CACI International, Inc. (NYSE:CACI – Get Free Report) traded up 6.9% during mid-day trading on Thursday . The stock traded as high as $500.09 and last traded at $499.12. Approximately 208,703 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 294,323 shares. The stock had previously closed at $466.88.
Wall Street Analysts Forecast Growth
Several research firms have recently issued reports on CACI. Jefferies Financial Group dropped their price target on shares of CACI International from $550.00 to $510.00 and set a “hold” rating for the company in a research note on Wednesday. TD Cowen decreased their price objective on CACI International from $650.00 to $625.00 and set a “buy” rating for the company in a report on Friday, April 24th. BNP Paribas Exane initiated coverage on CACI International in a report on Wednesday, May 27th. They issued a “neutral” rating and a $550.00 price objective for the company. JPMorgan Chase & Co. lowered their target price on CACI International from $700.00 to $645.00 and set an “overweight” rating for the company in a research report on Monday, June 15th. Finally, Wells Fargo & Company began coverage on CACI International in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $275.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, CACI International currently has a consensus rating of “Moderate Buy” and a consensus price target of $615.91.
Get Our Latest Stock Analysis on CACI International
CACI International Trading Up 6.4%
CACI International (NYSE:CACI – Get Free Report) last issued its quarterly earnings results on Wednesday, April 22nd. The information technology services provider reported $7.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $7.09 by $0.18. CACI International had a net margin of 5.86% and a return on equity of 15.90%. The firm had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.36 billion. During the same quarter in the previous year, the company earned $6.23 EPS. The company’s revenue for the quarter was up 8.5% on a year-over-year basis. CACI International has set its FY 2026 guidance at 21.670-22.340 EPS. Equities research analysts expect that CACI International, Inc. will post 28.26 EPS for the current fiscal year.
Hedge Funds Weigh In On CACI International
Hedge funds and other institutional investors have recently bought and sold shares of the company. Jones Financial Companies Lllp raised its position in shares of CACI International by 344.7% in the 1st quarter. Jones Financial Companies Lllp now owns 885 shares of the information technology services provider’s stock worth $325,000 after acquiring an additional 686 shares in the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of CACI International by 595.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 146 shares of the information technology services provider’s stock valued at $70,000 after purchasing an additional 125 shares in the last quarter. Baird Financial Group Inc. boosted its position in shares of CACI International by 3.7% during the 2nd quarter. Baird Financial Group Inc. now owns 4,416 shares of the information technology services provider’s stock valued at $2,105,000 after purchasing an additional 157 shares in the last quarter. Jump Financial LLC acquired a new stake in CACI International during the second quarter worth approximately $423,000. Finally, Ameriprise Financial Inc. grew its stake in CACI International by 22.5% during the second quarter. Ameriprise Financial Inc. now owns 298,615 shares of the information technology services provider’s stock worth $142,346,000 after purchasing an additional 54,905 shares during the period. Institutional investors and hedge funds own 86.43% of the company’s stock.
About CACI International
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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