Marks Group Wealth Management Inc Sells 4,358 Shares of Leidos Holdings, Inc. $LDOS

Marks Group Wealth Management Inc decreased its position in Leidos Holdings, Inc. (NYSE:LDOS) by 7.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 56,626 shares of the aerospace company’s stock after selling 4,358 shares during the period. Leidos makes up approximately 1.0% of Marks Group Wealth Management Inc’s holdings, making the stock its 18th biggest position. Marks Group Wealth Management Inc’s holdings in Leidos were worth $10,700,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of LDOS. Harbor Capital Advisors Inc. raised its holdings in Leidos by 2.7% in the third quarter. Harbor Capital Advisors Inc. now owns 2,203 shares of the aerospace company’s stock worth $416,000 after buying an additional 57 shares during the last quarter. Personal CFO Solutions LLC increased its position in shares of Leidos by 2.0% during the second quarter. Personal CFO Solutions LLC now owns 2,974 shares of the aerospace company’s stock valued at $469,000 after acquiring an additional 59 shares in the last quarter. Beacon Pointe Advisors LLC raised its holdings in Leidos by 3.7% in the 2nd quarter. Beacon Pointe Advisors LLC now owns 1,639 shares of the aerospace company’s stock worth $259,000 after acquiring an additional 59 shares during the last quarter. Atlantic Union Bankshares Corp lifted its position in Leidos by 0.7% in the 3rd quarter. Atlantic Union Bankshares Corp now owns 8,243 shares of the aerospace company’s stock valued at $1,558,000 after acquiring an additional 61 shares in the last quarter. Finally, CX Institutional boosted its stake in Leidos by 4.3% during the 3rd quarter. CX Institutional now owns 1,503 shares of the aerospace company’s stock valued at $284,000 after purchasing an additional 62 shares during the last quarter. 76.12% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

LDOS has been the subject of several recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Leidos in a research note on Monday, December 29th. Bank of America boosted their target price on Leidos from $200.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Citigroup upped their target price on shares of Leidos from $218.00 to $232.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Wall Street Zen lowered shares of Leidos from a “strong-buy” rating to a “hold” rating in a research note on Saturday. Finally, Truist Financial restated a “buy” rating and issued a $220.00 price target (up from $200.00) on shares of Leidos in a research note on Tuesday, November 4th. Nine investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Leidos has a consensus rating of “Moderate Buy” and an average target price of $213.27.

Insider Activity

In related news, insider Elizabeth A. Porter sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, January 20th. The stock was sold at an average price of $192.21, for a total transaction of $576,630.00. Following the completion of the transaction, the insider directly 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 legal filing with the SEC, which can be accessed through this link. Company insiders own 0.69% of the company’s stock.

Leidos Stock Down 1.6%

LDOS opened at $173.48 on Monday. Leidos Holdings, Inc. has a 1-year low of $123.62 and a 1-year high of $205.77. The firm’s 50 day simple moving average is $186.57 and its two-hundred day simple moving average is $186.77. The company has a current ratio of 1.70, a quick ratio of 1.58 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $21.93 billion, a PE ratio of 15.59, a PEG ratio of 1.22 and a beta of 0.59.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, February 17th. The aerospace company reported $2.76 EPS for the quarter, topping analysts’ consensus estimates of $2.57 by $0.19. The company had revenue of $4.21 billion for the quarter, compared to analysts’ expectations of $4.31 billion. Leidos had a return on equity of 32.95% and a net margin of 8.43%.Leidos’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period last year, the firm earned $2.37 EPS. Leidos has set its FY 2026 guidance at 12.050-12.450 EPS. As a group, equities analysts forecast that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Monday, March 16th will be given a dividend of $0.43 per share. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, March 16th. Leidos’s payout ratio is presently 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.