Security National Bank of Sioux City Iowa IA Has $2.25 Million Position in Leidos Holdings, Inc. $LDOS

Security National Bank of Sioux City Iowa IA raised its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 30.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 21,836 shares of the aerospace company’s stock after buying an additional 5,120 shares during the quarter. Security National Bank of Sioux City Iowa IA’s holdings in Leidos were worth $2,248,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in LDOS. SVB Wealth LLC boosted its position in shares of Leidos by 9.5% during the 2nd quarter. SVB Wealth LLC now owns 23,332 shares of the aerospace company’s stock valued at $2,402,000 after acquiring an additional 2,023 shares in the last quarter. Community Bank N.A. increased its stake in Leidos by 100.1% in the second quarter. Community Bank N.A. now owns 10,805 shares of the aerospace company’s stock valued at $1,113,000 after acquiring an additional 5,405 shares during the period. Baird Financial Group Inc. raised its position in Leidos by 5.3% in the second quarter. Baird Financial Group Inc. now owns 83,951 shares of the aerospace company’s stock worth $8,644,000 after purchasing an additional 4,191 shares in the last quarter. Allworth Financial LP raised its position in Leidos by 23.3% in the second quarter. Allworth Financial LP now owns 2,122 shares of the aerospace company’s stock worth $219,000 after purchasing an additional 401 shares in the last quarter. Finally, Arizona State Retirement System lifted its stake in Leidos by 3.9% during the second quarter. Arizona State Retirement System now owns 34,300 shares of the aerospace company’s stock worth $3,532,000 after purchasing an additional 1,277 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Insider Buying and Selling at Leidos

In other news, Director Gary May sold 1,000 shares of the company’s stock in a transaction 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 owned 10,204 shares of the company’s stock, valued at $1,437,233.40. This represents a 8.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Noel Geer sold 10,000 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $140.66, for a total value of $1,406,600.00. Following the completion of the transaction, the director owned 34,274 shares in the company, valued at approximately $4,820,980.84. This represents a 22.59% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 0.77% of the company’s stock.

Leidos Price Performance

Shares of LDOS traded down $3.45 during mid-day trading on Friday, hitting $127.51. 3,278,053 shares of the company traded hands, compared to its average volume of 1,330,859. The company has a current ratio of 1.63, a quick ratio of 1.60 and a debt-to-equity ratio of 1.13. The stock has a market capitalization of $16.00 billion, a price-to-earnings ratio of 11.89, a PEG ratio of 1.45 and a beta of 0.56. The business has a 50-day moving average of $127.47 and a 200 day moving average of $134.87. Leidos Holdings, Inc. has a one year low of $98.86 and a one year high of $205.77.

Leidos (NYSE:LDOS) last posted its quarterly earnings data on Tuesday, August 4th. The aerospace company reported $3.26 earnings per share for the quarter, topping the consensus estimate of $2.91 by $0.35. Leidos had a net margin of 7.80% and a return on equity of 30.81%. The firm had revenue of $4.56 billion during the quarter, compared to analysts’ expectations of $4.44 billion. During the same quarter in the previous year, the company posted $3.21 EPS. Leidos’s revenue was up 7.2% on a year-over-year basis. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. As a group, equities analysts expect that Leidos Holdings, Inc. will post 12.28 earnings per share for the current fiscal year.

Leidos announced that its Board of Directors has approved a stock repurchase program on Friday, July 31st that allows the company to buyback 20,000,000 shares. This buyback authorization allows the aerospace company to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be given a dividend of $0.43 per share. The ex-dividend date is Tuesday, September 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.3%. Leidos’s payout ratio is presently 16.04%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. Wells Fargo & Company set a $165.00 price objective on Leidos in a report on Monday, August 17th. The Goldman Sachs Group dropped their target price on Leidos from $152.00 to $132.00 and set a “neutral” rating for the company in a report on Wednesday, August 12th. Jefferies Financial Group restated a “hold” rating and set a $145.00 target price on shares of Leidos in a research report on Sunday, August 9th. TD Cowen reaffirmed a “hold” rating and issued a $135.00 price target on shares of Leidos in a research note on Tuesday, September 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Leidos in a research report on Friday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $163.60.

Leidos Profile

Leidos Holdings, Inc (NYSE: LDOS) is a technology, engineering and services company that supports government and commercial customers in the defense, intelligence, civil and health markets. The company provides mission-critical solutions involving information technology, cybersecurity, data analytics, artificial intelligence, systems integration, engineering and scientific research.

Its defense and intelligence activities include command-and-control systems, mission software, surveillance and reconnaissance solutions, logistics, aircraft and weapons systems support, and national security services.