Pure Financial Advisors LLC Raises Stock Position in Leidos Holdings, Inc. $LDOS

Pure Financial Advisors LLC lifted its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 0.5% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,669 shares of the aerospace company’s stock after buying an additional 120 shares during the quarter. Pure Financial Advisors LLC’s holdings in Leidos were worth $3,892,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pacer Advisors Inc. grew its position in Leidos by 3,450.0% during the 1st quarter. Pacer Advisors Inc. now owns 704,106 shares of the aerospace company’s stock valued at $95,012,000 after purchasing an additional 684,272 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Leidos by 29.8% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,336,222 shares of the aerospace company’s stock valued at $315,250,000 after acquiring an additional 536,452 shares during the period. Victory Capital Management Inc. lifted its stake in Leidos by 130.3% during the 1st quarter. Victory Capital Management Inc. now owns 711,437 shares of the aerospace company’s stock valued at $96,001,000 after acquiring an additional 402,454 shares during the period. Nuveen LLC bought a new position in shares of Leidos in the 1st quarter worth approximately $45,665,000. Finally, Allianz Asset Management GmbH lifted its stake in shares of Leidos by 262.9% in the 1st quarter. Allianz Asset Management GmbH now owns 459,501 shares of the aerospace company’s stock worth $62,005,000 after purchasing an additional 332,882 shares during the period. 76.12% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have commented on LDOS. Royal Bank Of Canada upgraded shares of Leidos from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 4th. Jefferies Financial Group raised shares of Leidos from a “hold” rating to a “buy” rating and increased their price objective for the company from $185.00 to $205.00 in a report on Wednesday, August 6th. Truist Financial set a $195.00 target price on shares of Leidos in a report on Tuesday. Stifel Nicolaus set a $178.00 price objective on shares of Leidos and gave the company a “buy” rating in a research report on Tuesday, June 24th. Finally, Wall Street Zen lowered shares of Leidos from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 9th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $188.31.

Leidos Stock Performance

LDOS stock opened at $191.53 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.62 and a quick ratio of 1.50. The business has a 50-day moving average price of $178.27 and a 200 day moving average price of $159.01. The company has a market capitalization of $24.57 billion, a P/E ratio of 18.10, a PEG ratio of 1.77 and a beta of 0.71. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90.

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

Leidos Dividend Announcement

The company also recently disclosed 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 dividend yield of 0.8%. The ex-dividend date was Monday, September 15th. Leidos’s payout ratio is presently 15.12%.

Insiders Place Their Bets

In other Leidos news, Director Gary Stephen May sold 2,000 shares of the business’s stock in a transaction dated 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 transaction, the director directly owned 10,137 shares in the company, valued at approximately $1,804,892.85. The trade was a 16.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Gregory R. Dahlberg sold 952 shares of the business’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $168,913.36. Following the completion of the transaction, the director owned 21,068 shares of the company’s stock, valued at $3,738,095.24. This represents a 4.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,975 shares of company stock worth $4,078,740. 0.96% of the stock is owned by corporate 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.