CACI International, Inc. $CACI Shares Bought by California State Teachers Retirement System

California State Teachers Retirement System increased its holdings in shares of CACI International, Inc. (NYSE:CACI) by 46,415.0% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 11,858,529 shares of the information technology services provider’s stock after purchasing an additional 11,833,035 shares during the period. California State Teachers Retirement System owned about 0.54% of CACI International worth $5,493,582,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in CACI. Quantitative Investment Management LLC acquired a new stake in shares of CACI International during the second quarter worth $658,000. Public Employees Retirement System of Ohio acquired a new position in shares of CACI International in the 2nd quarter valued at $2,887,000. First Bancorp Inc ME purchased a new position in CACI International in the 2nd quarter worth $32,000. Ancora Advisors LLC acquired a new stake in CACI International during the 2nd quarter worth about $86,000. Finally, Pinnacle Holdings LLC acquired a new stake in CACI International during the 2nd quarter worth about $56,000. Hedge funds and other institutional investors own 86.43% of the company’s stock.

CACI International Stock Down 3.0%

Shares of CACI opened at $606.38 on Thursday. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 1.09. CACI International, Inc. has a 12 month low of $434.70 and a 12 month high of $683.50. The stock’s 50 day moving average is $563.11 and its two-hundred day moving average is $545.96. The firm has a market cap of $13.40 billion, a P/E ratio of 25.11, a PEG ratio of 1.77 and a beta of 0.57.

CACI International (NYSE:CACI) last announced its earnings results on Wednesday, August 5th. The information technology services provider reported $8.91 earnings per share for the quarter, topping the consensus estimate of $7.39 by $1.52. The business had revenue of $2.71 billion during the quarter, compared to the consensus estimate of $2.70 billion. CACI International had a return on equity of 15.65% and a net margin of 5.60%.During the same period in the prior year, the company posted $8.40 EPS. The business’s quarterly revenue was up 17.6% on a year-over-year basis. CACI International has set its FY 2027 guidance at 32.960-33.860 EPS. Analysts predict that CACI International, Inc. will post 33.5 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

CACI has been the topic of several research analyst reports. BNP Paribas Exane began coverage on CACI International in a research note on Wednesday, May 27th. They set a “neutral” rating and a $550.00 price target on the stock. UBS Group raised their price objective on CACI International from $598.00 to $804.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $715.00 target price on shares of CACI International in a report on Monday, August 10th. TD Cowen dropped their target price on CACI International from $625.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $675.00 price target on shares of CACI International in a report on Wednesday, July 22nd. Eight research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, CACI International currently has an average rating of “Moderate Buy” and a consensus price target of $697.55.

CACI International Company Profile

CACI International Inc is a leading provider of information solutions and services to the U.S. federal government, with a primary focus on defense, intelligence, homeland security and federal civilian agencies. The company delivers advanced technology and domain expertise to support mission-critical operations, offering capabilities in areas such as data analytics, cyber security, network integration, enterprise IT modernization and logistics support. By integrating software, hardware and professional services, CACI helps clients enhance situational awareness, improve decision making and maintain critical infrastructure resilience.

Founded in 1962 and headquartered in Arlington, Virginia, CACI has evolved from a small consulting operation into a global enterprise.