KMG Fiduciary Partners LLC Invests $211,000 in Leidos Holdings, Inc. $LDOS

KMG Fiduciary Partners LLC purchased a new position in Leidos Holdings, Inc. (NYSE:LDOS) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,336 shares of the aerospace company’s stock, valued at approximately $211,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Pallas Capital Advisors LLC lifted its stake in shares of Leidos by 87.8% in the second quarter. Pallas Capital Advisors LLC now owns 3,680 shares of the aerospace company’s stock worth $581,000 after buying an additional 1,720 shares in the last quarter. Werlinich Asset Management LLC purchased a new position in shares of Leidos in the second quarter worth about $211,000. Aaron Wealth Advisors LLC purchased a new position in shares of Leidos in the second quarter worth about $216,000. Renaissance Investment Group LLC lifted its stake in shares of Leidos by 0.3% in the second quarter. Renaissance Investment Group LLC now owns 72,187 shares of the aerospace company’s stock worth $11,388,000 after buying an additional 189 shares in the last quarter. Finally, Czech National Bank lifted its stake in shares of Leidos by 4.4% in the second quarter. Czech National Bank now owns 31,463 shares of the aerospace company’s stock worth $4,964,000 after buying an additional 1,336 shares in the last quarter. 76.12% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LDOS has been the topic of a number of analyst reports. Jefferies Financial Group raised shares of Leidos from a “hold” rating to a “buy” rating and lifted their target price for the stock from $185.00 to $205.00 in a research note on Wednesday, August 6th. Citigroup reaffirmed a “buy” rating and set a $190.00 target price (up from $186.00) on shares of Leidos in a research note on Monday, July 14th. Wall Street Zen downgraded shares of Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. Stifel Nicolaus set a $178.00 target price on shares of Leidos and gave the stock a “buy” rating in a research note on Tuesday, June 24th. Finally, Royal Bank Of Canada raised shares of Leidos from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $183.31.

Leidos Trading Up 1.9%

NYSE LDOS opened at $187.21 on Friday. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 1.06. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week high of $202.90. The stock has a market capitalization of $24.02 billion, a PE ratio of 17.69, a price-to-earnings-growth ratio of 1.72 and a beta of 0.71. The firm has a 50 day moving average of $173.77 and a two-hundred day moving average of $155.75.

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

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, September 15th. Leidos’s payout ratio is 15.12%.

Insider Transactions at Leidos

In other news, insider Stephen Edward Hull sold 12,497 shares of the business’s stock in a transaction that occurred on Thursday, September 4th. The shares were sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the completion of the sale, the insider owned 25,817 shares in the company, valued at approximately $4,599,040.38. The trade was a 32.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gary Stephen May sold 2,000 shares of the business’s stock in a transaction that occurred on Monday, August 11th. The stock was sold at an average price of $178.05, for a total transaction of $356,100.00. Following the sale, the director owned 10,137 shares of the company’s stock, valued at $1,804,892.85. This represents a 16.48% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,975 shares of company stock worth $4,078,740. 0.96% of the stock is currently owned by insiders.

Leidos Company 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.