Leidos Holdings, Inc. $LDOS Shares Sold by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc lowered its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 14.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,657 shares of the aerospace company’s stock after selling 7,969 shares during the period. Leidos comprises 0.8% of Marks Group Wealth Management Inc’s investment portfolio, making the stock its 26th biggest position. Marks Group Wealth Management Inc’s holdings in Leidos were worth $8,778,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of LDOS. Focus Partners Wealth raised its position in Leidos by 46.5% in the 1st quarter. Focus Partners Wealth now owns 3,073 shares of the aerospace company’s stock valued at $415,000 after purchasing an additional 976 shares in the last quarter. Marshall Wace LLP raised its position in Leidos by 86.3% in the 2nd quarter. Marshall Wace LLP now owns 14,250 shares of the aerospace company’s stock valued at $2,248,000 after purchasing an additional 6,600 shares in the last quarter. Cresset Asset Management LLC raised its position in Leidos by 2.7% in the 2nd quarter. Cresset Asset Management LLC now owns 3,399 shares of the aerospace company’s stock valued at $536,000 after purchasing an additional 90 shares in the last quarter. Cerity Partners LLC raised its position in Leidos by 20.2% in the 2nd quarter. Cerity Partners LLC now owns 41,405 shares of the aerospace company’s stock valued at $6,532,000 after purchasing an additional 6,962 shares in the last quarter. Finally, Natixis raised its position in Leidos by 222.3% in the 2nd quarter. Natixis now owns 8,155 shares of the aerospace company’s stock valued at $1,287,000 after purchasing an additional 5,625 shares in the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Wall Street Analyst Weigh In

LDOS has been the topic of a number of recent analyst reports. Citigroup dropped their price objective on Leidos from $232.00 to $178.00 and set a “buy” rating on the stock in a report on Thursday, May 7th. Stifel Nicolaus dropped their price objective on Leidos from $205.00 to $193.00 and set a “hold” rating on the stock in a report on Wednesday, May 6th. Wells Fargo & Company initiated coverage on Leidos in a report on Wednesday, April 1st. They issued an “equal weight” rating and a $165.00 price objective on the stock. Truist Financial dropped their price objective on Leidos from $220.00 to $195.00 and set a “buy” rating on the stock in a report on Monday, April 20th. Finally, Argus upgraded Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $187.50.

Insider Buying and Selling

In related news, Director Gary Stephen May sold 1,484 shares of the firm’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total transaction of $197,001.00. Following the transaction, the director owned 10,137 shares in the company, valued at $1,345,686.75. This trade represents a 12.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Elizabeth A. Porter sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 7th. The stock was sold at an average price of $158.78, for a total value of $317,560.00. Following the transaction, the insider owned 49,476 shares in the company, valued at $7,855,799.28. This represents a 3.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.77% of the company’s stock.

Leidos Trading Down 1.4%

LDOS opened at $122.70 on Tuesday. Leidos Holdings, Inc. has a one year low of $121.20 and a one year high of $205.77. The company has a market cap of $15.43 billion, a P/E ratio of 11.24, a PEG ratio of 1.58 and a beta of 0.51. The company has a debt-to-equity ratio of 1.19, a quick ratio of 1.29 and a current ratio of 1.40. The business’s 50-day simple moving average is $140.60 and its 200-day simple moving average is $167.99.

Leidos (NYSE:LDOS) last released its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.88 by $0.25. The firm had revenue of $4.40 billion for the quarter, compared to the consensus estimate of $4.28 billion. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter last year, the business posted $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. As a group, equities research analysts expect that Leidos Holdings, Inc. will post 12.25 EPS for the current fiscal year.

Leidos Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, June 15th. Leidos’s dividend payout ratio (DPR) is currently 15.75%.

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.