Westport Asset Management Inc. bought a new position in shares of CACI International, Inc. (NYSE:CACI – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,000 shares of the information technology services provider’s stock, valued at approximately $2,316,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Bogart Wealth LLC increased its holdings in shares of CACI International by 2,350.0% during the 1st quarter. Bogart Wealth LLC now owns 49 shares of the information technology services provider’s stock worth $27,000 after buying an additional 47 shares during the last quarter. Elyxium Wealth LLC acquired a new position in CACI International in the fourth quarter valued at approximately $29,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in CACI International in the second quarter worth approximately $32,000. Los Angeles Capital Management LLC purchased a new position in CACI International in the fourth quarter worth approximately $54,000. Finally, Morse Asset Management Inc acquired a new stake in CACI International during the fourth quarter worth $59,000. 86.43% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
CACI has been the topic of a number of research analyst reports. UBS Group lifted their target price on CACI International from $598.00 to $804.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Jefferies Financial Group reissued a “hold” rating and set a $700.00 price objective on shares of CACI International in a research report on Sunday, August 9th. Citigroup boosted their price objective on shares of CACI International from $519.00 to $648.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. BNP Paribas Exane assumed coverage on shares of CACI International in a research report on Wednesday, May 27th. They issued a “neutral” rating and a $550.00 target price on the stock. Finally, TD Cowen decreased their target price on shares of CACI International from $625.00 to $550.00 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Eight investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $697.55.
CACI International Stock Up 1.1%
NYSE:CACI opened at $663.52 on Thursday. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 1.09. The stock’s fifty day moving average is $518.08 and its two-hundred day moving average is $542.69. CACI International, Inc. has a 52 week low of $434.70 and a 52 week high of $683.50. The stock has a market capitalization of $14.66 billion, a price-to-earnings ratio of 27.48, a price-to-earnings-growth ratio of 1.86 and a beta of 0.53.
CACI International (NYSE:CACI – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The information technology services provider reported $8.91 earnings per share for the quarter, beating analysts’ consensus estimates of $7.39 by $1.52. The business had revenue of $2.71 billion during the quarter, compared to analysts’ expectations of $2.70 billion. CACI International had a return on equity of 15.65% and a net margin of 5.60%.The company’s revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the firm posted $8.40 earnings per share. CACI International has set its FY 2027 guidance at 32.960-33.860 EPS. Research analysts anticipate that CACI International, Inc. will post 33.46 EPS for the current year.
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.
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