Simplicity Wealth LLC Takes Position in Leidos Holdings, Inc. $LDOS

Simplicity Wealth LLC bought a new stake in Leidos Holdings, Inc. (NYSE:LDOS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 4,993 shares of the aerospace company’s stock, valued at approximately $514,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. N.E.W. Advisory Services LLC bought a new stake in Leidos in the second quarter valued at approximately $41,000. Global Retirement Partners LLC bought a new position in shares of Leidos during the 2nd quarter worth approximately $323,000. Bank of New York Mellon Corp bought a new position in shares of Leidos during the 2nd quarter worth approximately $67,047,000. Focus Partners Advisor Solutions LLC acquired a new position in shares of Leidos during the 2nd quarter worth approximately $372,000. Finally, State of Wyoming acquired a new position in shares of Leidos during the 2nd quarter worth approximately $147,000. Institutional investors own 76.12% of the company’s stock.

Insider Activity at Leidos

In other news, Director Noel B. Geer sold 10,000 shares of the company’s stock in a transaction that occurred on 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 sale, the director owned 34,274 shares of the company’s stock, valued at approximately $4,820,980.84. This represents a 22.59% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 0.77% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on LDOS shares. Stifel Nicolaus cut their price target on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Truist Financial decreased their price objective on shares of Leidos from $195.00 to $160.00 and set a “buy” rating on the stock in a report on Friday, July 10th. Robert W. Baird set a $150.00 price objective on shares of Leidos in a research report on Wednesday, August 5th. Jefferies Financial Group restated a “hold” rating and set a $145.00 target price on shares of Leidos in a research note on Sunday, August 9th. Finally, TD Cowen upped their price target on shares of Leidos from $115.00 to $135.00 and gave the company a “hold” rating in a research note on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Leidos currently has a consensus rating of “Hold” and an average target price of $162.93.

Leidos Stock Performance

LDOS opened at $142.17 on Tuesday. 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 Holdings, Inc. has a 52-week low of $98.86 and a 52-week high of $205.77. The firm has a market cap of $17.84 billion, a P/E ratio of 13.26, a price-to-earnings-growth ratio of 2.09 and a beta of 0.52. The business’s fifty day moving average is $115.42 and its 200-day moving average is $142.11.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, beating 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 business had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.44 billion. During the same quarter in the previous year, the firm earned $3.21 earnings per share. Leidos’s revenue for the quarter was up 7.2% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Sell-side analysts expect that Leidos Holdings, Inc. will post 12.38 EPS for the current fiscal year.

Leidos declared that its Board of Directors has approved a stock repurchase plan on Friday, July 31st that permits the company to buyback 20,000,000 shares. This buyback authorization permits the aerospace company to repurchase shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its shares are undervalued.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a $0.43 dividend. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 annualized dividend and a dividend yield of 1.2%. Leidos’s payout ratio is presently 16.04%.

Leidos Company 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.