Callan Family Office LLC Has $623,000 Stock Holdings in Leidos Holdings, Inc. $LDOS

Key Points

• Callan Family Office LLC increased its stake in Leidos Holdings, Inc. by 106.1%, holding shares worth $623,000 after acquiring additional shares during the second quarter.
• Leidos announced a quarterly dividend of $0.40 per share, which was paid to investors on September 30th, representing an annualized yield of 0.9%.
• The company reported $3.21 EPS for the last quarter, exceeding estimates, while its revenue was up 2.9% year-over-year, amounting to $4.25 billion.

Callan Family Office LLC lifted its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 106.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,946 shares of the aerospace company's stock after acquiring an additional 2,031 shares during the period. Callan Family Office LLC's holdings in Leidos were worth $623,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. REAP Financial Group LLC increased its position in shares of Leidos by 50.0% during the second quarter. REAP Financial Group LLC now owns 228 shares of the aerospace company's stock worth $36,000 after acquiring an additional 76 shares in the last quarter. Groupe la Francaise increased its position in shares of Leidos by 6.2% during the first quarter. Groupe la Francaise now owns 1,566 shares of the aerospace company's stock worth $212,000 after acquiring an additional 91 shares in the last quarter. Resolute Wealth Strategies LLC increased its position in shares of Leidos by 1.9% during the first quarter. Resolute Wealth Strategies LLC now owns 5,134 shares of the aerospace company's stock worth $693,000 after acquiring an additional 97 shares in the last quarter. EP Wealth Advisors LLC increased its position in shares of Leidos by 0.7% during the first quarter. EP Wealth Advisors LLC now owns 14,078 shares of the aerospace company's stock worth $1,900,000 after acquiring an additional 104 shares in the last quarter. Finally, Exchange Traded Concepts LLC increased its position in shares of Leidos by 9.2% during the first quarter. Exchange Traded Concepts LLC now owns 1,273 shares of the aerospace company's stock worth $172,000 after acquiring an additional 107 shares in the last quarter. Institutional investors own 76.12% of the company's stock.

Leidos Stock Performance

Shares of LDOS stock opened at $186.04 on Tuesday. The firm has a 50-day moving average of $183.47 and a 200-day moving average of $162.55. The company has a market cap of $23.87 billion, a P/E ratio of 17.58, a P/E/G ratio of 1.76 and a beta of 0.71. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.62 and a quick ratio of 1.50. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90.

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

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were given a dividend of $0.40 per share. The ex-dividend date was Monday, September 15th. This represents a $1.60 annualized dividend and a yield of 0.9%. Leidos's dividend payout ratio is presently 15.12%.

Analyst Ratings Changes

Several brokerages have recently issued reports on LDOS. Wall Street Zen downgraded shares of Leidos from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. Truist Financial set a $195.00 price objective on shares of Leidos in a research note on Tuesday, September 30th. Citigroup reaffirmed a "buy" rating and set a $190.00 price target (up from $186.00) on shares of Leidos in a report on Monday, July 14th. Royal Bank Of Canada upgraded shares of Leidos from a "hold" rating to a "moderate buy" rating in a research report on Thursday, September 4th. Finally, Argus boosted their price target on shares of Leidos from $185.00 to $210.00 and gave the stock a "buy" rating in a research report on Wednesday, September 24th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Leidos presently has a consensus rating of "Moderate Buy" and a consensus price target of $188.31.

Insiders Place Their Bets

In other Leidos news, insider Stephen Edward Hull sold 12,497 shares of the stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the completion of the transaction, the insider owned 25,817 shares in the company, valued at $4,599,040.38. This trade represents a 32.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gary Stephen May sold 2,000 shares of the stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $178.05, for a total transaction of $356,100.00. Following the transaction, the director owned 10,137 shares of the company's stock, valued at $1,804,892.85. This represents a 16.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 22,975 shares of company stock worth $4,078,740 over the last quarter. 0.69% of the stock is currently owned by company insiders.

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.

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