Woodline Partners LP Increases Position in Leidos Holdings, Inc. $LDOS

Woodline Partners LP raised its position in Leidos Holdings, Inc. (NYSE:LDOS) by 21.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 276,741 shares of the aerospace company’s stock after purchasing an additional 49,455 shares during the quarter. Woodline Partners LP owned 0.21% of Leidos worth $37,343,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. REAP Financial Group LLC raised its position in 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 $27,000. Optimum Investment Advisors increased its position in shares of Leidos by 260.0% during the first quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 169 shares during the period. Zions Bancorporation National Association UT purchased a new stake in shares of Leidos during the first quarter worth $33,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in shares of Leidos during the first quarter worth $54,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Stock Up 0.2%

LDOS opened at $178.83 on Wednesday. Leidos Holdings, Inc. has a fifty-two week low of $123.62 and a fifty-two week high of $202.90. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.50 and a current ratio of 1.62. The company has a market capitalization of $22.94 billion, a P/E ratio of 16.90, a P/E/G ratio of 1.67 and a beta of 0.71. The stock has a fifty day moving average of $170.93 and a 200-day moving average of $153.30.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share for the quarter, topping analysts’ consensus estimates of $2.63 by $0.58. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The company had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter last year, the firm earned $2.63 earnings per share. The company’s revenue was up 2.9% on a year-over-year basis. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. On average, equities analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, September 15th. Leidos’s dividend payout ratio (DPR) is currently 15.12%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Royal Bank Of Canada raised Leidos from a “hold” rating to a “moderate buy” rating in a research report on Thursday, September 4th. Stifel Nicolaus set a $178.00 target price on shares of Leidos and gave the stock a “buy” rating in a research note on Tuesday, June 24th. UBS Group boosted their target price on shares of Leidos from $168.00 to $184.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Baird R W downgraded shares of Leidos from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 27th. Finally, Jefferies Financial Group upgraded shares of Leidos from a “hold” rating to a “buy” rating and upped their price objective for the company from $185.00 to $205.00 in a research note on Wednesday, August 6th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $183.31.

Insider Buying and Selling at Leidos

In other Leidos news, insider Stephen Edward Hull sold 12,497 shares of the business’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the completion of the transaction, the insider owned 25,817 shares of the company’s stock, valued at approximately $4,599,040.38. The trade was a 32.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gary Stephen May sold 2,000 shares of the business’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $178.05, for a total value of $356,100.00. Following the transaction, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,804,892.85. The trade was a 16.48% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,975 shares of company stock valued at $4,078,740 in the last ninety days. 0.69% of the stock is currently owned by company insiders.

Leidos 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.