SVB Wealth LLC Invests $2.19 Million in Leidos Holdings, Inc. $LDOS

SVB Wealth LLC acquired a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 13,848 shares of the aerospace company’s stock, valued at approximately $2,185,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Personal CFO Solutions LLC increased its holdings in Leidos by 2.0% in the 2nd quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock valued at $469,000 after buying an additional 59 shares during the period. Beacon Pointe Advisors LLC boosted its position in shares of Leidos by 3.7% during the 2nd quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock valued at $259,000 after acquiring an additional 59 shares in the last quarter. Quotient Wealth Partners LLC increased its stake in Leidos by 4.3% in the second quarter. Quotient Wealth Partners LLC now owns 1,627 shares of the aerospace company’s stock valued at $257,000 after acquiring an additional 67 shares during the period. REAP Financial Group LLC increased its stake in Leidos by 50.0% in the second quarter. REAP Financial Group LLC now owns 228 shares of the aerospace company’s stock valued at $36,000 after acquiring an additional 76 shares during the period. Finally, Private Trust Co. NA raised its position in Leidos by 35.9% in the second quarter. Private Trust Co. NA now owns 303 shares of the aerospace company’s stock worth $48,000 after purchasing an additional 80 shares in the last quarter. 76.12% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on LDOS shares. Wall Street Zen raised Leidos from a “buy” rating to a “strong-buy” rating in a report on Sunday, November 30th. Argus upped their target price on shares of Leidos from $185.00 to $210.00 and gave the stock a “buy” rating in a report on Wednesday, September 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Leidos in a report on Monday, November 24th. Royal Bank Of Canada restated an “outperform” rating and issued a $230.00 price target on shares of Leidos in a research report on Wednesday, November 5th. Finally, Truist Financial reaffirmed a “buy” rating and set a $220.00 price objective (up previously from $200.00) on shares of Leidos in a report on Tuesday, November 4th. Ten analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $199.23.

Leidos Stock Down 0.7%

Shares of LDOS opened at $185.60 on Tuesday. The business’s fifty day moving average price is $190.86 and its two-hundred day moving average price is $175.15. The firm has a market capitalization of $23.73 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 1.37 and a beta of 0.58. Leidos Holdings, Inc. has a 52 week low of $123.62 and a 52 week high of $205.77. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.61 by $0.44. The business had revenue of $4.47 billion for the quarter, compared to analyst estimates of $4.28 billion. Leidos had a return on equity of 33.02% and a net margin of 8.11%.Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. On average, analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a dividend of $0.43 per share. The ex-dividend date is Monday, December 15th. This represents a $1.72 annualized dividend and a dividend yield of 0.9%. This is a positive change from Leidos’s previous quarterly dividend of $0.40. Leidos’s dividend payout ratio is presently 14.93%.

Leidos Company Profile

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.