Leidos Holdings, Inc. $LDOS Shares Purchased by Aberdeen Group plc

Key Points

• Aberdeen Group plc increased its stake in Leidos Holdings, Inc. by 2.2%, now owning 128,630 shares valued at approximately $20.3 million.
• Leidos Holdings reported a quarterly EPS of $3.21, exceeding analysts' estimates, and set its FY 2025 guidance at 11.150-11.450 EPS.
• Wall Street analysts generally favor Leidos, with average price targets ranging from $184 to $210 and a collective "Moderate Buy" rating.

Aberdeen Group plc raised its position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 2.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 128,630 shares of the aerospace company's stock after buying an additional 2,760 shares during the quarter. Aberdeen Group plc owned about 0.10% of Leidos worth $20,293,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kathmere Capital Management LLC raised its stake in Leidos by 145.6% during the second quarter. Kathmere Capital Management LLC now owns 7,998 shares of the aerospace company's stock valued at $1,262,000 after buying an additional 4,742 shares in the last quarter. Kendall Capital Management raised its stake in Leidos by 93.7% during the second quarter. Kendall Capital Management now owns 4,270 shares of the aerospace company's stock valued at $674,000 after buying an additional 2,065 shares in the last quarter. McAdam LLC acquired a new stake in Leidos during the second quarter valued at approximately $286,000. Sowell Financial Services LLC acquired a new stake in Leidos during the first quarter valued at approximately $267,000. Finally, SG Americas Securities LLC grew its holdings in shares of Leidos by 263.7% during the first quarter. SG Americas Securities LLC now owns 13,706 shares of the aerospace company's stock valued at $1,849,000 after purchasing an additional 9,938 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on LDOS. Truist Financial set a $195.00 target price on Leidos in a report on Tuesday, September 30th. Argus upped their target price on Leidos from $185.00 to $210.00 and gave the company a "buy" rating in a report on Wednesday, September 24th. Wall Street Zen lowered Leidos from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. Citigroup reissued a "buy" rating and issued a $190.00 price objective (up from $186.00) on shares of Leidos in a report on Monday, July 14th. Finally, UBS Group increased 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 issued a Hold rating to the company's stock. According to data from MarketBeat.com, Leidos has an average rating of "Moderate Buy" and an average target price of $188.31.

Leidos Price Performance

LDOS opened at $186.04 on Tuesday. The stock has a fifty day moving average of $183.47 and a 200-day moving average of $162.55. The firm has a market capitalization of $23.87 billion, a P/E ratio of 17.58, a PEG ratio of 1.76 and a beta of 0.71. Leidos Holdings, Inc. has a 12-month low of $123.62 and a 12-month high of $202.90. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 1.06.

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

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued 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 currently 15.12%.

Insider Activity at Leidos

In other news, Director Gary Stephen May sold 2,000 shares of Leidos stock in a transaction dated 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 sale, the director directly owned 10,137 shares in the company, valued at $1,804,892.85. The trade was a 16.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Stephen Edward Hull sold 12,497 shares of Leidos stock in a transaction dated Thursday, September 4th. The shares were sold at an average price of $178.14, for a total value of $2,226,215.58. Following the sale, the insider owned 25,817 shares of the company's stock, valued at approximately $4,599,040.38. This represents a 32.62% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 22,975 shares of company stock valued at $4,078,740. Insiders own 0.69% of the company's stock.

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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