Leidos Holdings, Inc. (LDOS) To Go Ex-Dividend on March 16th

Leidos Holdings, Inc. (NYSE:LDOS) declared a quarterly dividend on Friday, February 13th. Shareholders of record on Monday, March 16th will be given a dividend of 0.43 per share by the aerospace company on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, March 16th.

Leidos has increased its dividend payment by an average of 0.0%annually over the last three years and has raised its dividend every year for the last 6 years. Leidos has a dividend payout ratio of 14.8% meaning its dividend is sufficiently covered by earnings. Research analysts expect Leidos to earn $11.23 per share next year, which means the company should continue to be able to cover its $1.72 annual dividend with an expected future payout ratio of 15.3%.

Leidos Stock Performance

Shares of NYSE LDOS traded up $0.24 during trading on Friday, reaching $174.05. 791,624 shares of the company traded hands, compared to its average volume of 1,315,776. The firm has a 50 day simple moving average of $183.96 and a 200-day simple moving average of $186.29. Leidos has a 52-week low of $128.32 and a 52-week high of $205.77. The stock has a market capitalization of $22.00 billion, a PE ratio of 15.64, a P/E/G ratio of 1.23 and a beta of 0.63. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.19. The firm had revenue of $4.21 billion during the quarter, compared to analysts’ expectations of $4.31 billion. Leidos had a net margin of 8.43% and a return on equity of 32.95%. The firm’s quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the company earned $2.37 earnings per share. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. Equities research analysts anticipate that Leidos will post 10.62 earnings per share for the current year.

Insider Activity

In related news, insider Elizabeth A. Porter sold 3,000 shares of the firm’s 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 transaction, the insider directly owned 38,575 shares of the company’s stock, valued at approximately $7,414,500.75. This trade represents a 7.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.96% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Leidos

A number of hedge funds have recently made changes to their positions in LDOS. World Investment Advisors grew its holdings in Leidos by 24.7% during the 4th quarter. World Investment Advisors now owns 7,090 shares of the aerospace company’s stock valued at $1,279,000 after buying an additional 1,405 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Leidos by 6.7% during the 4th quarter. Corient Private Wealth LLC now owns 65,609 shares of the aerospace company’s stock worth $11,838,000 after acquiring an additional 4,124 shares in the last quarter. SHP Wealth Management bought a new position in shares of Leidos during the 4th quarter valued at approximately $49,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Leidos by 2,367.7% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 765 shares of the aerospace company’s stock valued at $138,000 after acquiring an additional 734 shares during the last quarter. Finally, MidFirst Bank purchased a new position in shares of Leidos in the fourth quarter valued at $345,000. Institutional investors own 76.12% of the company’s stock.

About Leidos

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.