Science Applications International (NYSE:SAIC) Announces Quarterly Earnings Results, Misses Estimates By $0.25 EPS

Science Applications International (NYSE:SAIC) posted its quarterly earnings results on Monday. The information technology services provider reported $1.92 EPS for the quarter, missing the consensus estimate of $2.17 by ($0.25), RTT News reports. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. During the same quarter in the previous year, the business posted $1.92 earnings per share. The firm’s revenue for the quarter was up 1.6% on a year-over-year basis. Science Applications International updated its FY 2026 guidance to 9.100-9.300 EPS.

Science Applications International Price Performance

Shares of SAIC opened at $103.43 on Wednesday. The company has a market capitalization of $4.94 billion, a price-to-earnings ratio of 17.44 and a beta of 0.55. The business’s 50-day moving average is $116.90 and its 200-day moving average is $113.16. Science Applications International has a fifty-two week low of $94.68 and a fifty-two week high of $156.34. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87.

Science Applications International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 25th. Stockholders of record on Friday, July 11th will be issued a $0.37 dividend. The ex-dividend date of this dividend is Friday, July 11th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.43%. Science Applications International’s dividend payout ratio is 20.58%.

Analyst Upgrades and Downgrades

SAIC has been the topic of a number of analyst reports. JPMorgan Chase & Co. dropped their price objective on shares of Science Applications International from $148.00 to $140.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 15th. UBS Group reduced their price target on shares of Science Applications International from $121.00 to $111.00 and set a “neutral” rating for the company in a report on Tuesday. Cantor Fitzgerald upgraded shares of Science Applications International to a “hold” rating in a research note on Tuesday, February 25th. Truist Financial cut their price objective on shares of Science Applications International from $115.00 to $100.00 and set a “hold” rating on the stock in a research note on Tuesday. Finally, Jefferies Financial Group boosted their price target on shares of Science Applications International from $120.00 to $130.00 and gave the stock a “hold” rating in a research report on Thursday, May 15th. One analyst has rated the stock with a sell rating, six have issued a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $128.20.

Insider Activity at Science Applications International

In related news, Director Carolyn B. Handlon bought 230 shares of the firm’s stock in a transaction on Monday, April 7th. The stock was purchased at an average price of $109.93 per share, with a total value of $25,283.90. Following the completion of the transaction, the director now directly owns 4,032 shares of the company’s stock, valued at $443,237.76. This trade represents a 6.05% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Milford W. Mcguirt bought 500 shares of the firm’s stock in a transaction on Thursday, March 27th. The shares were bought at an average cost of $110.58 per share, with a total value of $55,290.00. Following the transaction, the director now directly owns 6,841 shares of the company’s stock, valued at approximately $756,477.78. This trade represents a 7.89% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last quarter, insiders bought 3,260 shares of company stock valued at $365,037. 0.44% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of SAIC. Goldman Sachs Group Inc. lifted its position in Science Applications International by 22.2% in the first quarter. Goldman Sachs Group Inc. now owns 146,555 shares of the information technology services provider’s stock worth $16,454,000 after purchasing an additional 26,633 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Science Applications International by 5.5% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 150,204 shares of the information technology services provider’s stock valued at $16,863,000 after acquiring an additional 7,816 shares during the last quarter. Empowered Funds LLC boosted its holdings in Science Applications International by 93.2% in the first quarter. Empowered Funds LLC now owns 10,722 shares of the information technology services provider’s stock valued at $1,204,000 after acquiring an additional 5,173 shares during the last quarter. Finally, Focus Partners Wealth boosted its holdings in Science Applications International by 3.3% in the first quarter. Focus Partners Wealth now owns 2,900 shares of the information technology services provider’s stock valued at $326,000 after acquiring an additional 94 shares during the last quarter. 76.00% of the stock is currently 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.