Delphi Management Inc. MA Trims Stake in Leidos Holdings, Inc. $LDOS

Delphi Management Inc. MA lowered its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 7.8% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,321 shares of the aerospace company’s stock after selling 789 shares during the quarter. Leidos comprises 1.4% of Delphi Management Inc. MA’s portfolio, making the stock its 19th biggest holding. Delphi Management Inc. MA’s holdings in Leidos were worth $1,470,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of LDOS. REAP Financial Group LLC lifted its position in shares of Leidos by 422.2% in the fourth quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company’s stock valued at $27,000 after acquiring an additional 152 shares in the last quarter. MCF Advisors LLC purchased a new stake in Leidos during the first quarter valued at $27,000. Optimum Investment Advisors lifted its holdings in shares of Leidos by 260.0% in the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 169 shares during the last quarter. Zions Bancorporation National Association UT purchased a new position in shares of Leidos in the 1st quarter worth approximately $33,000. Finally, N.E.W. Advisory Services LLC purchased a new position in Leidos during the first quarter worth $54,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on LDOS shares. UBS Group increased their price target on Leidos from $168.00 to $184.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Citigroup reissued a “buy” rating and set a $190.00 target price (up previously from $186.00) on shares of Leidos in a research report on Monday, July 14th. Royal Bank Of Canada upgraded shares of Leidos from a “hold” rating to a “moderate buy” rating in a report on Thursday, September 4th. Wall Street Zen lowered Leidos from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. Finally, Jefferies Financial Group raised shares of Leidos from a “hold” rating to a “buy” rating and boosted their target price for the stock from $185.00 to $205.00 in a research report on Wednesday, August 6th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $183.31.

Leidos Stock Down 0.6%

Shares of LDOS stock opened at $184.02 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. The stock has a 50 day moving average of $172.09 and a 200 day moving average of $154.42. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The stock has a market cap of $23.61 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.73 and a beta of 0.71.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.58. Leidos had a net margin of 8.22% and a return on equity of 33.57%. The firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.24 billion. During the same period in the prior year, the firm posted $2.63 earnings per share. The firm’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, sell-side analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given a dividend of $0.40 per share. The ex-dividend date is 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%.

Insider Activity

In other news, Director Gregory R. Dahlberg sold 952 shares of the business’s stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $177.43, for a total transaction of $168,913.36. Following the completion of the sale, the director owned 21,068 shares of the company’s stock, valued at $3,738,095.24. The trade was a 4.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Stephen Edward Hull sold 12,497 shares of the business’s stock in a transaction that occurred on 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 owned 25,817 shares of the company’s stock, valued at approximately $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 have sold a total of 22,975 shares of company stock worth $4,078,740 over the last 90 days. 0.96% of the stock is currently owned by company insiders.

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.