Science Applications International Co. $SAIC Shares Purchased by SG Americas Securities LLC

SG Americas Securities LLC boosted its stake in shares of Science Applications International Co. (NYSE:SAIC) by 197.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,768 shares of the information technology services provider’s stock after purchasing an additional 13,777 shares during the period. SG Americas Securities LLC’s holdings in Science Applications International were worth $2,064,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. LSV Asset Management increased its holdings in shares of Science Applications International by 143.2% during the 2nd quarter. LSV Asset Management now owns 1,302,029 shares of the information technology services provider’s stock worth $146,621,000 after buying an additional 766,734 shares during the last quarter. Norges Bank acquired a new position in Science Applications International in the second quarter valued at $81,148,000. Arrowstreet Capital Limited Partnership grew its position in Science Applications International by 78.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 902,302 shares of the information technology services provider’s stock valued at $101,608,000 after acquiring an additional 396,037 shares during the period. AQR Capital Management LLC increased its stake in Science Applications International by 36.3% during the second quarter. AQR Capital Management LLC now owns 1,303,894 shares of the information technology services provider’s stock worth $143,578,000 after acquiring an additional 347,456 shares during the last quarter. Finally, Balyasny Asset Management L.P. purchased a new position in shares of Science Applications International in the 2nd quarter worth about $31,271,000. Institutional investors and hedge funds own 76.00% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on SAIC. Citigroup boosted their target price on Science Applications International from $122.00 to $133.00 and gave the stock a “buy” rating in a report on Tuesday. UBS Group lifted their price target 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. Finally, JPMorgan Chase & Co. increased their price objective 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. Three analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $117.70.

Science Applications International Stock Performance

Science Applications International stock opened at $108.06 on Thursday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.87 and a current ratio of 0.87. Science Applications International Co. has a one year low of $84.15 and a one year high of $124.11. The stock’s 50 day moving average price is $97.34 and its 200 day moving average price is $104.10. The firm has a market capitalization of $4.88 billion, a PE ratio of 18.22 and a beta of 0.28.

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, beating analysts’ consensus estimates of $2.07 by $0.51. The company had revenue of $1.87 billion for the quarter, compared to analyst estimates of $1.87 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The business’s quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter last year, the firm posted $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 Co. will post 8.27 EPS for the current fiscal year.

Science Applications International Announces Dividend

The firm also recently announced 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 is Wednesday, January 14th. This represents a $1.48 annualized dividend and a dividend yield of 1.4%. Science Applications International’s dividend payout ratio (DPR) is currently 18.93%.

Insider Activity

In other Science Applications International news, CEO James Reagan purchased 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 16th. The shares were acquired at an average price of $100.17 per share, for a total transaction of $100,170.00. Following the completion of the purchase, the chief executive officer owned 26,460 shares in the company, valued at $2,650,498.20. The trade was a 3.93% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.44% of the company’s stock.

Science Applications International Profile

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.