HighTower Advisors LLC Sells 11,398 Shares of Science Applications International Co. $SAIC

HighTower Advisors LLC decreased its holdings in shares of Science Applications International Co. (NYSE:SAIC) by 28.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,235 shares of the information technology services provider’s stock after selling 11,398 shares during the quarter. HighTower Advisors LLC owned about 0.06% of Science Applications International worth $2,905,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. LSV Asset Management increased its stake in Science Applications International by 20.2% during the third quarter. LSV Asset Management now owns 1,565,035 shares of the information technology services provider’s stock worth $155,518,000 after acquiring an additional 263,006 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its holdings in shares of Science Applications International by 229.3% in the 3rd quarter. Y Intercept Hong Kong Ltd now owns 69,447 shares of the information technology services provider’s stock worth $6,901,000 after purchasing an additional 48,359 shares during the period. Integrated Quantitative Investments LLC bought a new position in shares of Science Applications International during the 2nd quarter valued at approximately $391,000. Allspring Global Investments Holdings LLC raised its holdings in Science Applications International by 13.3% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 180,253 shares of the information technology services provider’s stock valued at $18,229,000 after buying an additional 21,124 shares during the period. Finally, Allianz Asset Management GmbH lifted its position in Science Applications International by 76.2% in the third quarter. Allianz Asset Management GmbH now owns 219,655 shares of the information technology services provider’s stock worth $21,827,000 after buying an additional 94,978 shares during the last quarter. 76.00% of the stock is currently owned by institutional investors.

Science Applications International Stock Performance

Science Applications International stock opened at $91.70 on Friday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market capitalization of $4.14 billion, a PE ratio of 15.46 and a beta of 0.28. The company has a 50 day moving average price of $100.52 and a 200-day moving average price of $100.45. Science Applications International Co. has a fifty-two week low of $81.08 and a fifty-two week high of $124.11.

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. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.87 billion. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%.Science Applications International’s quarterly revenue was down 5.6% on a year-over-year basis. During the same period last year, the business posted $2.61 EPS. Science Applications International has set its FY 2026 guidance at 9.800-10.000 EPS. As a group, equities analysts forecast that Science Applications International Co. will post 8.27 earnings per share for the current year.

Science Applications International Announces Dividend

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

Insiders Place Their Bets

In other Science Applications International news, CEO James Reagan bought 1,000 shares of the company’s stock in a transaction on Tuesday, December 16th. The shares were bought at an average cost of $100.17 per share, for a total transaction of $100,170.00. Following the acquisition, the chief executive officer directly owned 26,460 shares in the company, valued at approximately $2,650,498.20. The trade was a 3.93% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.67% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. JPMorgan Chase & Co. boosted their price objective on shares of 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 cut their price target on shares of Science Applications International from $94.00 to $82.00 and set a “sell” rating on the stock in a report on Thursday, February 12th. UBS Group raised their price objective on shares of Science Applications International from $110.00 to $113.00 and gave the stock a “neutral” rating in a research note on Monday, December 8th. Finally, Citigroup boosted their target price 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. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Science Applications International has a consensus rating of “Hold” and an average price target of $116.44.

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.