Northside Capital Management LLC Makes New $366,000 Investment in Leidos Holdings, Inc. $LDOS

Key Points

• Northside Capital Management LLC has invested approximately $366,000 in Leidos Holdings, Inc., acquiring 2,320 shares in the second quarter.
• Leidos reported earnings of $3.21 per share, exceeding estimates, and provided FY 2025 guidance of 11.150-11.450 EPS.
• The company announced a quarterly dividend of $0.40 per share, with an ex-dividend date of September 15th, representing a 0.9% yield.

Northside Capital Management LLC acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 2,320 shares of the aerospace company's stock, valued at approximately $366,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. REAP Financial Group LLC increased its holdings in Leidos by 422.2% during the 4th quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company's stock worth $27,000 after purchasing an additional 152 shares in the last quarter. MCF Advisors LLC bought a new stake in Leidos during the 1st quarter worth approximately $27,000. Optimum Investment Advisors increased its holdings in Leidos by 260.0% during the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company's stock worth $32,000 after purchasing an additional 169 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in Leidos during the 1st quarter worth approximately $33,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Leidos during the 1st quarter worth approximately $54,000. 76.12% of the stock is owned by institutional investors.

Insider Buying and Selling at Leidos

In other Leidos news, Director Gregory R. Dahlberg sold 952 shares of the stock in a transaction on Monday, August 11th. The stock was 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 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 stock in a transaction on 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 transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 22,975 shares of company stock valued at $4,078,740. Company insiders own 0.69% of the company's stock.

Leidos Price Performance

Shares of NYSE LDOS opened at $187.15 on Wednesday. The stock has a fifty day simple moving average of $175.30 and a two-hundred day simple moving average of $157.00. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90. The firm has a market cap of $24.01 billion, a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 1.76 and a beta of 0.71. 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 quarterly earnings data on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.58. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The business had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.24 billion. During the same period in the prior year, the company earned $2.63 earnings per share. Leidos's revenue was up 2.9% compared to the same quarter last year. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

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

Wall Street Analysts Forecast Growth

LDOS has been the subject of a number of recent research reports. UBS Group boosted 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. Royal Bank Of Canada raised Leidos from a "hold" rating to a "moderate buy" rating in a report on Thursday, September 4th. Baird R W lowered Leidos from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 27th. Wall Street Zen lowered Leidos from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. Finally, Jefferies Financial Group raised Leidos from a "hold" rating to a "buy" rating and upped their target price for the company from $185.00 to $205.00 in a report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Leidos currently has an average rating of "Moderate Buy" and an average target price of $183.31.

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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