Nisa Investment Advisors LLC Has $462,000 Holdings in Science Applications International Co. $SAIC

Nisa Investment Advisors LLC raised its holdings in shares of Science Applications International Co. (NYSE:SAIC) by 52.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,101 shares of the information technology services provider’s stock after acquiring an additional 1,418 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Science Applications International were worth $462,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SAIC. GAMMA Investing LLC grew its stake in Science Applications International by 96.8% during the 1st quarter. GAMMA Investing LLC now owns 614 shares of the information technology services provider’s stock valued at $69,000 after acquiring an additional 302 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. grew its stake in Science Applications International by 9.4% during the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 3,160 shares of the information technology services provider’s stock valued at $355,000 after acquiring an additional 271 shares in the last quarter. Concurrent Investment Advisors LLC purchased a new position in Science Applications International during the 1st quarter valued at about $204,000. Rice Partnership LLC purchased a new position in Science Applications International during the 1st quarter valued at about $217,000. Finally, Envestnet Asset Management Inc. grew its stake in Science Applications International by 17.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 41,141 shares of the information technology services provider’s stock valued at $4,619,000 after acquiring an additional 6,137 shares in the last quarter. Hedge funds and other institutional investors own 76.00% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. JPMorgan Chase & Co. reaffirmed a “neutral” rating and set a $115.00 target price (down previously from $140.00) on shares of Science Applications International in a research note on Monday, September 8th. UBS Group lowered their price target on Science Applications International from $111.00 to $110.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. Stifel Nicolaus lowered their price target on 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. Jefferies Financial Group lowered their price target on Science Applications International from $130.00 to $115.00 and set a “hold” rating for the company in a research note on Wednesday, September 10th. Finally, The Goldman Sachs Group lowered their price target on Science Applications International from $104.00 to $91.00 and set a “sell” rating for the company in a research note on Monday, September 8th. Two investment 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $115.10.

Science Applications International Stock Up 2.4%

Shares of Science Applications International stock opened at $93.71 on Monday. The stock has a market capitalization of $4.31 billion, a P/E ratio of 15.80 and a beta of 0.44. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. The stock has a 50 day moving average price of $102.56 and a two-hundred day moving average price of $110.33. Science Applications International Co. has a 12-month low of $90.14 and a 12-month high of $156.34.

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

Science Applications International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 24th. Stockholders of record on Friday, October 10th were issued a dividend of $0.37 per share. The ex-dividend date was Friday, October 10th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.6%. Science Applications International’s payout ratio is 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.