Marks Group Wealth Management Inc Trims Position in Leidos Holdings, Inc. $LDOS

Marks Group Wealth Management Inc lessened its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 14.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 48,657 shares of the aerospace company’s stock after selling 7,969 shares during the period. Leidos accounts for approximately 0.8% of Marks Group Wealth Management Inc’s portfolio, making the stock its 26th biggest position. Marks Group Wealth Management Inc’s holdings in Leidos were worth $8,778,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of LDOS. JFS Wealth Advisors LLC raised its holdings in shares of Leidos by 77.6% during the 4th quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 66 shares during the period. Hantz Financial Services Inc. raised its holdings in shares of Leidos by 94.7% during the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock worth $27,000 after acquiring an additional 72 shares during the period. Hilton Head Capital Partners LLC purchased a new position in shares of Leidos during the 4th quarter worth $28,000. Rakuten Securities Inc. raised its holdings in shares of Leidos by 110.5% during the 4th quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after acquiring an additional 84 shares during the period. Finally, Cape Investment Advisory Inc. purchased a new position in shares of Leidos during the 3rd quarter worth $31,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Stock Performance

Shares of Leidos stock opened at $122.70 on Tuesday. The business has a 50-day moving average of $140.60 and a 200 day moving average of $167.99. Leidos Holdings, Inc. has a 12 month low of $121.20 and a 12 month high of $205.77. The stock has a market capitalization of $15.43 billion, a price-to-earnings ratio of 11.24, a price-to-earnings-growth ratio of 1.58 and a beta of 0.51. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.40 and a quick ratio of 1.29.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating analysts’ consensus estimates of $2.88 by $0.25. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The company had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same period last year, the business posted $2.97 EPS. Leidos’s revenue for the quarter was up 3.7% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, sell-side analysts forecast that Leidos Holdings, Inc. will post 12.25 earnings per share for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, June 15th. Leidos’s dividend payout ratio (DPR) is 15.75%.

Analysts Set New Price Targets

Several research firms have recently commented on LDOS. Argus upgraded Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. Weiss Ratings downgraded Leidos from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, May 6th. Stifel Nicolaus cut their price objective on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a research report on Wednesday, May 6th. Bank of America cut their price objective on Leidos from $235.00 to $200.00 and set a “buy” rating for the company in a research report on Tuesday, April 21st. Finally, Robert W. Baird cut their price objective on Leidos from $215.00 to $195.00 and set a “neutral” rating for the company in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $187.50.

Insider Transactions at Leidos

In related news, insider Elizabeth A. Porter sold 2,000 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total transaction of $317,560.00. Following the completion of the transaction, the insider directly owned 49,476 shares in the company, valued at $7,855,799.28. This trade represents a 3.89% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Gary Stephen May sold 1,484 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $132.75, for a total value of $197,001.00. Following the transaction, the director owned 10,137 shares of the company’s stock, valued at $1,345,686.75. This trade represents a 12.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.77% 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.