Chicago Partners Investment Group LLC Takes Position in Leidos Holdings, Inc. $LDOS

Chicago Partners Investment Group LLC acquired a new stake in shares of Leidos Holdings, Inc. (NYSE:LDOS) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 1,678 shares of the aerospace company’s stock, valued at approximately $275,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in LDOS. MCF Advisors LLC purchased a new stake in shares of Leidos during the 1st quarter valued at $27,000. First Pacific Financial purchased a new stake in shares of Leidos during the 2nd quarter valued at $27,000. Raleigh Capital Management Inc. purchased a new stake in shares of Leidos during the 2nd quarter valued at $29,000. Optimum Investment Advisors increased its position in shares of Leidos by 260.0% in the 1st quarter. Optimum Investment Advisors now owns 234 shares of the aerospace company’s stock valued at $32,000 after acquiring an additional 169 shares during the period. Finally, Zions Bancorporation National Association UT acquired a new position in shares of Leidos in the 1st quarter valued at $33,000. Hedge funds and other institutional investors own 76.12% of the company’s stock.

Leidos Price Performance

Shares of LDOS opened at $189.80 on Friday. The business’s 50-day moving average is $185.55 and its two-hundred day moving average is $165.44. The company has a market capitalization of $24.35 billion, a P/E ratio of 17.94, a P/E/G ratio of 1.79 and a beta of 0.71. The company has a debt-to-equity ratio of 1.06, a quick ratio of 1.50 and a current ratio of 1.62. Leidos Holdings, Inc. has a fifty-two week low of $123.62 and a fifty-two week high of $202.90.

Leidos (NYSE:LDOS) last announced its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share for the quarter, topping the consensus estimate of $2.63 by $0.58. The company had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $4.24 billion. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The firm’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period last year, the firm earned $2.63 EPS. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. Research analysts predict that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, September 30th. Stockholders of record on Monday, September 15th were paid a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend was Monday, September 15th. Leidos’s dividend payout ratio is presently 15.12%.

Insider Transactions at Leidos

In other news, Director Gary Stephen May sold 2,000 shares of the stock in a transaction dated Monday, August 11th. The shares were sold at an average price of $178.05, for a total transaction of $356,100.00. Following the sale, the director directly owned 10,137 shares of the company’s stock, valued at $1,804,892.85. This represents a 16.48% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Gregory R. Dahlberg sold 952 shares of the stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $168,913.36. Following the sale, the director directly owned 21,068 shares in the company, valued at approximately $3,738,095.24. The trade was a 4.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 22,975 shares of company stock valued at $4,078,740 in the last ninety days. 0.96% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LDOS. Truist Financial set a $195.00 target price on Leidos in a research report on Tuesday, September 30th. Jefferies Financial Group raised Leidos from a “hold” rating to a “buy” rating and upped their target price for the company from $185.00 to $205.00 in a research report on Wednesday, August 6th. Royal Bank Of Canada raised Leidos from a “hold” rating to a “moderate buy” rating in a research report on Thursday, September 4th. Weiss Ratings reissued a “buy (b-)” rating on shares of Leidos in a research report on Wednesday, October 8th. Finally, Wall Street Zen downgraded Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $188.31.

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.