Sanctuary Advisors LLC Sells 5,266 Shares of Leidos Holdings, Inc. (NYSE:LDOS)

23 Feb 2025, 09:17 by Sarita Garza · The Markets Daily

Sanctuary Advisors LLC trimmed its position in shares of Leidos Holdings, Inc. (NYSE:LDOS – Free Report) by 19.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,378 shares of the aerospace company’s stock after selling 5,266 shares during the quarter. Sanctuary Advisors LLC’s holdings in Leidos were worth $3,182,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Mirae Asset Global Investments Co. Ltd. increased its holdings in Leidos by 39.6% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,464 shares of the aerospace company’s stock worth $1,800,000 after purchasing an additional 3,534 shares in the last quarter. Fiduciary Trust Co grew its holdings in Leidos by 36.4% during the third quarter. Fiduciary Trust Co now owns 23,941 shares of the aerospace company’s stock worth $3,902,000 after buying an additional 6,395 shares in the last quarter. Atria Investments Inc raised its position in Leidos by 100.1% in the 3rd quarter. Atria Investments Inc now owns 8,837 shares of the aerospace company’s stock valued at $1,440,000 after buying an additional 4,421 shares during the last quarter. Los Angeles Capital Management LLC lifted its stake in Leidos by 21.4% during the 3rd quarter. Los Angeles Capital Management LLC now owns 55,165 shares of the aerospace company’s stock valued at $8,992,000 after acquiring an additional 9,710 shares in the last quarter. Finally, Rockefeller Capital Management L.P. purchased a new position in Leidos during the 3rd quarter worth $4,622,000. 76.12% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Cantor Fitzgerald began coverage on shares of Leidos in a report on Friday, February 7th. They issued an “overweight” rating and a $185.00 target price for the company. Citigroup lifted their target price on shares of Leidos from $194.00 to $220.00 and gave the stock a “buy” rating in a research report on Wednesday, October 30th. StockNews.com raised Leidos from a “buy” rating to a “strong-buy” rating in a report on Thursday. Wells Fargo & Company dropped their price target on Leidos from $199.00 to $197.00 and set an “overweight” rating on the stock in a report on Wednesday, February 12th. Finally, William Blair downgraded Leidos from an “outperform” rating to a “market perform” rating in a research note on Friday. Six investment analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $176.27.

Check Out Our Latest Analysis on LDOS

Leidos Price Performance

LDOS opened at $126.66 on Friday. The company has a market capitalization of $16.61 billion, a price-to-earnings ratio of 13.71, a PEG ratio of 1.65 and a beta of 0.66. The company has a quick ratio of 1.13, a current ratio of 1.21 and a debt-to-equity ratio of 0.91. The firm has a 50-day moving average price of $144.36 and a 200-day moving average price of $156.65. Leidos Holdings, Inc. has a twelve month low of $123.22 and a twelve month high of $202.90.

Leidos (NYSE:LDOS – Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The aerospace company reported $2.37 earnings per share for the quarter, beating analysts’ consensus estimates of $2.24 by $0.13. Leidos had a net margin of 7.53% and a return on equity of 30.93%. Equities analysts expect that Leidos Holdings, Inc. will post 10.62 EPS for the current year.

Leidos Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, March 14th will be paid a $0.40 dividend. The ex-dividend date is Friday, March 14th. This represents a $1.60 annualized dividend and a yield of 1.26%. Leidos’s dividend payout ratio is currently 17.32%.

Insider Buying and Selling at Leidos

In related news, Director Robert C. Kovarik, Jr. sold 1,511 shares of the business’s stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $134.56, for a total transaction of $203,320.16. Following the completion of the transaction, the director now owns 6,408 shares of the company’s stock, valued at approximately $862,260.48. The trade was a 19.08 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gary Stephen May sold 2,128 shares of the stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $131.24, for a total transaction of $279,278.72. Following the completion of the sale, the director now owns 11,264 shares in the company, valued at $1,478,287.36. This represents a 15.89 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 0.96% of the company’s stock.

Leidos Profile

(Free Report)

Leidos Holdings, Inc, together with its subsidiaries, provides services and solutions in the defense, intelligence, civil, and health markets in the United States and internationally. The company operates through Defense Solutions, Civil, and Health segments. The Defense Solutions segment offers national security solutions and systems for air, land, sea, space, and cyberspace for the U.S.