Rockefeller Capital Management L.P. Has $6.37 Million Stake in Leidos Holdings, Inc. $LDOS

Rockefeller Capital Management L.P. increased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 6.9% during the second quarter, HoldingsChannel reports. The fund owned 40,350 shares of the aerospace company’s stock after buying an additional 2,611 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in Leidos were worth $6,366,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. First Pacific Financial bought a new stake in shares of Leidos during the second quarter worth about $27,000. Raleigh Capital Management Inc. acquired a new stake in Leidos during the 2nd quarter worth approximately $29,000. True Wealth Design LLC grew its holdings in Leidos by 471.4% during the 2nd quarter. True Wealth Design LLC now owns 200 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 165 shares during the last quarter. Zions Bancorporation National Association UT acquired a new position in Leidos in the 1st quarter valued at approximately $33,000. Finally, Mountain Hill Investment Partners Corp. raised its stake in shares of Leidos by 66.2% during the second quarter. Mountain Hill Investment Partners Corp. now owns 216 shares of the aerospace company’s stock valued at $34,000 after acquiring an additional 86 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Insider Activity

In other news, 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 completion of the sale, the insider directly owned 25,817 shares in the company, valued at $4,599,040.38. This trade represents a 32.62% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.96% of the stock is owned by company insiders.

Leidos Price Performance

Leidos stock opened at $185.67 on Friday. The stock has a market capitalization of $23.74 billion, a price-to-earnings ratio of 17.32, a PEG ratio of 1.39 and a beta of 0.69. Leidos Holdings, Inc. has a 52-week low of $123.62 and a 52-week high of $205.77. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62. The stock’s 50 day moving average price is $190.02 and its two-hundred day moving average price is $172.16.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share for the quarter, beating the consensus estimate of $2.61 by $0.44. Leidos had a net margin of 8.11% and a return on equity of 33.02%. The company had revenue of $4.47 billion during the quarter, compared to analyst estimates of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. On average, equities analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a dividend of $0.43 per share. This is an increase from Leidos’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Monday, December 15th. Leidos’s dividend payout ratio (DPR) is currently 14.93%.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. UBS Group boosted their price objective on shares of Leidos from $209.00 to $216.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Jefferies Financial Group upgraded Leidos from a “hold” rating to a “buy” rating and upped their price target for the company from $185.00 to $205.00 in a research report on Wednesday, August 6th. Zacks Research cut Leidos from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd. Cantor Fitzgerald lifted their price objective on Leidos from $185.00 to $225.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Finally, Wall Street Zen raised shares of Leidos from a “buy” rating to a “strong-buy” rating in a research note on Saturday, November 8th. Ten analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Leidos currently has an average rating of “Moderate Buy” and a consensus price target of $199.23.

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.