Sei Investments Co. lifted its position in shares of Science Applications International Corporation (NASDAQ:SAIC – Free Report) by 12.8% during the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 46,457 shares of the company’s stock after buying an additional 5,258 shares during the period. Sei Investments Co.’s holdings in Science Applications International were worth $4,405,000 as of its most recent SEC filing.
A number of other hedge funds have also recently bought and sold shares of the company. Los Angeles Capital Management LLC purchased a new stake in Science Applications International in the 4th quarter worth approximately $25,000. Transamerica Financial Advisors LLC lifted its stake in shares of Science Applications International by 477.8% during the 4th quarter. Transamerica Financial Advisors LLC now owns 260 shares of the company’s stock worth $26,000 after purchasing an additional 215 shares during the period. Wexford Capital LP purchased a new position in shares of Science Applications International during the 3rd quarter worth $29,000. Rakuten Securities Inc. boosted its holdings in shares of Science Applications International by 1,915.4% during the second quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock worth $30,000 after purchasing an additional 249 shares during the last quarter. Finally, Global Retirement Partners LLC acquired a new stake in shares of Science Applications International during the fourth quarter worth $35,000. Institutional investors and hedge funds own 76.00% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently commented on SAIC shares. TD Cowen dropped their target price on Science Applications International from $130.00 to $125.00 and set a “hold” rating for the company in a research note on Tuesday, July 7th. JPMorgan Chase & Co. raised their price target on Science Applications International from $110.00 to $125.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 2nd. Truist Financial restated a “hold” rating and issued a $110.00 price target (up from $95.00) on shares of Science Applications International in a report on Tuesday, June 2nd. The Goldman Sachs Group upped their price objective on shares of Science Applications International from $85.00 to $96.00 and gave the company a “sell” rating in a research note on Friday, June 12th. Finally, Citigroup increased their price objective on shares of Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Two analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $115.22.
Science Applications International Trading Down 0.1%
SAIC stock opened at $120.30 on Thursday. The company has a market cap of $5.09 billion, a price-to-earnings ratio of 13.55 and a beta of 0.28. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.73. The business has a fifty day simple moving average of $112.63 and a 200-day simple moving average of $101.81. Science Applications International Corporation has a 52 week low of $81.08 and a 52 week high of $123.41.
Science Applications International (NASDAQ:SAIC – Get Free Report) last issued its earnings results on Monday, June 1st. The company reported $3.23 earnings per share for the quarter, beating analysts’ consensus estimates of $2.26 by $0.97. Science Applications International had a return on equity of 36.96% and a net margin of 5.55%.The firm had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.82 billion. During the same quarter last year, the firm earned $1.42 earnings per share. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. On average, equities research analysts expect that Science Applications International Corporation will post 10.01 EPS for the current year.
Science Applications International Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date was Friday, July 10th. Science Applications International’s dividend payout ratio (DPR) is 16.67%.
About Science Applications International
Science Applications International Corp. (SAIC) is a leading provider of technical, engineering, and enterprise IT services to the U.S. government, including the Department of Defense, the intelligence community, and civilian agencies. The company’s core offerings encompass systems engineering and integration, mission support, cybersecurity, data analytics, and cloud solutions. SAIC’s work spans the full program lifecycle, from research and development to deployment and sustainment, addressing complex defense, space, and national security challenges.
Founded in 1969 by J.
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