CACI International, Inc. (NYSE:CACI – Get Free Report) shares hit a new 52-week high during trading on Friday . The company traded as high as $596.95 and last traded at $583.64, with a volume of 811927 shares trading hands. The stock had previously closed at $520.16.
Analyst Ratings Changes
CACI has been the topic of a number of research analyst reports. Jefferies Financial Group lowered CACI International from a “buy” rating to a “hold” rating and lowered their price target for the company from $570.00 to $535.00 in a report on Wednesday, August 6th. William Blair raised CACI International from a “market perform” rating to an “outperform” rating in a report on Monday, July 7th. Cantor Fitzgerald raised their price target on CACI International from $535.00 to $675.00 and gave the company an “overweight” rating in a report on Wednesday. The Goldman Sachs Group raised CACI International from a “sell” rating to a “buy” rating and raised their price target for the company from $407.00 to $544.00 in a report on Wednesday, August 13th. Finally, Stifel Nicolaus set a $670.00 price target on CACI International in a report on Thursday. Eleven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, CACI International presently has a consensus rating of “Moderate Buy” and an average price target of $570.09.
Get Our Latest Stock Analysis on CACI International
CACI International Trading Up 12.2%
CACI International (NYSE:CACI – Get Free Report) last released its earnings results on Wednesday, October 22nd. The information technology services provider reported $6.85 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $6.20 by $0.65. The firm had revenue of $2.29 billion for the quarter, compared to analyst estimates of $2.26 billion. CACI International had a return on equity of 16.19% and a net margin of 5.70%.CACI International’s revenue was up 11.2% compared to the same quarter last year. During the same period in the previous year, the company earned $5.93 earnings per share. CACI International has set its FY 2026 guidance at 27.130-28.030 EPS. On average, equities analysts anticipate that CACI International, Inc. will post 23.94 earnings per share for the current fiscal year.
Insider Transactions at CACI International
In related news, CEO John S. Mengucci sold 10,175 shares of CACI International stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $492.82, for a total transaction of $5,014,443.50. Following the transaction, the chief executive officer directly owned 101,536 shares of the company’s stock, valued at $50,038,971.52. The trade was a 9.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is currently owned by insiders.
Hedge Funds Weigh In On CACI International
Hedge funds and other institutional investors have recently modified their holdings of the stock. SG Americas Securities LLC increased its stake in CACI International by 158.4% in the 3rd quarter. SG Americas Securities LLC now owns 5,364 shares of the information technology services provider’s stock worth $2,675,000 after purchasing an additional 3,288 shares in the last quarter. KLP Kapitalforvaltning AS increased its stake in CACI International by 15.4% in the 3rd quarter. KLP Kapitalforvaltning AS now owns 6,000 shares of the information technology services provider’s stock worth $2,993,000 after purchasing an additional 800 shares in the last quarter. Fort Washington Investment Advisors Inc. OH increased its stake in CACI International by 14.2% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 51,194 shares of the information technology services provider’s stock worth $25,535,000 after purchasing an additional 6,351 shares in the last quarter. Ethic Inc. increased its stake in CACI International by 32.1% in the 3rd quarter. Ethic Inc. now owns 2,450 shares of the information technology services provider’s stock worth $1,222,000 after purchasing an additional 596 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its stake in CACI International by 2.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,090 shares of the information technology services provider’s stock worth $544,000 after purchasing an additional 25 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company’s stock.
About CACI International
CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.
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