Leidos Holdings, Inc. $LDOS Shares Purchased by National Pension Service

National Pension Service increased its stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 2.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 58,481 shares of the aerospace company’s stock after purchasing an additional 1,613 shares during the period. National Pension Service’s holdings in Leidos were worth $9,226,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LDOS. MCF Advisors LLC acquired a new position in Leidos during the first quarter worth $27,000. First Pacific Financial purchased a new stake in shares of Leidos in the 2nd quarter valued at $27,000. Raleigh Capital Management Inc. acquired a new position in Leidos during the 2nd quarter worth about $29,000. True Wealth Design LLC lifted its stake in Leidos by 471.4% during the 2nd quarter. True Wealth Design LLC now owns 200 shares of the aerospace company’s stock worth $32,000 after acquiring an additional 165 shares in the last quarter. Finally, Zions Bancorporation National Association UT purchased a new position in Leidos during the 1st quarter valued at about $33,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Trading Down 0.1%

NYSE LDOS opened at $191.09 on Friday. The company has a quick ratio of 1.50, a current ratio of 1.62 and a debt-to-equity ratio of 0.94. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week high of $205.77. The stock has a market capitalization of $24.43 billion, a PE ratio of 17.83, a price-to-earnings-growth ratio of 1.40 and a beta of 0.69. The firm has a 50 day moving average of $189.41 and a two-hundred day moving average of $171.03.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share for the quarter, beating analysts’ consensus estimates of $2.61 by $0.44. The business had revenue of $4.47 billion for the quarter, compared to analyst estimates of $4.28 billion. Leidos had a net margin of 8.11% and a return on equity of 33.02%. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. As a group, research analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th will be issued a dividend of $0.43 per share. This is a positive change from Leidos’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.72 dividend on an annualized basis and a yield of 0.9%. Leidos’s dividend payout ratio (DPR) is presently 14.93%.

Insider Activity

In other news, insider Stephen Edward Hull sold 12,497 shares of the company’s stock in a transaction dated Thursday, September 4th. The stock was sold at an average price of $178.14, for a total transaction of $2,226,215.58. Following the completion of the transaction, the insider directly owned 25,817 shares of the company’s stock, valued at approximately $4,599,040.38. This represents a 32.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 0.96% of the company’s stock.

Wall Street Analyst Weigh In

LDOS has been the topic of a number of recent research reports. Royal Bank Of Canada reiterated an “outperform” rating and set a $230.00 price target on shares of Leidos in a research note on Wednesday, November 5th. Argus lifted their price objective on shares of Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a report on Wednesday, September 24th. Truist Financial reaffirmed a “buy” rating and set a $220.00 target price (up from $200.00) on shares of Leidos in a research note on Tuesday, November 4th. Wall Street Zen upgraded shares of Leidos from a “buy” rating to a “strong-buy” rating in a report on Saturday, November 8th. Finally, Cantor Fitzgerald boosted their price target on shares of Leidos from $185.00 to $225.00 and gave the stock an “overweight” rating in a research note on Friday, October 31st. Ten investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $199.23.

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.