River Road Asset Management LLC Has $48.28 Million Stake in Science Applications International Corporation $SAIC

River Road Asset Management LLC lifted its position in shares of Science Applications International Corporation (NASDAQ:SAIC) by 44.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 479,677 shares of the company’s stock after purchasing an additional 147,438 shares during the period. River Road Asset Management LLC owned 1.06% of Science Applications International worth $48,284,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Los Angeles Capital Management LLC acquired a new stake in shares of Science Applications International during the fourth quarter worth $25,000. Transamerica Financial Advisors LLC boosted its position in shares of Science Applications International by 477.8% in the fourth quarter. Transamerica Financial Advisors LLC now owns 260 shares of the company’s stock valued at $26,000 after acquiring an additional 215 shares during the period. Rakuten Securities Inc. grew its stake in shares of Science Applications International by 1,915.4% in the second quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock valued at $30,000 after acquiring an additional 249 shares in the last quarter. Wexford Capital LP acquired a new position in shares of Science Applications International in the third quarter valued at about $29,000. Finally, Global Retirement Partners LLC bought a new position in Science Applications International during the fourth quarter worth about $35,000. 76.00% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SAIC. BNP Paribas Exane initiated coverage on shares of Science Applications International in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $95.00 price objective for the company. Wall Street Zen upgraded shares of Science Applications International from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Truist Financial reiterated a “hold” rating and issued a $110.00 price target (up from $95.00) on shares of Science Applications International in a research report on Tuesday, June 2nd. The Goldman Sachs Group boosted their price target on Science Applications International from $85.00 to $96.00 and gave the company a “sell” rating in a research note on Friday, June 12th. Finally, UBS Group increased their price target on Science Applications International from $113.00 to $119.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $114.00.

Science Applications International Trading Down 4.1%

Shares of Science Applications International stock opened at $102.39 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 1.73. Science Applications International Corporation has a 12-month low of $81.08 and a 12-month high of $123.41. The company has a market capitalization of $4.33 billion, a price-to-earnings ratio of 11.53 and a beta of 0.30. The firm’s 50-day moving average price is $100.53 and its two-hundred day moving average price is $99.23.

Science Applications International (NASDAQ:SAIC) last issued its earnings results on Monday, June 1st. The company reported $3.23 EPS for the quarter, beating the consensus estimate of $2.26 by $0.97. The company had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.82 billion. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $1.42 EPS. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. On average, analysts forecast that Science Applications International Corporation will post 10.18 earnings per share for the current fiscal year.

Science Applications International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th 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 Friday, July 10th. Science Applications International’s payout ratio is currently 16.67%.

About Science Applications International

Science Applications International Corp. (SAIC) is a leading provider of technical, engineering, and enterprise IT services to the U.S. government, including the Department of Defense, the intelligence community, and civilian agencies. The company’s core offerings encompass systems engineering and integration, mission support, cybersecurity, data analytics, and cloud solutions. SAIC’s work spans the full program lifecycle, from research and development to deployment and sustainment, addressing complex defense, space, and national security challenges.

Founded in 1969 by J.