Science Applications International Co. $SAIC Stock Holdings Increased by LSV Asset Management

by · The Cerbat Gem

LSV Asset Management boosted its holdings in shares of Science Applications International Co. (NYSE:SAIC – Free Report) by 143.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,302,029 shares of the information technology services provider’s stock after purchasing an additional 766,734 shares during the period. LSV Asset Management’s holdings in Science Applications International were worth $146,621,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. grew its position in Science Applications International by 14.3% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 2,500,086 shares of the information technology services provider’s stock worth $280,685,000 after buying an additional 313,539 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Science Applications International by 2.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,141,923 shares of the information technology services provider’s stock worth $128,202,000 after acquiring an additional 30,343 shares in the last quarter. AQR Capital Management LLC boosted its stake in shares of Science Applications International by 115.8% during the 1st quarter. AQR Capital Management LLC now owns 956,438 shares of the information technology services provider’s stock worth $107,379,000 after acquiring an additional 513,192 shares in the last quarter. Invesco Ltd. grew its holdings in shares of Science Applications International by 124.8% in the 1st quarter. Invesco Ltd. now owns 874,595 shares of the information technology services provider’s stock worth $98,191,000 after acquiring an additional 485,496 shares during the last quarter. Finally, American Century Companies Inc. grew its holdings in shares of Science Applications International by 3.0% in the 1st quarter. American Century Companies Inc. now owns 362,188 shares of the information technology services provider’s stock worth $40,663,000 after acquiring an additional 10,417 shares during the last quarter. 76.00% of the stock is currently owned by institutional investors.

Science Applications International Price Performance

Shares of SAIC opened at $88.62 on Monday. The business’s 50-day moving average is $97.66 and its 200-day moving average is $108.31. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87. The company has a market capitalization of $4.08 billion, a price-to-earnings ratio of 14.94 and a beta of 0.43. Science Applications International Co. has a fifty-two week low of $87.93 and a fifty-two week high of $133.00.

Science Applications International (NYSE:SAIC – Get Free Report) last posted its quarterly earnings results on Thursday, September 4th. The information technology services provider reported $3.63 EPS for the quarter, topping the consensus estimate of $2.25 by $1.38. The business had revenue of $1.77 billion during the quarter, compared to analysts’ expectations of $1.87 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The firm’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same period last year, the company posted $2.05 earnings per share. Science Applications International has set its FY 2026 guidance at 9.400-9.600 EPS. Equities research analysts expect that Science Applications International Co. will post 8.27 EPS for the current fiscal year.

Science Applications International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 24th. Stockholders of record on Friday, October 10th were issued a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, October 10th. Science Applications International’s payout ratio is currently 17.92%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on SAIC shares. UBS Group reduced their target price on Science Applications International from $111.00 to $110.00 and set a “neutral” rating for the company in a report on Friday, September 5th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $115.00 target price (down from $140.00) on shares of Science Applications International in a report on Monday, September 8th. Truist Financial boosted their price target on shares of Science Applications International from $100.00 to $110.00 and gave the company a “hold” rating in a report on Thursday, July 24th. Stifel Nicolaus decreased their price objective on shares of Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, September 5th. Finally, Jefferies Financial Group lowered their price objective on shares of Science Applications International from $130.00 to $115.00 and set a “hold” rating on the stock in a research report on Wednesday, September 10th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $115.10.

Check Out Our Latest Analysis on SAIC

Science Applications International Company Profile

(Free Report)

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.

Further Reading

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