Leidos (NYSE:LDOS) Director Sells $197,001.00 in Stock

Leidos Holdings, Inc. (NYSE:LDOS) Director Gary Stephen May sold 1,484 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $132.75, for a total value of $197,001.00. Following the completion of the sale, the director owned 10,137 shares of the company’s stock, valued at approximately $1,345,686.75. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Leidos Stock Down 0.9%

Shares of NYSE:LDOS traded down $1.24 during mid-day trading on Friday, hitting $130.02. 1,502,381 shares of the company traded hands, compared to its average volume of 1,106,309. The firm’s 50 day simple moving average is $160.15 and its 200 day simple moving average is $178.21. The firm has a market cap of $16.36 billion, a P/E ratio of 11.91, a PEG ratio of 1.71 and a beta of 0.56. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.58 and a current ratio of 1.40. Leidos Holdings, Inc. has a 52-week low of $127.86 and a 52-week high of $205.77.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The company had revenue of $4.40 billion during the quarter, compared to the consensus estimate of $4.28 billion. During the same quarter last year, the company earned $2.97 earnings per share. Leidos’s revenue for the quarter was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, equities analysts anticipate that Leidos Holdings, Inc. will post 12.25 EPS for the current year.

Leidos Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.43 dividend. The ex-dividend date is Monday, June 15th. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. Leidos’s payout ratio is currently 15.75%.

Analyst Ratings Changes

LDOS has been the topic of a number of analyst reports. Jefferies Financial Group set a $185.00 target price on Leidos in a research report on Wednesday, April 8th. Wall Street Zen upgraded Leidos from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Citigroup dropped their price objective on Leidos from $232.00 to $178.00 and set a “buy” rating on the stock in a report on Thursday. Stifel Nicolaus reduced their target price on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a research note on Wednesday. Finally, UBS Group set a $204.00 price target on shares of Leidos in a research report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $193.64.

Institutional Investors Weigh In On Leidos

Institutional investors have recently made changes to their positions in the company. Wedmont Private Capital lifted its stake in Leidos by 4.6% during the fourth quarter. Wedmont Private Capital now owns 1,171 shares of the aerospace company’s stock worth $230,000 after purchasing an additional 52 shares during the last quarter. 44 Wealth Management LLC increased its stake in Leidos by 1.0% during the third quarter. 44 Wealth Management LLC now owns 5,500 shares of the aerospace company’s stock valued at $1,039,000 after purchasing an additional 57 shares during the last quarter. Atlantic Union Bankshares Corp raised its holdings in shares of Leidos by 0.7% during the third quarter. Atlantic Union Bankshares Corp now owns 8,243 shares of the aerospace company’s stock worth $1,558,000 after purchasing an additional 61 shares during the period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Leidos by 14.2% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 492 shares of the aerospace company’s stock worth $89,000 after purchasing an additional 61 shares during the period. Finally, Richardson Financial Services Inc. lifted its holdings in Leidos by 13.4% in the fourth quarter. Richardson Financial Services Inc. now owns 517 shares of the aerospace company’s stock worth $93,000 after acquiring an additional 61 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Leidos Company Profile

Leidos is an American technology and engineering company that provides services and solutions to government and commercial customers, with a strong focus on national security, defense, intelligence, and civil government markets. The company delivers systems integration, engineering, cybersecurity, software development, data analytics, cloud migration and managed IT services, as well as mission support for complex programs. Leidos’ work spans areas such as C4ISR (command, control, communications, computers, intelligence, surveillance and reconnaissance), secure communications, sensors and systems engineering, and health IT solutions for public-sector healthcare programs.

Leidos traces its corporate roots to Science Applications International Corporation (SAIC) and emerged as an independent, publicly traded company following a corporate separation in 2013.