Science Applications International Co. $SAIC Shares Purchased by AlphaQuest LLC

AlphaQuest LLC boosted its stake in Science Applications International Co. (NYSE:SAIC) by 276.5% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 9,635 shares of the information technology services provider’s stock after acquiring an additional 7,076 shares during the period. AlphaQuest LLC’s holdings in Science Applications International were worth $957,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Cresset Asset Management LLC increased its position in shares of Science Applications International by 4.4% during the second quarter. Cresset Asset Management LLC now owns 2,075 shares of the information technology services provider’s stock valued at $234,000 after acquiring an additional 88 shares during the last quarter. Focus Partners Wealth boosted its position in shares of Science Applications International by 3.3% during the 1st quarter. Focus Partners Wealth now owns 2,900 shares of the information technology services provider’s stock worth $326,000 after purchasing an additional 94 shares during the period. Lido Advisors LLC boosted its position in shares of Science Applications International by 1.7% during the 2nd quarter. Lido Advisors LLC now owns 6,437 shares of the information technology services provider’s stock worth $725,000 after purchasing an additional 107 shares during the period. Baird Financial Group Inc. increased its holdings in Science Applications International by 1.0% in the 2nd quarter. Baird Financial Group Inc. now owns 17,335 shares of the information technology services provider’s stock valued at $1,952,000 after purchasing an additional 171 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. raised its position in Science Applications International by 324.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 246 shares of the information technology services provider’s stock valued at $28,000 after purchasing an additional 188 shares during the period. Hedge funds and other institutional investors own 76.00% of the company’s stock.

Science Applications International Stock Performance

NYSE:SAIC opened at $100.88 on Tuesday. Science Applications International Co. has a 52 week low of $84.15 and a 52 week high of $124.11. The company has a fifty day simple moving average of $102.05 and a two-hundred day simple moving average of $103.22. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. The company has a market cap of $4.55 billion, a price-to-earnings ratio of 17.01 and a beta of 0.28.

Science Applications International (NYSE:SAIC) last released its earnings results on Thursday, December 4th. The information technology services provider reported $2.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.51. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%.The firm had revenue of $1.87 billion during the quarter, compared to analyst estimates of $1.87 billion. During the same period last year, the business posted $2.61 earnings per share. Science Applications International’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. As a group, equities analysts anticipate that Science Applications International Co. will post 8.27 earnings per share for the current fiscal year.

Science Applications International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Wednesday, January 14th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.5%. Science Applications International’s payout ratio is currently 18.93%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. UBS Group upped their price target 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. Citigroup boosted their price objective on Science Applications International from $122.00 to $133.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Finally, JPMorgan Chase & Co. increased their target price on Science Applications International from $115.00 to $125.00 and gave the stock a “neutral” rating in a research note on Friday, December 5th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $117.70.

Insider Buying and Selling at Science Applications International

In other news, CEO James Reagan purchased 1,000 shares of the stock in a transaction on Tuesday, December 16th. The stock was bought at an average price 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 of the company’s stock, valued at approximately $2,650,498.20. The trade was a 3.93% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.44% of the company’s stock.

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.