HighTower Advisors LLC Sells 9,209 Shares of Science Applications International Corporation $SAIC

HighTower Advisors LLC lessened its stake in shares of Science Applications International Corporation (NASDAQ:SAIC) by 31.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,026 shares of the company’s stock after selling 9,209 shares during the quarter. HighTower Advisors LLC’s holdings in Science Applications International were worth $2,016,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of SAIC. Wexford Capital LP bought a new position in Science Applications International in the 3rd quarter valued at $29,000. Rakuten Securities Inc. lifted its holdings in Science Applications International by 1,915.4% during the second quarter. Rakuten Securities Inc. now owns 262 shares of the company’s stock worth $30,000 after acquiring an additional 249 shares in the last quarter. Hantz Financial Services Inc. lifted its holdings in Science Applications International by 281.1% during the third quarter. Hantz Financial Services Inc. now owns 465 shares of the company’s stock worth $46,000 after acquiring an additional 343 shares in the last quarter. WFA of San Diego LLC bought a new position in Science Applications International during the second quarter worth about $56,000. Finally, Advisory Services Network LLC bought a new position in Science Applications International during the third quarter worth about $69,000. Institutional investors own 76.00% of the company’s stock.

Key Headlines Impacting Science Applications International

Here are the key news stories impacting Science Applications International this week:

• Positive Sentiment: SAIC beat expectations with adjusted EPS of $3.23 versus $2.26 expected and revenue of $1.91 billion versus $1.82 billion expected, signaling better-than-expected execution. SAIC Announces First Quarter of Fiscal Year 2027 Results
• Positive Sentiment: The company raised fiscal 2027 guidance for adjusted EBITDA, EBITDA margin, and adjusted EPS, which usually supports the stock by pointing to stronger profitability ahead. SAIC raises profit outlook after improved quarter, shares jump
• Positive Sentiment: Backlog and bookings were solid, with $2.1 billion in net bookings and a 1.1 book-to-bill ratio, suggesting healthy demand for SAIC’s defense, intelligence, and civilian services. Science Applications (SAIC) Reports Strong Q1 Results and Raises Guidance
• Positive Sentiment: Margins improved sharply, helped by better contract profitability and cost control, with adjusted EBITDA margin rising to 11.6% from 8.4% a year ago. Science Applications’ Q1 Earnings Beat Expectations, Revenues Rise Y/Y

Analyst Upgrades and Downgrades

SAIC has been the subject of several recent research reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Science Applications International in a research report on Friday, March 27th. BNP Paribas Exane initiated coverage on Science Applications International in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $95.00 price objective on the stock. Citigroup dropped their price objective on Science Applications International from $133.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, April 2nd. Wall Street Zen lowered Science Applications International from a “buy” rating to a “hold” rating in a research note on Sunday, April 12th. Finally, JPMorgan Chase & Co. decreased their target price on Science Applications International from $125.00 to $110.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Three analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Science Applications International presently has an average rating of “Hold” and a consensus price target of $109.20.

Science Applications International Trading Up 10.4%

Shares of NASDAQ:SAIC opened at $115.08 on Tuesday. The company has a market capitalization of $5.00 billion, a P/E ratio of 14.96 and a beta of 0.28. Science Applications International Corporation has a 1 year low of $81.08 and a 1 year high of $123.41. The company has a debt-to-equity ratio of 1.65, a current ratio of 1.20 and a quick ratio of 1.20. The business’s 50 day simple moving average is $96.79 and its 200 day simple moving average is $96.91.

Science Applications International (NASDAQ:SAIC) last issued its quarterly earnings results on Monday, June 1st. The company reported $3.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.26 by $0.97. The business had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.82 billion. Science Applications International had a return on equity of 33.15% and a net margin of 4.93%.The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.42 earnings per share. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. On average, research analysts anticipate that Science Applications International Corporation will post 9.61 EPS for the current fiscal year.

Science Applications International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 24th. Shareholders of record on Friday, July 10th will be issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend 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 19.25%.

Science Applications International 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.