Vest Financial LLC Has $669,000 Stake in Leidos Holdings, Inc. $LDOS

Vest Financial LLC lowered its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 64.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,706 shares of the aerospace company’s stock after selling 6,778 shares during the period. Vest Financial LLC’s holdings in Leidos were worth $669,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in LDOS. JFS Wealth Advisors LLC boosted its stake in Leidos by 77.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 66 shares during the last quarter. Mather Group LLC. acquired a new position in Leidos during the 3rd quarter valued at about $28,000. Rakuten Securities Inc. boosted its stake in Leidos by 110.5% during the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 84 shares during the last quarter. Cape Investment Advisory Inc. acquired a new position in Leidos during the 3rd quarter valued at about $31,000. Finally, Wexford Capital LP acquired a new position in Leidos during the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Trading Up 2.2%

Shares of LDOS stock opened at $149.10 on Friday. The company’s fifty day simple moving average is $162.47 and its two-hundred day simple moving average is $179.38. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.70 and a quick ratio of 1.58. Leidos Holdings, Inc. has a 1 year low of $139.69 and a 1 year high of $205.77. The stock has a market capitalization of $18.80 billion, a price-to-earnings ratio of 13.40, a PEG ratio of 1.85 and a beta of 0.65.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share for the quarter, topping the consensus estimate of $2.57 by $0.19. The firm had revenue of $4.88 billion for the quarter, compared to analysts’ expectations of $4.31 billion. Leidos had a net margin of 8.43% and a return on equity of 32.95%. The business’s quarterly revenue was down 3.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.37 earnings per share. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. As a group, analysts anticipate that Leidos Holdings, Inc. will post 12.26 earnings per share for the current year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a $0.43 dividend. This represents a $1.72 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend was Monday, March 16th. Leidos’s dividend payout ratio is currently 15.45%.

Insider Buying and Selling

In other Leidos news, insider Elizabeth A. Porter sold 2,000 shares of the company’s stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total transaction of $317,560.00. Following the completion of the sale, the insider directly owned 49,476 shares in the company, valued at $7,855,799.28. This represents a 3.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.77% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on LDOS shares. Jefferies Financial Group set a $185.00 target price on Leidos in a research note on Wednesday, April 8th. UBS Group set a $204.00 target price on Leidos in a research note on Thursday, January 15th. Bank of America cut their target price on Leidos from $235.00 to $200.00 and set a “buy” rating on the stock in a research note on Tuesday, April 21st. Royal Bank Of Canada cut their target price on Leidos from $230.00 to $215.00 and set an “outperform” rating on the stock in a research note on Wednesday, February 18th. Finally, Truist Financial cut their target price on Leidos from $220.00 to $195.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, Leidos has a consensus rating of “Moderate Buy” and a consensus target price of $202.82.

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.