Dimensional Fund Advisors LP Has $145.73 Million Stock Holdings in Science Applications International Corporation $SAIC

Dimensional Fund Advisors LP lifted its position in Science Applications International Corporation (NASDAQ:SAIC) by 13.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 1,535,288 shares of the company’s stock after purchasing an additional 185,066 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Science Applications International were worth $145,730,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Allspring Global Investments Holdings LLC boosted its position in Science Applications International by 19.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 216,067 shares of the company’s stock valued at $21,870,000 after buying an additional 35,814 shares in the last quarter. LBP AM SA grew its stake in shares of Science Applications International by 39.1% during the fourth quarter. LBP AM SA now owns 80,767 shares of the company’s stock valued at $8,130,000 after purchasing an additional 22,692 shares during the last quarter. Tudor Investment Corp ET AL increased its stake in shares of Science Applications International by 186.4% in the 3rd quarter. Tudor Investment Corp ET AL now owns 88,426 shares of the company’s stock valued at $8,787,000 after buying an additional 57,546 shares during the period. Wedge Capital Management L L P NC increased its position in Science Applications International by 16.5% in the fourth quarter. Wedge Capital Management L L P NC now owns 79,787 shares of the company’s stock worth $8,031,000 after purchasing an additional 11,306 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Science Applications International by 57.8% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 54,395 shares of the company’s stock worth $5,514,000 after buying an additional 19,920 shares during the period. Institutional investors and hedge funds own 76.00% of the company’s stock.

Science Applications International Price Performance

NASDAQ:SAIC opened at $118.99 on Monday. The stock has a market capitalization of $5.03 billion, a PE ratio of 13.40 and a beta of 0.29. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.73. The firm has a fifty day simple moving average of $109.36 and a 200 day simple moving average of $101.37. Science Applications International Corporation has a 1-year low of $81.08 and a 1-year high of $123.41.

Science Applications International (NASDAQ:SAIC) last announced its quarterly earnings data on Monday, June 1st. The company reported $3.23 EPS for the quarter, beating analysts’ consensus estimates of $2.26 by $0.97. The company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.82 billion. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. The company’s quarterly revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.42 EPS. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. On average, research analysts expect that Science Applications International Corporation will post 10.01 EPS for the current fiscal year.

Science Applications International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 24th. Investors of record on Friday, July 10th were issued a dividend of $0.37 per share. The ex-dividend date was Friday, July 10th. This represents a $1.48 dividend on an annualized basis and a yield of 1.2%. Science Applications International’s dividend payout ratio (DPR) is presently 16.67%.

Wall Street Analysts Forecast Growth

SAIC has been the subject of a number of analyst reports. Weiss Ratings raised Science Applications International from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, June 11th. The Goldman Sachs Group increased their target price on shares of Science Applications International from $85.00 to $96.00 and gave the stock a “sell” rating in a report on Friday, June 12th. Citigroup lifted their price target on shares of Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. Truist Financial reiterated a “hold” rating and issued a $110.00 price objective (up from $95.00) on shares of Science Applications International in a research report on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. increased their target price on Science Applications International from $110.00 to $125.00 and gave the stock a “neutral” rating in a report on Tuesday, June 2nd. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $115.22.

Science Applications International Profile

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.