Vanguard Personalized Indexing Management LLC Acquires 2,145 Shares of Leidos Holdings, Inc. $LDOS

Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 17.8% in the second quarter, HoldingsChannel reports. The firm owned 14,177 shares of the aerospace company’s stock after acquiring an additional 2,145 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Leidos were worth $2,238,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. raised its holdings in shares of Leidos by 7.9% in the first quarter. JPMorgan Chase & Co. now owns 3,416,817 shares of the aerospace company’s stock valued at $461,065,000 after buying an additional 251,245 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in shares of Leidos by 29.8% in the first quarter. Massachusetts Financial Services Co. MA now owns 2,336,222 shares of the aerospace company’s stock worth $315,250,000 after acquiring an additional 536,452 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Leidos by 10.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,877,020 shares of the aerospace company’s stock worth $253,262,000 after purchasing an additional 170,263 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Leidos by 3.0% during the first quarter. AQR Capital Management LLC now owns 1,183,157 shares of the aerospace company’s stock valued at $159,342,000 after purchasing an additional 34,328 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Leidos by 130.3% in the first quarter. Victory Capital Management Inc. now owns 711,437 shares of the aerospace company’s stock valued at $96,001,000 after purchasing an additional 402,454 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have issued reports on LDOS shares. Jefferies Financial Group raised Leidos from a “hold” rating to a “buy” rating and upped their price objective for the stock from $185.00 to $205.00 in a report on Wednesday, August 6th. Wall Street Zen lowered 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 objective on Leidos in a research report on Tuesday, September 30th. Argus upped their target price on shares of Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, September 24th. Finally, Royal Bank Of Canada raised shares of Leidos from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $188.31.

Insider Buying and Selling

In other news, Director Gary Stephen May sold 2,000 shares of the firm’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 sale, the director owned 10,137 shares of the company’s stock, valued at $1,804,892.85. This trade represents a 16.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Stephen Edward Hull sold 12,497 shares of Leidos stock in a transaction dated 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 transaction, the insider owned 25,817 shares in the company, valued at $4,599,040.38. This trade represents a 32.62% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 22,975 shares of company stock valued at $4,078,740. 0.96% of the stock is owned by company insiders.

Leidos Price Performance

Shares of LDOS opened at $184.27 on Friday. The stock has a market cap of $23.64 billion, a P/E ratio of 17.42, a price-to-earnings-growth ratio of 1.75 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’s 50-day moving average price is $184.19 and its two-hundred day moving average price is $163.22. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 1.06.

Leidos (NYSE:LDOS) last announced its quarterly 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 analysts’ expectations of $4.24 billion. During the same period in the prior year, the business posted $2.63 EPS. Leidos’s revenue was up 2.9% on a year-over-year basis. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. On average, equities analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders 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 annualized dividend and a dividend yield of 0.9%. Leidos’s payout ratio is 15.12%.

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.