Science Applications International Co. (NYSE:SAIC) Receives $116.44 Consensus Target Price from Brokerages

Shares of Science Applications International Co. (NYSE:SAIC) have earned a consensus recommendation of “Hold” from the ten brokerages that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $116.4444.

SAIC has been the subject of several recent research reports. JPMorgan Chase & Co. lifted their price target on Science Applications International from $115.00 to $125.00 and gave the company a “neutral” rating in a research report on Friday, December 5th. The Goldman Sachs Group reduced their target price on Science Applications International from $94.00 to $82.00 and set a “sell” rating for the company in a report on Thursday, February 12th. Citigroup upped their price target on Science Applications International from $122.00 to $133.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Finally, UBS Group raised their price objective 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.

Science Applications International Price Performance

SAIC opened at $89.91 on Wednesday. The firm has a 50-day moving average price of $101.57 and a 200-day moving average price of $101.22. Science Applications International has a twelve month low of $81.08 and a twelve month high of $124.11. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. The company has a market capitalization of $4.06 billion, a price-to-earnings ratio of 15.16 and a beta of 0.28.

Science Applications International (NYSE:SAIC) last released its quarterly earnings data on Thursday, December 4th. The information technology services provider reported $2.58 EPS for the quarter, topping the consensus estimate 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 company had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.87 billion. During the same period last year, the firm earned $2.61 EPS. Science Applications International’s revenue for the quarter 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. Equities analysts expect that Science Applications International will post 8.27 EPS for the current year.

Science Applications International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, January 14th. Science Applications International’s dividend payout ratio (DPR) is presently 18.93%.

Insider Buying and Selling 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. Insiders own 0.44% of the company’s stock.

Hedge Funds Weigh In On Science Applications International

A number of institutional investors have recently made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. lifted its holdings in shares of Science Applications International by 324.1% during the 2nd 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 during the last quarter. Los Angeles Capital Management LLC purchased a new stake in Science Applications International during the fourth quarter valued at about $25,000. Transamerica Financial Advisors LLC lifted its stake in Science Applications International by 477.8% during the fourth quarter. Transamerica Financial Advisors LLC now owns 260 shares of the information technology services provider’s stock worth $26,000 after purchasing an additional 215 shares during the last quarter. Rakuten Securities Inc. boosted its holdings in shares of Science Applications International by 1,915.4% in the 2nd quarter. Rakuten Securities Inc. now owns 262 shares of the information technology services provider’s stock worth $30,000 after purchasing an additional 249 shares in the last quarter. Finally, Quent Capital LLC bought a new position in shares of Science Applications International during the 3rd quarter valued at about $29,000. Institutional investors own 76.00% of the company’s stock.

Science Applications International Company 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.