Science Applications International (NASDAQ:SAIC – Free Report) had its target price trimmed by Truist Financial from $110.00 to $95.00 in a research report released on Tuesday morning,Benzinga reports. The firm currently has a hold rating on the stock.
Several other analysts have also recently issued reports on SAIC. Weiss Ratings reissued a “hold (c-)” rating on shares of Science Applications International in a research report on Monday, December 29th. The Goldman Sachs Group dropped their price objective on shares of Science Applications International from $94.00 to $82.00 and set a “sell” rating for the company in a report on Thursday, February 12th. Zacks Research downgraded shares of Science Applications International from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. UBS Group increased their target price on shares of Science Applications International from $110.00 to $113.00 and gave the stock a “neutral” rating in a report on Monday, December 8th. Finally, JPMorgan Chase & Co. raised their price target on shares of Science Applications International from $115.00 to $125.00 and gave the company a “neutral” rating in a research report on Friday, December 5th. Three equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $113.89.
Get Our Latest Report on Science Applications International
Science Applications International Stock Up 1.6%
Science Applications International (NASDAQ:SAIC – Get Free Report) last released its quarterly earnings results on Monday, March 16th. The company reported $2.62 EPS for the quarter, topping the consensus estimate of $1.79 by $0.83. The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.78 billion. Science Applications International had a return on equity of 33.15% and a net margin of 4.93%.The company’s quarterly revenue was down 4.8% on a year-over-year basis. During the same period last year, the business posted $2.57 earnings per share.
Science Applications International Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Friday, April 10th will be given a $0.37 dividend. The ex-dividend date of this dividend is Friday, April 10th. This represents a $1.48 dividend on an annualized basis and a yield of 1.6%. Science Applications International’s dividend payout ratio (DPR) is currently 19.25%.
Institutional Trading of Science Applications International
A number of large investors have recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Science Applications International during the second quarter worth $81,148,000. Fuller & Thaler Asset Management Inc. raised its stake in Science Applications International by 20.2% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,626,951 shares of the company’s stock valued at $264,429,000 after buying an additional 441,296 shares in the last quarter. Arrowstreet Capital Limited Partnership raised its stake in Science Applications International by 78.2% in the second quarter. Arrowstreet Capital Limited Partnership now owns 902,302 shares of the company’s stock valued at $101,608,000 after buying an additional 396,037 shares in the last quarter. First Trust Advisors LP lifted its holdings in Science Applications International by 25.9% during the 4th quarter. First Trust Advisors LP now owns 1,912,390 shares of the company’s stock worth $192,501,000 after buying an additional 393,344 shares during the last quarter. Finally, AQR Capital Management LLC boosted its position in shares of Science Applications International by 36.3% during the 2nd quarter. AQR Capital Management LLC now owns 1,303,894 shares of the company’s stock worth $143,578,000 after acquiring an additional 347,456 shares in the last quarter. 76.00% of the stock is currently owned by hedge funds and other institutional investors.
Key Science Applications International News
Here are the key news stories impacting Science Applications International this week:
- Positive Sentiment: EPS beat and strong profitability metrics: SAIC reported $2.62 GAAP EPS, well above consensus, and showed solid return on equity and margin stability — a key reason investors are focusing on earnings quality over falling sales. Read More.
- Positive Sentiment: FY‑2027 outlook targets growth and margin expansion: Management outlined a $7.0B–$7.2B revenue target for FY‑27 and emphasized portfolio optimization and margin improvement initiatives, which supports medium‑term earnings power. Read More.
- Positive Sentiment: Wall Street support remains on some desks: Stifel lowered its target but kept a “buy” rating, signaling confidence that shares have meaningful upside on the company’s margin and cash‑flow story. Read More.
- Neutral Sentiment: Analyst reactions are mixed: Some firms cut price targets (including Truist) while others maintain constructive views — producing ambivalence in near‑term sentiment despite the EPS beat. Read More.
- Negative Sentiment: Revenue miss and sales decline: Revenue of about $1.75B fell short of some estimates and was down ~4–5% year‑over‑year, driven by civilian market weakness and enterprise IT headwinds — a headwind for multiple quarters if those end markets remain soft. Read More.
- Negative Sentiment: Near‑term skepticism from a major shop: Truist cut its target to $95 and moved to “hold,” signaling limited near‑term upside absent clearer top‑line recovery. That reduces conviction for some investors. Read More.
About Science Applications International
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.
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