Leidos Holdings, Inc. $LDOS Shares Sold by Braun Stacey Associates Inc.

Braun Stacey Associates Inc. trimmed its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 2.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 112,398 shares of the aerospace company’s stock after selling 3,228 shares during the period. Braun Stacey Associates Inc. owned about 0.09% of Leidos worth $21,239,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of LDOS. Goldstein Advisors LLC purchased a new position in Leidos during the third quarter worth $290,000. Global Financial Private Client LLC boosted its stake in shares of Leidos by 1.1% during the third quarter. Global Financial Private Client LLC now owns 7,218 shares of the aerospace company’s stock valued at $1,364,000 after acquiring an additional 81 shares during the last quarter. True Wealth Design LLC increased its position in Leidos by 71.5% during the 3rd quarter. True Wealth Design LLC now owns 343 shares of the aerospace company’s stock worth $65,000 after purchasing an additional 143 shares in the last quarter. Financial Consulate Inc. acquired a new position in Leidos in the 3rd quarter valued at about $87,000. Finally, Mather Group LLC. acquired a new position in Leidos in the 3rd quarter valued at about $28,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Trading Down 1.5%

LDOS stock opened at $180.61 on Friday. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 0.94. The company has a market cap of $23.09 billion, a price-to-earnings ratio of 16.85, a PEG ratio of 1.32 and a beta of 0.58. The business has a fifty day simple moving average of $188.73 and a 200-day simple moving average of $179.44. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week high of $205.77.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.61 by $0.44. The firm 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. On average, equities research analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th were issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Monday, December 15th. This is an increase from Leidos’s previous quarterly dividend of $0.40. Leidos’s dividend payout ratio (DPR) is presently 16.04%.

Insider Transactions at Leidos

In related news, insider Elizabeth A. Porter sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $181.04, for a total value of $543,120.00. Following the transaction, the insider owned 41,575 shares in the company, valued at approximately $7,526,738. This trade represents a 6.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.96% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on LDOS shares. Cantor Fitzgerald upped their price objective on shares of Leidos from $185.00 to $225.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Citigroup began coverage on Leidos in a research note on Thursday, December 11th. They set a “buy” rating and a $218.00 price target on the stock. Argus lifted their price objective on Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research report on Wednesday, September 24th. Wall Street Zen lowered Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 13th. Finally, UBS Group increased their target price on Leidos from $209.00 to $216.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Leidos currently has a consensus rating of “Moderate Buy” and an average target price of $205.42.

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.