Town & Country Bank & Trust CO dba First Bankers Trust CO Buys 3,300 Shares of Science Applications International Co. (NYSE:SAIC)

Town & Country Bank & Trust CO dba First Bankers Trust CO grew its position in shares of Science Applications International Co. (NYSE:SAIC - Free Report) by 151.0% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,486 shares of the information technology services provider's stock after buying an additional 3,300 shares during the period. Town & Country Bank & Trust CO dba First Bankers Trust CO's holdings in Science Applications International were worth $616,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Cornerstone Planning Group LLC acquired a new stake in shares of Science Applications International during the 4th quarter worth approximately $28,000. True Wealth Design LLC acquired a new stake in shares of Science Applications International during the 4th quarter worth approximately $48,000. Kapitalo Investimentos Ltda acquired a new stake in shares of Science Applications International during the 4th quarter worth approximately $58,000. Jones Financial Companies Lllp increased its position in Science Applications International by 32.3% in the 4th quarter. Jones Financial Companies Lllp now owns 639 shares of the information technology services provider's stock valued at $71,000 after acquiring an additional 156 shares during the period. Finally, EverSource Wealth Advisors LLC increased its position in Science Applications International by 33.1% in the 4th quarter. EverSource Wealth Advisors LLC now owns 671 shares of the information technology services provider's stock valued at $75,000 after acquiring an additional 167 shares during the period. Institutional investors own 76.00% of the company's stock.

Insider Activity at Science Applications International

In other Science Applications International news, Director Garth Graham acquired 215 shares of the company's stock in a transaction dated Monday, April 14th. The shares were acquired at an average cost of $116.75 per share, for a total transaction of $25,101.25. Following the completion of the purchase, the director now owns 7,159 shares of the company's stock, valued at approximately $835,813.25. This trade represents a 3.10% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Toni Townes-Whitley acquired 2,000 shares of the company's stock in a transaction dated Friday, March 28th. The stock was acquired at an average price of $111.67 per share, for a total transaction of $223,340.00. Following the completion of the purchase, the chief executive officer now directly owns 45,183 shares of the company's stock, valued at $5,045,585.61. This trade represents a 4.63% increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders bought 3,260 shares of company stock valued at $365,037. Insiders own 0.44% of the company's stock.

Science Applications International Stock Up 2.7%

NYSE:SAIC traded up $2.73 during trading hours on Tuesday, hitting $102.95. 372,304 shares of the company's stock traded hands, compared to its average volume of 529,588. The firm has a market cap of $4.91 billion, a P/E ratio of 17.36 and a beta of 0.55. Science Applications International Co. has a twelve month low of $94.68 and a twelve month high of $156.34. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.87 and a current ratio of 0.87. The stock's fifty day moving average price is $117.06 and its two-hundred day moving average price is $113.23.

Science Applications International (NYSE:SAIC - Get Free Report) last released its quarterly earnings data on Monday, June 2nd. The information technology services provider reported $1.92 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $2.17 by ($0.25). Science Applications International had a net margin of 4.11% and a return on equity of 24.18%. The firm's revenue for the quarter was up 1.6% on a year-over-year basis. During the same period last year, the firm posted $1.92 EPS. On average, research analysts expect that Science Applications International Co. will post 8.27 earnings per share for the current fiscal year.

Science Applications International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Investors of record on Friday, July 11th will be given a dividend of $0.37 per share. The ex-dividend date is Friday, July 11th. This represents a $1.48 dividend on an annualized basis and a yield of 1.44%. Science Applications International's payout ratio is 20.58%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. UBS Group reduced their price objective on Science Applications International from $121.00 to $111.00 and set a "neutral" rating for the company in a research note on Tuesday. Truist Financial reduced their price objective on Science Applications International from $115.00 to $100.00 and set a "hold" rating for the company in a research note on Tuesday. Cantor Fitzgerald raised Science Applications International to a "hold" rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. decreased their target price on Science Applications International from $148.00 to $140.00 and set an "overweight" rating for the company in a research report on Tuesday, April 15th. Finally, Jefferies Financial Group raised their target price on Science Applications International from $120.00 to $130.00 and gave the stock a "hold" rating in a research report on Thursday, May 15th. One research analyst has rated the stock with a sell rating, six have given a hold rating, three have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, Science Applications International has a consensus rating of "Hold" and a consensus price target of $128.20.

About Science Applications International

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.