Argent Capital Management LLC Takes Position in CACI International, Inc. $CACI

Argent Capital Management LLC acquired a new stake in shares of CACI International, Inc. (NYSE:CACI) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 9,483 shares of the information technology services provider’s stock, valued at approximately $5,158,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Oregon Public Employees Retirement Fund lifted its stake in shares of CACI International by 0.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 4,416 shares of the information technology services provider’s stock valued at $2,353,000 after buying an additional 29 shares in the last quarter. Hilltop Holdings Inc. lifted its stake in CACI International by 5.8% in the 3rd quarter. Hilltop Holdings Inc. now owns 545 shares of the information technology services provider’s stock worth $272,000 after purchasing an additional 30 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of CACI International by 0.4% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 7,292 shares of the information technology services provider’s stock valued at $3,637,000 after purchasing an additional 32 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of CACI International by 9.7% during the 1st quarter. EverSource Wealth Advisors LLC now owns 395 shares of the information technology services provider’s stock valued at $215,000 after purchasing an additional 35 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC grew its position in shares of CACI International by 7.4% during the first quarter. Fifth Third Wealth Advisors LLC now owns 624 shares of the information technology services provider’s stock valued at $339,000 after purchasing an additional 43 shares in the last quarter. 86.43% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CACI shares. Weiss Ratings downgraded CACI International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, May 19th. Jefferies Financial Group cut their price target on CACI International from $550.00 to $510.00 and set a “hold” rating for the company in a report on Wednesday, July 1st. TD Cowen reduced their price objective on CACI International from $625.00 to $550.00 and set a “buy” rating on the stock in a research note on Tuesday, July 7th. JPMorgan Chase & Co. decreased their price objective on CACI International from $700.00 to $645.00 and set an “overweight” rating on the stock in a report on Monday, June 15th. Finally, Citigroup lowered their price objective on shares of CACI International from $555.00 to $519.00 and set a “neutral” rating for the company in a research report on Wednesday, July 1st. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $609.09.

CACI International Price Performance

Shares of CACI stock opened at $499.53 on Friday. CACI International, Inc. has a 52-week low of $434.70 and a 52-week high of $683.50. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.61 and a current ratio of 1.61. The firm has a market capitalization of $11.03 billion, a P/E ratio of 20.61, a P/E/G ratio of 1.48 and a beta of 0.54. The stock has a 50 day moving average price of $490.52 and a 200 day moving average price of $543.80.

CACI International Profile

CACI International Inc is a leading provider of information solutions and services to the U.S. federal government, with a primary focus on defense, intelligence, homeland security and federal civilian agencies. The company delivers advanced technology and domain expertise to support mission-critical operations, offering capabilities in areas such as data analytics, cyber security, network integration, enterprise IT modernization and logistics support. By integrating software, hardware and professional services, CACI helps clients enhance situational awareness, improve decision making and maintain critical infrastructure resilience.

Founded in 1962 and headquartered in Arlington, Virginia, CACI has evolved from a small consulting operation into a global enterprise.