1,603 Shares in Leidos Holdings, Inc. $LDOS Bought by Eisler Capital Management Ltd.

Key Points

• Eisler Capital Management Ltd. has acquired 1,603 shares of Leidos Holdings, Inc., valued at approximately $216,000, as part of its first-quarter investment strategy.
• Leidos reported earnings per share of $3.21 for the quarter, exceeding the consensus estimate of $2.63, and demonstrated a 2.9% year-over-year revenue increase.
• The company announced a quarterly dividend of $0.40 per share, providing an annualized yield of 0.9%.

Eisler Capital Management Ltd. bought a new position in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 1,603 shares of the aerospace company's stock, valued at approximately $216,000.

A number of other hedge funds have also bought and sold shares of LDOS. Pacer Advisors Inc. increased its position in shares of Leidos by 3,450.0% during the 1st quarter. Pacer Advisors Inc. now owns 704,106 shares of the aerospace company's stock valued at $95,012,000 after purchasing an additional 684,272 shares during the last quarter. Massachusetts Financial Services Co. MA increased its position in shares of Leidos by 29.8% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,336,222 shares of the aerospace company's stock valued at $315,250,000 after purchasing an additional 536,452 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Leidos by 130.3% during the 1st quarter. Victory Capital Management Inc. now owns 711,437 shares of the aerospace company's stock valued at $96,001,000 after purchasing an additional 402,454 shares during the last quarter. Nuveen LLC purchased a new stake in shares of Leidos during the 1st quarter valued at about $45,665,000. Finally, Allianz Asset Management GmbH increased its position in shares of Leidos by 262.9% during the 1st quarter. Allianz Asset Management GmbH now owns 459,501 shares of the aerospace company's stock valued at $62,005,000 after purchasing an additional 332,882 shares during the last quarter. Hedge funds and other institutional investors own 76.12% of the company's stock.

Leidos Price Performance

LDOS stock traded down $0.48 during midday trading on Friday, hitting $180.88. The company's stock had a trading volume of 671,024 shares, compared to its average volume of 889,780. 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 $23.21 billion, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 2.07 and a beta of 0.71. The company has a 50 day moving average of $167.62 and a two-hundred day moving average of $151.08.

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 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 business had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same period in the prior year, the company posted $2.63 EPS. The firm's revenue for the quarter was up 2.9% compared to the same quarter last year. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. On average, analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th will be given 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 currently 15.12%.

Analysts Set New Price Targets

Several research firms have recently commented on LDOS. Stifel Nicolaus set a $178.00 price target on shares of Leidos and gave the company a "buy" rating in a research report on Tuesday, June 24th. Wall Street Zen downgraded Leidos from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Robert W. Baird downgraded Leidos from an "outperform" rating to a "neutral" rating and set a $163.00 price objective for the company. in a research note on Tuesday, May 27th. Wells Fargo & Company boosted their price objective on Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Finally, Citigroup reiterated a "buy" rating and set a $190.00 price objective (up from $186.00) on shares of Leidos in a research note on Monday, July 14th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $179.46.

Insider Activity

In other news, insider Stephen Edward Hull sold 7,526 shares of the stock in a transaction that occurred on Friday, August 8th. The stock was sold at an average price of $176.39, for a total transaction of $1,327,511.14. Following the completion of the transaction, the insider directly owned 26,481 shares in the company, valued at approximately $4,670,983.59. This represents a 22.13% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Gary Stephen May sold 2,000 shares of the stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $178.05, for a total value 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 ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 10,478 shares of company stock worth $1,852,525. 0.69% of the stock is currently owned by 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.