Leidos (NYSE:LDOS) Director Sells 1,484 Shares

Leidos Holdings, Inc. (NYSE:LDOS - Get Free Report) Director Gary Stephen May sold 1,484 shares of the company's stock in a transaction that occurred on Thursday, May 7th. The shares were sold at an average price of $132.75, for a total transaction of $197,001.00. Following the completion of the sale, the director directly owned 10,137 shares of the company's stock, valued at $1,345,686.75. The trade was a 12.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Leidos Trading Down 0.9%

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Shares of NYSE LDOS opened at $130.02 on Friday. The company's fifty day moving average is $160.15 and its 200-day moving average is $178.21. The stock has a market cap of $16.36 billion, a price-to-earnings ratio of 11.91, a P/E/G ratio of 1.67 and a beta of 0.56. Leidos Holdings, Inc. has a twelve month low of $127.86 and a twelve month high of $205.77. The company has a quick ratio of 1.58, a current ratio of 1.40 and a debt-to-equity ratio of 1.19.

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Leidos (NYSE:LDOS - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The aerospace company reported $3.13 EPS for the quarter, beating analysts' consensus estimates of $2.88 by $0.25. Leidos had a net margin of 8.15% and a return on equity of 31.92%. The business had revenue of $4.40 billion during the quarter, compared to analysts' expectations of $4.28 billion. The firm's quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.97 EPS. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. Equities research analysts predict that Leidos Holdings, Inc. will post 12.26 EPS for the current year.

Leidos Dividend Announcement

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The firm also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.43 dividend. This represents a $1.72 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Monday, June 15th. Leidos's dividend payout ratio is 15.75%.

Hedge Funds Weigh In On Leidos

Hedge funds have recently made changes to their positions in the business. Diamant Asset Management Inc. raised its holdings in shares of Leidos by 16,475.4% in the first quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company's stock valued at $646,463,000 after purchasing an additional 4,131,706 shares during the last quarter. Norges Bank acquired a new position in Leidos during the fourth quarter worth $318,839,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in Leidos in the third quarter valued at $242,464,000. SG Americas Securities LLC grew its position in Leidos by 998.6% in the first quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company's stock valued at $170,718,000 after purchasing an additional 997,807 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in Leidos by 64.4% in the 2nd quarter. Alliancebernstein L.P. now owns 1,529,261 shares of the aerospace company's stock valued at $241,256,000 after buying an additional 598,974 shares during the last quarter. 76.12% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

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Several equities analysts recently issued reports on the company. Royal Bank Of Canada decreased their price objective on Leidos from $215.00 to $180.00 and set an "outperform" rating for the company in a research report on Wednesday. Bank of America dropped their target price on shares of Leidos from $235.00 to $200.00 and set a "buy" rating on the stock in a report on Tuesday, April 21st. Stifel Nicolaus cut their price target on shares of Leidos from $205.00 to $193.00 and set a "hold" rating on the stock in a research note on Wednesday. Jefferies Financial Group set a $185.00 price target on shares of Leidos in a report on Wednesday, April 8th. Finally, Wall Street Zen raised shares of Leidos from a "hold" rating to a "buy" rating in a research report on Saturday, April 18th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $193.64.

Check Out Our Latest Analysis on Leidos

Leidos Company Profile

(Get Free Report)

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.

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