Integrated Wealth Concepts LLC Has $1.09 Million Holdings in Leidos Holdings, Inc. $LDOS

Integrated Wealth Concepts LLC decreased its holdings in shares of Leidos Holdings, Inc. (NYSE:LDOS) by 11.1% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,046 shares of the aerospace company’s stock after selling 1,008 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Leidos were worth $1,086,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in LDOS. Invenomic Capital Management LP bought a new position in Leidos during the 1st quarter worth $4,565,000. Hancock Whitney Corp increased its position in shares of Leidos by 13.2% in the first quarter. Hancock Whitney Corp now owns 48,938 shares of the aerospace company’s stock worth $6,604,000 after purchasing an additional 5,723 shares during the period. AQR Capital Management LLC increased its position in shares of Leidos by 3.0% in the first quarter. AQR Capital Management LLC now owns 1,183,157 shares of the aerospace company’s stock worth $159,342,000 after purchasing an additional 34,328 shares during the period. Advisors Asset Management Inc. increased its position in shares of Leidos by 3.4% in the first quarter. Advisors Asset Management Inc. now owns 24,753 shares of the aerospace company’s stock worth $3,340,000 after purchasing an additional 812 shares during the period. Finally, Amundi increased 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 worth $12,404,000 after purchasing an additional 14,246 shares during the period. Institutional investors and hedge funds own 76.12% of the company’s stock.

Analyst Upgrades and Downgrades

LDOS has been the topic of a number of recent analyst reports. Royal Bank Of Canada upgraded Leidos from a “hold” rating to a “moderate buy” rating in a research report on Thursday, September 4th. Baird R W cut Leidos from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 27th. Stifel Nicolaus set a $178.00 target price on Leidos and gave the company a “buy” rating in a research report on Tuesday, June 24th. UBS Group lifted their target price on Leidos from $168.00 to $184.00 and gave the company a “neutral” rating in a research report on Thursday, August 7th. Finally, Citigroup reiterated a “buy” rating and issued a $190.00 target price (up previously from $186.00) on shares of Leidos in a research report on Monday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $183.31.

Leidos Stock Performance

Shares of LDOS stock opened at $180.41 on Thursday. The business’s 50 day simple moving average is $171.29 and its 200 day simple moving average is $153.48. Leidos Holdings, Inc. has a one year low of $123.62 and a one year high of $202.90. The stock has a market capitalization of $23.15 billion, a PE ratio of 17.05, a PEG ratio of 1.68 and a beta of 0.71. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.62 and a quick ratio of 1.50.

Leidos (NYSE:LDOS) last posted its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $3.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.63 by $0.58. The firm had revenue of $4.25 billion for the quarter, compared to analysts’ expectations of $4.24 billion. Leidos had a return on equity of 33.57% and a net margin of 8.22%.The company’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.63 EPS. Leidos has set its FY 2025 guidance at 11.150-11.450 EPS. As a group, research analysts forecast that Leidos Holdings, Inc. will post 10.62 earnings per share for the current year.

Leidos Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Shareholders of record on Monday, September 15th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, September 15th. Leidos’s dividend payout ratio is 15.12%.

Insider Buying and Selling at Leidos

In other news, Director Gregory R. Dahlberg sold 952 shares of the stock in a transaction on Monday, August 11th. The stock was sold at an average price of $177.43, for a total transaction of $168,913.36. Following the completion of the transaction, the director owned 21,068 shares in the company, valued at approximately $3,738,095.24. This represents a 4.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Gary Stephen May sold 2,000 shares of the stock in a transaction dated Monday, August 11th. The stock was sold at an average price of $178.05, for a total value of $356,100.00. Following the sale, the director directly owned 10,137 shares in the company, valued at $1,804,892.85. This trade represents a 16.48% decrease in their position. The disclosure for this sale can be found here. Insiders sold 22,975 shares of company stock worth $4,078,740 in the last quarter. 0.96% of the stock is currently owned by company insiders.

Leidos Company Profile

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.