KMG Fiduciary Partners LLC Takes Position in Leidos Holdings, Inc. $LDOS

Key Points

• KMG Fiduciary Partners LLC invested approximately $211,000 in Leidos Holdings, purchasing 1,336 shares during the 2nd quarter.
• Leidos Holdings has received positive attention from analysts, with several upgrades and a consensus target price now at $183.31.
• The company announced a quarterly dividend of $0.40 per share, reflecting an annualized dividend yield of 0.9% and a payout ratio of 15.12%.

KMG Fiduciary Partners LLC acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,336 shares of the aerospace company's stock, valued at approximately $211,000.

A number of other large investors also recently modified their holdings of LDOS. REAP Financial Group LLC lifted its stake in Leidos by 422.2% in the 4th quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company's stock valued at $27,000 after purchasing an additional 152 shares during the last quarter. MCF Advisors LLC bought a new position in Leidos in the 1st quarter valued at about $27,000. Optimum Investment Advisors raised its holdings in Leidos by 260.0% in the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company's stock valued at $32,000 after acquiring an additional 169 shares during the period. Zions Bancorporation National Association UT bought a new position in Leidos in the 1st quarter valued at about $33,000. Finally, N.E.W. Advisory Services LLC bought a new position in Leidos in the 1st quarter valued at about $54,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Gregory R. Dahlberg sold 952 shares of the company's stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $177.43, for a total transaction of $168,913.36. Following the transaction, the director owned 21,068 shares in the company, valued at approximately $3,738,095.24. This represents a 4.32% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Stephen Edward Hull sold 12,497 shares of the company'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 sold 22,975 shares of company stock valued at $4,078,740 over the last quarter. Insiders own 0.69% of the company's stock.

Analysts Set New Price Targets

LDOS has been the topic of several research analyst reports. UBS Group increased their price target on shares of Leidos from $168.00 to $184.00 and gave the company a "neutral" rating in a report on Thursday, August 7th. Wall Street Zen cut shares of Leidos from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. Jefferies Financial Group raised shares of Leidos from a "hold" rating to a "buy" rating and raised their target price for the stock from $185.00 to $205.00 in a report on Wednesday, August 6th. Stifel Nicolaus set a $178.00 target price on shares of Leidos and gave the stock a "buy" rating in a report on Tuesday, June 24th. Finally, Royal Bank Of Canada raised shares of Leidos from a "hold" rating to a "moderate buy" rating in a report on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Leidos has an average rating of "Moderate Buy" and a consensus price target of $183.31.

Leidos Trading Down 1.4%

Shares of NYSE:LDOS traded down $2.59 during mid-day trading on Monday, reaching $184.86. 180,325 shares of the company's stock were exchanged, compared to its average volume of 1,294,685. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The business's fifty day moving average price is $174.29 and its 200-day moving average price is $156.45. The firm has a market capitalization of $23.72 billion, a price-to-earnings ratio of 17.48, 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 (NYSE:LDOS - Get Free Report) last announced its earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share for the quarter, topping analysts' consensus estimates of $2.63 by $0.58. Leidos had a net margin of 8.22% and a return on equity of 33.57%. The business had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter last year, the firm 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, research analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal 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 yield of 0.9%. The ex-dividend date of this dividend is Monday, September 15th. Leidos's dividend payout ratio (DPR) is currently 15.12%.

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.