30,060 Shares in Science Applications International Co. $SAIC Acquired by Hotchkis & Wiley Capital Management LLC

Key Points

• Hotchkis & Wiley Capital Management LLC acquired a new position in Science Applications International Co. by purchasing 30,060 shares valued at approximately $3.375 million.
• The company reported earnings of $1.92 per share for the recent quarter, missing estimates of $2.17, and set guidance for FY 2026 at 9.100-9.300 EPS.
• Science Applications International declared a quarterly dividend of $0.37 per share, representing a 1.2% dividend yield with a payout ratio of 20.76%.

Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Science Applications International Co. (NYSE:SAIC - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 30,060 shares of the information technology services provider's stock, valued at approximately $3,375,000. Hotchkis & Wiley Capital Management LLC owned approximately 0.06% of Science Applications International at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of SAIC. Parallel Advisors LLC raised its holdings in Science Applications International by 112.1% during the first quarter. Parallel Advisors LLC now owns 280 shares of the information technology services provider's stock valued at $31,000 after buying an additional 148 shares in the last quarter. Larson Financial Group LLC increased its stake in shares of Science Applications International by 43.2% in the first 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. US Bancorp DE increased its stake in Science Applications International by 38.5% during the first quarter. US Bancorp DE now owns 324 shares of the information technology services provider's stock valued at $36,000 after acquiring an additional 90 shares during the period. True Wealth Design LLC bought a new position in Science Applications International during the fourth quarter valued at about $48,000. Finally, Fifth Third Bancorp increased its stake in Science Applications International by 22.7% during the first quarter. Fifth Third Bancorp now owns 475 shares of the information technology services provider's stock valued at $53,000 after acquiring an additional 88 shares during the period. 76.00% of the stock is currently owned by institutional investors.

Science Applications International Price Performance

Shares of SAIC traded down $1.50 on Thursday, hitting $117.84. The company's stock had a trading volume of 284,222 shares, compared to its average volume of 644,506. The company has a market capitalization of $5.52 billion, a PE ratio of 19.87 and a beta of 0.49. The company has a debt-to-equity ratio of 1.20, a current ratio of 0.87 and a quick ratio of 0.87. Science Applications International Co. has a fifty-two week low of $94.68 and a fifty-two week high of $156.34. The company has a 50 day moving average price of $114.62 and a 200 day moving average price of $112.26.

Science Applications International (NYSE:SAIC - Get Free Report) last announced its earnings results on Monday, June 2nd. The information technology services provider reported $1.92 EPS for the quarter, missing the consensus estimate of $2.17 by ($0.25). Science Applications International had a return on equity of 24.18% and a net margin of 4.11%.During the same period last year, the company earned $1.92 earnings per share. The company's revenue was up 1.6% compared to the same quarter last year. Science Applications International has set its FY 2026 guidance at 9.100-9.300 EPS. On average, research analysts anticipate that Science Applications International Co. will post 8.27 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently issued reports on SAIC shares. Wells Fargo & Company boosted their price target on Science Applications International from $132.00 to $137.00 and gave the company an "overweight" rating in a research note on Wednesday, June 4th. UBS Group decreased their price objective on Science Applications International from $121.00 to $111.00 and set a "neutral" rating on the stock in a report on Tuesday, June 3rd. Stifel Nicolaus began coverage on Science Applications International in a report on Tuesday, June 24th. They set a "buy" rating and a $130.00 price objective on the stock. Truist Financial lifted their price objective on Science Applications International from $100.00 to $110.00 and gave the company a "hold" rating in a report on Thursday, July 24th. Finally, Barclays decreased their price objective on Science Applications International from $115.00 to $105.00 and set an "equal weight" rating on the stock in a report on Monday, June 9th. Four equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $125.64.

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.