Leidos Holdings, Inc. $LDOS Shares Acquired by Amundi

Key Points

• Amundi increased its stake in Leidos Holdings, Inc. by 19.1% in the first quarter, acquiring a total of 88,927 shares worth approximately $12.4 million.
• Leidos reported $3.21 earnings per share (EPS) for the recent quarter, exceeding analysts' expectations of $2.63, with revenues reaching $4.25 billion.
• The company has declared a quarterly dividend of $0.40 per share, translating to an annualized dividend yield of 0.9%, with the dividend payout ratio currently at 15.12%.

Amundi increased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 19.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 88,927 shares of the aerospace company's stock after purchasing an additional 14,246 shares during the quarter. Amundi owned 0.07% of Leidos worth $12,404,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of LDOS. REAP Financial Group LLC boosted its stake in shares of 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 buying an additional 152 shares during the period. MCF Advisors LLC purchased a new position in Leidos in the first quarter worth approximately $27,000. Optimum Investment Advisors lifted its stake in Leidos by 260.0% in the first quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company's stock worth $32,000 after acquiring an additional 169 shares during the last quarter. Zions Bancorporation National Association UT acquired a new position in Leidos during the 1st quarter worth approximately $33,000. Finally, N.E.W. Advisory Services LLC purchased a new stake in shares of Leidos in the 1st quarter valued at approximately $54,000. Institutional investors and hedge funds own 76.12% of the company's stock.

Leidos Price Performance

Shares of NYSE LDOS opened at $178.83 on Wednesday. The stock has a market cap of $22.94 billion, a P/E ratio of 16.90, a P/E/G ratio of 1.67 and a beta of 0.71. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The stock has a 50 day moving average of $170.93 and a two-hundred day moving average of $153.30. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 1.06.

Leidos (NYSE:LDOS - Get Free Report) last announced its earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $4.24 billion. During the same period last year, the firm posted $2.63 earnings per share. The company'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, research analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

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 issued a dividend of $0.40 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. Leidos's dividend payout ratio (DPR) is currently 15.12%.

Insider Buying and Selling

In other Leidos news, insider Stephen Edward Hull sold 12,497 shares of the 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 completion of the sale, the insider directly owned 25,817 shares of the company's stock, valued at approximately $4,599,040.38. This trade represents a 32.62% 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 business's 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 completion of the transaction, the director directly owned 10,137 shares in the company, valued at approximately $1,804,892.85. The trade was a 16.48% 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 quarter. 0.69% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have recently issued reports on LDOS. Jefferies Financial Group raised shares of Leidos from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $185.00 to $205.00 in a research report on Wednesday, August 6th. Royal Bank Of Canada upgraded Leidos from a "hold" rating to a "moderate buy" rating in a research note on Thursday, September 4th. Baird R W cut Leidos from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th. UBS Group increased their price objective on Leidos from $168.00 to $184.00 and gave the company a "neutral" rating in a report on Thursday, August 7th. Finally, Stifel Nicolaus set a $178.00 target price on Leidos and gave the stock a "buy" rating in a research report on Tuesday, June 24th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Leidos has a consensus rating of "Moderate Buy" and a consensus target price of $183.31.

Leidos 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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