Norges Bank Buys Shares of 530,527 Science Applications International Corporation $SAIC

Posted by Brian Himes on Jun 8th, 2026

Norges Bank purchased a new position in shares of Science Applications International Corporation (NASDAQ:SAIC – Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 530,527 shares of the company’s stock, valued at approximately $53,403,000.

Other large investors also recently modified their holdings of the company. Vanguard Group Inc. raised its position in Science Applications International by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 4,554,957 shares of the company’s stock valued at $458,502,000 after purchasing an additional 15,272 shares during the last quarter. LSV Asset Management grew its holdings in shares of Science Applications International by 20.2% during the third quarter. LSV Asset Management now owns 1,565,035 shares of the company’s stock worth $155,518,000 after purchasing an additional 263,006 shares during the last quarter. First Trust Advisors LP increased its stake in shares of Science Applications International by 3.7% in the third quarter. First Trust Advisors LP now owns 1,519,046 shares of the company’s stock valued at $150,947,000 after buying an additional 53,895 shares during the period. AQR Capital Management LLC increased its stake in shares of Science Applications International by 36.3% in the second quarter. AQR Capital Management LLC now owns 1,303,894 shares of the company’s stock valued at $143,578,000 after buying an additional 347,456 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in Science Applications International by 1.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,174,062 shares of the company’s stock valued at $116,660,000 after buying an additional 19,599 shares during the last quarter. 76.00% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on SAIC shares. The Goldman Sachs Group reduced their target price on shares of Science Applications International from $94.00 to $82.00 and set a “sell” rating on the stock in a report on Thursday, February 12th. Stifel Nicolaus dropped their price target on shares of Science Applications International from $128.00 to $120.00 and set a “buy” rating for the company in a research note on Tuesday, March 17th. Wall Street Zen upgraded shares of Science Applications International from a “hold” rating to a “buy” rating in a report on Saturday. Truist Financial restated a “hold” rating and issued a $110.00 price objective (up from $95.00) on shares of Science Applications International in a report on Tuesday, June 2nd. Finally, BNP Paribas Exane initiated coverage on Science Applications International in a research report on Wednesday, May 27th. They set a “neutral” rating and a $95.00 target price for the company. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Science Applications International currently has a consensus rating of “Hold” and a consensus target price of $111.44.

View Our Latest Stock Report on SAIC

Science Applications International Stock Performance

NASDAQ:SAIC opened at $114.35 on Monday. Science Applications International Corporation has a 52 week low of $81.08 and a 52 week high of $123.41. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.16 and a current ratio of 1.16. The firm’s fifty day moving average is $98.26 and its 200-day moving average is $97.63. The firm has a market cap of $4.83 billion, a P/E ratio of 12.88 and a beta of 0.30.

Science Applications International (NASDAQ:SAIC – Get Free Report) last announced its earnings results on Monday, June 1st. The company reported $3.23 earnings per share for the quarter, topping analysts’ consensus estimates of $2.26 by $0.97. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. The business had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the firm earned $1.42 earnings per share. Science Applications International’s quarterly revenue was up 1.5% on a year-over-year basis. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. Equities analysts expect that Science Applications International Corporation will post 10.18 earnings per share for the current year.

Science Applications International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be given a dividend of $0.37 per share. The ex-dividend date is Friday, July 10th. This represents a $1.48 annualized dividend and a dividend yield of 1.3%. Science Applications International’s dividend payout ratio is presently 16.67%.

About Science Applications International

(Free Report)

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.