Blair William & Co. IL Sells 3,112 Shares of Leidos Holdings, Inc. $LDOS

Blair William & Co. IL trimmed its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 11.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,941 shares of the aerospace company's stock after selling 3,112 shares during the period. Blair William & Co. IL's holdings in Leidos were worth $3,619,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of LDOS. MCF Advisors LLC bought a new stake in Leidos during the first quarter valued at about $27,000. First Pacific Financial bought a new stake in shares of Leidos in the second quarter valued at about $27,000. Raleigh Capital Management Inc. bought a new stake in shares of Leidos in the second quarter valued at about $29,000. Optimum Investment Advisors lifted its stake in shares of Leidos by 260.0% in the first quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company's stock valued at $32,000 after buying an additional 169 shares during the period. Finally, Zions Bancorporation National Association UT bought a new stake in shares of Leidos in the first quarter valued at about $33,000. 76.12% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on LDOS. Stifel Nicolaus set a $178.00 target price on shares of Leidos and gave the company a "buy" rating in a research note on Tuesday, June 24th. Truist Financial set a $195.00 target price on shares of Leidos in a research note on Tuesday, September 30th. Wall Street Zen cut shares of Leidos from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. 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. Finally, Weiss Ratings reissued a "buy (b-)" rating on shares of Leidos in a research report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $188.31.

Leidos Stock Performance

NYSE:LDOS opened at $186.04 on Tuesday. Leidos Holdings, Inc. has a 12-month low of $123.62 and a 12-month high of $202.90. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $23.87 billion, a PE ratio of 17.58, a price-to-earnings-growth ratio of 1.76 and a beta of 0.71. The firm has a 50-day moving average price of $183.47 and a 200 day moving average price of $162.55.

Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.63 by $0.58. The firm had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.24 billion. Leidos had a net margin of 8.22% and a return on equity of 33.57%. The company's quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $2.63 earnings per share. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, September 15th. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. Leidos's dividend payout ratio (DPR) is presently 15.12%.

Insider Transactions at Leidos

In other news, Director Gary Stephen May sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $178.05, for a total transaction of $356,100.00. Following the completion of the sale, the director owned 10,137 shares of the company's stock, valued at approximately $1,804,892.85. This trade represents a 16.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Gregory R. Dahlberg sold 952 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $168,913.36. Following the sale, the director directly owned 21,068 shares of the company's stock, valued at approximately $3,738,095.24. The trade was a 4.32% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 22,975 shares of company stock valued at $4,078,740. Corporate insiders own 0.69% of the company's stock.

Leidos 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.

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