Leidos Holdings, Inc. $LDOS Shares Sold by Arkadios Wealth Advisors

Arkadios Wealth Advisors cut its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 0.3% in the second quarter, Holdings Channel reports. The firm owned 20,326 shares of the aerospace company’s stock after selling 63 shares during the period. Arkadios Wealth Advisors’ holdings in Leidos were worth $3,207,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. MCF Advisors LLC acquired a new stake in Leidos in the 1st quarter worth approximately $27,000. First Pacific Financial acquired a new stake in Leidos in the 2nd quarter worth approximately $27,000. Raleigh Capital Management Inc. acquired a new stake in Leidos in the 2nd quarter worth approximately $29,000. Optimum Investment Advisors boosted its stake in Leidos by 260.0% in the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock worth $32,000 after purchasing an additional 169 shares in the last quarter. Finally, Zions Bancorporation National Association UT acquired a new stake in Leidos in the 1st quarter worth approximately $33,000. 76.12% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Royal Bank Of Canada upgraded shares of Leidos from a “hold” rating to a “moderate buy” rating in a research note on Thursday, September 4th. Argus lifted their price objective on shares of Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Wall Street Zen cut shares of Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, August 9th. Weiss Ratings restated a “buy (b-)” rating on shares of Leidos in a research note on Wednesday, October 8th. Finally, Truist Financial set a $195.00 price objective on shares of Leidos in a research note on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $188.31.

Leidos Price Performance

NYSE:LDOS opened at $188.24 on Thursday. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.62 and a quick ratio of 1.50. The firm has a market cap of $24.15 billion, a price-to-earnings ratio of 17.79, a price-to-earnings-growth ratio of 1.76 and a beta of 0.71. The company has a 50 day moving average price of $186.12 and a 200-day moving average price of $166.85. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $202.90.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share for the quarter, beating the consensus estimate of $2.63 by $0.58. The firm had revenue of $4.25 billion during the quarter, compared to analyst estimates of $4.24 billion. Leidos had a net margin of 8.22% and a return on equity of 33.57%. The business’s quarterly revenue was up 2.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.63 EPS. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Equities research analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, September 15th. Leidos’s payout ratio is 15.12%.

Insider Activity

In other news, Director Gregory R. Dahlberg sold 952 shares of Leidos stock in a transaction that occurred on Monday, August 11th. The shares were sold at an average price of $177.43, for a total transaction of $168,913.36. Following the completion of the transaction, the director directly owned 21,068 shares of the company’s stock, valued at $3,738,095.24. The trade was a 4.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Gary Stephen May sold 2,000 shares of the business’s stock in a transaction on Monday, August 11th. The stock was sold at an average price of $178.05, for a total transaction of $356,100.00. Following the completion of the sale, the director directly owned 10,137 shares of the company’s stock, valued at approximately $1,804,892.85. The trade was a 16.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 22,975 shares of company stock valued at $4,078,740 in the last three months. 0.96% of the stock is currently owned by corporate insiders.

About Leidos

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.