Jones Financial Companies Lllp Has $4.09 Million Stock Holdings in Leidos Holdings, Inc. $LDOS

Jones Financial Companies Lllp trimmed its position in Leidos Holdings, Inc. (NYSE:LDOS) by 16.5% during the second quarter, according to its most recent 13F filing with the SEC. The fund owned 40,160 shares of the aerospace company’s stock after selling 7,918 shares during the period. Jones Financial Companies Lllp’s holdings in Leidos were worth $4,087,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Hantz Financial Services Inc. raised its position in shares of Leidos by 94.7% during the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 72 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in Leidos in the fourth quarter valued at about $28,000. Longview Financial Advisors Inc. acquired a new stake in Leidos in the first quarter worth about $26,000. Wexford Capital LP acquired a new stake in Leidos in the third quarter worth about $32,000. Finally, DV Equities LLC bought a new stake in Leidos during the 4th quarter worth about $33,000. 76.12% of the stock is owned by institutional investors and hedge funds.

Leidos Price Performance

Shares of LDOS opened at $138.44 on Tuesday. The company has a current ratio of 1.63, a quick ratio of 1.60 and a debt-to-equity ratio of 1.13. Leidos Holdings, Inc. has a 1 year low of $98.86 and a 1 year high of $205.77. The stock has a market cap of $17.37 billion, a P/E ratio of 12.91, a price-to-earnings-growth ratio of 2.06 and a beta of 0.52. The stock’s 50-day moving average price is $117.58 and its two-hundred day moving average price is $140.50.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $2.91 by $0.35. The company had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Leidos had a return on equity of 30.81% and a net margin of 7.80%.Leidos’s revenue was up 7.2% on a year-over-year basis. During the same period in the prior year, the business posted $3.21 EPS. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. On average, equities analysts predict that Leidos Holdings, Inc. will post 12.38 earnings per share for the current year.

Leidos announced that its board has approved a share buyback plan on Friday, July 31st that permits the company to repurchase 20,000,000 shares. This repurchase authorization permits the aerospace company to buy shares of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s leadership believes its shares are undervalued.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.2%. Leidos’s payout ratio is currently 16.04%.

Insider Buying and Selling

In other Leidos news, Director Noel B. Geer sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $140.66, for a total value of $1,406,600.00. Following the completion of the sale, the director owned 34,274 shares of the company’s stock, valued at approximately $4,820,980.84. This represents a 22.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.77% of the company’s stock.

Wall Street Analyst Weigh In

LDOS has been the topic of a number of research reports. Wells Fargo & Company set a $165.00 target price on shares of Leidos in a research report on Monday, August 17th. Royal Bank Of Canada lowered their price target on shares of Leidos from $180.00 to $170.00 and set an “outperform” rating for the company in a research report on Wednesday, August 5th. Truist Financial dropped their price target on shares of Leidos from $195.00 to $160.00 and set a “buy” rating for the company in a research note on Friday, July 10th. Stifel Nicolaus cut their price objective on shares of Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Finally, Wall Street Zen raised shares of Leidos from a “hold” rating to a “buy” rating in a research note on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $162.93.

About Leidos

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.