Intech Investment Management LLC Has $845,000 Position in Science Applications International Corporation $SAIC

Intech Investment Management LLC reduced its stake in shares of Science Applications International Corporation (NASDAQ:SAIC) by 78.0% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,392 shares of the company’s stock after selling 29,751 shares during the quarter. Intech Investment Management LLC’s holdings in Science Applications International were worth $845,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. LSV Asset Management lifted its position in Science Applications International by 20.2% during the 3rd quarter. LSV Asset Management now owns 1,565,035 shares of the company’s stock worth $155,518,000 after buying an additional 263,006 shares in the last quarter. JPMorgan Chase & Co. increased its position in Science Applications International by 43.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 175,961 shares of the company’s stock valued at $17,485,000 after acquiring an additional 53,684 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Science Applications International by 19.9% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 216,067 shares of the company’s stock worth $21,870,000 after acquiring an additional 35,814 shares during the last quarter. First Trust Advisors LP raised its stake in shares of Science Applications International by 3.7% in the third quarter. First Trust Advisors LP now owns 1,519,046 shares of the company’s stock worth $150,947,000 after acquiring an additional 53,895 shares during the last quarter. Finally, Tudor Investment Corp ET AL raised its stake in shares of Science Applications International by 186.4% in the third quarter. Tudor Investment Corp ET AL now owns 88,426 shares of the company’s stock worth $8,787,000 after acquiring an additional 57,546 shares during the last quarter. Institutional investors own 76.00% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on SAIC shares. Truist Financial reaffirmed a “hold” rating and issued a $110.00 target price (up from $95.00) on shares of Science Applications International in a research note on Tuesday, June 2nd. Stifel Nicolaus dropped their target price on shares of Science Applications International from $128.00 to $120.00 and set a “buy” rating for the company in a research note on Tuesday, March 17th. JPMorgan Chase & Co. raised their price target on Science Applications International from $110.00 to $125.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. BNP Paribas Exane assumed coverage on Science Applications International in a report on Wednesday, May 27th. They issued a “neutral” rating and a $95.00 price target on the stock. Finally, Wall Street Zen upgraded Science Applications International from a “hold” rating to a “buy” rating in a report on Saturday. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $111.44.

Science Applications International Stock Performance

NASDAQ:SAIC opened at $114.35 on Monday. The firm has a market capitalization of $4.83 billion, a price-to-earnings ratio of 12.88 and a beta of 0.30. The company has a current ratio of 1.16, a quick ratio of 1.16 and a debt-to-equity ratio of 1.73. The business’s 50-day moving average price is $98.26 and its two-hundred day moving average price is $97.63. Science Applications International Corporation has a 1-year low of $81.08 and a 1-year high of $123.41.

Science Applications International (NASDAQ:SAIC) last released its quarterly earnings results on Monday, June 1st. The company reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $2.26 by $0.97. The company had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.82 billion. Science Applications International had a return on equity of 36.96% and a net margin of 5.55%.Science Applications International’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the firm posted $1.42 earnings per share. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. On average, equities analysts expect that Science Applications International Corporation will post 10.18 earnings per share for the current year.

Science Applications International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Investors of record on Friday, July 10th will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, July 10th. Science Applications International’s dividend payout ratio (DPR) is currently 16.67%.

Science Applications International Company Profile

Science Applications International Corp. (SAIC) is a leading provider of technical, engineering, and enterprise IT services to the U.S. government, including the Department of Defense, the intelligence community, and civilian agencies. The company’s core offerings encompass systems engineering and integration, mission support, cybersecurity, data analytics, and cloud solutions. SAIC’s work spans the full program lifecycle, from research and development to deployment and sustainment, addressing complex defense, space, and national security challenges.

Founded in 1969 by J.