Vanguard Group Inc. Has $2.38 Billion Holdings in Leidos Holdings, Inc. $LDOS

Vanguard Group Inc. decreased its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 1.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,109,167 shares of the aerospace company’s stock after selling 166,748 shares during the quarter. Vanguard Group Inc. owned about 11.78% of Leidos worth $2,383,622,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Kendall Capital Management boosted its holdings in Leidos by 93.7% in the second quarter. Kendall Capital Management now owns 4,270 shares of the aerospace company’s stock worth $674,000 after acquiring an additional 2,065 shares in the last quarter. Kathmere Capital Management LLC raised its position in shares of Leidos by 145.6% during the second quarter. Kathmere Capital Management LLC now owns 7,998 shares of the aerospace company’s stock worth $1,262,000 after purchasing an additional 4,742 shares during the period. McAdam LLC bought a new position in shares of Leidos in the 2nd quarter worth $286,000. Klein Pavlis & Peasley Financial Inc. acquired a new stake in Leidos in the 2nd quarter valued at $2,556,000. Finally, Amundi increased its stake in Leidos by 19.1% during the 1st quarter. Amundi now owns 88,927 shares of the aerospace company’s stock valued at $12,404,000 after purchasing an additional 14,246 shares in the last quarter. 76.12% of the stock is owned by institutional investors.

Insider Buying and Selling at Leidos

In other news, insider Stephen Edward Hull sold 12,497 shares of the stock in a transaction that occurred on Thursday, September 4th. The shares were 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 directly owned 25,817 shares of the company’s stock, valued at $4,599,040.38. This represents a 32.62% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.96% of the stock is owned by corporate insiders.

Leidos Stock Up 0.4%

LDOS stock opened at $186.41 on Friday. The stock has a market cap of $23.83 billion, a P/E ratio of 17.39, a P/E/G ratio of 1.36 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 stock’s fifty day simple moving average is $190.07 and its two-hundred day simple moving average is $172.43. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $205.77.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, November 4th. The aerospace company reported $3.05 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $0.44. The company had revenue of $4.47 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a return on equity of 33.02% and a net margin of 8.11%. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. Analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be paid a $0.43 dividend. The ex-dividend date is Monday, December 15th. This is a positive change from Leidos’s previous quarterly dividend of $0.40. This represents a $1.72 dividend on an annualized basis and a yield of 0.9%. Leidos’s dividend payout ratio is presently 14.93%.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Cantor Fitzgerald boosted their target price on shares of Leidos from $185.00 to $225.00 and gave the stock an “overweight” rating in a research report on Friday, October 31st. UBS Group boosted their price objective on Leidos from $209.00 to $216.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Bank of America raised their target price on Leidos from $200.00 to $235.00 and gave the company a “buy” rating in a report on Friday, November 7th. Wall Street Zen cut Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Finally, Argus upped their price target on Leidos from $185.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, September 24th. Ten investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $199.23.

Leidos Company 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.