CACI International, Inc. (NYSE:CACI – Get Free Report)’s share price reached a new 52-week high on Tuesday . The stock traded as high as $632.77 and last traded at $622.6060, with a volume of 12155 shares trading hands. The stock had previously closed at $610.23.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on CACI. Weiss Ratings reissued a “buy (b-)” rating on shares of CACI International in a research note on Tuesday. Stifel Nicolaus set a $670.00 price objective on CACI International in a research report on Thursday, October 23rd. Cantor Fitzgerald boosted their target price on CACI International from $535.00 to $675.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. Cowen reaffirmed a “buy” rating on shares of CACI International in a research note on Friday, October 24th. Finally, JPMorgan Chase & Co. lifted their price target on CACI International from $575.00 to $645.00 and gave the company an “overweight” rating in a report on Monday, October 27th. Thirteen investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $618.00.
Read Our Latest Analysis on CACI
CACI International Stock Performance
CACI International (NYSE:CACI – Get Free Report) last issued its quarterly earnings data on Wednesday, October 22nd. The information technology services provider reported $6.85 earnings per share for the quarter, beating analysts’ consensus estimates of $6.20 by $0.65. CACI International had a return on equity of 15.92% and a net margin of 5.70%.The business had revenue of $2.29 billion for the quarter, compared to the consensus estimate of $2.26 billion. During the same period last year, the business earned $5.93 EPS. The firm’s revenue was up 11.2% compared to the same quarter last year. CACI International has set its FY 2026 guidance at 27.130-28.030 EPS. On average, research analysts predict that CACI International, Inc. will post 23.94 EPS for the current year.
Insider Activity
In related news, CEO John S. Mengucci sold 10,175 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $492.82, for a total transaction of $5,014,443.50. Following the completion of the sale, the chief executive officer directly owned 101,536 shares of the company’s stock, valued at approximately $50,038,971.52. This represents a 9.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Captrust Financial Advisors grew its position in shares of CACI International by 3.3% in the third quarter. Captrust Financial Advisors now owns 55,915 shares of the information technology services provider’s stock valued at $27,889,000 after purchasing an additional 1,801 shares during the last quarter. Danske Bank A S bought a new stake in CACI International during the 3rd quarter valued at approximately $1,245,000. Dark Forest Capital Management LP grew its holdings in CACI International by 53.4% in the 3rd quarter. Dark Forest Capital Management LP now owns 16,592 shares of the information technology services provider’s stock valued at $8,276,000 after buying an additional 5,777 shares during the last quarter. FWL Investment Management LLC increased its position in CACI International by 10.8% in the 3rd quarter. FWL Investment Management LLC now owns 19,195 shares of the information technology services provider’s stock worth $9,574,000 after buying an additional 1,874 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its position in shares of CACI International by 0.4% in the third quarter. Public Employees Retirement System of Ohio now owns 7,292 shares of the information technology services provider’s stock valued at $3,637,000 after acquiring an additional 32 shares during the period. Institutional investors and hedge funds own 86.43% of the company’s stock.
CACI International Company Profile
CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.
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