Spire Wealth Management Has $1.14 Million Stake in Leidos Holdings, Inc. $LDOS

Spire Wealth Management grew its position in Leidos Holdings, Inc. (NYSE:LDOS) by 1,030.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 6,309 shares of the aerospace company’s stock after buying an additional 5,751 shares during the quarter. Spire Wealth Management’s holdings in Leidos were worth $1,138,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. JFS Wealth Advisors LLC raised its position in Leidos by 77.6% in 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. bought a new stake in shares of Leidos during the third quarter worth $28,000. Cape Investment Advisory Inc. acquired a new stake in shares of Leidos in the third quarter valued at $31,000. Wexford Capital LP acquired a new stake in shares of Leidos in the third quarter valued at $32,000. Finally, First Horizon Corp bought a new position in shares of Leidos in the third quarter valued at about $39,000. 76.12% of the stock is currently owned by institutional investors.

Insider Transactions at Leidos

In other Leidos news, insider Elizabeth A. Porter sold 3,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total value of $576,630.00. Following the transaction, the insider directly owned 38,575 shares of the company’s stock, valued at approximately $7,414,500.75. This trade represents a 7.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.77% of the company’s stock.

Leidos Price Performance

Shares of LDOS stock opened at $155.50 on Wednesday. The firm has a market cap of $19.61 billion, a price-to-earnings ratio of 13.97, a PEG ratio of 1.09 and a beta of 0.63. Leidos Holdings, Inc. has a 12 month low of $128.32 and a 12 month high of $205.77. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. The stock has a 50-day moving average price of $175.94 and a 200 day moving average price of $184.73.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.57 by $0.19. The company had revenue of $4.88 billion for the quarter, compared to the consensus estimate of $4.31 billion. Leidos had a net margin of 8.43% and a return on equity of 32.95%. The company’s revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the company posted $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. Research analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were issued a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.1%. The ex-dividend date was Monday, March 16th. Leidos’s dividend payout ratio is currently 15.45%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Leidos in a report on Monday, December 29th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $215.00 target price on shares of Leidos in a research note on Monday, February 23rd. Wall Street Zen lowered shares of Leidos from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 21st. UBS Group set a $204.00 price target on shares of Leidos in a research note on Thursday, January 15th. Finally, Citigroup raised their price target on shares of Leidos from $218.00 to $232.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Nine analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $214.18.

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.