13,418 Shares in Leidos Holdings, Inc. $LDOS Acquired by Strs Ohio

Strs Ohio bought a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,418 shares of the aerospace company’s stock, valued at approximately $2,117,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of LDOS. First Pacific Financial bought a new stake in Leidos in the second quarter worth about $27,000. Raleigh Capital Management Inc. bought a new stake in Leidos in the second quarter worth about $29,000. MCF Advisors LLC bought a new stake in shares of Leidos in the 1st quarter worth approximately $27,000. REAP Financial Group LLC lifted its stake in Leidos by 50.0% during the second quarter. REAP Financial Group LLC now owns 228 shares of the aerospace company’s stock valued at $36,000 after purchasing an additional 76 shares during the last quarter. Finally, Optimum Investment Advisors lifted its stake in Leidos by 260.0% during the first quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 169 shares during the last quarter. Institutional investors own 76.12% of the company’s stock.

Insiders Place Their Bets

In other Leidos news, Director Gary Stephen May sold 2,000 shares of the stock in a transaction on Monday, August 11th. The shares were sold at an average price of $178.05, for a total transaction of $356,100.00. Following the transaction, the director directly owned 10,137 shares of the company’s stock, valued at $1,804,892.85. This represents a 16.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Stephen Edward Hull sold 12,497 shares of the stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $178.14, for a total value of $2,226,215.58. Following the transaction, the insider directly owned 25,817 shares in the company, valued at approximately $4,599,040.38. This represents a 32.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,975 shares of company stock valued at $4,078,740 over the last three months. 0.69% of the stock is currently owned by insiders.

Leidos Stock Performance

Shares of LDOS stock opened at $199.73 on Wednesday. The stock’s 50-day moving average is $187.10 and its two-hundred day moving average is $168.52. Leidos Holdings, Inc. has a fifty-two week low of $123.62 and a fifty-two week high of $205.77. The firm has a market cap of $25.62 billion, a P/E ratio of 18.88, a PEG ratio of 1.81 and a beta of 0.69. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.62 and a quick ratio of 1.50.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $3.05 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $0.44. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The firm had revenue of $4.47 billion for the quarter, compared to the consensus estimate of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. Analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, December 15th. This is a positive change from Leidos’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a yield of 0.9%. Leidos’s dividend payout ratio (DPR) is currently 15.12%.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on LDOS shares. Royal Bank Of Canada raised Leidos from a “hold” rating to a “moderate buy” rating in a report on Thursday, September 4th. Argus boosted their target price on Leidos from $185.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, September 24th. UBS Group boosted their target price on Leidos from $168.00 to $184.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Wall Street Zen downgraded Leidos from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. Finally, Citigroup restated a “buy” rating and set a $190.00 price objective (up previously from $186.00) on shares of Leidos in a report on Monday, July 14th. Nine research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Leidos presently has an average rating of “Moderate Buy” and an average target price of $191.92.

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.