Sanctuary Advisors LLC Decreases Stock Holdings in Leidos Holdings, Inc. $LDOS

Sanctuary Advisors LLC lowered its stake in Leidos Holdings, Inc. (NYSE:LDOS) by 33.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 12,414 shares of the aerospace company’s stock after selling 6,109 shares during the quarter. Sanctuary Advisors LLC’s holdings in Leidos were worth $1,278,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in LDOS. Longview Financial Advisors Inc. purchased a new position in shares of Leidos in the 1st quarter worth $26,000. Hantz Financial Services Inc. lifted its holdings 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 acquiring an additional 72 shares during the period. Hilton Head Capital Partners LLC bought a new position in Leidos in the fourth quarter valued at about $28,000. Kelleher Financial Advisors purchased a new position in Leidos in the second quarter worth about $28,000. Finally, Wexford Capital LP purchased a new position in Leidos in the third quarter worth about $32,000. 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 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 $4,820,980.84. This represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.77% of the stock is owned by insiders.

Leidos Price Performance

Shares of NYSE:LDOS opened at $139.85 on Friday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.63 and a quick ratio of 1.60. Leidos Holdings, Inc. has a 1-year low of $98.86 and a 1-year high of $205.77. The company has a market capitalization of $17.55 billion, a P/E ratio of 13.05, a P/E/G ratio of 2.00 and a beta of 0.52. The firm’s 50 day simple moving average is $119.23 and its two-hundred day simple moving average is $139.41.

Leidos (NYSE:LDOS) last announced its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.91 by $0.35. The firm 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 company’s revenue for the quarter was up 7.2% compared to the same quarter last year. During the same period in the prior year, the company posted $3.21 earnings per share. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Research analysts expect that Leidos Holdings, Inc. will post 12.38 EPS for the current fiscal year.

Leidos announced that its board has initiated a stock repurchase plan on Friday, July 31st that authorizes the company to buyback 20,000,000 outstanding shares. This buyback authorization authorizes the aerospace company to buy shares of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Leidos Dividend Announcement

The firm also recently disclosed 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. 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 presently 16.04%.

Analyst Ratings Changes

Several research firms have recently commented on LDOS. Robert W. Baird set a $150.00 price target on shares of Leidos in a research report on Wednesday, August 5th. UBS Group raised their price objective on shares of Leidos from $124.00 to $138.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Weiss Ratings lowered shares of Leidos from a “hold (c+)” rating to a “hold (c)” rating in a research report on Monday, June 8th. Jefferies Financial Group reaffirmed a “hold” rating and set a $145.00 target price on shares of Leidos in a report on Sunday, August 9th. Finally, Royal Bank Of Canada decreased their price target on shares of Leidos from $180.00 to $170.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Leidos presently has an average rating of “Hold” and an average price target of $162.93.

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.