Wellington Management Group LLP Purchases 3,275 Shares of 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 holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS - Free Report) by 7.4% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 47,707 shares of the aerospace company's stock after acquiring 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 SEC filing.

Several other large investors have also recently modified their holdings of LDOS. REAP Financial Group LLC raised its stake in shares of Leidos by 422.2% during the fourth quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company's stock valued at $27,000 after acquiring an additional 152 shares during the last quarter. MCF Advisors LLC bought a new position in shares of Leidos during the first quarter valued at $27,000. Optimum Investment Advisors raised its stake in shares of Leidos by 260.0% during the first quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company's stock valued at $32,000 after acquiring an additional 169 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in shares of Leidos during the first quarter valued at $33,000. Finally, N.E.W. Advisory Services LLC bought a new position in shares of Leidos during the first quarter valued at $54,000. Institutional investors own 76.12% of the company's stock.

Leidos Stock Down 1.9%

Leidos stock traded down $3.45 during trading on Wednesday, hitting $177.44. 613,668 shares of the company were exchanged, compared to its average volume of 824,593. The business's 50 day moving average is $169.26 and its 200 day moving average is $151.81. The company has a market capitalization of $22.77 billion, a P/E ratio of 16.77, a PEG ratio of 2.07 and a beta of 0.71. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week high of $202.90. 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 issued its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $3.21 EPS for the quarter, topping analysts' consensus estimates of $2.63 by $0.58. The business had revenue of $4.25 billion for 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%.Leidos's quarterly revenue was up 2.9% compared to the same quarter last year. During the same period last year, the company posted $2.63 earnings per share. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, September 15th. Leidos's dividend payout ratio (DPR) is 15.12%.

Insider Buying and Selling

In other Leidos news, insider Stephen Edward Hull sold 7,526 shares of the business's stock in a transaction on Friday, August 8th. The shares were sold at an average price of $176.39, for a total transaction of $1,327,511.14. Following the sale, 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Gary Stephen May sold 2,000 shares of the business's stock in a transaction on 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 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 10,478 shares of company stock worth $1,852,525. 0.69% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the stock. UBS Group upped their price objective on shares of Leidos from $168.00 to $184.00 and gave the company a "neutral" rating in a research note on Thursday, August 7th. Wells Fargo & Company lifted their price objective on shares of Leidos from $173.00 to $200.00 and gave the company an "overweight" rating in a research note on Thursday, May 8th. Wall Street Zen lowered shares of Leidos from a "strong-buy" rating to a "buy" rating in a research note on Saturday, August 9th. Royal Bank Of Canada increased their target price on Leidos from $150.00 to $160.00 and gave the stock a "sector perform" rating in a report on Wednesday, May 7th. Finally, Stifel Nicolaus set a $178.00 target price on Leidos and gave the stock a "buy" rating in a report on Tuesday, June 24th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $179.46.

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.