Tudor Investment Corp ET AL Has $8.79 Million Stock Holdings in Science Applications International Corporation $SAIC

Tudor Investment Corp ET AL boosted its position in Science Applications International Corporation (NASDAQ:SAIC) by 186.4% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 88,426 shares of the company’s stock after acquiring an additional 57,546 shares during the period. Tudor Investment Corp ET AL owned 0.19% of Science Applications International worth $8,787,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SAIC. Quent Capital LLC bought a new position in shares of Science Applications International in the 3rd quarter worth $29,000. Wexford Capital LP purchased a new stake in shares of Science Applications International during the 3rd quarter valued at $29,000. Rakuten Securities Inc. raised its stake in shares of Science Applications International by 1,915.4% during the 2nd quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock worth $30,000 after purchasing an additional 249 shares during the period. Hantz Financial Services Inc. raised its stake in shares of Science Applications International by 281.1% during the 3rd quarter. Hantz Financial Services Inc. now owns 465 shares of the company’s stock worth $46,000 after purchasing an additional 343 shares during the period. Finally, WFA of San Diego LLC purchased a new position in shares of Science Applications International in the 2nd quarter worth about $56,000. Institutional investors own 76.00% of the company’s stock.

Science Applications International Stock Performance

SAIC stock opened at $96.74 on Monday. The company has a market cap of $4.20 billion, a P/E ratio of 12.58 and a beta of 0.31. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.20 and a quick ratio of 1.20. Science Applications International Corporation has a 1 year low of $81.08 and a 1 year high of $124.11. The stock’s fifty day moving average price is $97.04 and its 200-day moving average price is $97.49.

Science Applications International (NASDAQ:SAIC) last announced its earnings results on Monday, March 16th. The company reported $2.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.79 by $0.83. Science Applications International had a return on equity of 33.15% and a net margin of 4.93%.The business had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.78 billion. During the same period last year, the firm posted $2.57 earnings per share. The business’s revenue for the quarter was down 4.8% on a year-over-year basis.

Science Applications International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Friday, April 10th will be issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Friday, April 10th. Science Applications International’s dividend payout ratio (DPR) is currently 19.25%.

Wall Street Analyst Weigh In

SAIC has been the subject of several research analyst reports. The Goldman Sachs Group decreased their price target on shares of Science Applications International from $94.00 to $82.00 and set a “sell” rating for the company in a research note on Thursday, February 12th. UBS Group lifted their target price on shares of Science Applications International from $110.00 to $113.00 and gave the company a “neutral” rating in a research report on Monday, December 8th. Stifel Nicolaus cut their price target on shares of Science Applications International from $128.00 to $120.00 and set a “buy” rating for the company in a research note on Tuesday, March 17th. Zacks Research cut shares of Science Applications International from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 2nd. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Science Applications International from $115.00 to $125.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Three research 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. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $113.89.

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.