Science Applications International (NYSE:SAIC) CEO Buys $100,170.00 in Stock

Science Applications International Co. (NYSE:SAIC) CEO James Reagan bought 1,000 shares of the business’s stock in a transaction 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 approximately $2,650,498.20. The trade was a 3.93% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this link.

Science Applications International Stock Performance

Shares of NYSE:SAIC traded up $2.30 during midday trading on Wednesday, reaching $102.65. 437,739 shares of the company’s stock traded hands, compared to its average volume of 628,765. 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 company has a market cap of $4.63 billion, a price-to-earnings ratio of 17.34 and a beta of 0.30. The stock has a 50 day moving average of $93.34 and a 200 day moving average of $104.00.

Science Applications International (NYSE:SAIC) last issued its earnings results 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 company had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.87 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The firm’s quarterly revenue was down 5.6% on a year-over-year basis. During the same quarter last year, the company posted $2.61 earnings per share. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. As a group, equities research analysts anticipate 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. Investors of record on Wednesday, January 14th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.4%. The ex-dividend date is Wednesday, January 14th. Science Applications International’s payout ratio is 18.93%.

Institutional Investors Weigh In On Science Applications International

Several large investors have recently bought and sold shares of SAIC. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Science Applications International by 324.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246 shares of the information technology services provider’s stock worth $28,000 after acquiring an additional 188 shares in the last quarter. Rakuten Securities Inc. grew its holdings in Science Applications International by 1,915.4% during the 2nd quarter. Rakuten Securities Inc. now owns 262 shares of the information technology services provider’s stock valued at $30,000 after purchasing an additional 249 shares during the last quarter. Quent Capital LLC purchased a new stake in Science Applications International in the 3rd quarter worth about $29,000. Wexford Capital LP purchased a new stake in Science Applications International in the 3rd quarter worth about $29,000. Finally, US Bancorp DE lifted its stake in Science Applications International by 38.5% in the first quarter. US Bancorp DE now owns 324 shares of the information technology services provider’s stock worth $36,000 after purchasing an additional 90 shares during the last quarter. Institutional investors own 76.00% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on SAIC shares. Citigroup started coverage on Science Applications International in a research note on Friday, December 12th. They issued a “buy” rating and a $122.00 price objective on the stock. 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 note on Friday, December 5th. The Goldman Sachs Group lowered their price target on shares of Science Applications International from $104.00 to $91.00 and set a “sell” rating on the stock in a report on Monday, September 8th. Jefferies Financial Group reduced their price objective on shares of Science Applications International from $130.00 to $115.00 and set a “hold” rating for the company in a research note on Wednesday, September 10th. Finally, Stifel Nicolaus decreased their price objective on shares of Science Applications International from $130.00 to $128.00 and set a “buy” rating on the stock in a research report on Friday, September 5th. Three investment analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $116.91.

Science Applications International Company Profile

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.