Science Applications International Co. (NYSE:SAIC) Given Consensus Rating of “Hold” by Brokerages

Science Applications International Co. (NYSE:SAIC) has been given a consensus rating of “Hold” by the eleven research firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $116.9091.

SAIC has been the topic of several recent research reports. UBS Group boosted their price target on Science Applications International from $110.00 to $113.00 and gave the company a “neutral” rating in a research report on Monday, December 8th. Citigroup began coverage on Science Applications International in a report on Friday, December 12th. They issued a “buy” rating and a $122.00 target price on the stock. Jefferies Financial Group cut their price target on Science Applications International from $130.00 to $115.00 and set a “hold” rating for the company in a research note on Wednesday, September 10th. The Goldman Sachs Group lowered their price objective on shares of Science Applications International from $104.00 to $91.00 and set a “sell” rating on the stock in a research report on Monday, September 8th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Science Applications International from $115.00 to $125.00 and gave the company a “neutral” rating in a research note on Friday, December 5th.

Insider Buying and Selling at Science Applications International

In other Science Applications International news, CEO James Reagan purchased 1,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 16th. The shares were purchased at an average cost of $100.17 per share, for a total transaction of $100,170.00. Following the completion of the purchase, the chief executive officer directly owned 26,460 shares in the company, valued at $2,650,498.20. This represents a 3.93% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.44% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Science Applications International

Several institutional investors have recently made changes to their positions in SAIC. LSV Asset Management increased its holdings in shares of Science Applications International by 143.2% in the 2nd quarter. LSV Asset Management now owns 1,302,029 shares of the information technology services provider’s stock valued at $146,621,000 after purchasing an additional 766,734 shares in the last quarter. Norges Bank acquired a new position in Science Applications International during the second quarter worth about $81,148,000. AQR Capital Management LLC increased its holdings in Science Applications International by 115.8% in the first quarter. AQR Capital Management LLC now owns 956,438 shares of the information technology services provider’s stock valued at $107,379,000 after buying an additional 513,192 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Science Applications International by 78.2% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 902,302 shares of the information technology services provider’s stock valued at $101,608,000 after acquiring an additional 396,037 shares during the period. Finally, Balyasny Asset Management L.P. purchased a new stake in shares of Science Applications International during the 2nd quarter worth approximately $31,271,000. 76.00% of the stock is currently owned by hedge funds and other institutional investors.

Science Applications International Stock Up 0.6%

SAIC stock opened at $101.22 on Tuesday. The company has a fifty day moving average price of $94.39 and a 200 day moving average price of $103.85. Science Applications International has a 12 month low of $84.15 and a 12 month high of $124.11. The company has a market cap of $4.57 billion, a price-to-earnings ratio of 17.07 and a beta of 0.30. 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 (NYSE:SAIC) last issued its quarterly earnings data on Thursday, December 4th. The information technology services provider reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.51. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.87 billion. During the same period last year, the firm posted $2.61 EPS. Science Applications International’s revenue for the quarter was down 5.6% on a year-over-year basis. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. Sell-side analysts expect that Science Applications International will post 8.27 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 Wednesday, January 28th. Stockholders of record on Wednesday, January 14th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Wednesday, January 14th. Science Applications International’s dividend payout ratio is 18.93%.

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.