Fuller & Thaler Asset Management Inc. Boosts Stock Holdings in CACI International, Inc. $CACI

Key Points

• Fuller & Thaler Asset Management Inc. increased its stake in CACI International by 15.5% during the first quarter, now owning approximately 200,214 shares valued at $73,463,000.
• Several research firms have upgraded CACI's stock ratings, with Goldman Sachs raising its price target from $407.00 to $544.00 and maintaining a "buy" rating.
• CACI reported earnings of $8.40 per share for the last quarter, exceeding analysts' expectations by $1.86, with revenues showing a year-over-year increase of 13.0%.

Fuller & Thaler Asset Management Inc. grew its stake in shares of CACI International, Inc. (NYSE:CACI - Free Report) by 15.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 200,214 shares of the information technology services provider's stock after buying an additional 26,804 shares during the quarter. Fuller & Thaler Asset Management Inc. owned about 0.91% of CACI International worth $73,463,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the company. Wayfinding Financial LLC acquired a new stake in CACI International in the first quarter valued at approximately $27,000. Cary Street Partners Investment Advisory LLC lifted its position in CACI International by 528.6% during the 1st quarter. Cary Street Partners Investment Advisory LLC now owns 264 shares of the information technology services provider's stock worth $97,000 after buying an additional 222 shares in the last quarter. TD Private Client Wealth LLC lifted its position in CACI International by 21.0% during the 1st quarter. TD Private Client Wealth LLC now owns 305 shares of the information technology services provider's stock valued at $112,000 after purchasing an additional 53 shares during the period. GAMMA Investing LLC lifted its position in CACI International by 150.8% during the 1st quarter. GAMMA Investing LLC now owns 306 shares of the information technology services provider's stock valued at $112,000 after purchasing an additional 184 shares during the period. Finally, Covestor Ltd lifted its position in CACI International by 26.9% during the 1st quarter. Covestor Ltd now owns 307 shares of the information technology services provider's stock valued at $113,000 after purchasing an additional 65 shares during the period. 86.43% of the stock is owned by hedge funds and other institutional investors.

CACI International Price Performance

Shares of NYSE:CACI traded down $4.76 on Friday, hitting $481.26. The company's stock had a trading volume of 361,972 shares, compared to its average volume of 410,875. The company has a market capitalization of $10.58 billion, a PE ratio of 21.53, a PEG ratio of 1.27 and a beta of 0.69. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.47 and a quick ratio of 1.47. CACI International, Inc. has a 1 year low of $318.60 and a 1 year high of $588.26. The company has a 50-day simple moving average of $476.02 and a 200 day simple moving average of $429.93.

CACI International (NYSE:CACI - Get Free Report) last issued its quarterly earnings data on Wednesday, August 6th. The information technology services provider reported $8.40 earnings per share for the quarter, topping analysts' consensus estimates of $6.54 by $1.86. CACI International had a return on equity of 15.84% and a net margin of 5.79%.The firm had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.29 billion. During the same period last year, the company earned $6.61 EPS. The business's quarterly revenue was up 13.0% compared to the same quarter last year. Sell-side analysts forecast that CACI International, Inc. will post 23.94 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on CACI. UBS Group reaffirmed a "buy" rating and set a $614.00 price target (up from $562.00) on shares of CACI International in a research note on Friday, August 8th. Truist Financial set a $575.00 target price on CACI International in a report on Friday, August 8th. Cowen restated a "buy" rating on shares of CACI International in a research report on Monday, April 28th. William Blair raised CACI International from a "market perform" rating to an "outperform" rating in a research note on Monday, July 7th. Finally, Wells Fargo & Company boosted their price target on CACI International from $438.00 to $513.00 and gave the stock an "overweight" rating in a report on Monday, April 28th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $549.69.

CACI International Company Profile

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.