Leidos Holdings, Inc. (NYSE:LDOS) Declares $0.43 Quarterly Dividend

Leidos Holdings, Inc. (NYSE:LDOS) announced a quarterly dividend on Friday, July 31st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.43 per share by the aerospace company on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

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 payout ratio of 14.8% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Leidos to earn $12.62 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 13.6%.

Leidos Price Performance

NYSE:LDOS traded down $0.63 during trading hours on Friday, reaching $128.92. The stock had a trading volume of 1,226,374 shares, compared to its average volume of 1,085,278. The stock has a market capitalization of $16.18 billion, a PE ratio of 12.03, a PEG ratio of 1.44 and a beta of 0.56. Leidos has a 52 week low of $98.86 and a 52 week high of $205.77. The company has a 50 day moving average price of $125.65 and a two-hundred day moving average price of $136.33. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.60 and a current ratio of 1.63.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share for the quarter, topping the consensus estimate of $2.91 by $0.35. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The company had revenue of $4.56 billion for the quarter, compared to analysts’ expectations of $4.44 billion. During the same quarter in the previous year, the business posted $3.21 earnings per share. Leidos’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, sell-side analysts anticipate that Leidos will post 12.28 earnings per share for the current fiscal year.

Insider Activity at Leidos

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

Institutional Investors Weigh In On Leidos

Hedge funds have recently bought and sold shares of the stock. California State Teachers Retirement System increased its stake in shares of Leidos by 10,281.2% during the second quarter. California State Teachers Retirement System now owns 20,029,621 shares of the aerospace company’s stock worth $2,062,450,000 after buying an additional 19,836,680 shares during the period. BlackRock Inc. purchased a new stake in Leidos during the second quarter worth approximately $1,024,436,000. State Street Corp lifted its stake in Leidos by 3.7% in the fourth quarter. State Street Corp now owns 6,022,359 shares of the aerospace company’s stock valued at $1,086,434,000 after buying an additional 217,141 shares during the last quarter. Diamant Asset Management Inc. grew its position in Leidos by 16,475.4% during the 1st quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock worth $646,463,000 after purchasing an additional 4,131,706 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Leidos by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 3,538,488 shares of the aerospace company’s stock valued at $636,097,000 after purchasing an additional 64,909 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Company Profile

Leidos Holdings, Inc (NYSE: LDOS) is a technology, engineering and services company that supports government and commercial customers in the defense, intelligence, civil and health markets. The company provides mission-critical solutions involving information technology, cybersecurity, data analytics, artificial intelligence, systems integration, engineering and scientific research.

Its defense and intelligence activities include command-and-control systems, mission software, surveillance and reconnaissance solutions, logistics, aircraft and weapons systems support, and national security services.