Insider Selling: Leidos (NYSE:LDOS) Insider Sells 2,000 Shares of Stock

Leidos Holdings, Inc. (NYSE:LDOS) insider Elizabeth Porter sold 2,000 shares of Leidos stock in a transaction that occurred on Tuesday, April 7th. The shares were sold at an average price of $158.78, for a total value of $317,560.00. Following the completion of the transaction, the insider owned 49,476 shares in the company, valued at $7,855,799.28. This trade represents a 3.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Leidos Price Performance

Shares of Leidos stock traded up $1.58 during trading on Wednesday, reaching $160.45. The company’s stock had a trading volume of 789,366 shares, compared to its average volume of 1,111,486. The company has a quick ratio of 1.58, a current ratio of 1.70 and a debt-to-equity ratio of 0.93. Leidos Holdings, Inc. has a 12-month low of $130.35 and a 12-month high of $205.77. The company has a market capitalization of $20.24 billion, a P/E ratio of 14.42, a price-to-earnings-growth ratio of 1.12 and a beta of 0.65. The business has a 50 day moving average price of $172.71 and a 200-day moving average price of $183.80.

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

Leidos Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 31st. Investors of record on Monday, March 16th were paid a $0.43 dividend. The ex-dividend date was Monday, March 16th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.1%. Leidos’s payout ratio is 15.45%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. Jefferies Financial Group restated a “buy” rating and issued a $215.00 price target on shares of Leidos in a research note on Monday, February 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Leidos in a research note on Monday, December 29th. Wall Street Zen downgraded Leidos from a “strong-buy” rating to a “hold” rating in a research note on Saturday, February 21st. Robert W. Baird decreased their price target on Leidos from $215.00 to $195.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 18th. Finally, Argus upgraded Leidos to a “strong-buy” rating in a research note on Tuesday, March 31st. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.00.

Hedge Funds Weigh In On Leidos

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Rockefeller Capital Management L.P. raised its holdings in Leidos by 2.4% during the fourth quarter. Rockefeller Capital Management L.P. now owns 40,407 shares of the aerospace company’s stock worth $7,290,000 after purchasing an additional 956 shares during the last quarter. World Investment Advisors raised its holdings in Leidos by 24.7% during the fourth quarter. World Investment Advisors now owns 7,090 shares of the aerospace company’s stock worth $1,279,000 after purchasing an additional 1,405 shares during the last quarter. Corient Private Wealth LLC raised its holdings in Leidos by 6.7% during the fourth quarter. Corient Private Wealth LLC now owns 65,609 shares of the aerospace company’s stock worth $11,838,000 after purchasing an additional 4,124 shares during the last quarter. SHP Wealth Management acquired a new position in Leidos during the fourth quarter worth $49,000. Finally, Caitong International Asset Management Co. Ltd raised its holdings in Leidos by 2,367.7% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 765 shares of the aerospace company’s stock worth $138,000 after purchasing an additional 734 shares during the last quarter. 76.12% of the stock is owned by institutional investors and hedge funds.

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.