Generali Asset Management SPA SGR Has $2.01 Million Stake in Leidos Holdings, Inc. $LDOS

Generali Asset Management SPA SGR decreased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 33.0% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 12,737 shares of the aerospace company's stock after selling 6,265 shares during the period. Generali Asset Management SPA SGR's holdings in Leidos were worth $2,009,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in LDOS. MCF Advisors LLC bought a new stake in Leidos during the 1st quarter valued at approximately $27,000. First Pacific Financial bought a new stake in Leidos during the 2nd quarter valued at approximately $27,000. Raleigh Capital Management Inc. bought a new stake in Leidos during the 2nd quarter valued at approximately $29,000. Optimum Investment Advisors boosted its stake in Leidos by 260.0% during the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company's stock valued at $32,000 after purchasing an additional 169 shares during the period. Finally, Zions Bancorporation National Association UT bought a new stake in Leidos during the 1st quarter valued at approximately $33,000. Institutional investors own 76.12% of the company's stock.

Leidos Price Performance

Leidos stock opened at $184.27 on Friday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.62 and a quick ratio of 1.50. The company has a market capitalization of $23.64 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 1.75 and a beta of 0.71. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90. The business has a 50 day simple moving average of $184.19 and a 200 day simple moving average of $163.22.

Leidos (NYSE:LDOS - Get Free Report) last posted 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. The business had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.24 billion. Leidos had a return on equity of 33.57% and a net margin of 8.22%.Leidos's revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the company earned $2.63 EPS. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. On average, sell-side analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

The business also recently announced 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. This represents a $1.60 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Monday, September 15th. Leidos's dividend payout ratio (DPR) is 15.12%.

Insider Buying and Selling

In related news, Director Gary Stephen May sold 2,000 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $178.05, for a total transaction of $356,100.00. Following the completion of the transaction, the director owned 10,137 shares in the company, valued at $1,804,892.85. This trade represents a 16.48% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Stephen Edward Hull sold 12,497 shares of the firm'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 value 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 sold 22,975 shares of company stock worth $4,078,740 in the last 90 days. 0.96% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

LDOS has been the subject of several recent analyst reports. Weiss Ratings restated a "buy (b-)" rating on shares of Leidos in a research note on Wednesday, October 8th. Argus lifted their price objective on Leidos from $185.00 to $210.00 and gave the stock a "buy" rating in a report on Wednesday, September 24th. Truist Financial set a $195.00 price objective on Leidos in a report on Tuesday, September 30th. Citigroup reissued a "buy" rating and set a $190.00 price objective (up previously from $186.00) on shares of Leidos in a report on Monday, July 14th. Finally, UBS Group lifted their price objective on Leidos from $168.00 to $184.00 and gave the stock a "neutral" rating in a report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $188.31.

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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