Foster & Motley Inc. Grows Holdings in Leidos Holdings, Inc. $LDOS

Foster & Motley Inc. increased its position in Leidos Holdings, Inc. (NYSE:LDOS) by 12.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,830 shares of the aerospace company’s stock after acquiring an additional 2,834 shares during the quarter. Foster & Motley Inc.’s holdings in Leidos were worth $3,917,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in LDOS. MCF Advisors LLC purchased a new stake in Leidos in the 1st quarter worth approximately $27,000. First Pacific Financial purchased a new stake in Leidos in the 2nd quarter worth approximately $27,000. Raleigh Capital Management Inc. purchased a new stake in Leidos in the 2nd quarter worth approximately $29,000. Optimum Investment Advisors increased its holdings in Leidos by 260.0% in the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 169 shares in the last quarter. Finally, Zions Bancorporation National Association UT purchased a new stake in Leidos in the 1st quarter worth approximately $33,000. 76.12% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on LDOS shares. UBS Group increased their target price on shares of Leidos from $168.00 to $184.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Argus upped their price target on Leidos from $185.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, September 24th. Wall Street Zen downgraded Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. Truist Financial set a $195.00 price target on Leidos in a research note on Tuesday, September 30th. Finally, Citigroup restated a “buy” rating and issued a $190.00 price target (up from $186.00) on shares of Leidos in a research note on Monday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $188.31.

Insider Activity

In related news, insider Stephen Edward Hull sold 12,497 shares of the firm’s stock in a transaction on Thursday, September 4th. The stock was 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 $4,599,040.38. This trade represents a 32.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gary Stephen May sold 2,000 shares of the firm’s stock in a transaction on Monday, August 11th. The stock was sold at an average price of $178.05, for a total value of $356,100.00. Following the completion of the sale, the director owned 10,137 shares of the company’s stock, valued at approximately $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. In the last ninety days, insiders sold 22,975 shares of company stock worth $4,078,740. 0.96% of the stock is currently owned by insiders.

Leidos Stock Down 0.0%

NYSE LDOS opened at $184.35 on Friday. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.50 and a current ratio of 1.62. The company has a market capitalization of $23.65 billion, a P/E ratio of 17.42, a P/E/G ratio of 1.73 and a beta of 0.71. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90. The stock has a 50 day moving average price of $184.35 and a 200-day moving average price of $163.57.

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

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Monday, September 15th. Leidos’s dividend payout ratio is currently 15.12%.

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.