VCI Wealth Management LLC Increases Stock Position in Leidos Holdings, Inc. $LDOS

VCI Wealth Management LLC lifted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 12.3% during the second quarter, HoldingsChannel.com reports. The fund owned 5,449 shares of the aerospace company’s stock after purchasing an additional 595 shares during the quarter. VCI Wealth Management LLC’s holdings in Leidos were worth $860,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Quotient Wealth Partners LLC grew its position in shares of Leidos by 4.3% during the second quarter. Quotient Wealth Partners LLC now owns 1,627 shares of the aerospace company’s stock worth $257,000 after acquiring an additional 67 shares during the last quarter. REAP Financial Group LLC grew its position in shares of Leidos by 50.0% during the second quarter. REAP Financial Group LLC now owns 228 shares of the aerospace company’s stock worth $36,000 after acquiring an additional 76 shares during the last quarter. Private Trust Co. NA grew its position in shares of Leidos by 35.9% during the second quarter. Private Trust Co. NA now owns 303 shares of the aerospace company’s stock worth $48,000 after acquiring an additional 80 shares during the last quarter. Groupe la Francaise grew its position in shares of Leidos by 6.2% during the first quarter. Groupe la Francaise now owns 1,566 shares of the aerospace company’s stock worth $212,000 after acquiring an additional 91 shares during the last quarter. Finally, Resolute Wealth Strategies LLC grew its position in shares of Leidos by 1.9% during the first quarter. Resolute Wealth Strategies LLC now owns 5,134 shares of the aerospace company’s stock worth $693,000 after acquiring an additional 97 shares during the last quarter. 76.12% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on LDOS. UBS Group lifted their price objective on shares of Leidos from $168.00 to $184.00 and gave the company a “neutral” rating in a research report on Thursday, August 7th. Wall Street Zen lowered shares of Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 9th. Jefferies Financial Group upgraded shares of Leidos from a “hold” rating to a “buy” rating and lifted their price objective for the company from $185.00 to $205.00 in a research report on Wednesday, August 6th. Stifel Nicolaus set a $178.00 price objective on shares of Leidos and gave the company a “buy” rating in a research report on Tuesday, June 24th. Finally, 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. 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 stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $188.31.

Leidos Price Performance

Leidos stock opened at $190.72 on Tuesday. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90. 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 business has a fifty day moving average of $184.62 and a two-hundred day moving average of $164.28. The company has a market cap of $24.47 billion, a P/E ratio of 18.03, a price-to-earnings-growth ratio of 1.73 and a beta of 0.71.

Leidos (NYSE:LDOS) last released 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. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The company had revenue of $4.25 billion during the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter last year, the company earned $2.63 earnings per share. Leidos’s quarterly revenue was up 2.9% compared to the same quarter last year. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. As a group, analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Announces Dividend

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

Insider Buying and Selling at Leidos

In other news, 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 completion of the transaction, the insider owned 25,817 shares of the company’s stock, valued at $4,599,040.38. The trade was a 32.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Gary Stephen May sold 2,000 shares of Leidos 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 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 disclosure for this sale can be found here. Over the last quarter, insiders sold 22,975 shares of company stock valued at $4,078,740. 0.96% of the stock is owned by company insiders.

About Leidos

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.