Zacks Research Issues Positive Estimate for SAIC Earnings

Science Applications International Co. (NYSE:SAIC - Free Report) - Equities researchers at Zacks Research increased their Q2 2026 earnings estimates for Science Applications International in a note issued to investors on Monday, June 23rd. Zacks Research analyst R. Department now anticipates that the information technology services provider will post earnings per share of $2.25 for the quarter, up from their prior estimate of $2.22. The consensus estimate for Science Applications International's current full-year earnings is $8.27 per share. Zacks Research also issued estimates for Science Applications International's Q3 2026 earnings at $2.58 EPS, Q4 2026 earnings at $2.37 EPS, Q4 2027 earnings at $2.56 EPS, Q1 2028 earnings at $2.68 EPS and FY2028 earnings at $11.73 EPS.

Science Applications International (NYSE:SAIC - Get Free Report) last released its quarterly earnings results 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 return on equity of 24.18% and a net margin of 4.11%. The company's revenue for the quarter was up 1.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.92 EPS.

A number of other brokerages have also recently weighed in on SAIC. Jefferies Financial Group increased their price target on shares of Science Applications International from $120.00 to $130.00 and gave the stock a "hold" rating in a research note on Thursday, May 15th. Stifel Nicolaus initiated coverage on shares of Science Applications International in a report on Tuesday. They issued a "buy" rating and a $130.00 target price for the company. Wells Fargo & Company increased their target price on shares of Science Applications International from $132.00 to $137.00 and gave the stock an "overweight" rating in a research note on Wednesday, June 4th. UBS Group lowered their price target 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. Finally, 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, June 3rd. One equities research analyst has rated the stock with a sell rating, six have given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus price target of $124.73.

Science Applications International Stock Performance

Shares of SAIC traded up $0.08 during mid-day trading on Wednesday, reaching $109.24. 685,453 shares of the company's stock were exchanged, compared to its average volume of 544,194. The business's fifty day simple moving average is $113.77 and its 200-day simple moving average is $111.14. The stock has a market capitalization of $5.12 billion, a PE ratio of 18.42 and a beta of 0.50. Science Applications International has a 52-week low of $94.68 and a 52-week high of $156.34. 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 Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 25th. Shareholders of record on Friday, July 11th will be issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.35%. The ex-dividend date of this dividend is Friday, July 11th. Science Applications International's dividend payout ratio is presently 20.76%.

Insiders Place Their Bets

In related news, Director Garth Graham bought 215 shares of the firm's stock in a transaction on Monday, April 14th. The shares were bought at an average cost of $116.75 per share, for a total transaction of $25,101.25. Following the transaction, 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 ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Carolyn B. Handlon acquired 230 shares of Science Applications International stock in a transaction that occurred on Monday, April 7th. The stock was bought at an average price of $109.93 per share, with a total value of $25,283.90. Following the purchase, the director now directly owns 4,032 shares of the company's stock, valued at approximately $443,237.76. This trade represents a 6.05% increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have acquired 660 shares of company stock worth $75,433. Company insiders own 0.44% of the company's stock.

Institutional Investors Weigh In On Science Applications International

Hedge funds and other institutional investors have recently modified their holdings of the stock. Parallel Advisors LLC grew its holdings in shares of Science Applications International by 112.1% in the 1st quarter. Parallel Advisors LLC now owns 280 shares of the information technology services provider's stock worth $31,000 after acquiring an additional 148 shares during the period. Larson Financial Group LLC boosted its position in Science Applications International by 43.2% during 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 in the last quarter. US Bancorp DE grew its holdings in Science Applications International by 38.5% in the first quarter. US Bancorp DE now owns 324 shares of the information technology services provider's stock valued at $36,000 after purchasing an additional 90 shares during the last quarter. True Wealth Design LLC acquired a new stake in Science Applications International in the fourth quarter valued at $48,000. Finally, Fifth Third Bancorp increased its position in shares of Science Applications International by 22.7% in the first quarter. Fifth Third Bancorp now owns 475 shares of the information technology services provider's stock valued at $53,000 after buying an additional 88 shares in the last quarter. 76.00% of the stock is currently owned by institutional investors and hedge funds.

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.