Rep. Gerald E. Connolly Sells Leidos Holdings, Inc. (NYSE:LDOS) Stock

Representative Gerald E. Connolly (D-Virginia) recently sold shares of Leidos Holdings, Inc. (NYSE:LDOS). In a filing disclosed on February 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Leidos stock on February 5th. The trade occurred in the Representative’s “TIAA JOINT” account.

Representative Gerald E. Connolly also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Dominion Energy (NYSE:D) on 2/5/2025.
• Sold $1,001 – $15,000 in shares of Science Applications International (NYSE:SAIC) on 2/5/2025.

Leidos Trading Up 1.1 %

Shares of Leidos stock opened at $142.34 on Friday. Leidos Holdings, Inc. has a fifty-two week low of $112.53 and a fifty-two week high of $202.90. The business’s fifty day moving average is $149.74 and its two-hundred day moving average is $157.71. The company has a quick ratio of 1.15, a current ratio of 1.23 and a debt-to-equity ratio of 0.87. The firm has a market cap of $18.99 billion, a PE ratio of 16.21, a P/E/G ratio of 0.92 and a beta of 0.66.

Leidos Announces Dividend

The company 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. This represents a $1.60 annualized dividend and a yield of 1.12%. Leidos’s payout ratio is currently 18.22%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on LDOS. Robert W. Baird increased their target price on Leidos from $180.00 to $218.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. UBS Group began coverage on shares of Leidos in a report on Monday, December 2nd. They set a “neutral” rating and a $182.00 price objective on the stock. Royal Bank of Canada boosted their target price on shares of Leidos from $145.00 to $180.00 and gave the company a “sector perform” rating in a report on Wednesday, October 30th. TD Cowen downgraded shares of Leidos from a “buy” rating to a “hold” rating and cut their price target for the stock from $200.00 to $165.00 in a research note on Wednesday, January 8th. Finally, Barclays boosted their price objective on shares of Leidos from $165.00 to $210.00 and gave the company an “overweight” rating in a research note on Monday, November 4th. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Leidos has a consensus rating of “Moderate Buy” and a consensus price target of $179.47.

Hedge Funds Weigh In On Leidos

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Rakuten Securities Inc. raised its stake in shares of Leidos by 1,460.0% during the third quarter. Rakuten Securities Inc. now owns 156 shares of the aerospace company’s stock valued at $25,000 after purchasing an additional 146 shares during the period. Ashton Thomas Securities LLC acquired a new position in Leidos in the 3rd quarter worth $29,000. Northwest Investment Counselors LLC purchased a new position in Leidos in the 3rd quarter valued at about $30,000. Duncker Streett & Co. Inc. purchased a new position in Leidos in the 4th quarter valued at about $27,000. Finally, Berbice Capital Management LLC acquired a new stake in shares of Leidos during the fourth quarter valued at about $29,000. 76.12% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Leidos

In related news, Director Noel B. Geer bought 2,000 shares of the company’s stock in a transaction dated Wednesday, November 20th. The stock was bought at an average price of $161.13 per share, with a total value of $322,260.00. Following the transaction, the director now owns 2,000 shares of the company’s stock, valued at approximately $322,260. This trade represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Corporate insiders own 0.96% of the company’s stock.

About Representative Connolly

Gerald Edward Connolly (Democratic Party) (also known as Gerry) is a member of the U.S. House, representing Virginia’s 11th Congressional District. He assumed office on January 3, 2009. His current term ends on January 3, 2027.

Connolly (Democratic Party) ran for re-election to the U.S. House to represent Virginia’s 11th Congressional District. He won in the general election on November 5, 2024.

Click here to see Connolly’s key votes in Congress.

Since at least 2012, Connolly was assigned to the Committee on Foreign Affairs and the Committee on Oversight and Government Reform.

From 1995 through 2008, Connolly served as a member of the Fairfax County Board of Supervisors.

Connolly was born in Boston, Massachusetts. He earned his bachelor’s from Maryknoll College in 1971 and his M.P.A. in 1971 from Harvard University. After receiving his master’s, he began working for the United States Senate Committee on Foreign Relations.[1] Prior to his election to the U.S. House, Connolly was a chair of the Board of Supervisors in Fairfax County, Va.

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.