1,678 Shares in Leidos Holdings, Inc. $LDOS Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC acquired a new position in Leidos Holdings, Inc. (NYSE:LDOS) during the 2nd quarter, HoldingsChannel reports. The fund acquired 1,678 shares of the aerospace company’s stock, valued at approximately $275,000.

Other institutional investors also recently bought and sold shares of the company. MCF Advisors LLC acquired a new stake in Leidos in the 1st quarter worth about $27,000. First Pacific Financial acquired a new stake in Leidos in the 2nd quarter worth about $27,000. Raleigh Capital Management Inc. acquired a new stake in Leidos in the 2nd quarter worth about $29,000. Optimum Investment Advisors boosted its holdings in Leidos by 260.0% in the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock worth $32,000 after buying an additional 169 shares during the last quarter. Finally, Zions Bancorporation National Association UT acquired a new stake in Leidos in the 1st quarter worth about $33,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Leidos

In related news, Director Gary Stephen May sold 2,000 shares of Leidos stock in a transaction that occurred 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 sale, the director owned 10,137 shares in the company, valued at approximately $1,804,892.85. This trade represents a 16.48% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stephen Edward Hull sold 12,497 shares of Leidos stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the completion of the sale, the insider owned 25,817 shares of the company’s stock, valued at $4,599,040.38. This trade represents a 32.62% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,975 shares of company stock worth $4,078,740. Insiders own 0.96% of the company’s stock.

Leidos Stock Down 0.8%

LDOS stock opened at $189.80 on Friday. The firm has a market cap of $24.35 billion, a PE ratio of 17.94, a PEG ratio of 1.79 and a beta of 0.71. 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 firm’s 50 day moving average price is $185.55 and its 200-day moving average price is $165.44. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90.

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

Leidos Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.8%. The ex-dividend date was Monday, September 15th. Leidos’s dividend payout ratio (DPR) is 15.12%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on LDOS shares. Argus raised their target price on shares of Leidos from $185.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, September 24th. Citigroup reissued a “buy” rating and issued a $190.00 target price (up from $186.00) on shares of Leidos in a research note on Monday, July 14th. Royal Bank Of Canada raised shares of Leidos from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 4th. UBS Group raised 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. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Leidos in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $188.31.

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.