Sei Investments Co. Boosts Holdings in Science Applications International Corporation $SAIC

Sei Investments Co. boosted its stake in Science Applications International Corporation (NASDAQ:SAIC) by 12.8% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 46,457 shares of the company’s stock after acquiring an additional 5,258 shares during the period. Sei Investments Co. owned about 0.11% of Science Applications International worth $4,405,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Goldman Sachs Group Inc. boosted its stake in Science Applications International by 22.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 146,555 shares of the company’s stock worth $16,454,000 after purchasing an additional 26,633 shares during the period. Empowered Funds LLC increased its stake in Science Applications International by 93.2% in the first quarter. Empowered Funds LLC now owns 10,722 shares of the company’s stock valued at $1,204,000 after purchasing an additional 5,173 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of 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 company’s stock valued at $16,863,000 after buying an additional 7,816 shares during the last quarter. Focus Partners Wealth raised its holdings in shares of Science Applications International by 3.3% in the first quarter. Focus Partners Wealth now owns 2,900 shares of the company’s stock valued at $326,000 after buying an additional 94 shares during the last quarter. Finally, Baird Financial Group Inc. boosted its stake in shares of Science Applications International by 1.0% during the second quarter. Baird Financial Group Inc. now owns 17,335 shares of the company’s stock worth $1,952,000 after buying an additional 171 shares during the period. Institutional investors and hedge funds own 76.00% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on SAIC shares. The Goldman Sachs Group boosted their price target on Science Applications International from $85.00 to $96.00 and gave the company a “sell” rating in a research report on Friday, June 12th. Wall Street Zen raised Science Applications International from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 20th. UBS Group lifted their target price on Science Applications International from $113.00 to $119.00 and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. 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 target price on the stock. Finally, Citigroup upped their price target on Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $115.22.

Science Applications International Price Performance

SAIC stock opened at $120.30 on Thursday. The stock’s 50 day moving average price is $112.63 and its 200 day moving average price is $101.81. The firm has a market cap of $5.09 billion, a P/E ratio of 13.55 and a beta of 0.28. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.16 and a current ratio of 1.16. 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 earnings per share for the quarter, topping the consensus estimate of $2.26 by $0.97. Science Applications International had a return on equity of 36.96% and a net margin of 5.55%.The company had revenue of $1.91 billion during the quarter, compared to the consensus estimate of $1.82 billion. During the same quarter last year, the business posted $1.42 earnings per share. Science Applications International’s revenue was up 1.5% compared to the same quarter last year. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. On average, sell-side analysts expect that Science Applications International Corporation will post 10.01 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 Friday, July 24th. Investors of record on Friday, July 10th were given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Friday, July 10th. Science Applications International’s dividend payout ratio (DPR) is currently 16.67%.

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.