Science Applications International Co. (NYSE:SAIC) EVP Hilary Hageman Acquires 100 Shares

Science Applications International Co. (NYSE:SAIC) EVP Hilary Hageman bought 100 shares of the firm’s stock in a transaction dated Wednesday, March 26th. The shares were acquired at an average cost of $109.74 per share, with a total value of $10,974.00. Following the completion of the transaction, the executive vice president now owns 16,993 shares in the company, valued at approximately $1,864,811.82. The trade was a 0.59 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Science Applications International Price Performance

Shares of NYSE SAIC opened at $109.60 on Thursday. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.87 and a current ratio of 0.87. Science Applications International Co. has a fifty-two week low of $94.68 and a fifty-two week high of $156.34. The stock has a market cap of $5.23 billion, a PE ratio of 18.48 and a beta of 0.66. The stock has a fifty day moving average of $106.53 and a 200-day moving average of $121.97.

Science Applications International (NYSE:SAIC) last posted its earnings results on Monday, March 17th. The information technology services provider reported $2.57 earnings per share for the quarter, beating analysts’ consensus estimates of $2.00 by $0.57. Science Applications International had a return on equity of 24.18% and a net margin of 4.11%. The business had revenue of $1.84 billion during the quarter, compared to analyst estimates of $1.81 billion. During the same quarter in the previous year, the firm earned $1.43 EPS. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. Equities research analysts anticipate that Science Applications International Co. will post 8.27 earnings per share for the current year.

Science Applications International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 25th. Shareholders of record on Friday, April 11th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.35%. The ex-dividend date of this dividend is Friday, April 11th. Science Applications International’s dividend payout ratio is presently 20.58%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on SAIC shares. Truist Financial decreased their price objective on shares of Science Applications International from $135.00 to $115.00 and set a “hold” rating for the company in a report on Tuesday, March 18th. The Goldman Sachs Group decreased their price target on shares of Science Applications International from $124.00 to $103.00 and set a “sell” rating for the company in a research note on Thursday, December 12th. Cantor Fitzgerald upgraded Science Applications International to a “hold” rating in a research note on Tuesday, February 25th. Wells Fargo & Company raised their target price on Science Applications International from $139.00 to $148.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 18th. Finally, JPMorgan Chase & Co. dropped their price target on Science Applications International from $170.00 to $148.00 and set an “overweight” rating on the stock in a research report on Friday, December 6th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, Science Applications International has a consensus rating of “Hold” and an average target price of $134.00.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Chancellor Financial Group WB LP bought a new stake in Science Applications International during the fourth quarter valued at $234,000. Wealth Enhancement Advisory Services LLC boosted its position in shares of Science Applications International by 139.7% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 9,865 shares of the information technology services provider’s stock valued at $1,103,000 after acquiring an additional 5,750 shares during the last quarter. NorthCrest Asset Manangement LLC boosted its position in shares of Science Applications International by 4.5% during the 4th quarter. NorthCrest Asset Manangement LLC now owns 7,325 shares of the information technology services provider’s stock valued at $819,000 after acquiring an additional 314 shares during the last quarter. Wealthedge Investment Advisors LLC purchased a new position in shares of Science Applications International during the fourth quarter worth about $447,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH bought a new position in shares of Science Applications International in the fourth quarter worth approximately $3,382,000. 76.00% of the stock is 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.