Science Applications International (NYSE:SAIC) Shares Down 6.7% – Should You Sell?

Shares of Science Applications International Co. (NYSE:SAIC) dropped 6.7% during trading on Monday . The company traded as low as $103.50 and last traded at $102.7550. Approximately 231,442 shares changed hands during trading, a decline of 53% from the average daily volume of 492,904 shares. The stock had previously closed at $110.14.

Analysts Set New Price Targets

Several equities research analysts have recently commented on SAIC shares. JPMorgan Chase & Co. boosted 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 report on Friday, December 5th. UBS Group lifted their price target on Science Applications International from $110.00 to $113.00 and gave the company a “neutral” rating in a research note on Monday, December 8th. Finally, Citigroup boosted their price objective on Science Applications International from $122.00 to $133.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $117.70.

Science Applications International Trading Down 0.1%

The stock has a market capitalization of $4.67 billion, a PE ratio of 17.46 and a beta of 0.28. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20. The firm has a 50-day moving average price of $101.07 and a 200-day moving average price of $103.52.

Science Applications International (NYSE:SAIC) last released its earnings results on Thursday, December 4th. The information technology services provider reported $2.58 earnings per share for the quarter, beating analysts’ consensus estimates of $2.07 by $0.51. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The firm had revenue of $1.87 billion for the quarter, compared to analysts’ expectations of $1.87 billion. During the same period in the previous year, the company earned $2.61 earnings per share. The company’s quarterly revenue was down 5.6% on a year-over-year basis. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. As a group, equities analysts forecast that Science Applications International Co. will post 8.27 EPS for the current fiscal year.

Science Applications International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th will be issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Wednesday, January 14th. Science Applications International’s dividend payout ratio is presently 18.93%.

Insider Transactions at Science Applications International

In other news, CEO James Reagan purchased 1,000 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were purchased at an average price of $100.17 per share, with a total value of $100,170.00. Following the completion of the acquisition, the chief executive officer owned 26,460 shares in the company, valued at $2,650,498.20. This trade represents a 3.93% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.67% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. increased its position in shares of Science Applications International by 22.2% in the first quarter. Goldman Sachs Group Inc. now owns 146,555 shares of the information technology services provider’s stock valued at $16,454,000 after acquiring an additional 26,633 shares during the period. Empowered Funds LLC grew its stake in shares of Science Applications International by 93.2% in the first quarter. Empowered Funds LLC now owns 10,722 shares of the information technology services provider’s stock worth $1,204,000 after purchasing an additional 5,173 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in Science Applications International by 5.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 150,204 shares of the information technology services provider’s stock valued at $16,863,000 after purchasing an additional 7,816 shares during the period. Focus Partners Wealth increased its holdings in Science Applications International by 3.3% during the 1st quarter. Focus Partners Wealth now owns 2,900 shares of the information technology services provider’s stock valued at $326,000 after purchasing an additional 94 shares during the period. Finally, GAMMA Investing LLC raised its position in Science Applications International by 44.3% during the 2nd quarter. GAMMA Investing LLC now owns 886 shares of the information technology services provider’s stock valued at $100,000 after purchasing an additional 272 shares during the last quarter. Hedge funds and other institutional investors own 76.00% of the company’s stock.

About Science Applications International

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.