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

Science Applications International Co. (NYSE:SAIC) has been given an average recommendation of “Hold” by the ten research firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is $117.70.

SAIC has been the subject of several recent analyst reports. Citigroup lifted their price target on Science Applications International from $122.00 to $133.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. JPMorgan Chase & Co. raised their target price on shares of Science Applications International from $115.00 to $125.00 and gave the stock a “neutral” rating in a research report on Friday, December 5th. Finally, UBS Group boosted their target price on shares of Science Applications International from $110.00 to $113.00 and gave the company a “neutral” rating in a report on Monday, December 8th.

Insider Buying and Selling at Science Applications International

In other news, CEO James Reagan bought 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were acquired at an average cost of $100.17 per share, with a total value of $100,170.00. Following the transaction, the chief executive officer owned 26,460 shares of the company’s stock, valued at $2,650,498.20. This represents a 3.93% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 0.44% of the company’s stock.

Institutional Trading of Science Applications International

Several large investors have recently added to or reduced their stakes in the stock. Goldman Sachs Group Inc. lifted its position in shares of Science Applications International by 22.2% during the first quarter. Goldman Sachs Group Inc. now owns 146,555 shares of the information technology services provider’s stock worth $16,454,000 after purchasing an additional 26,633 shares in the last quarter. Empowered Funds LLC increased its stake in Science Applications International by 93.2% during the 1st quarter. Empowered Funds LLC now owns 10,722 shares of the information technology services provider’s stock worth $1,204,000 after buying an additional 5,173 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Science Applications International by 5.5% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 150,204 shares of the information technology services provider’s stock worth $16,863,000 after buying an additional 7,816 shares in the last quarter. Focus Partners Wealth boosted its position in Science Applications International by 3.3% in the 1st quarter. Focus Partners Wealth now owns 2,900 shares of the information technology services provider’s stock valued at $326,000 after buying an additional 94 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC boosted its position in Science Applications International by 61.4% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 15,802 shares of the information technology services provider’s stock valued at $1,874,000 after buying an additional 6,011 shares during the last quarter. 76.00% of the stock is currently owned by institutional investors and hedge funds.

Science Applications International Stock Up 1.0%

SAIC stock opened at $110.14 on Friday. The company has a 50 day moving average price of $100.03 and a two-hundred day moving average price of $103.85. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.87 and a current ratio of 0.87. The stock has a market capitalization of $4.97 billion, a P/E ratio of 18.57 and a beta of 0.28. Science Applications International has a one year low of $84.15 and a one year high of $124.11.

Science Applications International (NYSE:SAIC) last posted its quarterly earnings data on Thursday, December 4th. The information technology services provider reported $2.58 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.51. The business had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%.The business’s revenue was down 5.6% on a year-over-year basis. During the same quarter last year, the firm earned $2.61 earnings per share. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. As a group, sell-side analysts expect that Science Applications International will post 8.27 EPS for the current year.

Science Applications International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th will be paid a dividend of $0.37 per share. 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 currently 18.93%.

About Science Applications International

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.