SG Americas Securities LLC Has $138,000 Holdings in Science Applications International Corporation $SAIC

SG Americas Securities LLC cut its position in shares of Science Applications International Corporation (NASDAQ:SAIC) by 87.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,456 shares of the company’s stock after selling 10,159 shares during the period. SG Americas Securities LLC’s holdings in Science Applications International were worth $138,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Cresset Asset Management LLC lifted its position in Science Applications International by 4.4% in the second quarter. Cresset Asset Management LLC now owns 2,075 shares of the company’s stock worth $234,000 after purchasing an additional 88 shares during the period. Focus Partners Wealth increased its holdings in Science Applications International by 3.3% in the 1st quarter. Focus Partners Wealth now owns 2,900 shares of the company’s stock valued at $326,000 after buying an additional 94 shares during the period. International Assets Investment Management LLC increased its holdings in Science Applications International by 5.5% in the 4th quarter. International Assets Investment Management LLC now owns 2,120 shares of the company’s stock valued at $213,000 after buying an additional 111 shares during the period. Sequoia Financial Advisors LLC raised its stake in shares of Science Applications International by 3.8% in the 4th quarter. Sequoia Financial Advisors LLC now owns 3,173 shares of the company’s stock valued at $319,000 after buying an additional 115 shares in the last quarter. Finally, New York State Common Retirement Fund raised its stake in shares of Science Applications International by 0.5% in the 4th quarter. New York State Common Retirement Fund now owns 30,468 shares of the company’s stock valued at $3,067,000 after buying an additional 151 shares in the last quarter. 76.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Citigroup raised their price objective on shares of Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. BNP Paribas Exane initiated coverage on shares of Science Applications International in a research report on Wednesday, May 27th. They issued a “neutral” rating and a $95.00 price target for the company. UBS Group raised their price target on shares of Science Applications International from $113.00 to $119.00 and gave the stock a “neutral” rating in a research note on Wednesday, June 3rd. TD Cowen cut their price target on shares of Science Applications International from $130.00 to $125.00 and set a “hold” rating for the company in a research note on Tuesday, July 7th. Finally, Wall Street Zen raised Science Applications International from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 20th. Two equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Science Applications International has an average rating of “Hold” and a consensus price target of $115.22.

Science Applications International Price Performance

Shares of NASDAQ SAIC opened at $112.62 on Monday. The stock has a market cap of $4.76 billion, a PE ratio of 12.68 and a beta of 0.29. The business has a fifty day moving average of $105.13 and a two-hundred day moving average of $100.51. Science Applications International Corporation has a 52-week low of $81.08 and a 52-week high of $123.41. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.16 and a current ratio of 1.16.

Science Applications International (NASDAQ:SAIC) last issued its earnings results on Monday, June 1st. The company reported $3.23 EPS for the quarter, beating the consensus estimate of $2.26 by $0.97. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. The company had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter in the previous year, the company earned $1.42 EPS. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. As a group, equities research analysts expect that Science Applications International Corporation will post 10.15 earnings per share for the current fiscal year.

Science Applications International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be given a $0.37 dividend. The ex-dividend date is Friday, July 10th. This represents a $1.48 dividend on an annualized basis and a yield of 1.3%. Science Applications International’s payout ratio is 16.67%.

About Science Applications International

Science Applications International Corp. (SAIC) is a leading provider of technical, engineering, and enterprise IT services to the U.S. government, including the Department of Defense, the intelligence community, and civilian agencies. The company’s core offerings encompass systems engineering and integration, mission support, cybersecurity, data analytics, and cloud solutions. SAIC’s work spans the full program lifecycle, from research and development to deployment and sustainment, addressing complex defense, space, and national security challenges.

Founded in 1969 by J.