Leidos (NYSE:LDOS) Director Gary Stephen May Sells 1,484 Shares

Leidos Holdings, Inc. (NYSE:LDOS) Director Gary Stephen May sold 1,484 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $132.75, for a total transaction of $197,001.00. Following the sale, the director directly owned 10,137 shares in the company, valued at $1,345,686.75. This represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Leidos Stock Performance

NYSE:LDOS opened at $130.02 on Friday. The stock has a market capitalization of $16.36 billion, a P/E ratio of 11.91, a price-to-earnings-growth ratio of 1.67 and a beta of 0.56. The company has a current ratio of 1.40, a quick ratio of 1.58 and a debt-to-equity ratio of 1.19. Leidos Holdings, Inc. has a 1 year low of $127.86 and a 1 year high of $205.77. The firm has a 50 day moving average of $160.15 and a 200-day moving average of $178.21.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, topping 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 business had revenue of $4.40 billion for the quarter, compared to analyst estimates of $4.28 billion. During the same period in the prior year, the company earned $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 anticipate that Leidos Holdings, Inc. will post 12.26 EPS for the current fiscal year.

Leidos Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, June 15th. Leidos’s dividend payout ratio is presently 15.75%.

Wall Street Analyst Weigh In

LDOS has been the topic of several research reports. Wells Fargo & Company began coverage on shares of Leidos in a research report on Wednesday, April 1st. They set an “equal weight” rating and a $165.00 price target on the stock. Jefferies Financial Group set a $185.00 price objective on shares of Leidos in a research report on Wednesday, April 8th. Argus raised shares of Leidos to a “strong-buy” rating in a research note on Tuesday, March 31st. Truist Financial reduced their target price on shares of Leidos from $220.00 to $195.00 and set a “buy” rating on the stock in a research report on Monday, April 20th. Finally, Weiss Ratings cut shares of Leidos from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $193.64.

Institutional Investors Weigh In On Leidos

A number of institutional investors have recently made changes to their positions in LDOS. Diamant Asset Management Inc. lifted its stake in Leidos by 16,475.4% in the first quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company’s stock valued at $646,463,000 after buying an additional 4,131,706 shares during the period. Norges Bank acquired a new position in shares of Leidos during the 4th quarter worth about $318,839,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Leidos during the 3rd quarter worth about $242,464,000. SG Americas Securities LLC increased its stake in shares of Leidos by 998.6% in the 1st quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company’s stock valued at $170,718,000 after acquiring an additional 997,807 shares during the last quarter. Finally, Alliancebernstein L.P. raised its position in shares of Leidos by 64.4% in the 2nd quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock valued at $241,256,000 after acquiring an additional 598,974 shares during the period. 76.12% of the stock is owned by institutional investors and hedge funds.

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.