Czech National Bank Grows Stake in Leidos Holdings, Inc. $LDOS

Key Points

• The Czech National Bank increased its stake in Leidos Holdings, Inc. by 4.4% during the second quarter, acquiring an additional 1,336 shares for a total worth of approximately $4,964,000.
• Leidos reported strong earnings for the last quarter, with $3.21 earnings per share, exceeding analysts' estimates by $0.58 and recording a revenue of $4.25 billion.
• Leidos has announced a quarterly dividend of $0.40 per share, representing an annualized yield of 0.9%, with the ex-dividend date set for September 15th.

Czech National Bank raised its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 4.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,463 shares of the aerospace company's stock after purchasing an additional 1,336 shares during the quarter. Czech National Bank's holdings in Leidos were worth $4,964,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Parallel Advisors LLC increased its position in shares of Leidos by 14.9% during the 2nd quarter. Parallel Advisors LLC now owns 1,112 shares of the aerospace company's stock worth $175,000 after purchasing an additional 144 shares during the last quarter. Somerset Trust Co boosted its stake in Leidos by 6.7% during the second quarter. Somerset Trust Co now owns 3,810 shares of the aerospace company's stock worth $601,000 after buying an additional 238 shares during the period. Insight Wealth Strategies LLC increased its position in shares of Leidos by 1,290.5% during the second quarter. Insight Wealth Strategies LLC now owns 28,992 shares of the aerospace company's stock valued at $4,666,000 after acquiring an additional 26,907 shares during the last quarter. Kera Capital Partners Inc. purchased a new stake in shares of Leidos in the 2nd quarter valued at approximately $220,000. Finally, Private Client Services LLC raised its stake in shares of Leidos by 7.0% in the 2nd quarter. Private Client Services LLC now owns 2,877 shares of the aerospace company's stock valued at $454,000 after acquiring an additional 189 shares during the period. Institutional investors and hedge funds own 76.12% of the company's stock.

Wall Street Analyst Weigh In

LDOS has been the subject of a number of research analyst reports. UBS Group increased their price objective on shares of Leidos from $168.00 to $184.00 and gave the stock a "neutral" rating in a research report on Thursday, August 7th. Jefferies Financial Group upgraded Leidos from a "hold" rating to a "buy" rating and upped their price target for the stock from $185.00 to $205.00 in a research note on Wednesday, August 6th. Baird R W lowered Leidos from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th. Wall Street Zen downgraded Leidos from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. Finally, Robert W. Baird lowered Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 target price on the stock. in a research note on Tuesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $183.31.

Leidos Stock Up 0.2%

Shares of Leidos stock traded up $0.35 during trading hours on Monday, reaching $187.80. 753,552 shares of the company were exchanged, compared to its average volume of 779,059. The firm has a market cap of $24.09 billion, a PE ratio of 17.75, a PEG ratio of 1.76 and a beta of 0.71. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.50 and a current ratio of 1.62. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90. The stock's fifty day moving average is $174.77 and its 200 day moving average is $156.79.

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

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Monday, September 15th. Leidos's dividend payout ratio is presently 15.12%.

Insider Activity at Leidos

In related news, Director Gregory R. Dahlberg sold 952 shares of Leidos stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $177.43, for a total value of $168,913.36. Following the completion of the transaction, the director owned 21,068 shares in the company, valued at $3,738,095.24. The trade was a 4.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Stephen Edward Hull sold 12,497 shares of the business's stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the transaction, the insider owned 25,817 shares of the company's stock, valued at $4,599,040.38. This trade represents a 32.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 22,975 shares of company stock valued at $4,078,740 over the last 90 days. 0.69% of the stock is owned by corporate 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.