Analysts Set Science Applications International Corporation (NASDAQ:SAIC) PT at $115.22

Science Applications International Corporation (NASDAQ:SAIC) has been assigned a consensus rating of “Hold” from the eleven analysts that are presently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $115.2222.

SAIC has been the subject of several recent research reports. BNP Paribas Exane began coverage on Science Applications International in a report on Wednesday, May 27th. They set a “neutral” rating and a $95.00 target price for the company. Citigroup raised their price target on Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a report on Tuesday, June 2nd. Wall Street Zen upgraded Science Applications International from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 20th. The Goldman Sachs Group upped their price objective on Science Applications International from $85.00 to $96.00 and gave the stock a “sell” rating in a research note on Friday, June 12th. Finally, TD Cowen dropped their target price on Science Applications International from $130.00 to $125.00 and set a “hold” rating on the stock in a research report on Tuesday, July 7th.

Science Applications International Trading Up 2.1%

NASDAQ SAIC opened at $118.99 on Friday. Science Applications International has a one year low of $81.08 and a one year high of $123.41. The company has a 50-day simple moving average of $109.36 and a 200-day simple moving average of $101.41. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.16 and a current ratio of 1.16. The firm has a market capitalization of $5.03 billion, a PE ratio of 13.40 and a beta of 0.29.

Science Applications International (NASDAQ:SAIC) last released its quarterly earnings data on Monday, June 1st. The company reported $3.23 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.97. Science Applications International had a net margin of 5.55% and a return on equity of 36.96%. The firm had revenue of $1.91 billion for the quarter, compared to analyst estimates of $1.82 billion. During the same quarter in the prior year, the business earned $1.42 earnings per share. Science Applications International’s quarterly revenue was up 1.5% on a year-over-year basis. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. On average, equities analysts forecast that Science Applications International will post 10.01 earnings per share for the current year.

Science Applications International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, July 24th. Stockholders of record on Friday, July 10th were given a dividend of $0.37 per share. The ex-dividend date was Friday, July 10th. This represents a $1.48 annualized dividend and a dividend yield of 1.2%. Science Applications International’s dividend payout ratio is currently 16.67%.

Institutional Trading of Science Applications International

A number of large investors have recently modified their holdings of the company. Vanguard Group Inc. boosted its stake in Science Applications International by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 4,554,957 shares of the company’s stock valued at $458,502,000 after purchasing an additional 15,272 shares during the period. Fuller & Thaler Asset Management Inc. increased its stake in shares of Science Applications International by 20.2% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,626,951 shares of the company’s stock valued at $264,429,000 after purchasing an additional 441,296 shares during the period. First Trust Advisors LP increased its stake in shares of Science Applications International by 25.9% in the fourth quarter. First Trust Advisors LP now owns 1,912,390 shares of the company’s stock valued at $192,501,000 after purchasing an additional 393,344 shares during the period. Dimensional Fund Advisors LP raised its holdings in shares of Science Applications International by 13.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,535,288 shares of the company’s stock valued at $145,730,000 after buying an additional 185,066 shares during the last quarter. Finally, AQR Capital Management LLC raised its holdings in shares of Science Applications International by 36.3% during the second quarter. AQR Capital Management LLC now owns 1,303,894 shares of the company’s stock valued at $143,578,000 after buying an additional 347,456 shares during the last quarter. Institutional investors and hedge funds own 76.00% of the company’s stock.

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.