Seizert Capital Partners LLC Grows Stock Holdings in Science Applications International Co. $SAIC

Seizert Capital Partners LLC increased its position in Science Applications International Co. (NYSE:SAIC) by 2.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 49,455 shares of the information technology services provider’s stock after buying an additional 1,117 shares during the period. Seizert Capital Partners LLC owned about 0.11% of Science Applications International worth $5,569,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. US Bancorp DE boosted 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 acquiring an additional 90 shares during the period. Focus Partners Wealth lifted its holdings in Science Applications International by 3.3% in the 1st quarter. Focus Partners Wealth now owns 2,900 shares of the information technology services provider’s stock worth $326,000 after purchasing an additional 94 shares in the last quarter. Larson Financial Group LLC boosted its stake in Science Applications International by 43.2% in the 1st quarter. Larson Financial Group LLC now owns 325 shares of the information technology services provider’s stock worth $36,000 after purchasing an additional 98 shares during the period. Wealthspire Advisors LLC boosted its stake in Science Applications International by 6.7% in the 1st quarter. Wealthspire Advisors LLC now owns 1,946 shares of the information technology services provider’s stock worth $218,000 after purchasing an additional 122 shares during the period. Finally, Pure Financial Advisors LLC grew its holdings 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 buying an additional 126 shares in the last quarter. Hedge funds and other institutional investors own 76.00% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on SAIC shares. Jefferies Financial Group lowered their target price on shares of Science Applications International from $130.00 to $115.00 and set a “hold” rating on the stock in a report on Wednesday, September 10th. UBS Group decreased their price target on shares of Science Applications International from $111.00 to $110.00 and set a “neutral” rating on the stock in a research note on Friday, September 5th. The Goldman Sachs Group dropped their price objective on shares of Science Applications International from $104.00 to $91.00 and set a “sell” rating for the company in a report on Monday, September 8th. Truist Financial lifted their target price on Science Applications International from $100.00 to $110.00 and gave the stock a “hold” rating in a report on Thursday, July 24th. Finally, JPMorgan Chase & Co. reiterated a “neutral” rating and issued a $115.00 target price (down from $140.00) on shares of Science Applications International in a research report on Monday, September 8th. Two research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $115.10.

Science Applications International Trading Up 0.1%

Shares of NYSE SAIC opened at $87.15 on Wednesday. Science Applications International Co. has a 1-year low of $86.95 and a 1-year high of $133.00. 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 business’s 50 day moving average is $97.03 and its two-hundred day moving average is $107.87. The stock has a market capitalization of $4.01 billion, a P/E ratio of 14.70 and a beta of 0.43.

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

Science Applications International Announces Dividend

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. This represents a $1.48 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Friday, October 10th. Science Applications International’s dividend payout ratio (DPR) is 17.92%.

Science Applications International 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.