Science Applications International Co. $SAIC Shares Bought by GAMMA Investing LLC

GAMMA Investing LLC increased its holdings in Science Applications International Co. (NYSE:SAIC) by 44.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 886 shares of the information technology services provider’s stock after purchasing an additional 272 shares during the quarter. GAMMA Investing LLC’s holdings in Science Applications International were worth $100,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. raised its position in shares of Science Applications International by 14.3% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 2,500,086 shares of the information technology services provider’s stock worth $280,685,000 after purchasing an additional 313,539 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Science Applications International by 2.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,141,923 shares of the information technology services provider’s stock worth $128,202,000 after acquiring an additional 30,343 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Science Applications International by 115.8% in the first quarter. AQR Capital Management LLC now owns 956,438 shares of the information technology services provider’s stock worth $107,379,000 after acquiring an additional 513,192 shares during the last quarter. Invesco Ltd. boosted its stake in shares of Science Applications International by 124.8% in the first quarter. Invesco Ltd. now owns 874,595 shares of the information technology services provider’s stock worth $98,191,000 after acquiring an additional 485,496 shares during the last quarter. Finally, LSV Asset Management boosted its stake in shares of Science Applications International by 8.3% in the first quarter. LSV Asset Management now owns 535,295 shares of the information technology services provider’s stock worth $60,098,000 after acquiring an additional 41,139 shares during the last quarter. Institutional investors and hedge funds own 76.00% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the stock. Stifel Nicolaus dropped 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. The Goldman Sachs Group lowered their target price on Science Applications International from $104.00 to $91.00 and set a “sell” rating on the stock in a report on Monday, September 8th. UBS Group lowered their target price on Science Applications International from $111.00 to $110.00 and set a “neutral” rating on the stock in a report on Friday, September 5th. JPMorgan Chase & Co. restated a “neutral” rating and set a $115.00 target price (down from $140.00) on shares of Science Applications International in a report on Monday, September 8th. Finally, Wells Fargo & Company lifted their price objective on Science Applications International from $132.00 to $137.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 4th. Three analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Science Applications International presently has a consensus rating of “Hold” and an average target price of $120.64.

Science Applications International Stock Up 1.8%

Shares of NYSE SAIC opened at $101.13 on Thursday. The business’s fifty day simple moving average is $110.61 and its 200-day simple moving average is $112.59. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20. Science Applications International Co. has a 12-month low of $94.68 and a 12-month high of $156.34. The stock has a market cap of $4.65 billion, a P/E ratio of 17.05 and a beta of 0.49.

Science Applications International (NYSE:SAIC) last posted its earnings results on Thursday, September 4th. The information technology services provider reported $3.63 EPS for the quarter, beating the consensus estimate of $2.25 by $1.38. The firm had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.87 billion. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%.Science Applications International’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $2.05 earnings per share. Science Applications International has set its FY 2026 guidance at 9.400-9.600 EPS. As a group, equities analysts predict that Science Applications International Co. will post 8.27 EPS for the current fiscal year.

Science Applications International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 24th. Investors of record on Friday, October 10th will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, October 10th. This represents a $1.48 annualized dividend and a dividend yield of 1.5%. Science Applications International’s dividend payout ratio (DPR) is currently 17.92%.

Science Applications International Profile

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.