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 %

NYSE:LDOS opened at $142.34 on Friday. The stock has a fifty day moving average price of $150.20 and a 200 day moving average price of $157.78. The company has a current ratio of 1.23, a quick ratio of 1.15 and a debt-to-equity ratio of 0.87. Leidos Holdings, Inc. has a 12-month low of $112.53 and a 12-month high of $202.90. The firm has a market cap of $18.99 billion, a PE ratio of 16.21, a price-to-earnings-growth ratio of 0.92 and a beta of 0.66.

Leidos Dividend Announcement

The firm also recently declared 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 dividend yield of 1.12%. Leidos’s dividend payout ratio (DPR) is 18.22%.

Institutional Trading of Leidos

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

Insider Buying and Selling

In related news, Director Noel B. Geer bought 2,000 shares of the business’s stock in a transaction on Wednesday, November 20th. The stock was bought at an average price of $161.13 per share, for a total transaction of $322,260.00. Following the transaction, the director now directly owns 2,000 shares in the company, valued at $322,260. This represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.96% of the stock is currently owned by company insiders.

Analyst Ratings Changes

LDOS has been the topic of several research analyst reports. Wells Fargo & Company cut their target price on Leidos from $205.00 to $199.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 8th. TD Cowen cut shares of Leidos from a “buy” rating to a “hold” rating and lowered their target price for the company from $200.00 to $165.00 in a report on Wednesday, January 8th. Citigroup upped their price objective on shares of Leidos from $194.00 to $220.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Cantor Fitzgerald started coverage on Leidos in a report on Friday. They issued an “overweight” rating and a $185.00 target price for the company. Finally, Barclays raised their price target on Leidos from $165.00 to $210.00 and gave the stock an “overweight” rating in a research note on Monday, November 4th. Five analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $179.47.

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.

About Leidos

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.