Jones Financial Companies Lllp Has $4.09 Million Holdings in Leidos Holdings, Inc. $LDOS

Jones Financial Companies Lllp trimmed its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 16.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,160 shares of the aerospace company’s stock after selling 7,918 shares during the quarter. Jones Financial Companies Lllp’s holdings in Leidos were worth $4,087,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Bryn Mawr Trust Advisors LLC raised its stake in Leidos by 4.8% during the 4th quarter. Bryn Mawr Trust Advisors LLC now owns 1,337 shares of the aerospace company’s stock valued at $241,000 after purchasing an additional 61 shares during the last quarter. Cullen Frost Bankers Inc. boosted its holdings in Leidos by 19.4% in the 4th quarter. Cullen Frost Bankers Inc. now owns 381 shares of the aerospace company’s stock valued at $69,000 after purchasing an additional 62 shares during the period. Keybank National Association OH grew its position in Leidos by 3.6% in the 4th quarter. Keybank National Association OH now owns 1,855 shares of the aerospace company’s stock worth $335,000 after purchasing an additional 65 shares during the last quarter. Glenmede Investment Management LP grew its position in Leidos by 3.2% in the 3rd quarter. Glenmede Investment Management LP now owns 2,240 shares of the aerospace company’s stock worth $423,000 after purchasing an additional 69 shares during the last quarter. Finally, HighPoint Advisor Group LLC increased its holdings in shares of Leidos by 0.9% during the 4th quarter. HighPoint Advisor Group LLC now owns 7,635 shares of the aerospace company’s stock worth $1,377,000 after purchasing an additional 70 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Leidos Trading Down 2.1%

Shares of LDOS opened at $138.44 on Tuesday. Leidos Holdings, Inc. has a 1 year low of $98.86 and a 1 year high of $205.77. 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 50 day simple moving average of $117.58 and a 200-day simple moving average of $140.50. The stock has a market cap of $17.37 billion, a PE ratio of 12.91, a PEG ratio of 2.06 and a beta of 0.52.

Leidos (NYSE:LDOS) last posted its earnings results on Tuesday, August 4th. The aerospace company reported $3.26 EPS for the quarter, topping the consensus estimate of $2.91 by $0.35. Leidos had a return on equity of 30.81% and a net margin of 7.80%.The business had revenue of $4.56 billion during the quarter, compared to the consensus estimate of $4.44 billion. During the same quarter last year, the company earned $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. On average, sell-side analysts predict that Leidos Holdings, Inc. will post 12.38 EPS for the current fiscal year.

Leidos announced that its board has authorized a share buyback plan on Friday, July 31st that allows the company to buyback 20,000,000 shares. This buyback authorization allows the aerospace company to repurchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Leidos Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Tuesday, September 15th will be issued a dividend of $0.43 per share. The ex-dividend date of this dividend is Tuesday, September 15th. This represents a $1.72 annualized dividend and a dividend yield of 1.2%. Leidos’s dividend payout ratio (DPR) is presently 16.04%.

Insider Buying and Selling at Leidos

In other news, Director Noel B. Geer sold 10,000 shares of Leidos stock in a transaction that occurred on 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. The trade was a 22.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Citigroup upped their price objective on shares of Leidos from $138.00 to $161.00 and gave the company a “buy” rating in a research report on Tuesday, August 11th. Truist Financial decreased their target price on Leidos from $195.00 to $160.00 and set a “buy” rating on the stock in a research report on Friday, July 10th. Jefferies Financial Group restated a “hold” rating and set a $145.00 price target on shares of Leidos in a research note on Sunday, August 9th. BNP Paribas Exane upped their price target on Leidos from $165.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Finally, Wells Fargo & Company set a $165.00 price objective on Leidos in a research report on Monday, August 17th. One investment 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’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average 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.