Seizert Capital Partners LLC Buys 10,326 Shares of Science Applications International Co. (NYSE:SAIC)

Seizert Capital Partners LLC lifted its stake in shares of Science Applications International Co. (NYSE:SAIC - Free Report) by 36.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,803 shares of the information technology services provider's stock after buying an additional 10,326 shares during the period. Seizert Capital Partners LLC owned about 0.08% of Science Applications International worth $5,404,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SAIC. International Assets Investment Management LLC lifted its position in shares of Science Applications International by 36,732.4% during the 3rd quarter. International Assets Investment Management LLC now owns 245,672 shares of the information technology services provider's stock worth $34,215,000 after buying an additional 245,005 shares in the last quarter. Van ECK Associates Corp increased its position in shares of Science Applications International by 122.7% during the second quarter. Van ECK Associates Corp now owns 205,599 shares of the information technology services provider's stock valued at $24,168,000 after acquiring an additional 113,260 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in Science Applications International by 5.4% during the second quarter. Dimensional Fund Advisors LP now owns 1,108,748 shares of the information technology services provider's stock worth $130,333,000 after acquiring an additional 56,414 shares during the period. American Century Companies Inc. lifted its holdings in Science Applications International by 8.1% during the second quarter. American Century Companies Inc. now owns 378,765 shares of the information technology services provider's stock worth $44,524,000 after acquiring an additional 28,304 shares during the period. Finally, AQR Capital Management LLC boosted its position in Science Applications International by 9.7% in the second quarter. AQR Capital Management LLC now owns 313,802 shares of the information technology services provider's stock worth $36,887,000 after purchasing an additional 27,664 shares during the last quarter. Institutional investors own 76.00% of the company's stock.

Science Applications International Price Performance

NYSE SAIC traded down $3.51 on Friday, hitting $122.40. The stock had a trading volume of 1,548,582 shares, compared to its average volume of 329,261. The firm has a 50-day moving average of $142.06 and a 200-day moving average of $130.67. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.85 and a current ratio of 0.85. Science Applications International Co. has a 52-week low of $112.00 and a 52-week high of $156.34. The company has a market capitalization of $6.06 billion, a price-to-earnings ratio of 22.01 and a beta of 0.70.

Science Applications International (NYSE:SAIC - Get Free Report) last posted its quarterly earnings data on Thursday, September 5th. The information technology services provider reported $2.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.19. The company had revenue of $1.82 billion during the quarter, compared to analyst estimates of $1.80 billion. Science Applications International had a return on equity of 22.88% and a net margin of 3.97%. The firm's quarterly revenue was up 2.0% on a year-over-year basis. During the same quarter last year, the company earned $2.05 earnings per share. Equities analysts expect that Science Applications International Co. will post 8.2 EPS for the current year.

Science Applications International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 25th. Shareholders of record on Friday, October 11th were paid a $0.37 dividend. The ex-dividend date was Friday, October 11th. This represents a $1.48 dividend on an annualized basis and a yield of 1.21%. Science Applications International's dividend payout ratio is presently 26.62%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on SAIC. StockNews.com downgraded Science Applications International from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, October 22nd. JPMorgan Chase & Co. upgraded shares of Science Applications International from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $150.00 to $170.00 in a research report on Wednesday, October 2nd. Citigroup boosted their price target on shares of Science Applications International from $160.00 to $176.00 and gave the company a "buy" rating in a research report on Thursday, October 10th. Barclays raised their price objective on shares of Science Applications International from $135.00 to $150.00 and gave the stock an "equal weight" rating in a report on Monday, September 16th. Finally, Truist Financial lifted their price objective on shares of Science Applications International from $125.00 to $135.00 and gave the company a "hold" rating in a research note on Friday, September 6th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the company's stock. According to MarketBeat, Science Applications International presently has a consensus rating of "Hold" and a consensus price target of $150.43.

About Science Applications International

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.