Petrus Trust Company LTA Acquires Shares of 1,854 Leidos Holdings, Inc. $LDOS

Petrus Trust Company LTA acquired a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the 1st quarter, according to its most recent disclosure with the SEC. The fund acquired 1,854 shares of the aerospace company’s stock, valued at approximately $250,000.

Several other large investors have also bought and sold shares of LDOS. REAP Financial Group LLC boosted its position in Leidos by 422.2% during the 4th 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 in the last quarter. MCF Advisors LLC bought a new stake in Leidos during the 1st quarter valued at approximately $27,000. Optimum Investment Advisors boosted its position in Leidos by 260.0% during the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 169 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in Leidos during the 1st quarter valued at approximately $33,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Leidos during the 1st quarter valued at approximately $54,000. 76.12% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

LDOS has been the topic of several research reports. Wall Street Zen cut Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 9th. Baird R W cut Leidos from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 27th. Jefferies Financial Group raised Leidos from a “hold” rating to a “buy” rating and boosted their price target for the stock from $185.00 to $205.00 in a research report on Wednesday, August 6th. Stifel Nicolaus set a $178.00 price target on Leidos and gave the stock a “buy” rating in a research report on Tuesday, June 24th. Finally, UBS Group boosted their price target on Leidos from $168.00 to $184.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $183.31.

Leidos Stock Performance

LDOS stock opened at $178.83 on Wednesday. The stock has a market capitalization of $22.94 billion, a PE ratio of 16.90, a price-to-earnings-growth ratio of 1.67 and a beta of 0.71. Leidos Holdings, Inc. has a 12-month low of $123.62 and a 12-month 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. The stock’s 50 day simple moving average is $170.93 and its 200 day simple moving average is $153.30.

Leidos (NYSE:LDOS) last released its quarterly earnings data 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. The business had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $4.24 billion. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The firm’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.63 EPS. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. As a group, research analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a $0.40 dividend. The ex-dividend date of this dividend is Monday, September 15th. This represents a $1.60 annualized dividend and a yield of 0.9%. Leidos’s dividend payout ratio is 15.12%.

Insider Activity

In other news, Director Gregory R. Dahlberg sold 952 shares of the stock in a transaction on Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $168,913.36. Following the transaction, the director directly owned 21,068 shares of the company’s stock, valued at $3,738,095.24. This represents a 4.32% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Gary Stephen May sold 2,000 shares of the stock in a transaction on Monday, August 11th. The shares were sold at an average price of $178.05, for a total value of $356,100.00. Following the transaction, 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 ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 22,975 shares of company stock valued at $4,078,740 in the last ninety days. 0.69% of the stock is currently owned by company 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.