KBC Group NV Has $1.85 Million Stock Holdings in Leidos Holdings, Inc. $LDOS

KBC Group NV grew its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 7.8% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 11,702 shares of the aerospace company’s stock after acquiring an additional 845 shares during the quarter. KBC Group NV’s holdings in Leidos were worth $1,846,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of LDOS. MCF Advisors LLC bought a new stake in Leidos during the first quarter worth about $27,000. First Pacific Financial bought a new position in Leidos in the 2nd quarter valued at about $27,000. Raleigh Capital Management Inc. acquired a new position in shares of Leidos in the 2nd quarter valued at approximately $29,000. True Wealth Design LLC lifted its holdings in shares of Leidos by 471.4% during the 2nd quarter. True Wealth Design LLC now owns 200 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 165 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Leidos during the 1st quarter worth approximately $33,000. Institutional investors own 76.12% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Leidos in a research report on Wednesday, October 8th. Royal Bank Of Canada reissued an “outperform” rating and set a $230.00 price target on shares of Leidos in a report on Wednesday, November 5th. Jefferies Financial Group raised Leidos from a “hold” rating to a “buy” rating and raised their price objective for the company from $185.00 to $205.00 in a research note on Wednesday, August 6th. UBS Group boosted their target price on Leidos from $209.00 to $216.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Finally, Argus raised their price target 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. Ten analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $199.23.

Leidos Stock Performance

Shares of LDOS stock opened at $191.09 on Monday. The firm has a market capitalization of $24.43 billion, a price-to-earnings ratio of 17.83, a PEG ratio of 1.40 and a beta of 0.69. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 0.94. The business’s 50-day moving average price is $189.41 and its 200-day moving average price is $171.37. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $205.77.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.61 by $0.44. Leidos had a net margin of 8.11% and a return on equity of 33.02%. The business had revenue of $4.47 billion during the quarter, compared to analyst estimates of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. Equities research analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a dividend of $0.43 per share. The ex-dividend date of this dividend is Monday, December 15th. This is an increase from Leidos’s previous quarterly dividend of $0.40. This represents a $1.72 annualized dividend and a dividend yield of 0.9%. Leidos’s payout ratio is 14.93%.

Insider Activity at Leidos

In related news, insider Stephen Edward Hull sold 12,497 shares of the business’s stock in a transaction 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 sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.69% 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.