Leidos Holdings, Inc. $LDOS Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. reduced its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 25.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,401 shares of the aerospace company’s stock after selling 1,131 shares during the period. Atria Wealth Solutions Inc.’s holdings in Leidos were worth $539,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of LDOS. Pacer Advisors Inc. grew its holdings in Leidos by 3,450.0% during the first quarter. Pacer Advisors Inc. now owns 704,106 shares of the aerospace company’s stock worth $95,012,000 after acquiring an additional 684,272 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of Leidos by 29.8% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,336,222 shares of the aerospace company’s stock valued at $315,250,000 after purchasing an additional 536,452 shares during the period. Victory Capital Management Inc. boosted its position in shares of Leidos by 130.3% in the 1st quarter. Victory Capital Management Inc. now owns 711,437 shares of the aerospace company’s stock valued at $96,001,000 after purchasing an additional 402,454 shares during the period. Nuveen LLC acquired a new position in shares of Leidos in the 1st quarter valued at $45,665,000. Finally, Allianz Asset Management GmbH boosted its position in shares of Leidos by 262.9% in the 1st quarter. Allianz Asset Management GmbH now owns 459,501 shares of the aerospace company’s stock valued at $62,005,000 after purchasing an additional 332,882 shares during the period. 76.12% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Leidos

In other news, Director Gregory R. Dahlberg sold 952 shares of the firm’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $168,913.36. Following the completion of the sale, the director directly owned 21,068 shares of the company’s stock, valued at $3,738,095.24. This trade represents a 4.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Stephen Edward Hull sold 12,497 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $178.14, for a total value of $2,226,215.58. Following the sale, the insider directly owned 25,817 shares of the company’s stock, valued at $4,599,040.38. This trade represents a 32.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 22,975 shares of company stock valued at $4,078,740 in the last three months. Corporate insiders own 0.69% of the company’s stock.

Leidos Trading Down 0.0%

Shares of NYSE LDOS opened at $184.35 on Monday. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90. The firm has a market capitalization of $23.65 billion, a PE ratio of 17.42, a PEG ratio of 1.73 and a beta of 0.71. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 1.06. The business has a 50-day moving average price of $184.35 and a two-hundred day moving average price of $163.88.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $3.21 EPS 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 firm had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.24 billion. During the same period last year, the company posted $2.63 EPS. The business’s quarterly revenue was up 2.9% compared to the same quarter last year. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. As a group, analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. Leidos’s dividend payout ratio (DPR) is 15.12%.

Wall Street Analyst Weigh In

LDOS has been the subject of a number of recent analyst reports. Stifel Nicolaus set a $178.00 price target on Leidos and gave the company a “buy” rating in a research report on Tuesday, June 24th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Leidos in a research report on Wednesday, October 8th. Truist Financial set a $195.00 price target on Leidos in a research report on Tuesday, September 30th. Wall Street Zen lowered Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 9th. Finally, Argus increased their price target on Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $188.31.

About Leidos

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.