ORG Wealth Partners LLC Has $96,000 Holdings in Leidos Holdings, Inc. (NYSE:LDOS)

11 Jan 2025, 10:27 by Sarita Garza · The Markets Daily

ORG Wealth Partners LLC lessened its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS – Free Report) by 11.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 666 shares of the aerospace company’s stock after selling 82 shares during the quarter. ORG Wealth Partners LLC’s holdings in Leidos were worth $96,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. State Street Corp increased its position in Leidos by 1.0% during the third quarter. State Street Corp now owns 5,800,357 shares of the aerospace company’s stock worth $945,458,000 after buying an additional 56,066 shares during the last quarter. JPMorgan Chase & Co. increased its position in Leidos by 13.1% during the third quarter. JPMorgan Chase & Co. now owns 3,504,392 shares of the aerospace company’s stock worth $571,216,000 after buying an additional 405,256 shares during the last quarter. Geode Capital Management LLC increased its position in Leidos by 1.3% during the third quarter. Geode Capital Management LLC now owns 3,365,903 shares of the aerospace company’s stock worth $546,912,000 after buying an additional 42,358 shares during the last quarter. FMR LLC increased its position in Leidos by 27.8% during the third quarter. FMR LLC now owns 2,405,726 shares of the aerospace company’s stock worth $392,133,000 after buying an additional 522,764 shares during the last quarter. Finally, Massachusetts Financial Services Co. MA boosted its holdings in shares of Leidos by 2.5% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,153,420 shares of the aerospace company’s stock worth $351,007,000 after acquiring an additional 53,307 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Insider Transactions at Leidos

In related news, Director Noel B. Geer purchased 2,000 shares of the stock in a transaction dated Wednesday, November 20th. The stock was bought at an average cost of $161.13 per share, for a total transaction of $322,260.00. Following the completion of the acquisition, the director now owns 2,000 shares of the company’s stock, valued at approximately $322,260. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert C. Kovarik, Jr. sold 1,047 shares of the company’s stock in a transaction dated Thursday, October 31st. The shares were sold at an average price of $184.94, for a total value of $193,632.18. Following the completion of the sale, the director now owns 6,408 shares in the company, valued at $1,185,095.52. This trade represents a 14.04 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 0.96% of the company’s stock.

Analysts Set New Price Targets

LDOS has been the subject of a number of research analyst reports. TD Cowen cut Leidos from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $200.00 to $165.00 in a report on Wednesday. The Goldman Sachs Group cut Leidos from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $228.00 to $153.00 in a report on Thursday, December 12th. Barclays boosted their price objective on Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a report on Monday, November 4th. Wells Fargo & Company reduced their price objective on Leidos from $205.00 to $199.00 and set an “overweight” rating for the company in a report on Wednesday. Finally, Robert W. Baird boosted their price objective on Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th. Five analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $179.07.

View Our Latest Report on Leidos

Leidos Stock Up 2.5 %

NYSE LDOS opened at $149.38 on Friday. The business has a fifty day moving average price of $160.84 and a two-hundred day moving average price of $157.68. The company has a debt-to-equity ratio of 0.87, a current ratio of 1.23 and a quick ratio of 1.15. Leidos Holdings, Inc. has a fifty-two week low of $107.73 and a fifty-two week high of $202.90. The stock has a market capitalization of $19.93 billion, a PE ratio of 17.01, a PEG ratio of 1.04 and a beta of 0.66.

Leidos (NYSE:LDOS – Get Free Report) last released its earnings results on Tuesday, October 29th. The aerospace company reported $2.93 earnings per share for the quarter, topping the consensus estimate of $1.96 by $0.97. Leidos had a return on equity of 30.31% and a net margin of 7.37%. The firm had revenue of $4.19 billion during the quarter, compared to analysts’ expectations of $4.06 billion. During the same period in the prior year, the company earned $2.03 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Equities analysts expect that Leidos Holdings, Inc. will post 9.89 earnings per share for the current fiscal year.

Leidos Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 16th were issued a dividend of $0.40 per share. The ex-dividend date was Monday, December 16th. This is an increase from Leidos’s previous quarterly dividend of $0.38. This represents a $1.60 annualized dividend and a dividend yield of 1.07%. Leidos’s dividend payout ratio is 18.22%.

Leidos Company Profile

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