Key Points
- Leidos director Noel Geer sold 10,000 shares at an average price of $140.66, generating $1.41 million and reducing his direct ownership by 22.59% to 34,274 shares.
- Leidos reported quarterly EPS of $3.26, exceeding estimates of $2.91, while revenue rose 7.2% year over year to $4.56 billion. The company issued fiscal 2026 EPS guidance of $12.20–$12.50.
- The board authorized a buyback of up to 20 million shares, and Leidos declared a quarterly dividend of $0.43 per share. Analysts maintain a consensus “Hold” rating with an average price target of $160.27.
Leidos Holdings, Inc. (NYSE:LDOS - Get Free Report) Director Noel Geer sold 10,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total transaction of $1,406,600.00. Following the completion of the transaction, the director directly owned 34,274 shares in the company, valued at $4,820,980.84. This trade represents a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
Leidos Trading Up 1.7%
Shares of Leidos stock opened at $142.70 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. The stock's 50 day simple moving average is $114.64 and its 200-day simple moving average is $142.75. The stock has a market cap of $17.91 billion, a P/E ratio of 13.31, a P/E/G ratio of 2.04 and a beta of 0.52. Leidos Holdings, Inc. has a 1-year low of $98.86 and a 1-year high of $205.77.
Leidos (NYSE:LDOS - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, topping analysts' consensus estimates of $2.91 by $0.35. The firm had revenue of $4.56 billion for the quarter, compared to the consensus estimate of $4.44 billion. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The firm's revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the business posted $3.21 earnings per share. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Analysts predict that Leidos Holdings, Inc. will post 12.38 EPS for the current fiscal year.
Leidos declared that its board has approved a stock repurchase program 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 programs are often an indication that the company's leadership believes its shares are undervalued.
Leidos Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. 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 currently 16.04%.
Hedge Funds Weigh In On Leidos
A number of hedge funds have recently made changes to their positions in LDOS. BlackRock Inc. acquired a new stake in Leidos in the 2nd quarter valued at approximately $1,024,436,000. Diamant Asset Management Inc. lifted its stake in Leidos by 16,475.4% during the first quarter. Diamant Asset Management Inc. now owns 4,156,784 shares of the aerospace company's stock worth $646,463,000 after purchasing an additional 4,131,706 shares in the last quarter. Norges Bank acquired a new position in Leidos during the fourth quarter worth $318,839,000. SG Americas Securities LLC boosted its position in shares of Leidos by 998.6% during the first quarter. SG Americas Securities LLC now owns 1,097,724 shares of the aerospace company's stock worth $170,718,000 after buying an additional 997,807 shares during the period. Finally, Deutsche Bank AG purchased a new position in shares of Leidos during the second quarter worth $68,998,000. Hedge funds and other institutional investors own 76.12% of the company's stock.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the stock. Royal Bank Of Canada dropped their price objective on shares of Leidos from $180.00 to $170.00 and set an "outperform" rating for the company in a report on Wednesday, August 5th. JPMorgan Chase & Co. reduced their target price on shares of Leidos from $210.00 to $160.00 and set an "overweight" rating on the stock in a research note on Monday, July 13th. Weiss Ratings lowered shares of Leidos from a "hold (c+)" rating to a "hold (c)" rating in a report on Monday, June 8th. Bank of America reissued a "neutral" rating and issued a $125.00 price target (down from $200.00) on shares of Leidos in a research note on Wednesday, June 17th. Finally, Wall Street Zen upgraded shares of Leidos from a "hold" rating to a "buy" rating in a report on Thursday, July 16th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $160.27.
Check Out Our Latest Analysis on LDOS
About Leidos
(
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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