congressional District. He won in the general election on November 5, 2024.

Click here to see Connolly’s key votes in Congress.

Since at least 2012, Connolly was assigned to the Committee on Foreign Affairs and the Committee on Oversight and Government Reform.

From 1995 through 2008, Connolly served as a member of the Fairfax County Board of Supervisors.

Connolly was born in Boston, Massachusetts. He earned his bachelor’s from Maryknoll College in 1971 and his M.P.A. in 1971 from Harvard University. After receiving his master’s, he began working for the United States Senate Committee on Foreign Relations.[1] Prior to his election to the U.S. House, Connolly was a chair of the Board of Supervisors in Fairfax County, Va.

Leidos Company Profile

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.