Fairvoy Private Wealth LLC Makes New $2.22 Million Investment in Leidos Holdings, Inc. $LDOS

by · The Markets Daily

Fairvoy Private Wealth LLC acquired a new stake in Leidos Holdings, Inc. (NYSE:LDOS – Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 11,762 shares of the aerospace company’s stock, valued at approximately $2,223,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kendall Capital Management increased its stake in shares of Leidos by 93.7% during the 2nd quarter. Kendall Capital Management now owns 4,270 shares of the aerospace company’s stock worth $674,000 after purchasing an additional 2,065 shares during the last quarter. Kathmere Capital Management LLC increased its position in Leidos by 145.6% during the second quarter. Kathmere Capital Management LLC now owns 7,998 shares of the aerospace company’s stock worth $1,262,000 after buying an additional 4,742 shares during the last quarter. McAdam LLC acquired a new position in Leidos during the second quarter worth approximately $286,000. Klein Pavlis & Peasley Financial Inc. acquired a new stake in shares of Leidos in the second quarter valued at approximately $2,556,000. Finally, Amundi lifted its position in shares of Leidos by 19.1% in the first quarter. Amundi now owns 88,927 shares of the aerospace company’s stock valued at $12,404,000 after buying an additional 14,246 shares during the last quarter. 76.12% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. Zacks Research cut Leidos from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 23rd. Royal Bank Of Canada reissued an “outperform” rating and issued a $230.00 price objective on shares of Leidos in a research report on Wednesday, November 5th. Bank of America lifted their target price on shares of Leidos from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Truist Financial reissued a “buy” rating and issued a $220.00 price target (up from $200.00) on shares of Leidos in a report on Tuesday, November 4th. Finally, Wall Street Zen downgraded shares of Leidos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 13th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Leidos presently has a consensus rating of “Moderate Buy” and an average price target of $205.42.

Read Our Latest Stock Report on LDOS

Leidos Stock Performance

NYSE:LDOS opened at $184.57 on Friday. The company has a market cap of $23.60 billion, a price-to-earnings ratio of 17.22, a PEG ratio of 1.33 and a beta of 0.58. Leidos Holdings, Inc. has a fifty-two week low of $123.62 and a fifty-two week high of $205.77. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.50 and a current ratio of 1.62. The stock has a fifty day moving average price of $189.35 and a 200-day moving average price of $177.05.

Leidos (NYSE:LDOS – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $3.05 EPS for the quarter, topping analysts’ consensus estimates of $2.61 by $0.44. Leidos had a return on equity of 33.02% and a net margin of 8.11%.The company had revenue of $4.47 billion for the quarter, compared to analysts’ expectations of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. As a group, equities analysts anticipate that Leidos Holdings, Inc. will post 10.62 EPS for the current fiscal year.

Leidos Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be issued a dividend of $0.43 per share. This is a boost from Leidos’s previous quarterly dividend of $0.40. The ex-dividend date of this dividend is Monday, December 15th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 0.9%. Leidos’s payout ratio is currently 16.04%.

Leidos Company Profile

(Free Report)

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.

See Also

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