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) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 2,830 shares of the information technology services provider’s stock, valued at approximately $319,000.

Several other hedge funds also recently made changes to their positions in the business. US Bancorp DE grew its stake in shares of Science Applications International by 38.5% in the 1st quarter. US Bancorp DE now owns 324 shares of the information technology services provider’s stock worth $36,000 after purchasing an additional 90 shares during the last quarter. Focus Partners Wealth grew its stake in shares of 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 during the last quarter. Larson Financial Group LLC grew its stake in shares of 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 last quarter. Wealthspire Advisors LLC grew its stake in shares of 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 last quarter. Finally, Pure Financial Advisors LLC grew its stake in shares of Science Applications International by 0.7% in the 2nd quarter. Pure Financial Advisors LLC now owns 17,307 shares of the information technology services provider’s stock worth $1,949,000 after purchasing an additional 126 shares during the last quarter. Institutional investors and hedge funds own 76.00% of the company’s stock.

Science Applications International Stock Performance

Shares of SAIC opened at $94.09 on Monday. The company’s 50 day moving average price is $105.12 and its 200 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. The company 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 quick ratio of 0.87 and a current ratio of 0.87.

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

Science Applications International Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. UBS Group dropped their target price on shares of Science Applications International from $111.00 to $110.00 and set a “neutral” rating on the stock in a research report on Friday, September 5th. Jefferies Financial Group dropped 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 research report on Wednesday, September 10th. Stifel Nicolaus dropped their target price on shares of Science Applications International from $130.00 to $128.00 and set a “buy” rating on the stock in a research report on Friday, September 5th. JPMorgan Chase & Co. reissued 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. Finally, The Goldman Sachs Group dropped their target price on shares of Science Applications International from $104.00 to $91.00 and set a “sell” rating on the stock in a research report on Monday, September 8th. Two equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $115.10.

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.