Foster & Motley Inc. Buys 2,834 Shares of Leidos Holdings, Inc. $LDOS

Foster & Motley Inc. grew its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 12.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,830 shares of the aerospace company’s stock after purchasing an additional 2,834 shares during the period. Foster & Motley Inc.’s holdings in Leidos were worth $3,917,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. REAP Financial Group LLC increased its stake in Leidos by 50.0% in the second quarter. REAP Financial Group LLC now owns 228 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 76 shares during the period. Private Trust Co. NA increased its stake in Leidos by 35.9% in the second quarter. Private Trust Co. NA now owns 303 shares of the aerospace company’s stock worth $48,000 after purchasing an additional 80 shares during the period. Groupe la Francaise increased its stake in Leidos by 6.2% in the first quarter. Groupe la Francaise now owns 1,566 shares of the aerospace company’s stock worth $212,000 after purchasing an additional 91 shares during the period. Resolute Wealth Strategies LLC increased its stake in Leidos by 1.9% in the first quarter. Resolute Wealth Strategies LLC now owns 5,134 shares of the aerospace company’s stock worth $693,000 after purchasing an additional 97 shares during the period. Finally, EP Wealth Advisors LLC increased its stake in Leidos by 0.7% in the first quarter. EP Wealth Advisors LLC now owns 14,078 shares of the aerospace company’s stock worth $1,900,000 after purchasing an additional 104 shares during the period. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Price Performance

LDOS opened at $184.35 on Friday. The business’s 50-day moving average is $184.35 and its two-hundred day moving average is $163.57. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.62 and a quick ratio of 1.50. The firm has a market capitalization of $23.65 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 1.73 and a beta of 0.71.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.63 by $0.58. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The company had revenue of $4.25 billion for the quarter, compared to analyst estimates of $4.24 billion. During the same quarter in the previous year, the firm earned $2.63 earnings per share. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.9%. The ex-dividend date was Monday, September 15th. Leidos’s payout ratio is 15.12%.

Analyst Upgrades and Downgrades

LDOS has been the topic of a number of recent analyst reports. Jefferies Financial Group upgraded Leidos from a “hold” rating to a “buy” rating and increased their target price for the stock from $185.00 to $205.00 in a research note on Wednesday, August 6th. Wall Street Zen lowered Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. Citigroup restated a “buy” rating and set a $190.00 price target (up previously from $186.00) on shares of Leidos in a research note on Monday, July 14th. Royal Bank Of Canada upgraded Leidos from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 4th. Finally, Truist Financial set a $195.00 price target on Leidos in a research note on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Leidos currently has a consensus rating of “Moderate Buy” and an average target price of $188.31.

Insider Buying and Selling at Leidos

In other Leidos news, Director Gregory R. Dahlberg sold 952 shares of the firm’s stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $177.43, for a total value of $168,913.36. Following the completion of the sale, the director owned 21,068 shares of the company’s stock, valued at approximately $3,738,095.24. This trade represents a 4.32% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Stephen Edward Hull sold 12,497 shares of the firm’s stock in a transaction dated Thursday, September 4th. The stock was 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 approximately $4,599,040.38. This represents a 32.62% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,975 shares of company stock worth $4,078,740 over the last quarter. Insiders own 0.96% of the company’s stock.

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.