MQS Management LLC Invests $319,000 in Science Applications International Co. $SAIC

MQS Management LLC acquired a new position in Science Applications International Co. (NYSE:SAIC) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 2,830 shares of the information technology services provider’s stock, valued at approximately $319,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. US Bancorp DE lifted its stake in shares of Science Applications International by 38.5% in the first quarter. US Bancorp DE now owns 324 shares of the information technology services provider’s stock worth $36,000 after buying an additional 90 shares during the last quarter. Focus Partners Wealth lifted its stake in shares of 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 worth $326,000 after buying an additional 94 shares during the last quarter. Larson Financial Group LLC lifted its stake in shares of Science Applications International by 43.2% in the first quarter. Larson Financial Group LLC now owns 325 shares of the information technology services provider’s stock worth $36,000 after buying an additional 98 shares during the last quarter. Wealthspire Advisors LLC raised its stake in Science Applications International by 6.7% during the 1st quarter. Wealthspire Advisors LLC now owns 1,946 shares of the information technology services provider’s stock valued at $218,000 after purchasing an additional 122 shares during the last quarter. Finally, Pure Financial Advisors LLC raised its stake in Science Applications International by 0.7% during the 2nd quarter. Pure Financial Advisors LLC now owns 17,307 shares of the information technology services provider’s stock valued at $1,949,000 after purchasing an additional 126 shares during the last quarter. 76.00% of the stock is currently owned by institutional investors and hedge funds.

Science Applications International Trading Down 6.5%

Shares of Science Applications International stock opened at $94.09 on Monday. The firm has a market capitalization of $4.33 billion, a PE ratio of 15.87 and a beta of 0.44. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87. The company’s fifty day moving average price is $105.12 and its two-hundred day moving average price is $111.18. Science Applications International Co. has a 52-week low of $91.89 and a 52-week high of $156.34.

Science Applications International (NYSE:SAIC) last announced its quarterly earnings results on Thursday, September 4th. The information technology services provider reported $3.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.25 by $1.38. The firm had revenue of $1.77 billion for the quarter, compared to analyst estimates of $1.87 billion. Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The business’s revenue for the quarter was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.05 EPS. Science Applications International has set its FY 2026 guidance at 9.400-9.600 EPS. On average, analysts expect that Science Applications International Co. will post 8.27 EPS for the current year.

Science Applications International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, October 24th. Stockholders of record on Friday, October 10th were issued a $0.37 dividend. The ex-dividend date of this dividend was Friday, October 10th. This represents a $1.48 annualized dividend and a dividend yield of 1.6%. Science Applications International’s dividend payout ratio is presently 17.92%.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. JPMorgan Chase & Co. reiterated a “neutral” rating and set a $115.00 target price (down from $140.00) on shares of Science Applications International in a research note on Monday, September 8th. Stifel Nicolaus cut their target price on shares of Science Applications International from $130.00 to $128.00 and set a “buy” rating for the company in a research note on Friday, September 5th. Truist Financial upped their target price on shares of Science Applications International from $100.00 to $110.00 and gave the company a “hold” rating in a research note on Thursday, July 24th. The Goldman Sachs Group cut their target price on shares of Science Applications International from $104.00 to $91.00 and set a “sell” rating for the company in a research note on Monday, September 8th. Finally, UBS Group cut their target price on shares of Science Applications International from $111.00 to $110.00 and set a “neutral” rating for the company in a research note on Friday, September 5th. Two investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $115.10.

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.