Science Applications International Co. (NYSE:SAIC) Announces $0.37 Quarterly Dividend

Key Points

• Science Applications International Co. has declared a quarterly dividend of $0.37 per share, payable on October 24th to shareholders of record on October 10th, reflecting an annualized yield of 1.3%.
• The company reported earnings of $1.92 EPS for the last quarter, falling short of expectations, while also projecting FY 2026 EPS guidance between 9.100 and 9.300.
• Institutional investors hold 76% of the company’s stock, with significant recent investments by firms including LSV Asset Management and Norges Bank.

Science Applications International Co. (NYSE:SAIC - Get Free Report) declared a quarterly dividend on Friday, August 29th, RTT News reports. Shareholders of record on Friday, October 10th will be paid a dividend of 0.37 per share by the information technology services provider on Friday, October 24th. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, October 10th.

Science Applications International Trading Down 0.1%

Shares of NYSE:SAIC traded down $0.14 during trading on Monday, reaching $117.70. The stock had a trading volume of 490,174 shares, compared to its average volume of 643,570. The business has a fifty day moving average price of $115.17 and a 200-day moving average price of $112.61. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. The stock has a market cap of $5.52 billion, a P/E ratio of 19.85 and a beta of 0.49. Science Applications International has a fifty-two week low of $94.68 and a fifty-two week high of $156.34.

Science Applications International (NYSE:SAIC - Get Free Report) last issued its quarterly 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 quarter last year, the business posted $1.92 EPS. Science Applications International's quarterly revenue was up 1.6% on a year-over-year basis. As a group, analysts anticipate that Science Applications International will post 8.27 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Fuller & Thaler Asset Management Inc. boosted its stake in Science Applications International by 14.3% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 2,500,086 shares of the information technology services provider's stock valued at $280,685,000 after acquiring an additional 313,539 shares during the last quarter. First Trust Advisors LP raised its holdings in shares of Science Applications International by 5.3% during the second quarter. First Trust Advisors LP now owns 1,465,151 shares of the information technology services provider's stock worth $164,991,000 after purchasing an additional 73,363 shares during the period. AQR Capital Management LLC raised its holdings in shares of Science Applications International by 36.3% during the second quarter. AQR Capital Management LLC now owns 1,303,894 shares of the information technology services provider's stock worth $143,578,000 after purchasing an additional 347,456 shares during the period. LSV Asset Management raised its holdings in shares of Science Applications International by 143.2% during the second quarter. LSV Asset Management now owns 1,302,029 shares of the information technology services provider's stock worth $146,621,000 after purchasing an additional 766,734 shares during the period. Finally, Dimensional Fund Advisors LP raised its holdings in shares of Science Applications International by 2.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,141,923 shares of the information technology services provider's stock worth $128,202,000 after purchasing an additional 30,343 shares during the period. 76.00% of the stock is currently owned by institutional investors.

Science Applications International Company 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.