Fort Washington Investment Advisors Inc. OH Sells 5,822 Shares of CACI International, Inc. $CACI

Key Points

• Fort Washington Investment Advisors cut its CACI International stake by 10% in the third quarter, selling 5,822 shares and retaining 52,588 shares valued at approximately $32 million. Institutional investors collectively own 86.43% of the company.
• Analysts maintain a generally positive outlook, with nine Buy ratings, two Holds and one Sell rating. CACI has a consensus “Moderate Buy” rating and an average price target of $700.36.
• CACI reported quarterly earnings of $8.91 per share, exceeding estimates of $7.39, while revenue rose 17.6% year over year to $2.71 billion. Shares opened at $612.79, within a 52-week range of $434.70 to $683.50.

Fort Washington Investment Advisors Inc. OH lessened its holdings in shares of CACI International, Inc. (NYSE:CACI - Free Report) by 10.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,588 shares of the information technology services provider's stock after selling 5,822 shares during the quarter. Fort Washington Investment Advisors Inc. OH owned approximately 0.24% of CACI International worth $32,032,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Westport Asset Management Inc. purchased a new stake in shares of CACI International in the second quarter worth approximately $2,316,000. Public Employees Retirement System of Ohio acquired a new stake in shares of CACI International during the second quarter worth approximately $2,887,000. Quantitative Investment Management LLC purchased a new position in CACI International during the second quarter valued at approximately $658,000. Argent Capital Management LLC purchased a new position in CACI International during the first quarter valued at approximately $5,158,000. Finally, California State Teachers Retirement System grew its position in CACI International by 22.6% during the first quarter. California State Teachers Retirement System now owns 25,494 shares of the information technology services provider's stock valued at $13,865,000 after purchasing an additional 4,696 shares in the last quarter. Institutional investors and hedge funds own 86.43% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CACI. Jefferies Financial Group reissued a "hold" rating on shares of CACI International in a research note on Thursday, September 17th. JPMorgan Chase & Co. upped their price target on shares of CACI International from $645.00 to $715.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. Stifel Nicolaus set a $892.00 price objective on CACI International in a report on Thursday, August 6th. BNP Paribas Exane downgraded CACI International from a "neutral" rating to an "underperform" rating and lowered their target price for the company from $675.00 to $540.00 in a research note on Tuesday, October 6th. Finally, Weiss Ratings upgraded CACI International from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday. Nine research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $700.36.

CACI International Stock Up 1.5%

CACI stock opened at $612.79 on Friday. The firm has a market cap of $13.54 billion, a PE ratio of 25.37, a PEG ratio of 1.96 and a beta of 0.59. CACI International, Inc. has a 1 year low of $434.70 and a 1 year high of $683.50. The company has a fifty day simple moving average of $628.30 and a 200 day simple moving average of $549.00. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 1.09.

CACI International (NYSE:CACI - Get Free Report) last posted its earnings results on Wednesday, August 5th. The information technology services provider reported $8.91 EPS for the quarter, topping the consensus estimate of $7.39 by $1.52. The firm had revenue of $2.71 billion for the quarter, compared to the consensus estimate of $2.70 billion. CACI International had a net margin of 5.60% and a return on equity of 15.65%. The business's quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the business posted $8.40 earnings per share. CACI International has set its FY 2027 guidance at 32.960-33.860 EPS. Sell-side analysts anticipate that CACI International, Inc. will post 33.42 EPS for the current fiscal year.

CACI International Profile

CACI International Inc NYSE: CACI is a government services and information technology company that provides mission-focused solutions to U.S. defense, intelligence, and federal civilian agencies, as well as selected allied and partner governments. The company supports customers across the national security and government technology sectors.

Its capabilities include enterprise and mission information technology, artificial intelligence and data analytics, cybersecurity, intelligence analysis, electronic warfare, signals intelligence, surveillance and reconnaissance, communications, engineering, and other specialized technical services.

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