Berger Financial Group Inc Grows Holdings in Leidos Holdings, Inc. $LDOS

Berger Financial Group Inc increased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 1.4% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 39,316 shares of the aerospace company’s stock after purchasing an additional 545 shares during the period. Berger Financial Group Inc’s holdings in Leidos were worth $6,202,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. boosted its position in shares of Leidos by 7.9% during the first quarter. JPMorgan Chase & Co. now owns 3,416,817 shares of the aerospace company’s stock worth $461,065,000 after buying an additional 251,245 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in Leidos by 29.8% during the 1st quarter. Massachusetts Financial Services Co. MA now owns 2,336,222 shares of the aerospace company’s stock worth $315,250,000 after acquiring an additional 536,452 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Leidos by 10.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,877,020 shares of the aerospace company’s stock valued at $253,262,000 after acquiring an additional 170,263 shares during the period. AQR Capital Management LLC grew its position in Leidos by 3.0% in the 1st quarter. AQR Capital Management LLC now owns 1,183,157 shares of the aerospace company’s stock valued at $159,342,000 after acquiring an additional 34,328 shares in the last quarter. Finally, Victory Capital Management Inc. grew its position in Leidos by 130.3% in the 1st quarter. Victory Capital Management Inc. now owns 711,437 shares of the aerospace company’s stock valued at $96,001,000 after acquiring an additional 402,454 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Stock Performance

Shares of LDOS stock opened at $195.73 on Friday. The company has a market cap of $25.11 billion, a P/E ratio of 18.50, a PEG ratio of 1.83 and a beta of 0.71. The firm has a fifty day moving average price of $179.51 and a 200 day moving average price of $159.93. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 1.06. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $202.90.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share for the quarter, beating analysts’ consensus estimates of $2.63 by $0.58. The company 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%.Leidos’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period last year, the firm earned $2.63 earnings per share. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Sell-side analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend was Monday, September 15th. Leidos’s dividend payout ratio is 15.12%.

Insider Buying and Selling at Leidos

In related news, 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 of the company’s stock, valued at $1,804,892.85. This trade represents a 16.48% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Stephen Edward Hull sold 12,497 shares of Leidos stock in a transaction on Thursday, September 4th. The stock was sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the sale, the insider owned 25,817 shares in the company, valued at $4,599,040.38. This represents a 32.62% 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 three months. Insiders own 0.96% of the company’s stock.

Analyst Ratings Changes

LDOS has been the subject of several recent research reports. Argus raised their price objective on shares of Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Jefferies Financial Group upgraded shares of 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 report on Wednesday, August 6th. Citigroup restated a “buy” rating and issued a $190.00 price target (up previously from $186.00) on shares of Leidos in a research note on Monday, July 14th. Wall Street Zen cut Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Leidos in a research note on Saturday, September 27th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $188.31.

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.