Wealth Enhancement Advisory Services LLC Buys 3,283 Shares of Leidos Holdings, Inc. $LDOS

Wealth Enhancement Advisory Services LLC lifted its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 6.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,095 shares of the aerospace company’s stock after acquiring an additional 3,283 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Leidos were worth $10,460,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Focus Partners Wealth lifted its stake in shares of Leidos by 46.5% during the first quarter. Focus Partners Wealth now owns 3,073 shares of the aerospace company’s stock valued at $415,000 after acquiring an additional 976 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Leidos by 10.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 3,524 shares of the aerospace company’s stock valued at $556,000 after acquiring an additional 330 shares during the last quarter. GAMMA Investing LLC boosted its stake in Leidos by 30.2% during the 2nd quarter. GAMMA Investing LLC now owns 2,251 shares of the aerospace company’s stock worth $355,000 after acquiring an additional 522 shares during the last quarter. Fifth Third Bancorp grew its holdings in Leidos by 10.0% during the second quarter. Fifth Third Bancorp now owns 2,878 shares of the aerospace company’s stock valued at $454,000 after purchasing an additional 262 shares during the period. Finally, McAdam LLC bought a new stake in Leidos in the second quarter valued at approximately $286,000. 76.12% of the stock is owned by institutional investors.

Insider Activity at Leidos

In related news, insider Elizabeth A. Porter sold 3,000 shares of the stock in a transaction on Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total value of $576,630.00. Following the completion of the sale, the insider directly owned 38,575 shares in the company, valued at $7,414,500.75. This represents a 7.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 0.96% of the company’s stock.

Leidos Stock Down 1.2%

Shares of LDOS opened at $191.07 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week high of $205.77. The stock has a market capitalization of $24.43 billion, a price-to-earnings ratio of 17.82, a PEG ratio of 1.35 and a beta of 0.58. The stock has a fifty day moving average of $188.95 and a 200-day moving average of $183.69.

Leidos (NYSE:LDOS) last issued its earnings results on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.61 by $0.44. The business had revenue of $4.47 billion during 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. As a group, sell-side analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 31st. Investors of record on Monday, December 15th were issued a $0.43 dividend. This is a boost from Leidos’s previous quarterly dividend of $0.40. The ex-dividend date was Monday, December 15th. This represents a $1.72 dividend on an annualized basis and a yield of 0.9%. Leidos’s dividend payout ratio (DPR) is 16.04%.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on LDOS. Wall Street Zen cut shares of Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 13th. Stifel Nicolaus restated a “hold” rating and issued a $220.00 price target on shares of Leidos in a research note on Wednesday, January 7th. Truist Financial reiterated a “buy” rating and issued a $220.00 target price (up from $200.00) on shares of Leidos in a research note on Tuesday, November 4th. Weiss Ratings restated a “buy (b)” rating on shares of Leidos in a research note on Monday, December 29th. Finally, Zacks Research downgraded Leidos from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. Nine equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Leidos presently has a consensus rating of “Moderate Buy” and an average price target of $213.09.

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.