9,646 Shares in Science Applications International Corporation $SAIC Bought by Islay Capital Management LLC

Islay Capital Management LLC bought a new position in shares of Science Applications International Corporation (NASDAQ:SAIC) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 9,646 shares of the company’s stock, valued at approximately $971,000.

Several other hedge funds have also recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC lifted its position in shares of Science Applications International by 34.3% during the 4th quarter. Vanguard Personalized Indexing Management LLC now owns 4,482 shares of the company’s stock worth $451,000 after buying an additional 1,145 shares in the last quarter. MML Investors Services LLC raised its stake in shares of Science Applications International by 28.6% during the 4th quarter. MML Investors Services LLC now owns 10,940 shares of the company’s stock worth $1,101,000 after purchasing an additional 2,433 shares during the period. Mariner LLC raised its stake in Science Applications International by 24.8% in the 4th quarter. Mariner LLC now owns 20,616 shares of the company’s stock valued at $2,080,000 after acquiring an additional 4,096 shares during the period. Barclays PLC raised its stake in Science Applications International by 185.2% in the 4th quarter. Barclays PLC now owns 186,317 shares of the company’s stock valued at $18,755,000 after acquiring an additional 120,987 shares during the period. Finally, Kestra Advisory Services LLC grew its holdings in Science Applications International by 49.7% during the 4th quarter. Kestra Advisory Services LLC now owns 6,045 shares of the company’s stock valued at $608,000 after buying an additional 2,008 shares in the last quarter. Institutional investors own 76.00% of the company’s stock.

Wall Street Analyst Weigh In

SAIC has been the subject of several recent analyst reports. Weiss Ratings raised Science Applications International from a “hold (c-)” rating to a “hold (c)” rating in a report on Thursday. Stifel Nicolaus cut their target price on 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. Truist Financial reaffirmed a “hold” rating and issued a $110.00 target price (up from $95.00) on shares of Science Applications International in a research note on Tuesday, June 2nd. BNP Paribas Exane started coverage on Science Applications International in a research note on Wednesday, May 27th. They issued a “neutral” rating and a $95.00 target price for the company. Finally, JPMorgan Chase & Co. increased their price objective on Science Applications International from $110.00 to $125.00 and gave the company a “neutral” rating in a research note on Tuesday, June 2nd. Two analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Science Applications International currently has an average rating of “Hold” and an average price target of $114.00.

Science Applications International Price Performance

Shares of NASDAQ:SAIC opened at $109.39 on Tuesday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.16 and a quick ratio of 1.16. Science Applications International Corporation has a 1-year low of $81.08 and a 1-year high of $123.41. The company has a market capitalization of $4.63 billion, a PE ratio of 12.32 and a beta of 0.29. The business has a fifty day moving average price of $100.18 and a 200-day moving average price of $98.80.

Science Applications International (NASDAQ:SAIC) last released its quarterly earnings data on Monday, June 1st. The company reported $3.23 EPS for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $1.82 billion. During the same period last year, the firm 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. As a group, equities analysts expect that Science Applications International Corporation will post 10.18 EPS for the current fiscal year.

Science Applications International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 24th. Stockholders of record on Friday, July 10th will be given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Friday, July 10th. Science Applications International’s payout ratio is presently 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.