Leidos Holdings, Inc. $LDOS Shares Purchased by Metis Global Partners LLC

Metis Global Partners LLC grew its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 32.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,967 shares of the aerospace company’s stock after buying an additional 1,724 shares during the quarter. Metis Global Partners LLC’s holdings in Leidos were worth $1,099,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kendall Capital Management increased its position in shares of Leidos by 93.7% during the 2nd quarter. Kendall Capital Management now owns 4,270 shares of the aerospace company’s stock valued at $674,000 after purchasing an additional 2,065 shares during the period. Kathmere Capital Management LLC boosted its stake in Leidos by 145.6% during the second quarter. Kathmere Capital Management LLC now owns 7,998 shares of the aerospace company’s stock valued at $1,262,000 after buying an additional 4,742 shares in the last quarter. McAdam LLC acquired a new position in Leidos during the second quarter worth about $286,000. Amundi raised its position in Leidos by 19.1% in the first quarter. Amundi now owns 88,927 shares of the aerospace company’s stock worth $12,404,000 after acquiring an additional 14,246 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its holdings in Leidos by 26.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 10,229 shares of the aerospace company’s stock valued at $1,380,000 after acquiring an additional 2,126 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on LDOS shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $230.00 price objective on shares of Leidos in a research note on Wednesday, November 5th. Wall Street Zen upgraded shares of Leidos from a “buy” rating to a “strong-buy” rating in a report on Saturday. Cantor Fitzgerald upped their price target on Leidos from $185.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Weiss Ratings reiterated a “buy (b-)” rating on shares of Leidos in a research report on Wednesday, October 8th. Finally, Bank of America lifted their target price on Leidos from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Ten research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $199.23.

Leidos Trading Up 0.7%

NYSE LDOS opened at $198.33 on Wednesday. The firm’s 50 day moving average price is $188.60 and its two-hundred day moving average price is $170.42. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62. Leidos Holdings, Inc. has a twelve month low of $123.62 and a twelve month high of $205.77. The stock has a market cap of $25.36 billion, a price-to-earnings ratio of 18.50, a PEG ratio of 1.45 and a beta of 0.69.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, November 4th. The aerospace company reported $3.05 EPS for the quarter, topping the consensus estimate of $2.61 by $0.44. Leidos had a return on equity of 33.02% and a net margin of 8.11%.The business had revenue of $4.47 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. Equities analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a dividend of $0.43 per share. This is a boost from Leidos’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.72 annualized dividend and a yield of 0.9%. Leidos’s dividend payout ratio (DPR) is presently 14.93%.

Insider Buying and Selling at Leidos

In other news, insider Stephen Edward Hull sold 12,497 shares of the 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 sale, the insider directly owned 25,817 shares of the company’s stock, valued at $4,599,040.38. This represents a 32.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.69% of the stock is owned by corporate insiders.

Leidos 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.