Nwam LLC Has $3.59 Million Holdings in Leidos Holdings, Inc. $LDOS

Nwam LLC raised its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 793.9% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,049 shares of the aerospace company’s stock after purchasing an additional 16,918 shares during the period. Nwam LLC’s holdings in Leidos were worth $3,590,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. grew its holdings in shares of Leidos by 3.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 3,528,630 shares of the aerospace company’s stock valued at $556,677,000 after purchasing an additional 111,813 shares during the last quarter. Boston Partners raised its holdings in Leidos by 3.7% in the 2nd quarter. Boston Partners now owns 2,909,142 shares of the aerospace company’s stock valued at $460,203,000 after buying an additional 103,321 shares during the last quarter. Norges Bank acquired a new position in Leidos in the 2nd quarter valued at approximately $261,501,000. Alliancebernstein L.P. grew its stake in shares of Leidos by 64.4% in the second quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company’s stock worth $241,256,000 after purchasing an additional 598,974 shares during the last quarter. Finally, AQR Capital Management LLC raised its position in shares of Leidos by 21.2% during the second quarter. AQR Capital Management LLC now owns 1,433,712 shares of the aerospace company’s stock worth $223,731,000 after acquiring an additional 250,555 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Leidos

In related news, insider Elizabeth A. Porter sold 3,000 shares of the stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $181.04, for a total value of $543,120.00. Following the completion of the transaction, the insider owned 41,575 shares of the company’s stock, valued at approximately $7,526,738. This trade represents a 6.73% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.96% of the company’s stock.

Leidos Stock Performance

Shares of LDOS opened at $192.96 on Friday. The firm has a market capitalization of $24.67 billion, a PE ratio of 18.00, a price-to-earnings-growth ratio of 1.34 and a beta of 0.58. The company has a 50-day simple moving average of $189.16 and a two-hundred day simple moving average of $182.43. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $205.77. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.62 and a quick ratio of 1.50.

Leidos (NYSE:LDOS) last released its earnings results on Tuesday, November 4th. The aerospace company reported $3.05 EPS for the quarter, topping the consensus estimate of $2.61 by $0.44. Leidos had a return on equity of 33.02% and a net margin of 8.11%.The business had revenue of $4.47 billion for the quarter, compared to the consensus estimate of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. On average, analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 31st. Shareholders of record on Monday, December 15th were issued a $0.43 dividend. The ex-dividend date was Monday, December 15th. This represents a $1.72 dividend on an annualized basis and a yield of 0.9%. This is an increase from Leidos’s previous quarterly dividend of $0.40. Leidos’s payout ratio is presently 16.04%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. UBS Group set a $204.00 price target on shares of Leidos in a research report on Thursday. Stifel Nicolaus reaffirmed a “hold” rating and set a $220.00 target price on shares of Leidos in a research report on Wednesday, January 7th. Argus lifted their target price on shares of Leidos from $185.00 to $210.00 and gave the stock a “buy” rating in a research report on Wednesday, September 24th. Truist Financial restated a “buy” rating and set a $220.00 price objective (up previously from $200.00) on shares of Leidos in a report on Tuesday, November 4th. Finally, Cantor Fitzgerald boosted their price target on shares of Leidos from $185.00 to $225.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Nine research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $213.09.

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.