Forum Financial Management LP Has $384,000 Stock Holdings in Leidos Holdings, Inc. $LDOS

Forum Financial Management LP boosted its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 10.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,431 shares of the aerospace company’s stock after purchasing an additional 239 shares during the quarter. Forum Financial Management LP’s holdings in Leidos were worth $384,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Kendall Capital Management boosted its position in shares of Leidos by 93.7% during the second quarter. Kendall Capital Management now owns 4,270 shares of the aerospace company’s stock worth $674,000 after purchasing an additional 2,065 shares in the last quarter. Kathmere Capital Management LLC lifted its holdings in Leidos by 145.6% during the second quarter. Kathmere Capital Management LLC now owns 7,998 shares of the aerospace company’s stock worth $1,262,000 after acquiring an additional 4,742 shares in the last quarter. McAdam LLC acquired a new position in Leidos in the second quarter valued at about $286,000. Amundi increased its holdings in shares of Leidos by 19.1% in the first quarter. Amundi now owns 88,927 shares of the aerospace company’s stock worth $12,404,000 after acquiring an additional 14,246 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its position in shares of Leidos by 26.2% during the first quarter. Geneos Wealth Management Inc. now owns 10,229 shares of the aerospace company’s stock worth $1,380,000 after purchasing an additional 2,126 shares during the period. Institutional investors own 76.12% of the company’s stock.

Leidos Stock Down 0.8%

Leidos stock opened at $189.80 on Friday. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 1.06. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90. The company has a fifty day simple moving average of $185.55 and a 200 day simple moving average of $165.66. The company has a market cap of $24.35 billion, a P/E ratio of 17.94, a price-to-earnings-growth ratio of 1.78 and a beta of 0.71.

Leidos (NYSE:LDOS) last posted 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. The company had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.24 billion. Leidos had a net margin of 8.22% and a return on equity of 33.57%. The company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the business posted $2.63 EPS. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently disclosed 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 was Monday, September 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.8%. Leidos’s dividend payout ratio is currently 15.12%.

Analysts Set New Price Targets

Several brokerages recently issued reports on LDOS. UBS Group boosted their price objective on Leidos from $168.00 to $184.00 and gave the company a “neutral” rating in a research report on Thursday, August 7th. Weiss Ratings reissued a “buy (b-)” rating on shares of Leidos in a research report on Saturday. Wall Street Zen lowered shares of Leidos from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. Zacks Research cut shares of Leidos from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Finally, Truist Financial set a $195.00 target price on Leidos in a report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $188.31.

Insider Activity

In related news, Director Gary Stephen May sold 2,000 shares of the firm’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $178.05, for a total value of $356,100.00. Following the completion of the transaction, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,804,892.85. This trade represents a 16.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Stephen Edward Hull sold 12,497 shares of the business’s stock in a transaction on 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 transaction, the insider owned 25,817 shares in the company, valued at approximately $4,599,040.38. The trade was a 32.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 22,975 shares of company stock valued at $4,078,740. 0.96% of the stock is owned by 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.