James Reagan Purchases 1,000 Shares of Science Applications International (NYSE:SAIC) Stock

Science Applications International Co. (NYSE:SAIC) CEO James Reagan acquired 1,000 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was purchased at an average cost of $100.17 per share, for a total transaction of $100,170.00. Following the completion of the transaction, the chief executive officer owned 26,460 shares in the company, valued at approximately $2,650,498.20. The trade was a 3.93% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website.

Science Applications International Price Performance

Shares of SAIC opened at $100.74 on Friday. The firm has a market capitalization of $4.55 billion, a price-to-earnings ratio of 16.99 and a beta of 0.30. The firm’s fifty day simple moving average is $93.41 and its 200-day simple moving average is $103.97. Science Applications International Co. has a twelve month low of $84.15 and a twelve month high of $124.11. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20.

Science Applications International (NYSE:SAIC) last issued its earnings results on Thursday, December 4th. The information technology services provider reported $2.58 EPS for the quarter, topping 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 during the quarter, compared to the consensus estimate of $1.87 billion. During the same quarter in the previous year, the firm posted $2.61 earnings per share. The company’s revenue was down 5.6% compared to the same quarter last year. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. Equities analysts forecast that Science Applications International Co. will post 8.27 EPS for the current fiscal year.

Science Applications International Announces Dividend

The firm also recently disclosed 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. The ex-dividend date is Wednesday, January 14th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.5%. Science Applications International’s dividend payout ratio is presently 18.93%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. UBS Group boosted their target price on Science Applications International from $110.00 to $113.00 and gave the stock a “neutral” rating in a research note on Monday, December 8th. JPMorgan Chase & Co. raised their price objective on shares of Science Applications International from $115.00 to $125.00 and gave the stock a “neutral” rating in a report on Friday, December 5th. Stifel Nicolaus reduced their price objective on shares of Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a research report on Friday, September 5th. Jefferies Financial Group lowered their target price on shares of Science Applications International from $130.00 to $115.00 and set a “hold” rating for the company in a report on Wednesday, September 10th. Finally, Citigroup assumed coverage on shares of Science Applications International in a research note on Friday, December 12th. They set a “buy” rating and a $122.00 price target on the stock. Three research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $116.91.

Institutional Investors Weigh In On Science Applications International

Several large investors have recently modified their holdings of the company. Tudor Investment Corp ET AL grew its position in shares of Science Applications International by 186.4% during the third quarter. Tudor Investment Corp ET AL now owns 88,426 shares of the information technology services provider’s stock worth $8,787,000 after acquiring an additional 57,546 shares during the last quarter. Swiss Life Asset Management Ltd acquired a new stake in Science Applications International during the 3rd quarter worth $222,000. Advisory Services Network LLC purchased a new position in Science Applications International during the 3rd quarter worth $69,000. CANADA LIFE ASSURANCE Co grew its position in Science Applications International by 0.9% during the 3rd quarter. CANADA LIFE ASSURANCE Co now owns 30,287 shares of the information technology services provider’s stock worth $2,958,000 after purchasing an additional 272 shares during the last quarter. Finally, Wexford Capital LP acquired a new position in Science Applications International in the third quarter valued at $29,000. 76.00% of the stock is owned by institutional investors and hedge funds.

About Science Applications International

Science Applications International Corporation provides technical, engineering, and enterprise information technology (IT) services primarily in the United States. The company's offerings include IT modernization; digital engineering; artificial intelligence; Weapon systems support design, build, modify, integrate, and sustain weapon systems; and end-to-end services, such as design, development, integration, deployment, management and operations, sustainment, and security of its customers' IT infrastructure, as well as training and simulation and ground vehicles support which integrates, modify, upgrades, and sustains ground vehicles for nation's armed forces.