Science Applications International (NASDAQ:SAIC) Given “Hold” Rating at Truist Financial

Science Applications International (NASDAQ:SAIC)‘s stock had its “hold” rating reissued by stock analysts at Truist Financial in a report released on Tuesday,Benzinga reports. They presently have a $110.00 price objective on the stock, up from their prior price objective of $95.00. Truist Financial’s price target suggests a potential downside of 2.47% from the stock’s previous close.

SAIC has been the subject of several other research reports. Zacks Research lowered shares of Science Applications International from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Citigroup boosted their price objective on shares of Science Applications International from $120.00 to $132.00 and gave the stock a “buy” rating in a research note on Tuesday. Wall Street Zen lowered shares of Science Applications International from a “buy” rating to a “hold” rating in a research note on Sunday, April 12th. Stifel Nicolaus reduced their price objective on shares of Science Applications International from $128.00 to $120.00 and set a “buy” rating for the company in a research note on Tuesday, March 17th. Finally, BNP Paribas Exane initiated coverage on shares of Science Applications International in a research note on Wednesday, May 27th. They set a “neutral” rating and a $95.00 price target on the stock. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $113.40.

Science Applications International Stock Down 2.0%

NASDAQ:SAIC traded down $2.29 during trading hours on Tuesday, reaching $112.79. The company’s stock had a trading volume of 1,842,266 shares, compared to its average volume of 477,629. The stock has a 50 day moving average price of $96.79 and a two-hundred day moving average price of $96.91. The company has a debt-to-equity ratio of 1.65, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of $4.90 billion, a P/E ratio of 14.64 and a beta of 0.28. Science Applications International has a 12 month low of $81.08 and a 12 month 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, beating analysts’ consensus estimates of $2.26 by $0.97. The business had revenue of $1.91 billion for the quarter, compared to analysts’ expectations of $1.82 billion. Science Applications International had a net margin of 4.93% and a return on equity of 33.15%. The company’s revenue was up 1.5% compared to the same quarter last year. During the same period last year, the business earned $1.42 EPS. Science Applications International has set its FY 2027 guidance at 9.900-10.100 EPS. Equities analysts predict that Science Applications International will post 9.61 EPS for the current fiscal year.

Institutional Trading of Science Applications International

A number of hedge funds and other institutional investors have recently made changes to their positions in SAIC. Norges Bank purchased a new position in Science Applications International in the 4th quarter valued at approximately $53,403,000. Fuller & Thaler Asset Management Inc. boosted its position in Science Applications International by 20.2% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,626,951 shares of the company’s stock valued at $264,429,000 after buying an additional 441,296 shares during the period. First Trust Advisors LP boosted its position in Science Applications International by 25.9% in the 4th quarter. First Trust Advisors LP now owns 1,912,390 shares of the company’s stock valued at $192,501,000 after buying an additional 393,344 shares during the period. AQR Capital Management LLC boosted its position in Science Applications International by 36.3% in the 2nd 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 period. Finally, Balyasny Asset Management L.P. purchased a new position in Science Applications International in the 2nd quarter valued at approximately $31,271,000. Institutional investors and hedge funds own 76.00% of the company’s stock.

Key Science Applications International News

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

• Positive Sentiment: SAIC reported Q1 adjusted EPS of $3.23 versus estimates of $2.26, while revenue came in at $1.91 billion versus $1.82 billion expected, signaling better-than-expected execution across the business. SAIC Announces First Quarter of Fiscal Year 2027 Results
• Positive Sentiment: The company raised fiscal 2027 outlook for adjusted EBITDA, adjusted EBITDA margin, and adjusted diluted EPS, reinforcing confidence in improved profitability and cash generation. SAIC Announces First Quarter of Fiscal Year 2027 Results
• Positive Sentiment: Margins expanded sharply, with adjusted EBITDA margin rising to 11.6% from 8.4% a year ago, suggesting stronger contract profitability and better cost control. SAIC Q1 2027 Earnings Call Highlights
• Positive Sentiment: New and recompete awards, including contracts with the Space and Intelligence Community, DHS, Air Force, Navy, and FAA, support backlog visibility and longer-term revenue stability. SAIC Announces First Quarter of Fiscal Year 2027 Results
• Neutral Sentiment: Analysts turned more constructive: Citigroup raised its target to $132 with a buy rating, while JPMorgan lifted its target to $125 but kept a neutral rating, which may help sentiment but does not change near-term fundamentals. Citigroup price target update JPMorgan price target update

About Science Applications International

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.