Science Applications International Co. (NYSE:SAIC) Receives $117.70 Average PT from Brokerages

Science Applications International Co. (NYSE:SAIC) has received a consensus rating of “Hold” from the ten research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is $117.70.

A number of equities research analysts recently weighed in on SAIC shares. Citigroup boosted their price objective on Science Applications International from $122.00 to $133.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. UBS Group boosted their price target on Science Applications International from $110.00 to $113.00 and gave the stock a “neutral” rating in a report on Monday, December 8th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Science Applications International from $115.00 to $125.00 and gave the company a “neutral” rating in a report on Friday, December 5th.

Science Applications International Price Performance

Shares of SAIC stock opened at $103.55 on Friday. Science Applications International has a twelve month low of $84.15 and a twelve month high of $124.11. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. The business has a fifty day simple moving average of $101.07 and a 200 day simple moving average of $103.52. The company has a market cap of $4.67 billion, a P/E ratio of 17.46 and a beta of 0.28.

Science Applications International (NYSE:SAIC) last posted its earnings results on Thursday, December 4th. The information technology services provider reported $2.58 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.51. The firm had revenue of $1.87 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 business’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.61 earnings per share. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. On average, sell-side analysts forecast that Science Applications International will post 8.27 EPS for the current fiscal year.

Science Applications International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a $1.48 annualized dividend and a dividend yield of 1.4%. Science Applications International’s dividend payout ratio (DPR) is presently 18.93%.

Insider Buying and Selling at Science Applications International

In related news, CEO James Reagan acquired 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The stock was acquired at an average cost of $100.17 per share, for a total transaction of $100,170.00. Following the completion of the acquisition, the chief executive officer directly owned 26,460 shares of the company’s stock, valued at approximately $2,650,498.20. This trade represents a 3.93% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website. 0.67% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Science Applications International

A number of hedge funds have recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its stake in shares of Science Applications International by 22.2% in the first quarter. Goldman Sachs Group Inc. now owns 146,555 shares of the information technology services provider’s stock worth $16,454,000 after acquiring an additional 26,633 shares during the period. Empowered Funds LLC lifted its position in shares of Science Applications International by 93.2% in the 1st quarter. Empowered Funds LLC now owns 10,722 shares of the information technology services provider’s stock worth $1,204,000 after purchasing an additional 5,173 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Science Applications International by 5.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 150,204 shares of the information technology services provider’s stock worth $16,863,000 after purchasing an additional 7,816 shares during the period. Focus Partners Wealth boosted its stake in shares of Science Applications International by 3.3% in the 1st quarter. Focus Partners Wealth now owns 2,900 shares of the information technology services provider’s stock valued at $326,000 after purchasing an additional 94 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in Science Applications International by 61.4% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 15,802 shares of the information technology services provider’s stock worth $1,874,000 after buying an additional 6,011 shares during the last quarter. 76.00% of the stock is currently owned by institutional investors.

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.