Braun Stacey Associates Inc. Sells 23,509 Shares of Leidos Holdings, Inc. $LDOS

Braun Stacey Associates Inc. trimmed its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 19.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 99,461 shares of the aerospace company’s stock after selling 23,509 shares during the period. Braun Stacey Associates Inc.’s holdings in Leidos were worth $15,468,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Longview Financial Advisors Inc. acquired a new position in Leidos in the first quarter worth $26,000. JFS Wealth Advisors LLC increased its stake in shares of Leidos by 77.6% in the fourth quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock valued at $27,000 after buying an additional 66 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in shares of Leidos by 94.7% in the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after buying an additional 72 shares during the last quarter. Hilton Head Capital Partners LLC bought a new position in shares of Leidos in the fourth quarter valued at about $28,000. Finally, Rakuten Securities Inc. lifted its position in 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 buying an additional 84 shares in the last quarter. Institutional investors own 76.12% of the company’s stock.

Leidos Stock Performance

Leidos stock opened at $101.62 on Friday. The company has a market cap of $12.78 billion, a PE ratio of 9.31, a PEG ratio of 1.50 and a beta of 0.50. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. Leidos Holdings, Inc. has a 1 year low of $99.53 and a 1 year high of $205.77. The company’s 50-day moving average is $127.77 and its two-hundred day moving average is $160.54.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping the consensus estimate of $2.88 by $0.25. The company had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Leidos had a net margin of 8.15% and a return on equity of 31.92%. Leidos’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the company earned $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Equities analysts anticipate that Leidos Holdings, Inc. will post 12.26 earnings per share for the current year.

Leidos Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a dividend of $0.43 per share. The ex-dividend date is Monday, June 15th. This represents a $1.72 annualized dividend and a dividend yield of 1.7%. Leidos’s payout ratio is presently 15.75%.

Insider Buying and Selling at Leidos

In other news, Director Gary Stephen May sold 1,484 shares of the stock in a transaction on Thursday, May 7th. The stock was 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 represents a 12.77% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Elizabeth A. Porter sold 2,000 shares of the firm’s stock in a transaction on Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total value of $317,560.00. Following the completion of the transaction, the insider owned 49,476 shares in the company, valued at $7,855,799.28. This represents a 3.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Wall Street Zen lowered shares of Leidos from a “buy” rating to a “hold” rating in a report on Monday, June 22nd. Wells Fargo & Company set a $125.00 price target on shares of Leidos in a research note on Wednesday, June 17th. Stifel Nicolaus lowered their price target on shares of Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Truist Financial dropped their price objective on shares of Leidos from $220.00 to $195.00 and set a “buy” rating for the company in a research report on Monday, April 20th. Finally, Royal Bank Of Canada decreased their price objective on Leidos from $215.00 to $180.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat, Leidos has an average rating of “Hold” and an average target price of $177.92.

Leidos 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.