Leidos Holdings, Inc. $LDOS Shares Bought by Talon Private Wealth LLC

Key Points

• Talon Private Wealth LLC significantly increased its stake in Leidos Holdings, Inc. by 5,056.9% during the first quarter, acquiring a total of 18,204 shares valued at $2,456,000.
• Leidos Holdings reported an EPS of $3.21 for the last quarter, surpassing analysts' expectations and marking a year-over-year revenue growth of 2.9%.
• The company will distribute a quarterly dividend of $0.40 on September 30th, equating to an annual yield of 0.9%.

Talon Private Wealth LLC increased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 5,056.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 18,204 shares of the aerospace company's stock after buying an additional 17,851 shares during the quarter. Talon Private Wealth LLC's holdings in Leidos were worth $2,456,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of LDOS. REAP Financial Group LLC lifted its position in shares of Leidos by 422.2% in the fourth 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 last quarter. MCF Advisors LLC acquired a new position in Leidos in the 1st quarter valued at $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 in the last quarter. Zions Bancorporation National Association UT acquired a new position in Leidos in the 1st quarter valued at $33,000. Finally, N.E.W. Advisory Services LLC acquired a new position in shares of Leidos during the 1st quarter worth $54,000. 76.12% of the stock is currently owned by institutional investors.

Leidos Stock Performance

Shares of NYSE:LDOS traded up $5.00 during midday trading on Thursday, hitting $185.37. The company had a trading volume of 848,866 shares, compared to its average volume of 1,306,463. The company has a fifty day moving average of $171.29 and a two-hundred day moving average of $153.48. Leidos Holdings, Inc. has a 12-month low of $123.62 and a 12-month high of $202.90. The company has a market cap of $23.78 billion, a price-to-earnings ratio of 17.52, a PEG ratio of 1.68 and a beta of 0.71. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.62 and a quick ratio of 1.50.

Leidos (NYSE:LDOS - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $3.21 EPS for the quarter, beating 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 firm 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 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, equities research analysts expect 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. Shareholders of record on Monday, September 15th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, September 15th. Leidos's dividend payout ratio (DPR) is 15.12%.

Analysts Set New Price Targets

LDOS has been the topic of several research reports. Wall Street Zen cut Leidos from a "strong-buy" rating to a "buy" rating in a report 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. Citigroup reaffirmed a "buy" rating and set a $190.00 price target (up from $186.00) on shares of Leidos in a research report on Monday, July 14th. Baird R W lowered Leidos from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 27th. Finally, Royal Bank Of Canada upgraded Leidos from a "hold" rating to a "moderate buy" rating in a report on Thursday, September 4th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Leidos has an average rating of "Moderate Buy" and an average target price of $183.31.

Insider Transactions at Leidos

In related news, insider Stephen Edward Hull sold 12,497 shares of the business's stock in a transaction on 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 completion of the transaction, the insider directly owned 25,817 shares in the company, valued at $4,599,040.38. The trade was a 32.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Gregory R. Dahlberg sold 952 shares of Leidos stock in a transaction on Monday, August 11th. The shares were sold at an average price of $177.43, for a total transaction of $168,913.36. Following the completion of the transaction, the director directly owned 21,068 shares of the company's stock, valued at $3,738,095.24. The trade was a 4.32% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,975 shares of company stock worth $4,078,740. Company insiders own 0.96% of the company's stock.

About Leidos

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.