Sagespring Wealth Partners LLC Has $319,000 Holdings in Leidos Holdings, Inc. $LDOS

Sagespring Wealth Partners LLC lifted its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 25.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,023 shares of the aerospace company’s stock after acquiring an additional 405 shares during the period. Sagespring Wealth Partners LLC’s holdings in Leidos were worth $319,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

A number of analysts have commented on LDOS shares. Jefferies Financial Group upgraded Leidos from a “hold” rating to a “buy” rating and raised their price objective for the stock from $185.00 to $205.00 in a research report on Wednesday, August 6th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Leidos in a research report on Wednesday, October 8th. UBS Group boosted their price target on shares of Leidos from $168.00 to $184.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. Royal Bank Of Canada upgraded shares of Leidos from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 4th. Finally, Stifel Nicolaus set a $178.00 target price on shares of Leidos and gave the company a “buy” rating in a research report on Tuesday, June 24th. One 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 MarketBeat.com, Leidos currently has an average rating of “Moderate Buy” and a consensus target price of $188.31.

Leidos Trading Down 0.0%

Shares of LDOS opened at $184.35 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 stock has a market cap of $23.65 billion, a PE ratio of 17.42, a PEG ratio of 1.73 and a beta of 0.71. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $202.90. The stock has a 50 day simple moving average of $184.35 and a 200-day simple moving average of $163.57.

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, topping the consensus estimate of $2.63 by $0.58. The firm had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.24 billion. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The business’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the prior year, the company posted $2.63 earnings per share. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. On average, sell-side analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Announces Dividend

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 dividend yield of 0.9%. The ex-dividend date of this dividend was Monday, September 15th. Leidos’s payout ratio is currently 15.12%.

Insider Buying and Selling

In other Leidos news, Director Gregory R. Dahlberg sold 952 shares of the stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $177.43, for a total transaction of $168,913.36. Following the sale, the director 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gary Stephen May sold 2,000 shares of the business’s stock in a transaction dated 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 transaction, the director directly 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. Insiders have sold a total of 22,975 shares of company stock worth $4,078,740 in the last 90 days. Corporate insiders own 0.96% of the company’s stock.

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.