Wellington Management Group LLP Has $6.44 Million Stock Position in Leidos Holdings, Inc. $LDOS

Key Points

• Wellington Management Group LLP increased its stake in Leidos Holdings, Inc. by 7.4%, acquiring an additional 3,275 shares, bringing its total holdings to 47,707 shares valued at approximately $6.44 million.
• Leidos reported **earnings per share (EPS)** of $3.21 for the last quarter, surpassing expectations, and projects FY 2025 EPS guidance of **11.150-11.450**.
• The company announced a **quarterly dividend** of $0.40, with an annual yield of 0.9%, set to be paid on September 30th to shareholders of record on September 15th.

Wellington Management Group LLP grew its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 7.4% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 47,707 shares of the aerospace company's stock after buying an additional 3,275 shares during the period. Wellington Management Group LLP's holdings in Leidos were worth $6,438,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Parallel Advisors LLC boosted its holdings in Leidos by 9.1% during the first quarter. Parallel Advisors LLC now owns 968 shares of the aerospace company's stock worth $131,000 after buying an additional 81 shares during the last quarter. Resolute Wealth Strategies LLC boosted its holdings in Leidos by 1.9% during the first quarter. Resolute Wealth Strategies LLC now owns 5,134 shares of the aerospace company's stock worth $693,000 after buying an additional 97 shares during the last quarter. Global Financial Private Client LLC boosted its holdings in Leidos by 1.4% during the first quarter. Global Financial Private Client LLC now owns 7,085 shares of the aerospace company's stock worth $956,000 after buying an additional 100 shares during the last quarter. Exchange Traded Concepts LLC boosted its holdings in Leidos by 9.2% during the first quarter. Exchange Traded Concepts LLC now owns 1,273 shares of the aerospace company's stock worth $172,000 after buying an additional 107 shares during the last quarter. Finally, Allworth Financial LP boosted its holdings in Leidos by 17.9% during the first quarter. Allworth Financial LP now owns 732 shares of the aerospace company's stock worth $107,000 after buying an additional 111 shares during the last quarter. Institutional investors own 76.12% of the company's stock.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Jefferies Financial Group upgraded Leidos from a "hold" rating to a "buy" rating and lifted their price objective for the company from $185.00 to $205.00 in a report on Wednesday, August 6th. UBS Group lifted their price objective on Leidos from $168.00 to $184.00 and gave the company a "neutral" rating in a report on Thursday, August 7th. Stifel Nicolaus set a $178.00 price objective on Leidos and gave the company a "buy" rating in a report on Tuesday, June 24th. Wells Fargo & Company lifted their price objective on Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a report on Thursday, May 8th. Finally, Wall Street Zen cut Leidos from a "strong-buy" rating to a "buy" rating in a report on Saturday, August 9th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $179.46.

Insiders Place Their Bets

In other Leidos news, insider Stephen Edward Hull sold 7,526 shares of the business's stock in a transaction that occurred on 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 transaction, the insider owned 26,481 shares of the company's stock, valued at $4,670,983.59. The trade was a 22.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gregory R. Dahlberg sold 952 shares of the business'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 transaction, the director directly owned 21,068 shares in the company, valued at $3,738,095.24. This trade represents a 4.32% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 10,478 shares of company stock valued at $1,852,525 in the last 90 days. 0.69% of the stock is currently owned by insiders.

Leidos Stock Down 0.3%

NYSE LDOS traded down $0.48 during trading on Monday, hitting $180.88. The stock had a trading volume of 671,024 shares, compared to its average volume of 889,780. The company has a market capitalization of $23.21 billion, a PE ratio of 17.10, a P/E/G ratio of 2.07 and a beta of 0.71. The company's 50-day moving average price is $167.62 and its two-hundred day moving average price is $151.08. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.50 and a current ratio of 1.62. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $202.90.

Leidos (NYSE:LDOS - Get Free Report) last released its earnings results on Tuesday, August 5th. The aerospace company reported $3.21 EPS for the quarter, beating the consensus estimate of $2.63 by $0.58. The firm had revenue of $4.25 billion for the quarter, compared to analysts' expectations of $4.24 billion. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The business's quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.63 EPS. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. As a group, sell-side analysts forecast 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. Shareholders of record on Monday, September 15th will be given a dividend of $0.40 per share. 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 payout ratio is 15.12%.

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.