Westport Asset Management Inc. Acquires New Position in CACI International, Inc. $CACI

Westport Asset Management Inc. bought a new position in shares of CACI International, Inc. (NYSE:CACI) during the 2nd quarter, HoldingsChannel.com reports. The fund bought 5,000 shares of the information technology services provider’s stock, valued at approximately $2,316,000.

A number of other hedge funds also recently added to or reduced their stakes in CACI. Ameriprise Financial Inc. boosted its position in CACI International by 22.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 298,615 shares of the information technology services provider’s stock valued at $142,346,000 after buying an additional 54,905 shares during the period. Fort Washington Investment Advisors Inc. OH increased its position in shares of CACI International by 24.5% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 50,702 shares of the information technology services provider’s stock worth $27,575,000 after acquiring an additional 9,980 shares during the period. Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in shares of CACI International during the first quarter worth $5,384,000. Argent Capital Management LLC acquired a new stake in shares of CACI International in the first quarter valued at $5,158,000. Finally, Van Lanschot Kempen Investment Management N.V. raised its stake in shares of CACI International by 11.4% in the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 73,423 shares of the information technology services provider’s stock valued at $39,121,000 after acquiring an additional 7,487 shares in the last quarter. 86.43% of the stock is currently owned by institutional investors and hedge funds.

CACI International Trading Up 1.1%

Shares of CACI International stock opened at $663.52 on Thursday. The company has a fifty day simple moving average of $518.08 and a 200-day simple moving average of $542.69. The stock has a market cap of $14.66 billion, a price-to-earnings ratio of 27.48, a PEG ratio of 1.86 and a beta of 0.53. CACI International, Inc. has a 12-month low of $434.70 and a 12-month high of $683.50. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 1.09.

CACI International (NYSE:CACI) last posted its earnings results on Wednesday, August 5th. The information technology services provider reported $8.91 EPS for the quarter, topping analysts’ consensus estimates of $7.39 by $1.52. The business had revenue of $2.71 billion for 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 business’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $8.40 earnings per share. CACI International has set its FY 2027 guidance at 32.960-33.860 EPS. On average, equities analysts forecast that CACI International, Inc. will post 33.46 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on CACI. Weiss Ratings reissued a “hold (c+)” rating on shares of CACI International in a research note on Friday, August 14th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $700.00 price target on shares of CACI International in a research report on Sunday, August 9th. UBS Group lifted their price objective on CACI International from $598.00 to $804.00 and gave the company a “buy” rating in a research note on Friday, August 7th. JPMorgan Chase & Co. boosted their price objective on CACI International from $645.00 to $715.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Finally, TD Cowen cut 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 note on Tuesday, July 7th. Eight equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $697.55.

CACI International Company 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.