Vise Technologies Inc. Purchases New Holdings in Leidos Holdings, Inc. $LDOS

Vise Technologies Inc. bought a new position in Leidos Holdings, Inc. (NYSE:LDOS) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,321 shares of the aerospace company’s stock, valued at approximately $839,000.

Several other large investors have also recently added to or reduced their stakes in LDOS. Kendall Capital Management increased its position in Leidos by 93.7% in the 2nd quarter. Kendall Capital Management now owns 4,270 shares of the aerospace company’s stock worth $674,000 after purchasing an additional 2,065 shares during the last quarter. Kathmere Capital Management LLC lifted its stake in shares of Leidos by 145.6% in the second quarter. Kathmere Capital Management LLC now owns 7,998 shares of the aerospace company’s stock worth $1,262,000 after buying an additional 4,742 shares during the last quarter. McAdam LLC acquired a new position in Leidos during the 2nd quarter worth $286,000. Amundi boosted its stake in Leidos by 19.1% during the 1st quarter. Amundi now owns 88,927 shares of the aerospace company’s stock valued at $12,404,000 after purchasing an additional 14,246 shares during the period. Finally, Geneos Wealth Management Inc. boosted its position in shares of Leidos by 26.2% in the first quarter. Geneos Wealth Management Inc. now owns 10,229 shares of the aerospace company’s stock valued at $1,380,000 after acquiring an additional 2,126 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Insider Buying and Selling at Leidos

In other news, insider Stephen Edward Hull sold 12,497 shares of the company’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 transaction of $2,226,215.58. Following the sale, the insider owned 25,817 shares in the company, valued at $4,599,040.38. This represents a 32.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 0.96% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on LDOS. Argus increased their target price on shares of Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Cantor Fitzgerald increased their target price on shares of Leidos from $185.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $230.00 price target on shares of Leidos in a report on Wednesday, November 5th. 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 note on Wednesday, August 6th. Finally, UBS Group upped their price target on Leidos from $209.00 to $216.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Ten investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $199.23.

Leidos Price Performance

NYSE LDOS opened at $191.29 on Friday. The stock has a market cap of $24.46 billion, a price-to-earnings ratio of 17.84, a PEG ratio of 1.42 and a beta of 0.69. Leidos Holdings, Inc. has a 52-week low of $123.62 and a 52-week high of $205.77. The business has a 50 day simple moving average of $189.17 and a 200 day simple moving average of $170.72. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.61 by $0.44. The firm had revenue of $4.47 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a return on equity of 33.02% and a net margin of 8.11%. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. Analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, December 15th. This is an increase from Leidos’s previous quarterly dividend of $0.40. Leidos’s dividend payout ratio (DPR) is presently 14.93%.

Leidos Company 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.