TD Private Client Wealth LLC Has $1.26 Million Stake in Leidos Holdings, Inc. $LDOS

TD Private Client Wealth LLC lowered its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 2.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,015 shares of the aerospace company’s stock after selling 198 shares during the quarter. TD Private Client Wealth LLC’s holdings in Leidos were worth $1,264,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Parallel Advisors LLC increased its position in shares of Leidos by 9.1% in the first quarter. Parallel Advisors LLC now owns 968 shares of the aerospace company’s stock worth $131,000 after purchasing an additional 81 shares during the period. Groupe la Francaise raised its position in Leidos by 6.2% during the first quarter. Groupe la Francaise now owns 1,566 shares of the aerospace company’s stock valued at $212,000 after purchasing an additional 91 shares in the last quarter. Resolute Wealth Strategies LLC increased its stake in shares of Leidos by 1.9% in the 1st quarter. Resolute Wealth Strategies LLC now owns 5,134 shares of the aerospace company’s stock valued at $693,000 after purchasing an additional 97 shares during the last quarter. Global Financial Private Client LLC raised its holdings in shares of Leidos by 1.4% during the 1st quarter. Global Financial Private Client LLC now owns 7,085 shares of the aerospace company’s stock worth $956,000 after buying an additional 100 shares in the last quarter. Finally, EP Wealth Advisors LLC raised its holdings in shares of Leidos by 0.7% during the 1st quarter. EP Wealth Advisors LLC now owns 14,078 shares of the aerospace company’s stock worth $1,900,000 after buying an additional 104 shares in the last quarter. 76.12% of the stock is owned by institutional investors and hedge funds.

Leidos Price Performance

Leidos stock opened at $182.20 on Friday. 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 company has a market cap of $23.38 billion, a price-to-earnings ratio of 17.22, a PEG ratio of 1.75 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 business’s 50 day simple moving average is $176.21 and its 200 day simple moving average is $157.52.

Leidos (NYSE:LDOS) last released its quarterly earnings data 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 the consensus estimate of $4.24 billion. During the same period last year, the firm earned $2.63 EPS. Leidos’s revenue for the quarter was up 2.9% on a year-over-year basis. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Sell-side analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

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

Insider Buying and Selling 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 value of $2,226,215.58. Following the completion of the sale, the insider directly 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 legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Gary Stephen May sold 2,000 shares of the business’s stock in a transaction 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 completion of the sale, the director directly owned 10,137 shares of the company’s stock, valued at $1,804,892.85. This represents 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 worth $4,078,740 over the last ninety days. Insiders own 0.96% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Citigroup reiterated a “buy” rating and issued a $190.00 target price (up previously from $186.00) on shares of Leidos in a research report on Monday, July 14th. Royal Bank Of Canada upgraded shares of Leidos from a “hold” rating to a “moderate buy” rating in a research report on Thursday, September 4th. Argus raised their target price on shares of Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday. Jefferies Financial Group upgraded shares of Leidos from a “hold” rating to a “buy” rating and upped their price target for the stock from $185.00 to $205.00 in a report on Wednesday, August 6th. Finally, Wall Street Zen lowered Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $185.21.

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.