6,859 Shares in Science Applications International Corporation $SAIC Purchased by AXQ Capital LP

AXQ Capital LP bought a new stake in Science Applications International Corporation (NASDAQ:SAICFree Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 6,859 shares of the company’s stock, valued at approximately $690,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SAIC. Goldman Sachs Group Inc. increased its holdings in Science Applications International by 22.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 146,555 shares of the company’s stock worth $16,454,000 after acquiring an additional 26,633 shares during the period. Empowered Funds LLC lifted its position in Science Applications International by 93.2% in the first quarter. Empowered Funds LLC now owns 10,722 shares of the company’s stock valued at $1,204,000 after purchasing an additional 5,173 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Science Applications International by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 150,204 shares of the company’s stock valued at $16,863,000 after buying an additional 7,816 shares during the last quarter. Focus Partners Wealth increased its holdings in Science Applications International by 3.3% during the 1st quarter. Focus Partners Wealth now owns 2,900 shares of the company’s stock valued at $326,000 after purchasing an additional 94 shares during the period. Finally, Baird Financial Group Inc. lifted its position in shares of Science Applications International by 1.0% in the 2nd quarter. Baird Financial Group Inc. now owns 17,335 shares of the company’s stock worth $1,952,000 after purchasing an additional 171 shares during the period. Institutional investors own 76.00% of the company’s stock.

More Science Applications International News

Here are the key news stories impacting Science Applications International this week:

Science Applications International Stock Performance

NASDAQ:SAIC opened at $114.73 on Thursday. The stock has a 50-day moving average price of $97.48 and a 200 day moving average price of $97.24. Science Applications International Corporation has a 12-month low of $81.08 and a 12-month high of $123.41. The stock has a market capitalization of $4.85 billion, a P/E ratio of 12.92 and a beta of 0.30. The company has a current ratio of 1.16, a quick ratio of 1.20 and a debt-to-equity ratio of 1.73.

Science Applications International (NASDAQ:SAICGet Free Report) last issued its earnings results on Monday, June 1st. The company reported $3.23 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.26 by $0.97. The firm had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Science Applications International had a return on equity of 36.96% and a net margin of 5.55%.The business’s revenue was up 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.42 earnings per share. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. Equities research analysts forecast that Science Applications International Corporation will post 9.99 EPS for the current fiscal year.

Science Applications International Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, July 10th. Science Applications International’s payout ratio is currently 19.25%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on SAIC shares. UBS Group upped their price target on Science Applications International from $113.00 to $119.00 and gave the stock a “neutral” rating in a research note on Wednesday. Stifel Nicolaus dropped their price objective on Science Applications International from $128.00 to $120.00 and set a “buy” rating on the stock in a research report on Tuesday, March 17th. Weiss Ratings restated a “hold (c-)” rating on shares of Science Applications International in a research report on Friday, March 27th. JPMorgan Chase & Co. boosted their target price on shares of Science Applications International from $110.00 to $125.00 and gave the company a “neutral” rating in a research report on Tuesday. Finally, Citigroup boosted their price objective on shares of Science Applications International from $120.00 to $132.00 and gave the company a “buy” rating in a research report on Tuesday. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $111.44.

Read Our Latest Stock Report on SAIC

Science Applications International Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Science Applications International (NASDAQ:SAIC)

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