Science Applications International Co. $SAIC Stock Holdings Lowered by Armstrong Fleming & Moore Inc

Armstrong Fleming & Moore Inc decreased its holdings in Science Applications International Co. (NYSE:SAIC) by 14.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 32,335 shares of the information technology services provider’s stock after selling 5,297 shares during the quarter. Science Applications International accounts for approximately 1.5% of Armstrong Fleming & Moore Inc’s holdings, making the stock its 12th largest position. Armstrong Fleming & Moore Inc’s holdings in Science Applications International were worth $3,213,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Canada Pension Plan Investment Board boosted its position in shares of Science Applications International by 163.5% during the 1st quarter. Canada Pension Plan Investment Board now owns 90,900 shares of the information technology services provider’s stock valued at $10,205,000 after purchasing an additional 56,400 shares in the last quarter. Baird Financial Group Inc. boosted its holdings in Science Applications International by 16.9% during the first quarter. Baird Financial Group Inc. now owns 17,164 shares of the information technology services provider’s stock worth $1,927,000 after buying an additional 2,480 shares in the last quarter. Quarry LP grew its position in Science Applications International by 97.0% in the first quarter. Quarry LP now owns 595 shares of the information technology services provider’s stock worth $67,000 after buying an additional 293 shares during the last quarter. Focus Partners Advisor Solutions LLC bought a new position in shares of Science Applications International in the first quarter valued at $330,000. Finally, PDT Partners LLC acquired a new stake in shares of Science Applications International during the 1st quarter valued at $3,441,000. 76.00% of the stock is currently owned by institutional investors.

Science Applications International Price Performance

Science Applications International stock opened at $102.48 on Wednesday. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20. The firm has a market capitalization of $4.62 billion, a P/E ratio of 17.28 and a beta of 0.30. The business has a 50-day moving average of $94.19 and a 200-day moving average of $103.93. Science Applications International Co. has a 1 year low of $84.15 and a 1 year high of $124.11.

Science Applications International (NYSE:SAIC) last announced its earnings results on Thursday, December 4th. The information technology services provider reported $2.58 EPS for the quarter, topping the consensus estimate of $2.07 by $0.51. The business had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.87 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. Science Applications International’s revenue was down 5.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.61 EPS. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. On average, equities analysts anticipate that Science Applications International Co. will post 8.27 EPS for the current year.

Science Applications International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th will be given a dividend of $0.37 per share. The ex-dividend date is Wednesday, January 14th. This represents a $1.48 annualized dividend and a dividend yield of 1.4%. Science Applications International’s dividend payout ratio is 18.93%.

Insider Buying and Selling at Science Applications International

In other Science Applications International news, CEO James Reagan acquired 1,000 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were purchased at an average cost of $100.17 per share, with a total value of $100,170.00. Following the completion of the purchase, the chief executive officer owned 26,460 shares of the company’s stock, valued at approximately $2,650,498.20. This represents a 3.93% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 0.67% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of research firms have commented on SAIC. Stifel Nicolaus reduced their price objective on shares of Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, September 5th. Citigroup initiated coverage on shares of Science Applications International in a research report on Friday, December 12th. They issued a “buy” rating and a $122.00 price target for the company. Jefferies Financial Group lowered their price objective on shares of Science Applications International from $130.00 to $115.00 and set a “hold” rating on the stock in a research report on Wednesday, September 10th. JPMorgan Chase & Co. boosted their target price 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. Finally, UBS Group increased their target price on Science Applications International from $110.00 to $113.00 and gave the company a “neutral” rating in a report on Monday, December 8th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $116.91.

Science Applications International Company Profile

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.