New York State Common Retirement Fund Increases Holdings in CACI International Inc (NYSE:CACI)

New York State Common Retirement Fund boosted its stake in shares of CACI International Inc (NYSE:CACI - Free Report) by 13.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,853 shares of the information technology services provider's stock after purchasing an additional 3,700 shares during the period. New York State Common Retirement Fund owned about 0.14% of CACI International worth $16,072,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in CACI. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in shares of CACI International by 1.7% in the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 340,880 shares of the information technology services provider's stock worth $146,623,000 after acquiring an additional 5,610 shares during the period. Van ECK Associates Corp increased its position in shares of CACI International by 70.0% during the 2nd quarter. Van ECK Associates Corp now owns 81,584 shares of the information technology services provider's stock valued at $35,092,000 after purchasing an additional 33,589 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its stake in shares of CACI International by 26.7% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 48,923 shares of the information technology services provider's stock worth $21,043,000 after purchasing an additional 10,295 shares during the period. Lord Abbett & CO. LLC purchased a new position in shares of CACI International in the first quarter worth approximately $18,271,000. Finally, BNP Paribas Financial Markets grew its position in CACI International by 147.5% during the first quarter. BNP Paribas Financial Markets now owns 34,958 shares of the information technology services provider's stock valued at $13,243,000 after buying an additional 20,835 shares during the period. Institutional investors own 86.43% of the company's stock.

CACI International Trading Down 0.2 %

Shares of CACI traded down $0.96 during mid-day trading on Wednesday, reaching $563.98. 215,323 shares of the company's stock traded hands, compared to its average volume of 113,171. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.75 and a quick ratio of 1.75. The stock's 50-day moving average is $508.83 and its two-hundred day moving average is $460.75. CACI International Inc has a 12 month low of $314.06 and a 12 month high of $588.26. The stock has a market cap of $12.64 billion, a P/E ratio of 27.95, a P/E/G ratio of 2.17 and a beta of 0.91.

CACI International (NYSE:CACI - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The information technology services provider reported $5.93 EPS for the quarter, topping the consensus estimate of $5.08 by $0.85. The company had revenue of $2.06 billion for the quarter, compared to the consensus estimate of $1.92 billion. CACI International had a net margin of 5.77% and a return on equity of 14.78%. The firm's revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the firm posted $4.36 EPS. Research analysts forecast that CACI International Inc will post 23.3 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO John S. Mengucci sold 10,000 shares of the stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the transaction, the chief executive officer now directly owns 91,368 shares in the company, valued at approximately $42,319,830.24. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, CEO John S. Mengucci sold 10,000 shares of the stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $463.18, for a total transaction of $4,631,800.00. Following the completion of the sale, the chief executive officer now owns 91,368 shares of the company's stock, valued at $42,319,830.24. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gregory G. Johnson sold 300 shares of the stock in a transaction on Thursday, August 22nd. The shares were sold at an average price of $471.00, for a total value of $141,300.00. Following the sale, the director now owns 5,910 shares of the company's stock, valued at approximately $2,783,610. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,270 shares of company stock worth $10,165,972. 1.35% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Wells Fargo & Company lifted their price target on shares of CACI International from $525.00 to $577.00 and gave the stock an "overweight" rating in a research note on Tuesday, October 1st. The Goldman Sachs Group boosted their price target on CACI International from $471.00 to $520.00 and gave the company a "neutral" rating in a report on Friday, October 25th. TD Cowen lifted their price objective on CACI International from $545.00 to $570.00 and gave the company a "buy" rating in a research report on Friday, October 25th. Raymond James lowered shares of CACI International from an "outperform" rating to a "market perform" rating in a report on Monday, August 5th. Finally, Truist Financial reaffirmed a "buy" rating and set a $650.00 price target (up previously from $520.00) on shares of CACI International in a report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $545.70.

CACI International Company Profile

CACI International Inc, through its subsidiaries, engages in the provision of expertise and technology to enterprise and mission customers in support of national security in the intelligence, defense, and federal civilian sectors. The company operates through two segments, Domestic Operations and International Operations.