Private Advisor Group LLC Sells 6,932 Shares of Leidos Holdings, Inc. $LDOS

Private Advisor Group LLC trimmed its holdings in Leidos Holdings, Inc. (NYSE:LDOS) by 67.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,306 shares of the aerospace company’s stock after selling 6,932 shares during the period. Private Advisor Group LLC’s holdings in Leidos were worth $514,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Longview Financial Advisors Inc. bought a new stake in Leidos in the 1st quarter valued at $26,000. JFS Wealth Advisors LLC boosted its position in Leidos by 77.6% during the fourth quarter. JFS Wealth Advisors LLC now owns 151 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 66 shares during the period. Hantz Financial Services Inc. boosted its position in Leidos by 94.7% during the fourth quarter. Hantz Financial Services Inc. now owns 148 shares of the aerospace company’s stock worth $27,000 after purchasing an additional 72 shares during the period. Hilton Head Capital Partners LLC acquired a new position in shares of Leidos in the fourth quarter valued at $28,000. Finally, Rakuten Securities Inc. increased its holdings in shares of Leidos by 110.5% in the fourth quarter. Rakuten Securities Inc. now owns 160 shares of the aerospace company’s stock valued at $29,000 after purchasing an additional 84 shares during the last quarter. 76.12% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Gary Stephen May sold 1,484 shares of the firm’s stock in a transaction on Thursday, May 7th. The stock was sold at an average price of $132.75, for a total value of $197,001.00. Following the transaction, the director owned 10,137 shares in the company, valued at approximately $1,345,686.75. This trade represents a 12.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.77% of the company’s stock.

Leidos Stock Up 0.1%

NYSE LDOS opened at $108.27 on Friday. The company has a current ratio of 1.40, a quick ratio of 1.29 and a debt-to-equity ratio of 1.19. Leidos Holdings, Inc. has a 1-year low of $98.86 and a 1-year high of $205.77. The company has a 50 day moving average of $116.56 and a 200-day moving average of $152.55. The company has a market cap of $13.62 billion, a price-to-earnings ratio of 9.91, a PEG ratio of 1.58 and a beta of 0.54.

Leidos (NYSE:LDOS) last issued its quarterly earnings results on Tuesday, May 5th. The aerospace company reported $3.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.88 by $0.25. Leidos had a return on equity of 31.92% and a net margin of 8.15%.The business had revenue of $4.40 billion during the quarter, compared to analysts’ expectations of $4.28 billion. During the same period in the previous year, the company posted $2.97 earnings per share. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. Leidos has set its FY 2026 guidance at 12.100-12.500 EPS. On average, equities research analysts expect that Leidos Holdings, Inc. will post 12.3 earnings per share for the current fiscal year.

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Monday, June 15th. Leidos’s dividend payout ratio is 15.75%.

Analysts Set New Price Targets

Several brokerages recently commented on LDOS. The Goldman Sachs Group reduced their target price on shares of Leidos from $171.00 to $152.00 and set a “neutral” rating for the company in a report on Tuesday. Jefferies Financial Group lowered their price target on shares of Leidos from $140.00 to $110.00 and set a “hold” rating on the stock in a report on Wednesday, July 1st. BNP Paribas Exane started coverage on shares of Leidos in a research report on Wednesday, May 27th. They set an “outperform” rating and a $165.00 price objective for the company. Argus upgraded Leidos to a “strong-buy” rating in a report on Tuesday, March 31st. Finally, JPMorgan Chase & Co. reduced their price objective on Leidos from $210.00 to $160.00 and set an “overweight” rating for the company in a report on Monday. 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 stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $163.80.

About Leidos

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.