Spire Wealth Management Acquires 5,751 Shares of Leidos Holdings, Inc. $LDOS

Spire Wealth Management grew its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 1,030.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,309 shares of the aerospace company’s stock after acquiring an additional 5,751 shares during the quarter. Spire Wealth Management’s holdings in Leidos were worth $1,138,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Waldron Private Wealth LLC bought a new stake in Leidos in the 4th quarter valued at $205,000. USA Financial Formulas bought a new position in shares of Leidos during the 4th quarter worth about $647,000. Wedge Capital Management L L P NC increased its holdings in shares of Leidos by 663.3% during the 4th quarter. Wedge Capital Management L L P NC now owns 355,824 shares of the aerospace company’s stock worth $64,191,000 after purchasing an additional 309,206 shares during the period. Fairvoy Private Wealth LLC raised its position in shares of Leidos by 17.3% during the fourth quarter. Fairvoy Private Wealth LLC now owns 13,796 shares of the aerospace company’s stock valued at $2,489,000 after buying an additional 2,034 shares during the last quarter. Finally, Exchange Traded Concepts LLC raised its position in shares of Leidos by 21.7% during the fourth quarter. Exchange Traded Concepts LLC now owns 1,205 shares of the aerospace company’s stock valued at $217,000 after buying an additional 215 shares during the last quarter. Institutional investors and hedge funds own 76.12% of the company’s stock.

Wall Street Analysts Forecast Growth

LDOS has been the topic of a number of recent research reports. UBS Group set a $204.00 target price on Leidos in a research report on Thursday, January 15th. Wall Street Zen downgraded Leidos from a “strong-buy” rating to a “hold” rating in a research report on Saturday, February 21st. Jefferies Financial Group reissued a “buy” rating and set a $215.00 price objective on shares of Leidos in a report on Monday, February 23rd. Royal Bank Of Canada lowered their price objective on Leidos from $230.00 to $215.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 18th. Finally, Robert W. Baird cut their target price on Leidos from $215.00 to $195.00 and set a “neutral” rating for the company in a research note on Wednesday, February 18th. Nine equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $214.18.

Insider Activity

In other news, insider Elizabeth A. Porter sold 3,000 shares of the business’s stock in a transaction on Tuesday, January 20th. The shares were sold at an average price of $192.21, for a total value of $576,630.00. Following the sale, the insider owned 38,575 shares in the company, valued at approximately $7,414,500.75. The trade was a 7.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.77% of the company’s stock.

Leidos Stock Up 0.8%

Shares of LDOS opened at $155.50 on Wednesday. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. The company has a 50-day moving average price of $175.94 and a two-hundred day moving average price of $184.73. The stock has a market cap of $19.61 billion, a price-to-earnings ratio of 13.97, a P/E/G ratio of 1.09 and a beta of 0.63. Leidos Holdings, Inc. has a 12 month low of $128.32 and a 12 month high of $205.77.

Leidos (NYSE:LDOS) last released its quarterly earnings data on Tuesday, February 17th. The aerospace company reported $2.76 earnings per share for the quarter, beating the consensus estimate of $2.57 by $0.19. The company had revenue of $4.88 billion for the quarter, compared to analyst estimates of $4.31 billion. Leidos had a return on equity of 32.95% and a net margin of 8.43%.The company’s revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the company posted $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. Equities analysts predict that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 31st. Shareholders of record on Monday, March 16th were paid a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a yield of 1.1%. The ex-dividend date was Monday, March 16th. Leidos’s dividend payout ratio is currently 15.45%.

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.