IFM Investors Pty Ltd Acquires 1,457 Shares of Leidos Holdings, Inc. $LDOS

IFM Investors Pty Ltd increased its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 15.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,600 shares of the aerospace company’s stock after acquiring an additional 1,457 shares during the quarter. IFM Investors Pty Ltd’s holdings in Leidos were worth $1,672,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of the company. REAP Financial Group LLC increased its stake in Leidos by 422.2% during the 4th quarter. REAP Financial Group LLC now owns 188 shares of the aerospace company’s stock valued at $27,000 after purchasing an additional 152 shares in the last quarter. MCF Advisors LLC bought a new stake in Leidos during the 1st quarter valued at about $27,000. Optimum Investment Advisors increased its stake in Leidos by 260.0% during the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 169 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in Leidos during the 1st quarter valued at about $33,000. Finally, N.E.W. Advisory Services LLC bought a new stake in Leidos during the 1st quarter valued at about $54,000. 76.12% of the stock is currently owned by institutional investors.

Leidos Price Performance

LDOS stock opened at $187.80 on Tuesday. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90. The company’s fifty day moving average price is $174.77 and its 200-day moving average price is $156.79. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.50 and a current ratio of 1.62. The company has a market capitalization of $24.09 billion, a PE ratio of 17.75, a price-to-earnings-growth ratio of 1.76 and a beta of 0.71.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, August 5th. The aerospace company reported $3.21 EPS for the quarter, topping the consensus estimate of $2.63 by $0.58. Leidos had a net margin of 8.22% and a return on equity of 33.57%. The firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.24 billion. During the same quarter in the previous year, the firm earned $2.63 earnings per share. The company’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. On average, equities analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Investors of record on Monday, September 15th will be given a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 0.9%. The ex-dividend date is Monday, September 15th. Leidos’s payout ratio is currently 15.12%.

Insider Buying and Selling

In other Leidos 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 transaction of $2,226,215.58. Following the transaction, the insider owned 25,817 shares in the company, valued at $4,599,040.38. The trade was a 32.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gregory R. Dahlberg sold 952 shares of the business’s stock in a transaction on Monday, August 11th. The shares were sold at an average price of $177.43, for a total transaction of $168,913.36. Following the transaction, the director owned 21,068 shares in the company, valued at $3,738,095.24. This trade represents a 4.32% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 22,975 shares of company stock worth $4,078,740. Insiders own 0.69% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Jefferies Financial Group upgraded shares of 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 lifted their price target on shares of Leidos from $168.00 to $184.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Baird R W lowered shares of Leidos from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 27th. Stifel Nicolaus set a $178.00 price target on shares of Leidos and gave the stock a “buy” rating in a research note on Tuesday, June 24th. Finally, Wall Street Zen lowered shares of Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $183.31.

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.