Science Applications International Co. $SAIC Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC boosted its stake in Science Applications International Co. (NYSE:SAIC) by 197.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 20,768 shares of the information technology services provider’s stock after buying an additional 13,777 shares during the period. SG Americas Securities LLC’s holdings in Science Applications International were worth $2,064,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in Science Applications International by 324.1% during the 2nd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246 shares of the information technology services provider’s stock worth $28,000 after acquiring an additional 188 shares in the last quarter. Rakuten Securities Inc. lifted its position in shares of Science Applications International by 1,915.4% during the second quarter. Rakuten Securities Inc. now owns 262 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 249 shares during the last quarter. True Wealth Design LLC grew its stake in Science Applications International by 315.5% in the second quarter. True Wealth Design LLC now owns 349 shares of the information technology services provider’s stock worth $39,000 after purchasing an additional 265 shares in the last quarter. WFA of San Diego LLC bought a new stake in Science Applications International in the second quarter valued at about $56,000. Finally, Allworth Financial LP lifted its holdings in Science Applications International by 638.1% during the 2nd quarter. Allworth Financial LP now owns 620 shares of the information technology services provider’s stock worth $70,000 after buying an additional 536 shares during the last quarter. 76.00% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CEO James Reagan purchased 1,000 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were bought at an average price of $100.17 per share, for a total transaction of $100,170.00. Following the completion of the purchase, the chief executive officer owned 26,460 shares of the company’s stock, valued at $2,650,498.20. This trade represents a 3.93% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.44% of the company’s stock.

Science Applications International Trading Down 4.2%

NYSE:SAIC opened at $108.06 on Thursday. The firm has a market capitalization of $4.88 billion, a P/E ratio of 18.22 and a beta of 0.28. The business has a 50 day simple moving average of $97.34 and a 200 day simple moving average of $104.10. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87. Science Applications International Co. has a 12-month low of $84.15 and a 12-month high of $124.11.

Science Applications International (NYSE:SAIC) last posted its earnings results on Thursday, December 4th. The information technology services provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.51. The company had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%.The firm’s quarterly revenue was down 5.6% compared to the same quarter last year. During the same period last year, the business posted $2.61 earnings per share. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. Equities research analysts predict that Science Applications International Co. will post 8.27 EPS for the current year.

Science Applications International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th will be given a $0.37 dividend. The ex-dividend date is Wednesday, January 14th. This represents a $1.48 annualized dividend and a yield of 1.4%. Science Applications International’s dividend payout ratio is 18.93%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on SAIC shares. JPMorgan Chase & Co. boosted their price target on Science Applications International from $115.00 to $125.00 and gave the company a “neutral” rating in a report on Friday, December 5th. Citigroup lifted their price objective on shares of Science Applications International from $122.00 to $133.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, UBS Group increased their target price on shares of Science Applications International from $110.00 to $113.00 and gave the stock a “neutral” rating in a report on Monday, December 8th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $117.70.

About Science Applications International

Science Applications International Corp. (NYSE: SAIC) is an American technology integrator that delivers a broad range of engineering, systems integration and information technology (IT) services primarily to U.S. government clients. Founded in 1969 by J. Robert Beyster, the company has built a reputation for supporting defense, intelligence, federal civilian, health and energy agencies with specialized solutions that address mission-critical requirements. SAIC’s offerings span the full lifecycle of complex programs, from concept and design through development, deployment and sustainment.

The company’s core capabilities include systems engineering and integration, enterprise IT modernization, cloud computing, cybersecurity, data analytics and artificial intelligence.