8,141 Shares in Leidos Holdings, Inc. $LDOS Acquired by Retirement Planning Group LLC

Retirement Planning Group LLC acquired a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 8,141 shares of the aerospace company’s stock, valued at approximately $1,538,000.

Several other large investors have also made changes to their positions in LDOS. JPMorgan Chase & Co. raised its holdings in shares of Leidos by 3.3% during the second quarter. JPMorgan Chase & Co. now owns 3,528,630 shares of the aerospace company’s stock worth $556,677,000 after purchasing an additional 111,813 shares during the last quarter. Boston Partners raised its stake in shares of Leidos by 3.7% during the 2nd quarter. Boston Partners now owns 2,909,142 shares of the aerospace company’s stock valued at $460,203,000 after buying an additional 103,321 shares during the last quarter. Norges Bank purchased a new position in shares of Leidos during the 2nd quarter valued at about $261,501,000. Alliancebernstein L.P. lifted its holdings in shares of Leidos by 64.4% in the 2nd quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock valued at $241,256,000 after buying an additional 598,974 shares during the period. Finally, AQR Capital Management LLC boosted its stake in shares of Leidos by 21.2% in the second quarter. AQR Capital Management LLC now owns 1,433,712 shares of the aerospace company’s stock worth $223,731,000 after buying an additional 250,555 shares during the last quarter. 76.12% of the stock is owned by hedge funds and other institutional investors.

Leidos Stock Performance

NYSE:LDOS opened at $190.55 on Thursday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62. The stock has a market capitalization of $24.36 billion, a PE ratio of 17.78, a P/E/G ratio of 1.37 and a beta of 0.58. Leidos Holdings, Inc. has a fifty-two week low of $123.62 and a fifty-two week high of $205.77. The company has a fifty day moving average of $189.21 and a two-hundred day moving average of $182.36.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.61 by $0.44. Leidos had a net margin of 8.11% and a return on equity of 33.02%. The business had revenue of $4.47 billion for the quarter, compared to analyst estimates of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. As a group, research analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Leidos Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were issued a dividend of $0.43 per share. The ex-dividend date of this dividend was Monday, December 15th. This is an increase from Leidos’s previous quarterly dividend of $0.40. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.9%. Leidos’s payout ratio is currently 16.04%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on LDOS shares. Truist Financial reissued a “buy” rating and issued a $220.00 price target (up from $200.00) on shares of Leidos in a report on Tuesday, November 4th. Argus boosted their target price on shares of Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Wall Street Zen downgraded shares of Leidos from a “strong-buy” rating to a “buy” rating in a report on Saturday, December 13th. Zacks Research cut shares of Leidos from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 23rd. Finally, Citigroup upped their price objective on shares of Leidos from $218.00 to $232.00 and gave the stock a “buy” rating in a research report on Tuesday. Nine research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Leidos currently has an average rating of “Moderate Buy” and a consensus price target of $214.18.

Insider Activity at Leidos

In other news, insider Elizabeth A. Porter sold 3,000 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The stock was 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 $7,526,738. This trade represents a 6.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.96% of the stock is owned by insiders.

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.