Strategic Global Advisors LLC Purchases 4,730 Shares of Leidos Holdings, Inc. $LDOS

Strategic Global Advisors LLC raised its position in Leidos Holdings, Inc. (NYSE:LDOS) by 8.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 62,718 shares of the aerospace company’s stock after purchasing an additional 4,730 shares during the period. Strategic Global Advisors LLC’s holdings in Leidos were worth $6,458,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of LDOS. Longview Financial Advisors Inc. bought a new position in Leidos during the first quarter worth $26,000. Hantz Financial Services Inc. lifted its holdings in Leidos by 94.7% in the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock valued at $27,000 after buying an additional 72 shares during the period. Hilton Head Capital Partners LLC bought a new stake in Leidos during the fourth quarter valued at $28,000. Kelleher Financial Advisors acquired a new stake in Leidos during the 2nd quarter worth about $28,000. Finally, Wexford Capital LP acquired a new stake in Leidos during the 3rd quarter worth about $32,000. 76.12% of the stock is owned by institutional investors.

Leidos Price Performance

LDOS stock opened at $137.47 on Thursday. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.63 and a quick ratio of 1.60. The company’s 50-day moving average is $118.57 and its 200-day moving average is $139.79. The stock has a market capitalization of $17.25 billion, a PE ratio of 12.82, a price-to-earnings-growth 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.

Leidos (NYSE:LDOS) last issued 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 business had revenue of $4.56 billion during the quarter, compared to analyst estimates of $4.44 billion. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The firm’s revenue was up 7.2% compared to the same quarter last year. During the same period in the previous year, the company posted $3.21 EPS. Leidos has set its FY 2026 guidance at 12.200-12.500 EPS. Equities research analysts expect that Leidos Holdings, Inc. will post 12.38 EPS for the current fiscal year.

Leidos declared that its board has authorized a stock buyback program on Friday, July 31st that allows the company to buyback 20,000,000 outstanding shares. This buyback authorization allows the aerospace company to reacquire shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is 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. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Tuesday, September 15th. Leidos’s dividend payout ratio is presently 16.04%.

Insider Buying and Selling at Leidos

In related news, Director Noel B. Geer sold 10,000 shares of the stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $140.66, for a total value of $1,406,600.00. Following the transaction, 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.77% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on LDOS shares. The Goldman Sachs Group dropped their price objective on Leidos from $152.00 to $132.00 and set a “neutral” rating on the stock in a research note on Wednesday, August 12th. Robert W. Baird set a $150.00 target price on Leidos in a research note on Wednesday, August 5th. Wells Fargo & Company set a $165.00 target price on Leidos in a report on Monday, August 17th. Jefferies Financial Group reissued a “hold” rating and issued a $145.00 price target on shares of Leidos in a research note on Sunday, August 9th. Finally, JPMorgan Chase & Co. cut their price target on Leidos from $210.00 to $160.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, Leidos currently has a consensus rating of “Hold” and a consensus target price 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.