Leidos (NYSE:LDOS) Insider Sells $543,120.00 in Stock

Leidos Holdings, Inc. (NYSE:LDOS) insider Elizabeth Porter sold 3,000 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $181.04, for a total value of $543,120.00. Following the completion of the sale, the insider owned 41,575 shares in the company, valued at $7,526,738. This represents a 6.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Leidos Stock Performance

NYSE LDOS opened at $186.71 on Thursday. 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 Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $205.77. The business has a 50 day simple moving average of $189.33 and a two-hundred day simple moving average of $178.12. The stock has a market capitalization of $23.87 billion, a PE ratio of 17.42, a P/E/G ratio of 1.37 and a beta of 0.58.

Leidos (NYSE:LDOS) last issued its quarterly earnings data on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share (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 analysts’ expectations of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. On average, research analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Increases Dividend

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

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $230.00 price target on shares of Leidos in a report on Wednesday, November 5th. Wall Street Zen lowered Leidos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 13th. Truist Financial reiterated a “buy” rating and issued a $220.00 target price (up previously from $200.00) on shares of Leidos in a report on Tuesday, November 4th. Cantor Fitzgerald increased their price target on Leidos from $185.00 to $225.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Finally, Bank of America lifted their price objective on shares of Leidos from $200.00 to $235.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Ten investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Leidos has an average rating of “Moderate Buy” and a consensus target price of $205.42.

Institutional Investors Weigh In On Leidos

A number of institutional investors and hedge funds have recently modified their holdings of LDOS. First Pacific Financial purchased a new stake in Leidos in the second quarter worth $27,000. Mather Group LLC. purchased a new stake in shares of Leidos during the third quarter valued at $28,000. Raleigh Capital Management Inc. bought a new position in shares of Leidos in the second quarter worth about $29,000. True Wealth Design LLC increased its stake in Leidos by 471.4% in the 2nd quarter. True Wealth Design LLC now owns 200 shares of the aerospace company’s stock worth $32,000 after buying an additional 165 shares during the period. Finally, Wexford Capital LP bought a new stake in Leidos during the 3rd quarter valued at about $32,000. 76.12% of the stock is owned by institutional investors.

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.