Carderock Capital Management Inc. Has $6.48 Million Stock Position in Leidos Holdings, Inc. $LDOS

Carderock Capital Management Inc. boosted its position in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 15.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 34,273 shares of the aerospace company’s stock after buying an additional 4,467 shares during the period. Carderock Capital Management Inc.’s holdings in Leidos were worth $6,476,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in LDOS. First Pacific Financial bought a new position in shares of Leidos in the second quarter valued at approximately $27,000. Raleigh Capital Management Inc. acquired a new stake in Leidos during the 2nd quarter valued at $29,000. True Wealth Design LLC increased its holdings in Leidos by 471.4% during the 2nd quarter. True Wealth Design LLC now owns 200 shares of the aerospace company’s stock valued at $32,000 after purchasing an additional 165 shares in the last quarter. Mountain Hill Investment Partners Corp. raised its position in Leidos by 66.2% in the 2nd quarter. Mountain Hill Investment Partners Corp. now owns 216 shares of the aerospace company’s stock valued at $34,000 after purchasing an additional 86 shares during the last quarter. Finally, REAP Financial Group LLC boosted its stake in Leidos by 50.0% in the second quarter. REAP Financial Group LLC now owns 228 shares of the aerospace company’s stock worth $36,000 after purchasing an additional 76 shares in the last quarter. 76.12% of the stock is owned by institutional investors.

Leidos Stock Down 0.4%

Shares of NYSE LDOS opened at $185.89 on Monday. Leidos Holdings, Inc. has a 1 year low of $123.62 and a 1 year high of $205.77. The firm’s 50-day moving average is $189.41 and its 200-day moving average is $178.92. The company has a current ratio of 1.62, a quick ratio of 1.50 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $23.77 billion, a PE ratio of 17.34, a price-to-earnings-growth ratio of 1.37 and a beta of 0.58.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, November 4th. The aerospace company reported $3.05 earnings per share for the quarter, topping analysts’ consensus estimates of $2.61 by $0.44. Leidos had a net margin of 8.11% and a return on equity of 33.02%. The business had revenue of $4.47 billion during the quarter, compared to the consensus estimate of $4.28 billion. Leidos has set its FY 2025 guidance at 11.450-11.75 EPS. Equities analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be paid a $0.43 dividend. This is an increase 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 dividend payout ratio (DPR) is currently 16.04%.

Insider Activity

In related news, insider Elizabeth A. Porter sold 3,000 shares of Leidos stock in a transaction on Friday, December 19th. The stock was sold at an average price of $181.04, for a total transaction of $543,120.00. Following the completion of the sale, the insider directly owned 41,575 shares of the company’s stock, valued at $7,526,738. The trade was a 6.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.69% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. Argus raised their target price on Leidos from $185.00 to $210.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Citigroup started coverage on shares of Leidos in a research report on Thursday, December 11th. They issued a “buy” rating and a $218.00 price objective for the company. Bank of America upped their target price on shares of Leidos from $200.00 to $235.00 and gave the stock a “buy” rating in a research report on Friday, November 7th. Royal Bank Of Canada reissued an “outperform” rating and issued a $230.00 price target on shares of Leidos in a report on Wednesday, November 5th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Leidos in a research report on Monday, December 15th. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $205.42.

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.