Pure Financial Advisors LLC Makes New $2.17 Million Investment in Leidos Holdings, Inc. $LDOS

Pure Financial Advisors LLC purchased a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 21,077 shares of the aerospace company’s stock, valued at approximately $2,170,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Longview Financial Advisors Inc. purchased a new stake in Leidos in the first quarter valued at approximately $26,000. Hantz Financial Services Inc. increased its holdings in shares of Leidos by 94.7% in the 4th quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock worth $27,000 after buying an additional 72 shares during the last quarter. Hilton Head Capital Partners LLC purchased a new stake in shares of Leidos during the 4th quarter valued at $28,000. Kelleher Financial Advisors purchased a new position in Leidos in the second quarter worth $28,000. Finally, Wexford Capital LP bought a new position in Leidos in the third quarter valued at $32,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Stock Performance

Leidos stock opened at $137.47 on Thursday. The firm has a market cap of $17.25 billion, a P/E ratio of 12.82, a P/E/G ratio of 1.96 and a beta of 0.52. Leidos Holdings, Inc. has a 1-year low of $98.86 and a 1-year high of $205.77. The firm has a 50-day moving average of $118.57 and a 200-day moving average of $139.79. The company has a current ratio of 1.63, a quick ratio of 1.60 and a debt-to-equity ratio of 1.13.

Leidos (NYSE:LDOS) last announced its earnings results on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, beating analysts’ consensus estimates of $2.91 by $0.35. The company had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.44 billion. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The firm’s revenue for the quarter was up 7.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.21 earnings per share. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Sell-side analysts expect that Leidos Holdings, Inc. will post 12.38 EPS for the current year.

Leidos Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors 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 annualized dividend and a dividend yield of 1.3%. Leidos’s payout ratio is currently 16.04%.

Leidos declared that its board has initiated a share repurchase program on Friday, July 31st that permits the company to repurchase 20,000,000 shares. This repurchase authorization permits the aerospace company to reacquire shares of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

LDOS has been the subject of a number of research reports. Stifel Nicolaus cut their price objective on Leidos from $205.00 to $193.00 and set a “hold” rating for the company in a report on Wednesday, May 6th. Truist Financial reduced their price target on shares of Leidos from $195.00 to $160.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. BNP Paribas Exane boosted their price objective on shares of Leidos from $165.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. UBS Group upped their price objective on shares of Leidos from $124.00 to $138.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Finally, Citigroup increased their target price on shares of Leidos from $138.00 to $161.00 and gave the company a “buy” rating in a report on Tuesday, August 11th. One 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’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $162.93.

Insider Transactions at Leidos

In other Leidos news, Director Noel B. 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 sale, the director directly owned 34,274 shares in the company, valued at $4,820,980.84. This trade represents a 22.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 0.77% of the stock is currently owned by insiders.

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.