Etesian Wealth Advisors Inc. Takes $990,000 Position in Leidos Holdings, Inc. $LDOS

Etesian Wealth Advisors Inc. purchased a new stake in Leidos Holdings, Inc. (NYSE:LDOS) during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 6,365 shares of the aerospace company’s stock, valued at approximately $990,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Wedmont Private Capital raised its position in Leidos by 4.6% during the fourth quarter. Wedmont Private Capital now owns 1,171 shares of the aerospace company’s stock worth $230,000 after acquiring an additional 52 shares during the period. 44 Wealth Management LLC grew its position in shares of Leidos by 1.0% in the third quarter. 44 Wealth Management LLC now owns 5,500 shares of the aerospace company’s stock valued at $1,039,000 after purchasing an additional 57 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in shares of Leidos by 14.2% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 492 shares of the aerospace company’s stock worth $89,000 after purchasing an additional 61 shares in the last quarter. Richardson Financial Services Inc. increased its stake in shares of Leidos by 13.4% during the fourth quarter. Richardson Financial Services Inc. now owns 517 shares of the aerospace company’s stock worth $93,000 after purchasing an additional 61 shares in the last quarter. Finally, Bryn Mawr Trust Advisors LLC raised its position in shares of Leidos by 4.8% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 1,337 shares of the aerospace company’s stock worth $241,000 after purchasing an additional 61 shares during the last quarter. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Insider Activity

In other Leidos news, insider Elizabeth A. Porter sold 2,000 shares of the business’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total value of $317,560.00. Following the transaction, the insider directly owned 49,476 shares in the company, valued at $7,855,799.28. The trade was a 3.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Stephen May sold 1,484 shares of the stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the completion of the sale, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,345,686.75. This trade represents a 12.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.77% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Stifel Nicolaus decreased their price target on shares of Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a research note on Wednesday, May 6th. Truist Financial cut their price objective on Leidos from $220.00 to $195.00 and set a “buy” rating for the company in a research note on Monday, April 20th. Citigroup cut Leidos from a “buy” rating to a “neutral” rating in a report on Wednesday, June 17th. BNP Paribas Exane began coverage on Leidos in a research report on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 target price on the stock. Finally, Wells Fargo & Company set a $125.00 price target on Leidos in a research note on Wednesday, June 17th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $177.92.

Leidos Stock Performance

NYSE LDOS opened at $100.45 on Tuesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40. The stock’s fifty day moving average is $126.66 and its two-hundred day moving average is $159.77. The firm has a market capitalization of $12.64 billion, a P/E ratio of 9.20, a price-to-earnings-growth ratio of 1.50 and a beta of 0.51. Leidos Holdings, Inc. has a fifty-two week low of $99.53 and a fifty-two week high of $205.77.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.88 by $0.25. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The business had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same period last year, the company earned $2.97 EPS. The company’s revenue for the quarter was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, research analysts anticipate that Leidos Holdings, Inc. will post 12.26 earnings per share for the current year.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.7%. The ex-dividend date is Monday, June 15th. Leidos’s dividend payout ratio (DPR) is presently 15.75%.

Leidos Company Profile

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.