Leidos Holdings, Inc. $LDOS Shares Sold by Paralel Advisors LLC

Paralel Advisors LLC lessened its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 25.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 14,853 shares of the aerospace company’s stock after selling 4,971 shares during the period. Paralel Advisors LLC’s holdings in Leidos were worth $1,529,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Longview Financial Advisors Inc. acquired a new position in Leidos during the 1st quarter valued at about $26,000. Hantz Financial Services Inc. raised its stake in Leidos by 94.7% in the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after buying an additional 72 shares during the last quarter. Hilton Head Capital Partners LLC acquired a new stake in Leidos in the fourth quarter worth about $28,000. Kelleher Financial Advisors purchased a new stake in shares of Leidos during the second quarter worth about $28,000. Finally, Rakuten Securities Inc. grew its stake in shares of Leidos by 110.5% during the fourth quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock worth $29,000 after acquiring an additional 84 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Stock Performance

Shares of NYSE LDOS opened at $141.34 on Friday. The company has a market capitalization of $17.74 billion, a PE ratio of 13.18, a price-to-earnings-growth ratio of 2.13 and a beta of 0.52. The company has a debt-to-equity ratio of 1.13, a quick ratio of 1.60 and a current ratio of 1.63. The company’s fifty day moving average price is $116.71 and its 200 day moving average price is $141.19. Leidos Holdings, Inc. has a 1 year low of $98.86 and a 1 year high of $205.77.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share for the quarter, beating analysts’ consensus estimates of $2.91 by $0.35. The company had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.44 billion. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $3.21 earnings per share. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. On average, research analysts predict that Leidos Holdings, Inc. will post 12.38 earnings per share for the current year.

Leidos Dividend Announcement

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

Leidos declared that its Board of Directors has authorized a stock buyback program on Friday, July 31st that allows the company to buyback 20,000,000 shares. This buyback authorization allows the aerospace company to repurchase shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its stock is undervalued.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on LDOS shares. Weiss Ratings downgraded shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 8th. Stifel Nicolaus dropped their target price on shares of Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a research report on Wednesday, May 6th. Wells Fargo & Company set a $165.00 price target on shares of Leidos in a research note on Monday. Wall Street Zen upgraded shares of Leidos from a “hold” rating to a “buy” rating in a research note on Thursday, July 16th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and issued a $145.00 price target on shares of Leidos in a report on Sunday, August 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $162.93.

Insiders Place Their Bets

In related news, Director Noel B. Geer sold 10,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, 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 transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.77% of the company’s stock.

Leidos 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.