Leidos (NYSE:LDOS) Director Sells $197,001.00 in Stock

Key Points

• Leidos director Gary Stephen May sold 1,484 shares on May 7 for about $197,001, reducing his position by 12.77% and leaving him with 10,137 shares.
• The company beat earnings expectations in its latest quarterly report, posting $3.13 EPS versus the $2.88 consensus and revenue of $4.40 billion versus $4.28 billion expected.
• Leidos also announced a quarterly dividend of $0.43 per share, payable June 30, which implies an annualized yield of about 1.3%.

Leidos Holdings, Inc. (NYSE:LDOS - Get Free Report) Director Gary Stephen May sold 1,484 shares of the firm's stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the transaction, the director directly owned 10,137 shares of the company's stock, valued at $1,345,686.75. The trade was a 12.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Leidos Price Performance

Shares of NYSE:LDOS traded down $1.24 on Friday, hitting $130.02. The company had a trading volume of 1,502,381 shares, compared to its average volume of 1,106,309. The company has a current ratio of 1.40, a quick ratio of 1.58 and a debt-to-equity ratio of 1.19. The company has a market cap of $16.36 billion, a PE ratio of 11.91, a PEG ratio of 1.71 and a beta of 0.56. Leidos Holdings, Inc. has a 52-week low of $127.86 and a 52-week high of $205.77. The business has a 50 day moving average of $160.15 and a 200 day moving average of $178.21.

Leidos (NYSE:LDOS - Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping analysts' consensus estimates of $2.88 by $0.25. The firm had revenue of $4.40 billion during the quarter, compared to analysts' expectations of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The firm's quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the business posted $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, equities analysts anticipate that Leidos Holdings, Inc. will post 12.25 earnings per share for the current fiscal year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, June 15th. This represents a $1.72 annualized dividend and a dividend yield of 1.3%. Leidos's dividend payout ratio is presently 15.75%.

Institutional Trading of Leidos

A number of institutional investors and hedge funds have recently bought and sold shares of LDOS. Diamant Asset Management Inc. grew its stake in Leidos by 16,475.4% during the first quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company's stock worth $646,463,000 after buying an additional 4,131,706 shares during the period. Norges Bank acquired a new position in shares of Leidos during the 4th quarter valued at $318,839,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Leidos during the 3rd quarter worth $242,464,000. SG Americas Securities LLC boosted its position in Leidos by 998.6% during the 1st quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company's stock worth $170,718,000 after purchasing an additional 997,807 shares during the period. Finally, Alliancebernstein L.P. increased its holdings in Leidos by 64.4% in the 2nd quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company's stock valued at $241,256,000 after purchasing an additional 598,974 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on LDOS. Weiss Ratings cut shares of Leidos from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Wednesday. UBS Group set a $204.00 price objective on Leidos in a report on Thursday, January 15th. Wells Fargo & Company initiated coverage on Leidos in a research report on Wednesday, April 1st. They issued an "equal weight" rating and a $165.00 price objective for the company. Wall Street Zen upgraded Leidos from a "hold" rating to a "buy" rating in a research report on Saturday, April 18th. Finally, Royal Bank Of Canada decreased their price target on Leidos from $215.00 to $180.00 and set an "outperform" rating on the stock in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $193.64.

About Leidos

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos' work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.

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