Foster & Motley Inc. raised its stake in Leidos Holdings, Inc. (NYSE:LDOS – Free Report) by 27.1% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 36,122 shares of the aerospace company’s stock after purchasing an additional 7,713 shares during the period. Foster & Motley Inc.’s holdings in Leidos were worth $5,618,000 as of its most recent SEC filing.
A number of other institutional investors have also modified their holdings of LDOS. Louisiana State Employees Retirement System bought a new position in shares of Leidos during the first quarter worth about $1,011,000. Longview Financial Advisors Inc. bought a new stake in Leidos in the first quarter valued at about $26,000. Global Financial Private Client LLC raised its stake in Leidos by 16.5% during the first quarter. Global Financial Private Client LLC now owns 8,504 shares of the aerospace company’s stock valued at $1,323,000 after buying an additional 1,207 shares in the last quarter. MBM Wealth Consultants LLC acquired a new stake in Leidos during the first quarter valued at approximately $53,000. Finally, BTC Capital Management Inc. lifted its holdings in Leidos by 5.3% during the 1st quarter. BTC Capital Management Inc. now owns 34,386 shares of the aerospace company’s stock worth $5,346,000 after buying an additional 1,717 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.
Wall Street Analysts Forecast Growth
LDOS has been the subject of several research reports. BNP Paribas Exane initiated coverage on Leidos in a research report on Wednesday, May 27th. They issued an “outperform” rating and a $165.00 target price for the company. Wall Street Zen lowered Leidos from a “buy” rating to a “hold” rating in a research report on Monday. Truist Financial reduced their price objective on Leidos from $220.00 to $195.00 and set a “buy” rating on the stock in a research note on Monday, April 20th. Argus raised shares of Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. Finally, Weiss Ratings lowered shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research note on Monday, June 8th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $177.92.
Leidos Stock Performance
Shares of LDOS stock opened at $99.77 on Friday. The company has a market cap of $12.55 billion, a P/E ratio of 9.14, a PEG ratio of 1.53 and a beta of 0.50. The business has a 50 day moving average of $128.92 and a two-hundred day moving average of $160.95. Leidos Holdings, Inc. has a 52 week low of $99.65 and a 52 week high of $205.77. The company has a quick ratio of 1.29, a current ratio of 1.40 and a debt-to-equity ratio of 1.19.
Leidos (NYSE:LDOS – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share for the quarter, topping analysts’ consensus estimates of $2.88 by $0.25. The business had revenue of $4.40 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The business’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period in the prior year, the firm earned $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, analysts anticipate that Leidos Holdings, Inc. will post 12.25 EPS for the current year.
Leidos Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.43 dividend. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.72 annualized dividend and a yield of 1.7%. Leidos’s dividend payout ratio (DPR) is currently 15.75%.
Insiders Place Their Bets
In related news, Director Gary Stephen May sold 1,484 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $132.75, for a total value of $197,001.00. Following the sale, the director owned 10,137 shares of the company’s stock, valued at $1,345,686.75. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Elizabeth A. Porter sold 2,000 shares of Leidos 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 owned 49,476 shares in the company, valued at approximately $7,855,799.28. This represents a 3.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.77% of the company’s stock.
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.
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