Wells Fargo & Company initiated coverage on shares of CACI International (NYSE:CACI – Get Free Report) in a research note issued on Wednesday. The brokerage set an “overweight” rating and a $275.00 price target on the information technology services provider’s stock. Wells Fargo & Company‘s target price suggests a potential downside of 49.46% from the stock’s current price.
CACI has been the subject of several other research reports. JPMorgan Chase & Co. upped their target price on CACI International from $645.00 to $700.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 3rd. Jefferies Financial Group boosted their price objective on shares of CACI International from $670.00 to $690.00 and gave the stock a “hold” rating in a report on Monday, March 16th. Stifel Nicolaus upped their price objective on shares of CACI International from $670.00 to $765.00 and gave the company a “buy” rating in a research note on Thursday, January 22nd. Truist Financial set a $800.00 target price on shares of CACI International in a report on Thursday, January 22nd. Finally, Citigroup lifted their target price on shares of CACI International from $683.00 to $721.00 and gave the stock a “neutral” rating in a research report on Friday, January 23rd. Eleven research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $651.55.
Check Out Our Latest Report on CACI International
CACI International Trading Down 2.6%
CACI International (NYSE:CACI – Get Free Report) last announced its quarterly earnings data on Wednesday, January 21st. The information technology services provider reported $6.81 EPS for the quarter, beating the consensus estimate of $6.41 by $0.40. The firm had revenue of $2.22 billion for the quarter, compared to analyst estimates of $2.28 billion. CACI International had a return on equity of 15.93% and a net margin of 5.77%.The company’s revenue was up 5.7% on a year-over-year basis. During the same period in the prior year, the company earned $5.95 EPS. CACI International has set its FY 2026 guidance at 28.250-28.920 EPS. Equities analysts anticipate that CACI International will post 23.94 EPS for the current fiscal year.
Insider Buying and Selling
In other news, EVP J William Koegel, Jr. sold 2,000 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $615.06, for a total transaction of $1,230,120.00. Following the completion of the sale, the executive vice president owned 25,931 shares of the company’s stock, valued at approximately $15,949,120.86. This represents a 7.16% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Debora A. Plunkett sold 220 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $603.30, for a total transaction of $132,726.00. Following the sale, the director owned 2,428 shares of the company’s stock, valued at $1,464,812.40. This represents a 8.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 1.10% of the stock is owned by insiders.
Institutional Investors Weigh In On CACI International
A number of large investors have recently added to or reduced their stakes in CACI. Elyxium Wealth LLC bought a new position in shares of CACI International during the fourth quarter valued at about $29,000. Eagle Bay Advisors LLC bought a new stake in shares of CACI International in the fourth quarter worth about $35,000. V Square Quantitative Management LLC bought a new stake in shares of CACI International in the fourth quarter worth about $39,000. Root Financial Partners LLC purchased a new position in CACI International during the 3rd quarter valued at about $38,000. Finally, Los Angeles Capital Management LLC purchased a new position in CACI International during the 4th quarter valued at about $54,000. Institutional investors own 86.43% of the company’s stock.
CACI International Company Profile
CACI International Inc is a leading provider of information solutions and services to the U.S. federal government, with a primary focus on defense, intelligence, homeland security and federal civilian agencies. The company delivers advanced technology and domain expertise to support mission-critical operations, offering capabilities in areas such as data analytics, cyber security, network integration, enterprise IT modernization and logistics support. By integrating software, hardware and professional services, CACI helps clients enhance situational awareness, improve decision making and maintain critical infrastructure resilience.
Founded in 1962 and headquartered in Arlington, Virginia, CACI has evolved from a small consulting operation into a global enterprise.
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