Leidos (NYSE:LDOS) Director Gary Stephen May Sells 1,000 Shares of Stock

Leidos Holdings, Inc. (NYSE:LDOS) Director Gary Stephen May sold 1,000 shares of Leidos stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $140.85, for a total transaction of $140,850.00. Following the transaction, the director directly owned 10,204 shares in the company, valued at approximately $1,437,233.40. This represents a 8.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Leidos Stock Performance

LDOS stock opened at $133.65 on Thursday. The firm has a market cap of $16.77 billion, a PE ratio of 12.47, a P/E/G ratio of 1.55 and a beta of 0.56. The company has a quick ratio of 1.60, a current ratio of 1.63 and a debt-to-equity ratio of 1.13. The business has a 50 day moving average of $121.86 and a 200-day moving average of $138.14. Leidos Holdings, Inc. has a 12-month low of $98.86 and a 12-month high of $205.77.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, topping analysts’ consensus estimates of $2.91 by $0.35. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The business had revenue of $4.56 billion for the quarter, compared to analyst estimates of $4.44 billion. During the same period last year, the company posted $3.21 earnings per share. Leidos’s quarterly revenue was up 7.2% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. As a group, sell-side analysts expect that Leidos Holdings, Inc. will post 12.38 earnings per share for the current year.

Leidos Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Tuesday, September 15th. Leidos’s dividend payout ratio (DPR) is 16.04%.

Leidos announced that its board has initiated a share repurchase program on Friday, July 31st that authorizes the company to buyback 20,000,000 shares. This buyback authorization authorizes the aerospace company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Institutional Investors Weigh In On Leidos

Several institutional investors have recently made changes to their positions in LDOS. Longview Financial Advisors Inc. purchased a new position in shares of Leidos in the first quarter valued at $26,000. Hantz Financial Services Inc. lifted its holdings in Leidos by 94.7% during the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 72 shares in the last quarter. Hilton Head Capital Partners LLC purchased a new stake in Leidos during the 4th quarter worth about $28,000. Kelleher Financial Advisors purchased a new stake in Leidos during the 2nd quarter worth about $28,000. Finally, Wexford Capital LP bought a new position in Leidos in the 3rd quarter worth about $32,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Analyst Upgrades and Downgrades

LDOS has been the subject of a number of recent research reports. Truist Financial decreased their target price on Leidos from $195.00 to $160.00 and set a “buy” rating for the company in a research report on Friday, July 10th. Stifel Nicolaus cut their price target on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a research note on Wednesday, May 6th. The Goldman Sachs Group decreased their price objective on Leidos from $152.00 to $132.00 and set a “neutral” rating for the company in a report on Wednesday, August 12th. TD Cowen boosted their price objective on Leidos from $115.00 to $135.00 and gave the company a “hold” rating in a research note on Friday, August 7th. Finally, Royal Bank Of Canada dropped their price objective on shares of Leidos from $180.00 to $170.00 and set an “outperform” rating on the stock in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, Leidos has an average rating of “Hold” and a consensus price target of $162.93.

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.