Kathmere Capital Management LLC Raises Position in Leidos Holdings, Inc. $LDOS

Key Points

• Kathmere Capital Management LLC significantly increased its holdings in Leidos Holdings, Inc. by 145.6% during Q2, owning 7,998 shares valued at $1,262,000.
• Leidos reported a quarterly earnings per share of $3.21, surpassing expectations, and set FY 2025 guidance at 11.150-11.450 EPS.
• A recent quarterly dividend of $0.40 per share has been declared, with an ex-dividend date of September 15th, reflecting a 0.9% yield.

Kathmere Capital Management LLC increased its holdings in Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 145.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,998 shares of the aerospace company's stock after purchasing an additional 4,742 shares during the quarter. Kathmere Capital Management LLC's holdings in Leidos were worth $1,262,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in LDOS. Two Sigma Advisers LP raised its position in Leidos by 796.2% in the 4th quarter. Two Sigma Advisers LP now owns 11,650 shares of the aerospace company's stock worth $1,678,000 after purchasing an additional 10,350 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Leidos in the 4th quarter worth $11,135,000. Wellington Management Group LLP raised its position in Leidos by 356.1% in the 4th quarter. Wellington Management Group LLP now owns 44,432 shares of the aerospace company's stock worth $6,401,000 after purchasing an additional 34,690 shares during the period. Versant Capital Management Inc raised its position in Leidos by 159.0% in the 1st quarter. Versant Capital Management Inc now owns 1,220 shares of the aerospace company's stock worth $165,000 after purchasing an additional 749 shares during the period. Finally, Town & Country Bank & Trust CO dba First Bankers Trust CO raised its position in Leidos by 10.2% in the 1st quarter. Town & Country Bank & Trust CO dba First Bankers Trust CO now owns 2,168 shares of the aerospace company's stock worth $293,000 after purchasing an additional 200 shares during the period. Hedge funds and other institutional investors own 76.12% of the company's stock.

Insider Activity at Leidos

In related news, Director Gary Stephen May sold 2,000 shares of the business's stock in a transaction dated Monday, August 11th. The shares were 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 in the company, valued at $1,804,892.85. The trade was a 16.48% decrease in their ownership of the stock. The sale was disclosed in a 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 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 transaction, the insider owned 25,817 shares in the company, valued at $4,599,040.38. This represents a 32.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,975 shares of company stock worth $4,078,740 over the last 90 days. 0.96% of the stock is owned by company insiders.

Leidos Price Performance

Shares of NYSE LDOS opened at $184.95 on Friday. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90. 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's 50-day moving average is $176.66 and its 200 day moving average is $157.87. The stock has a market capitalization of $23.73 billion, a P/E ratio of 17.48, a P/E/G ratio of 1.71 and a beta of 0.71.

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

Leidos Announces Dividend

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

Analyst Ratings Changes

A number of equities analysts recently commented on LDOS shares. Jefferies Financial Group upgraded shares of Leidos from a "hold" rating to a "buy" rating and lifted their target price for the stock from $185.00 to $205.00 in a research report on Wednesday, August 6th. Argus boosted their price objective on shares of Leidos from $185.00 to $210.00 and gave the company a "buy" rating in a research report on Wednesday. Wall Street Zen cut shares of Leidos from a "strong-buy" rating to a "buy" rating in a research report on Saturday, August 9th. Stifel Nicolaus set a $178.00 price objective on shares of Leidos and gave the company a "buy" rating in a research report on Tuesday, June 24th. Finally, 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. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $185.21.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.