Rep. Gerald E. Connolly Sells Science Applications International Co. (NYSE:SAIC) Stock

Representative Gerald E. Connolly (D-Virginia) recently sold shares of Science Applications International Co. (NYSE:SAIC). In a filing disclosed on May 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Science Applications International stock on May 13th. The trade occurred in the Representative’s “TIAA JOINT” account.

Representative Gerald E. Connolly also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Leidos (NYSE:LDOS) on 5/13/2025.

Science Applications International Stock Performance

SAIC stock opened at $122.67 on Tuesday. The stock’s 50 day simple moving average is $115.43 and its 200 day simple moving average is $115.20. Science Applications International Co. has a 12-month low of $94.68 and a 12-month high of $156.34. The firm has a market cap of $5.86 billion, a P/E ratio of 20.69 and a beta of 0.55. The company has a current ratio of 0.87, a quick ratio of 0.87 and a debt-to-equity ratio of 1.20.

Science Applications International (NYSE:SAIC) last released its earnings results on Monday, March 17th. The information technology services provider reported $2.57 earnings per share for the quarter, beating the consensus estimate of $2.00 by $0.57. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The firm had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the previous year, the firm earned $1.43 earnings per share. The firm’s revenue for the quarter was up 5.8% compared to the same quarter last year. As a group, equities research analysts predict that Science Applications International Co. will post 8.27 EPS for the current year.

Science Applications International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 25th. Stockholders of record on Friday, April 11th were issued a $0.37 dividend. The ex-dividend date of this dividend was Friday, April 11th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.21%. Science Applications International’s dividend payout ratio (DPR) is 20.58%.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on SAIC. Truist Financial dropped their price target on Science Applications International from $135.00 to $115.00 and set a “hold” rating on the stock in a research report on Tuesday, March 18th. JPMorgan Chase & Co. cut their target price on 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. Cantor Fitzgerald raised shares of Science Applications International to a “hold” rating in a report on Tuesday, February 25th. Jefferies Financial Group increased their price objective on shares of Science Applications International from $120.00 to $130.00 and gave the stock a “hold” rating in a report on Thursday, May 15th. Finally, UBS Group lifted their price objective on shares of Science Applications International from $123.00 to $126.00 and gave the company a “neutral” rating in a research report on Tuesday, March 18th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $131.20.

Insiders Place Their Bets

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

Institutional Trading of Science Applications International

A number of institutional investors have recently made changes to their positions in the stock. Cornerstone Planning Group LLC acquired a new stake in Science Applications International in the fourth quarter worth approximately $28,000. Parallel Advisors LLC lifted its holdings in shares of Science Applications International by 112.1% in the first quarter. Parallel Advisors LLC now owns 280 shares of the information technology services provider’s stock valued at $31,000 after buying an additional 148 shares during the period. US Bancorp DE boosted its stake in Science Applications International by 38.5% during the first quarter. US Bancorp DE now owns 324 shares of the information technology services provider’s stock valued at $36,000 after buying an additional 90 shares in the last quarter. Larson Financial Group LLC boosted its stake in Science Applications International by 43.2% during the first quarter. Larson Financial Group LLC now owns 325 shares of the information technology services provider’s stock valued at $36,000 after buying an additional 98 shares in the last quarter. Finally, True Wealth Design LLC acquired a new position in Science Applications International during the fourth quarter worth about $48,000. 76.00% of the stock is owned by institutional investors and hedge funds.

About Representative Connolly

Gerald Edward Connolly (Democratic Party) (also known as Gerry) is a member of the U.S. House, representing Virginia’s 11th Congressional District. He assumed office on January 3, 2009. His current term ends on January 3, 2027.

Connolly (Democratic Party) ran for re-election to the U.S. House to represent Virginia’s 11th Congressional District. He won in the general election on November 5, 2024.

Click here to see Connolly’s key votes in Congress.

Since at least 2012, Connolly was assigned to the Committee on Foreign Affairs and the Committee on Oversight and Government Reform.

From 1995 through 2008, Connolly served as a member of the Fairfax County Board of Supervisors.

Connolly was born in Boston, Massachusetts. He earned his bachelor’s from Maryknoll College in 1971 and his M.P.A. in 1971 from Harvard University. After receiving his master’s, he began working for the United States Senate Committee on Foreign Relations.[1] Prior to his election to the U.S. House, Connolly was a chair of the Board of Supervisors in Fairfax County, Va.

Science Applications International Company Profile

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.