Wells Fargo & Company upgraded shares of CACI International (NYSE:CACI – Free Report) to a strong-buy rating in a research note published on Tuesday morning,Zacks.com reports.
Several other equities analysts have also recently issued reports on the company. JPMorgan Chase & Co. boosted their target price on CACI International from $645.00 to $700.00 and gave the company an “overweight” rating in a research note on Tuesday, February 3rd. Truist Financial set a $800.00 price target on CACI International in a research note on Thursday, January 22nd. Jefferies Financial Group lifted their price target on shares of CACI International from $670.00 to $690.00 and gave the company a “hold” rating in a report on Monday, March 16th. Weiss Ratings reissued a “buy (b-)” rating on shares of CACI International in a research report on Monday, December 29th. Finally, UBS Group upped their price objective on shares of CACI International from $752.00 to $787.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $651.55.
Check Out Our Latest Report on CACI
CACI International Stock Performance
CACI International (NYSE:CACI – Get Free Report) last announced its quarterly earnings results on Wednesday, January 21st. The information technology services provider reported $6.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $6.41 by $0.40. CACI International had a return on equity of 15.93% and a net margin of 5.77%.The company had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.28 billion. During the same quarter in the previous year, the business earned $5.95 EPS. CACI International’s revenue was up 5.7% compared to the same quarter last year. CACI International has set its FY 2026 guidance at 28.250-28.920 EPS. Sell-side analysts expect that CACI International will post 23.94 EPS for the current year.
Insider Buying and Selling
In other CACI International news, Director Debora A. Plunkett sold 220 shares of CACI International stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $603.30, for a total transaction of $132,726.00. Following the completion of the transaction, the director owned 2,428 shares in the company, valued at approximately $1,464,812.40. The trade was a 8.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP J William Koegel, Jr. sold 2,000 shares of CACI International stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $615.06, for a total value of $1,230,120.00. Following the transaction, the executive vice president owned 25,931 shares of the company’s stock, valued at $15,949,120.86. The trade was a 7.16% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.10% of the company’s stock.
Hedge Funds Weigh In On CACI International
Institutional investors and hedge funds have recently modified their holdings of the stock. Farther Finance Advisors LLC boosted its stake in CACI International by 2.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,090 shares of the information technology services provider’s stock worth $544,000 after purchasing an additional 25 shares in the last quarter. Jones Financial Companies Lllp increased its stake in CACI International by 3.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 739 shares of the information technology services provider’s stock valued at $359,000 after purchasing an additional 26 shares in the last quarter. Wedbush Securities Inc. increased its stake in CACI International by 0.8% during the 3rd quarter. Wedbush Securities Inc. now owns 3,474 shares of the information technology services provider’s stock valued at $1,733,000 after purchasing an additional 28 shares in the last quarter. Oregon Public Employees Retirement Fund raised its holdings in CACI International by 0.7% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 4,416 shares of the information technology services provider’s stock worth $2,353,000 after buying an additional 29 shares during the last quarter. Finally, Hilltop Holdings Inc. raised its holdings in CACI International by 5.8% in the third quarter. Hilltop Holdings Inc. now owns 545 shares of the information technology services provider’s stock worth $272,000 after buying an additional 30 shares during the last quarter. 86.43% of the stock is currently owned by institutional investors.
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.
Further Reading
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