Thrivent Financial for Lutherans Decreases Stock Holdings in Leidos Holdings, Inc. $LDOS

Thrivent Financial for Lutherans reduced its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 3.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 592,535 shares of the aerospace company’s stock after selling 20,876 shares during the period. Thrivent Financial for Lutherans owned 0.46% of Leidos worth $111,964,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Harbor Capital Advisors Inc. lifted its holdings in Leidos by 2.7% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 2,203 shares of the aerospace company’s stock worth $416,000 after buying an additional 57 shares during the period. Personal CFO Solutions LLC raised its holdings in shares of Leidos by 2.0% during the second quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock valued at $469,000 after acquiring an additional 59 shares in the last quarter. Beacon Pointe Advisors LLC lifted its stake in Leidos by 3.7% in the second quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock worth $259,000 after acquiring an additional 59 shares during the period. CX Institutional increased its position in Leidos by 4.3% during the 3rd quarter. CX Institutional now owns 1,503 shares of the aerospace company’s stock valued at $284,000 after purchasing an additional 62 shares during the period. Finally, Quotient Wealth Partners LLC lifted its position in shares of Leidos by 4.3% in the 2nd quarter. Quotient Wealth Partners LLC now owns 1,627 shares of the aerospace company’s stock worth $257,000 after purchasing an additional 67 shares during the period. 76.12% of the stock is owned by institutional investors.

Insider Transactions at Leidos

In other news, insider Elizabeth A. Porter sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total transaction of $576,630.00. Following the sale, the insider owned 38,575 shares of the company’s stock, valued at $7,414,500.75. This trade represents a 7.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 0.96% of the company’s stock.

Leidos Stock Performance

Shares of LDOS opened at $188.05 on Friday. The company has a market cap of $24.04 billion, a price-to-earnings ratio of 17.54, a P/E/G ratio of 1.30 and a beta of 0.58. The business’s fifty day simple moving average is $188.94 and its two-hundred day simple moving average is $184.73. Leidos Holdings, Inc. has a 12 month low of $123.62 and a 12 month high of $205.77. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 0.94.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.61 by $0.44. Leidos had a return on equity of 33.02% and a net margin of 8.11%.The firm 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. Research analysts anticipate that Leidos Holdings, Inc. will post 10.62 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages have commented on LDOS. Cantor Fitzgerald raised their price objective on shares of Leidos from $185.00 to $225.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. UBS Group set a $204.00 target price on Leidos in a research report on Thursday, January 15th. Truist Financial restated a “buy” rating and set a $220.00 price target (up from $200.00) on shares of Leidos in a research report on Tuesday, November 4th. Weiss Ratings reiterated a “buy (b)” rating on shares of Leidos in a report on Monday, December 29th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $230.00 price objective on shares of Leidos in a research report on Wednesday, November 5th. Nine equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $213.09.

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.