Leidos Holdings, Inc. (LDOS) To Go Ex-Dividend on September 15th

Leidos Holdings, Inc. (NYSE:LDOSGet Free Report) announced a quarterly dividend on Friday, July 31st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.43 per share by the aerospace company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Tuesday, September 15th.

Leidos has increased its dividend payment by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 6 consecutive years. Leidos has a dividend payout ratio of 14.8% meaning its dividend is sufficiently covered by earnings. Analysts expect Leidos to earn $12.62 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 13.6%.

Leidos Trading Down 0.5%

Shares of NYSE:LDOS traded down $0.63 during mid-day trading on Friday, reaching $128.92. The stock had a trading volume of 1,226,374 shares, compared to its average volume of 1,085,278. The firm has a 50 day simple moving average of $125.65 and a two-hundred day simple moving average of $136.33. Leidos has a twelve month low of $98.86 and a twelve month high of $205.77. The firm has a market cap of $16.18 billion, a PE ratio of 12.03, a price-to-earnings-growth ratio of 1.44 and a beta of 0.56. The company has a current ratio of 1.63, a quick ratio of 1.60 and a debt-to-equity ratio of 1.13.

Leidos (NYSE:LDOSGet Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.91 by $0.35. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.44 billion. During the same quarter in the previous year, the company earned $3.21 earnings per share. The business’s revenue for the quarter was up 7.2% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. On average, research analysts predict that Leidos will post 12.28 EPS for the current fiscal year.

Insider Buying and Selling at Leidos

In related news, Director Noel Geer sold 10,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $140.66, for a total value of $1,406,600.00. Following the completion of the transaction, the director owned 34,274 shares of the company’s stock, valued at approximately $4,820,980.84. This trade represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Gary May sold 1,000 shares of Leidos stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $140.85, for a total transaction of $140,850.00. Following the completion of the sale, the director owned 10,204 shares in the company, valued at $1,437,233.40. The trade was a 8.93% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.77% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of LDOS. Hantz Financial Services Inc. raised its position in Leidos by 94.7% during the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 72 shares in the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of Leidos in the 4th quarter valued at about $28,000. Longview Financial Advisors Inc. acquired a new position in shares of Leidos during the 1st quarter worth about $26,000. Wexford Capital LP acquired a new position in shares of Leidos during the 3rd quarter worth about $32,000. Finally, DV Equities LLC bought a new stake in shares of Leidos in the 4th quarter valued at about $33,000. 76.12% of the stock is owned by institutional investors and hedge funds.

Leidos Company Profile

(Get Free Report)

Leidos Holdings, Inc (NYSE: LDOS) is a technology, engineering and services company that supports government and commercial customers in the defense, intelligence, civil and health markets. The company provides mission-critical solutions involving information technology, cybersecurity, data analytics, artificial intelligence, systems integration, engineering and scientific research.

Its defense and intelligence activities include command-and-control systems, mission software, surveillance and reconnaissance solutions, logistics, aircraft and weapons systems support, and national security services.

See Also

Dividend History for Leidos (NYSE:LDOS)

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