Daymark Wealth Partners LLC Has $1.97 Million Position in Leidos Holdings, Inc. $LDOS

Daymark Wealth Partners LLC boosted its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 20.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,464 shares of the aerospace company’s stock after purchasing an additional 2,143 shares during the quarter. Daymark Wealth Partners LLC’s holdings in Leidos were worth $1,966,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of LDOS. Kendall Capital Management lifted its stake in Leidos by 93.7% during the 2nd quarter. Kendall Capital Management now owns 4,270 shares of the aerospace company’s stock valued at $674,000 after acquiring an additional 2,065 shares in the last quarter. Kathmere Capital Management LLC lifted its stake in Leidos by 145.6% during the 2nd quarter. Kathmere Capital Management LLC now owns 7,998 shares of the aerospace company’s stock valued at $1,262,000 after acquiring an additional 4,742 shares in the last quarter. McAdam LLC bought a new position in Leidos during the 2nd quarter valued at $286,000. Amundi lifted 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 acquiring an additional 14,246 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its stake in Leidos by 26.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 10,229 shares of the aerospace company’s stock valued at $1,380,000 after acquiring an additional 2,126 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Trading Up 0.2%

Shares of Leidos stock opened at $188.24 on Thursday. Leidos Holdings, Inc. has a 52-week low of $123.62 and a 52-week high of $202.90. The stock’s 50-day simple moving average is $186.12 and its 200 day simple moving average is $166.85. The stock has a market capitalization of $24.15 billion, a P/E ratio of 17.79, a P/E/G ratio of 1.76 and a beta of 0.71. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.50 and a current ratio of 1.62.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share (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 business had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $4.24 billion. During the same period in the previous year, the business posted $2.63 EPS. The firm’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, research analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 30th. Investors of record on Monday, September 15th were paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date was Monday, September 15th. Leidos’s payout ratio is currently 15.12%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on LDOS shares. Royal Bank Of Canada upgraded Leidos from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 4th. Argus lifted their target price on Leidos from $185.00 to $210.00 and gave the stock a “buy” rating in a research note on Wednesday, September 24th. Truist Financial set a $195.00 target price on Leidos in a research note on Tuesday, September 30th. Zacks Research cut Leidos from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Leidos in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $188.31.

Insider Activity at Leidos

In related news, insider Stephen Edward Hull sold 12,497 shares of the business’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $178.14, for a total value of $2,226,215.58. Following the sale, the insider directly owned 25,817 shares in the company, valued at approximately $4,599,040.38. The trade was a 32.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Gregory R. Dahlberg sold 952 shares of Leidos stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $177.43, for a total value of $168,913.36. Following the transaction, the director directly owned 21,068 shares of the company’s stock, valued at $3,738,095.24. The trade was a 4.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 22,975 shares of company stock worth $4,078,740. Company insiders own 0.96% of the company’s stock.

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.