C. David Cush Purchases 1,000 Shares of Science Applications International (NASDAQ:SAIC) Stock

Science Applications International Corporation (NASDAQ:SAIC) Director C. David Cush purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, September 22nd. The stock was bought at an average cost of $132.50 per share, with a total value of $132,500.00. Following the completion of the acquisition, the director directly owned 1,000 shares of the company’s stock, valued at $132,500. This trade represents a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Science Applications International Stock Performance

Shares of SAIC traded down $3.66 during trading hours on Tuesday, hitting $129.69. The stock had a trading volume of 636,964 shares, compared to its average volume of 572,852. Science Applications International Corporation has a fifty-two week low of $81.08 and a fifty-two week high of $142.66. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.20 and a current ratio of 1.20. The firm has a 50-day moving average price of $124.21 and a 200 day moving average price of $109.13. The firm has a market capitalization of $5.43 billion, a price-to-earnings ratio of 15.17 and a beta of 0.30.

Science Applications International (NASDAQ:SAIC) last posted its earnings results on Monday, August 31st. The company reported $3.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.31 by $0.70. Science Applications International had a net margin of 5.13% and a return on equity of 34.68%. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.76 billion. During the same period in the prior year, the company posted $3.63 EPS. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. As a group, research analysts anticipate that Science Applications International Corporation will post 10.78 EPS for the current year.

Science Applications International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, October 23rd. Investors of record on Friday, October 9th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Friday, October 9th. This represents a $1.48 dividend on an annualized basis and a yield of 1.1%. Science Applications International’s dividend payout ratio (DPR) is currently 17.31%.

Hedge Funds Weigh In On Science Applications International

A number of institutional investors and hedge funds have recently added to or reduced their stakes in SAIC. Bank of America Corp DE increased its stake in shares of Science Applications International by 17.5% during the 1st quarter. Bank of America Corp DE now owns 380,538 shares of the company’s stock valued at $36,121,000 after acquiring an additional 56,720 shares during the last quarter. Islay Capital Management LLC acquired a new position in Science Applications International during the fourth quarter valued at approximately $971,000. Stephens Inc. AR purchased a new stake in Science Applications International during the first quarter worth approximately $1,132,000. Dimensional Fund Advisors LP grew its stake in Science Applications International by 13.7% during the first quarter. Dimensional Fund Advisors LP now owns 1,535,288 shares of the company’s stock worth $145,730,000 after buying an additional 185,066 shares during the period. Finally, Cetera Investment Advisers increased its position in shares of Science Applications International by 47.2% in the first quarter. Cetera Investment Advisers now owns 29,781 shares of the company’s stock worth $2,827,000 after acquiring an additional 9,550 shares in the last quarter. 76.00% of the stock is owned by institutional investors and hedge funds.

Science Applications International News Summary

Here are the key news stories impacting Science Applications International this week:

• Positive Sentiment: Zacks Research raised its FY2027 EPS estimate to $10.70 from $9.98, its FY2028 estimate to $10.74 from $10.53, and its FY2029 estimate to $11.70 from $11.63. These increases suggest improved longer-term earnings expectations for SAIC. Science Applications International analyst estimates
• Positive Sentiment: Quarterly estimates were also raised for Q1 2028, Q2 2028, and Q1-Q2 2029. The largest increase was for Q2 2028, lifted to $2.64 EPS from $2.49, while Q1 2028 rose to $2.65 from $2.53.
• Neutral Sentiment: Zacks Research left its broader published outlook at $10.78 EPS for the current fiscal year and expects $10.70 EPS for FY2027, $10.74 for FY2028, and $11.70 for FY2029. The estimates are analyst projections rather than new company operating results or guidance.
• Negative Sentiment: Several near- to medium-term forecasts were reduced: Q3 2027 EPS fell to $2.30 from $2.42, Q4 2027 declined to $2.16 from $2.18, and Q3 2028 dropped to $2.75 from $2.81. These cuts could reinforce concerns about uneven earnings growth despite the improved full-year outlook.

Wall Street Analyst Weigh In

SAIC has been the subject of a number of recent research reports. BNP Paribas Exane began coverage on shares of Science Applications International in a research report on Wednesday, May 27th. They issued a “neutral” rating and a $95.00 target price for the company. Stifel Nicolaus boosted their price objective on Science Applications International from $137.00 to $154.00 and gave the stock a “buy” rating in a research note on Tuesday, September 1st. Truist Financial lifted their price target on Science Applications International from $110.00 to $130.00 and gave the stock a “hold” rating in a report on Tuesday, September 1st. Jefferies Financial Group upped their price objective on shares of Science Applications International from $130.00 to $140.00 and gave the company a “hold” rating in a report on Tuesday, September 1st. Finally, Citigroup boosted their target price on shares of Science Applications International from $120.00 to $132.00 and gave the company a “buy” rating in a report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Science Applications International currently has an average rating of “Hold” and an average target price of $125.22.

About Science Applications International

Science Applications International Corporation (SAIC) is a technology integrator and government services contractor that provides mission-critical solutions to the U.S. government. The company supports defense, intelligence, space, civilian, and federal law enforcement organizations with services designed to improve operational performance, modernize legacy systems, and address complex national security and public-sector challenges.

SAIC’s offerings include information technology modernization, cloud computing, cybersecurity, artificial intelligence and data analytics, digital engineering, software development, systems integration, and enterprise IT services.