PharVision Advisers LLC Invests $372,000 in Leidos Holdings, Inc. $LDOS

Key Points

• PharVision Advisers LLC invested approximately $372,000 in Leidos Holdings, Inc., acquiring 2,759 shares during the first quarter.
• Leidos reported an earnings per share (EPS) of $3.21, exceeding analysts' estimates of $2.63 for the latest quarter, with a revenue of $4.25 billion.
• The company recently announced a quarterly dividend of $0.40 per share, with a payout ratio of 15.12%, indicating a dividend yield of 0.9%.

PharVision Advisers LLC purchased a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,759 shares of the aerospace company's stock, valued at approximately $372,000.

Several other large investors also recently made changes to their positions in LDOS. Sowell Financial Services LLC purchased a new stake in shares of Leidos in the first quarter worth approximately $267,000. MidWestOne Financial Group Inc. increased its holdings in Leidos by 47.8% in the fourth quarter. MidWestOne Financial Group Inc. now owns 19,841 shares of the aerospace company's stock worth $2,858,000 after buying an additional 6,418 shares during the last quarter. SG Americas Securities LLC increased its holdings in Leidos by 263.7% in the first quarter. SG Americas Securities LLC now owns 13,706 shares of the aerospace company's stock worth $1,849,000 after buying an additional 9,938 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Leidos by 1.1% in the fourth quarter. Ameriprise Financial Inc. now owns 437,535 shares of the aerospace company's stock worth $63,026,000 after buying an additional 4,903 shares during the last quarter. Finally, Harbor Capital Advisors Inc. increased its holdings in Leidos by 2,940.8% in the first quarter. Harbor Capital Advisors Inc. now owns 2,159 shares of the aerospace company's stock worth $291,000 after buying an additional 2,088 shares during the last quarter. Institutional investors own 76.12% of the company's stock.

Insider Buying and Selling

In other Leidos news, Director Gregory R. Dahlberg sold 952 shares of the firm's stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $177.43, for a total value of $168,913.36. Following the completion of the sale, the director owned 21,068 shares of the company's stock, valued at approximately $3,738,095.24. This trade represents a 4.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Stephen Edward Hull sold 12,497 shares of the firm's stock in a transaction that occurred 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 completion of 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 90 days. Company insiders own 0.69% of the company's stock.

Leidos Stock Performance

Shares of LDOS stock traded up $1.38 during trading on Wednesday, reaching $180.41. 525,842 shares of the company's stock were exchanged, compared to its average volume of 1,309,142. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 1.06. The firm's fifty day moving average price is $170.93 and its 200-day moving average price is $153.30. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $202.90. The stock has a market capitalization of $23.15 billion, a PE ratio of 17.05, a PEG ratio of 1.67 and a beta of 0.71.

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, topping 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 company had revenue of $4.25 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same period in the prior year, the firm posted $2.63 EPS. 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. As a group, sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Stifel Nicolaus set a $178.00 price objective on shares of Leidos and gave the stock a "buy" rating in a research note on Tuesday, June 24th. Citigroup reissued a "buy" rating and set a $190.00 price objective (up from $186.00) on shares of Leidos in a report on Monday, July 14th. Jefferies Financial Group raised Leidos from a "hold" rating to a "buy" rating and lifted their price target for the company from $185.00 to $205.00 in a report on Wednesday, August 6th. Baird R W cut Leidos from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 27th. Finally, Royal Bank Of Canada raised 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 assigned a Hold rating to the company's stock. According to MarketBeat, Leidos currently has an average rating of "Moderate Buy" and an average target price of $183.31.

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.