Science Applications International Co. (NYSE:SAIC) Receives Average Rating of “Hold” from Analysts

Shares of Science Applications International Co. (NYSE:SAIC) have been assigned an average rating of “Hold” from the ten analysts that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $117.70.

A number of research analysts have commented on the stock. UBS Group increased their price objective on shares of Science Applications International from $110.00 to $113.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. JPMorgan Chase & Co. upped 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, Citigroup increased their price target on shares of Science Applications International from $122.00 to $133.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th.

Insider Buying and Selling

In related news, CEO James Reagan acquired 1,000 shares of Science Applications International stock in a transaction that occurred on Tuesday, December 16th. The stock was acquired at an average price of $100.17 per share, for a total transaction of $100,170.00. Following the transaction, the chief executive officer directly owned 26,460 shares of the company’s stock, valued at $2,650,498.20. This trade represents a 3.93% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.44% of the stock is currently owned by insiders.

Institutional Trading of Science Applications International

Hedge funds have recently added to or reduced their stakes in the business. LSV Asset Management lifted its stake 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 worth $146,621,000 after acquiring an additional 766,734 shares during the period. Norges Bank bought a new stake in Science Applications International during the second quarter worth approximately $81,148,000. Arrowstreet Capital Limited Partnership lifted its position in Science Applications International by 78.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 902,302 shares of the information technology services provider’s stock worth $101,608,000 after purchasing an additional 396,037 shares during the period. AQR Capital Management LLC lifted its position in Science Applications International by 36.3% in the second quarter. AQR Capital Management LLC now owns 1,303,894 shares of the information technology services provider’s stock worth $143,578,000 after purchasing an additional 347,456 shares during the period. Finally, Balyasny Asset Management L.P. bought a new position in Science Applications International during the 2nd quarter valued at $31,271,000. Institutional investors own 76.00% of the company’s stock.

Science Applications International Price Performance

Shares of NYSE SAIC opened at $110.14 on Friday. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. Science Applications International has a fifty-two week low of $84.15 and a fifty-two week high of $124.11. The business has a 50 day moving average price of $100.03 and a two-hundred day moving average price of $103.85. The firm has a market cap of $4.97 billion, a PE ratio of 18.57 and a beta of 0.28.

Science Applications International (NYSE:SAIC) last released its earnings results on Thursday, December 4th. The information technology services provider reported $2.58 EPS for the quarter, beating the consensus estimate of $2.07 by $0.51. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%.The company had revenue of $1.87 billion during the quarter, compared to analysts’ expectations of $1.87 billion. During the same period in the prior year, the business posted $2.61 EPS. The business’s revenue 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 fiscal year.

Science Applications International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th will be issued a $0.37 dividend. The ex-dividend date of this dividend is Wednesday, January 14th. This represents a $1.48 annualized dividend and a dividend yield of 1.3%. Science Applications International’s payout ratio is 18.93%.

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.