Paralel Advisors LLC Sells 4,971 Shares of Leidos Holdings, Inc. $LDOS

Paralel Advisors LLC lowered its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 25.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,853 shares of the aerospace company’s stock after selling 4,971 shares during the period. Paralel Advisors LLC’s holdings in Leidos were worth $1,529,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Bryn Mawr Trust Advisors LLC raised its stake in shares of Leidos by 4.8% in the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 1,337 shares of the aerospace company’s stock valued at $241,000 after acquiring an additional 61 shares in the last quarter. Cullen Frost Bankers Inc. boosted its position in Leidos by 19.4% during the fourth quarter. Cullen Frost Bankers Inc. now owns 381 shares of the aerospace company’s stock worth $69,000 after purchasing an additional 62 shares during the period. Glenmede Investment Management LP boosted its position in Leidos by 3.2% during the third quarter. Glenmede Investment Management LP now owns 2,240 shares of the aerospace company’s stock worth $423,000 after purchasing an additional 69 shares during the period. HighPoint Advisor Group LLC grew its holdings in Leidos by 0.9% during the fourth quarter. HighPoint Advisor Group LLC now owns 7,635 shares of the aerospace company’s stock valued at $1,377,000 after purchasing an additional 70 shares during the last quarter. Finally, 44 Wealth Management LLC grew its holdings in Leidos by 1.3% during the fourth quarter. 44 Wealth Management LLC now owns 5,570 shares of the aerospace company’s stock valued at $1,005,000 after purchasing an additional 70 shares during the last quarter. Institutional investors own 76.12% of the company’s stock.

Insiders Place Their Bets

In other news, Director Noel B. Geer sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $140.66, for a total transaction of $1,406,600.00. Following the completion of the transaction, the director directly owned 34,274 shares of the company’s stock, valued at approximately $4,820,980.84. This trade represents a 22.59% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gary May sold 1,000 shares of the company’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $140.85, for a total transaction of $140,850.00. Following the completion of the sale, the director directly owned 10,204 shares in the company, valued at approximately $1,437,233.40. The trade was a 8.93% decrease in their position. The SEC filing for this sale provides additional information. 0.77% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on LDOS shares. Jefferies Financial Group restated a “hold” rating and issued a $145.00 price objective on shares of Leidos in a research note on Sunday, August 9th. Citigroup lifted their target price on shares of Leidos from $138.00 to $161.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. Robert W. Baird set a $150.00 target price on shares of Leidos in a research report on Wednesday, August 5th. Weiss Ratings cut shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Finally, Truist Financial decreased their price target on shares of Leidos from $195.00 to $160.00 and set a “buy” rating for the company in a report on Friday, July 10th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $162.93.

Leidos Trading Up 0.1%

Leidos stock opened at $133.19 on Monday. The business has a 50 day moving average price of $123.14 and a two-hundred day moving average price of $137.53. The company has a quick ratio of 1.60, a current ratio of 1.63 and a debt-to-equity ratio of 1.13. The stock has a market cap of $16.71 billion, a price-to-earnings ratio of 12.42, a price-to-earnings-growth ratio of 1.48 and a beta of 0.56. Leidos Holdings, Inc. has a 12 month low of $98.86 and a 12 month high of $205.77.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $2.91 by $0.35. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The company had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.44 billion. During the same quarter last year, the company earned $3.21 EPS. The company’s quarterly revenue was up 7.2% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. As a group, equities analysts forecast that Leidos Holdings, Inc. will post 12.38 EPS for the current year.

Leidos announced that its board has authorized a share repurchase plan on Friday, July 31st that authorizes the company to buyback 20,000,000 outstanding shares. This buyback authorization authorizes the aerospace company to purchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be given a $0.43 dividend. This represents a $1.72 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Leidos’s dividend payout ratio (DPR) is 16.04%.

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.