RWA Wealth Partners LLC Takes Position in Leidos Holdings, Inc. $LDOS

Key Points

• RWA Wealth Partners LLC has acquired a new stake in Leidos Holdings, purchasing 98,699 shares valued at approximately $13.3 million, representing about 0.08% of the company's stock.
• Insider sales included Stephen Edward Hull, who sold 7,526 shares at $176.39, and Gary Stephen May, who sold 2,000 shares at $178.05, both reducing their positions significantly.
• Leidos reported strong quarterly earnings of $3.21 per share, exceeding analyst expectations, and declared a quarterly dividend of $0.40, with a scheduled payment date on September 30th.

RWA Wealth Partners LLC acquired a new position in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 98,699 shares of the aerospace company's stock, valued at approximately $13,318,000. RWA Wealth Partners LLC owned 0.08% of Leidos at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Sowell Financial Services LLC bought a new stake in shares of Leidos during the 1st quarter worth $267,000. MidWestOne Financial Group Inc. boosted its holdings in shares of Leidos by 47.8% during the 4th 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 period. SG Americas Securities LLC boosted its holdings in shares of Leidos by 263.7% during the 1st 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 period. Ameriprise Financial Inc. boosted its holdings in shares of Leidos by 1.1% during the 4th 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 period. Finally, Harbor Capital Advisors Inc. boosted its holdings in shares of Leidos by 2,940.8% during the 1st 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 period. 76.12% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Leidos news, Director Gary Stephen May sold 2,000 shares of the stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $178.05, for a total transaction of $356,100.00. Following the sale, the director owned 10,137 shares of the company's stock, valued at $1,804,892.85. This represents a 16.48% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Stephen Edward Hull sold 7,526 shares of the stock in a transaction dated Friday, August 8th. The stock was sold at an average price of $176.39, for a total transaction of $1,327,511.14. Following the sale, the insider directly owned 26,481 shares in the company, valued at approximately $4,670,983.59. This represents a 22.13% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 10,478 shares of company stock valued at $1,852,525 in the last 90 days. 0.96% of the stock is currently owned by insiders.

Leidos Price Performance

Shares of LDOS stock traded up $1.2630 during mid-day trading on Friday, reaching $181.7030. The company's stock had a trading volume of 608,930 shares, compared to its average volume of 1,358,198. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90. The company has a market cap of $23.31 billion, a P/E ratio of 17.17, a PEG ratio of 2.06 and a beta of 0.65. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.50 and a current ratio of 1.62. The firm's 50-day moving average is $163.63 and its two-hundred day moving average is $149.16.

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 (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 analysts' expectations of $4.24 billion. Leidos had a net margin of 8.22% and a return on equity of 33.57%. The business's revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.63 EPS. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. On average, research analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

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

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Baird R W downgraded shares of Leidos from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 27th. Wall Street Zen downgraded shares of Leidos from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. Stifel Nicolaus set a $178.00 price target on shares of Leidos and gave the company a "buy" rating in a report on Tuesday, June 24th. Jefferies Financial Group raised shares of Leidos from a "hold" rating to a "buy" rating and increased their price target for the company from $185.00 to $205.00 in a report on Wednesday, August 6th. Finally, Royal Bank Of Canada increased their price target on shares of Leidos from $150.00 to $160.00 and gave the company a "sector perform" rating in a report on Wednesday, May 7th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, Leidos has a consensus rating of "Moderate Buy" and an average target price of $179.46.

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.