SCHEDULE: BlackRock Discloses 10.1% Stake in SAIC

Sentiment:

Ownership Filing


BlackRock, Inc. has reported beneficial ownership of 10.1% of Science Applications International Corporation's common stock as of March 31, 2026.

Summary

  • BlackRock, Inc. has filed a Schedule 13G, indicating its beneficial ownership of Science Applications International Corporation (SAIC) common stock.
  • As of March 31, 2026, BlackRock beneficially owns 4,374,758 shares, representing 10.1% of the class.
  • This ownership is held across various reporting business units of BlackRock, Inc. and its subsidiaries.
  • BlackRock has sole voting power over 4,183,513 shares and sole dispositive power over 4,374,758 shares.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive filing, as it indicates a significant investment by a major institutional player, but it is a routine disclosure without new operational or financial news from SAIC.

Positives

  • BlackRock's significant stake suggests confidence in SAIC's long-term prospects.
  • The filing indicates a substantial investment by a major institutional investor.

Negatives

  • The filing does not contain any negative financial or operational information about SAIC itself, as it is a disclosure of ownership by BlackRock.

Risks

  • Potential for BlackRock to alter its holdings, which could impact SAIC's stock price.
  • Concentration of ownership by a single large investor could influence corporate governance decisions.

Future Outlook

This filing is a disclosure of current ownership and does not contain forward-looking statements or guidance from SAIC.

Management Comments

  • "In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by certain business units (collectively, the 'Reporting Business Units') of BlackRock, Inc. and its subsidiaries and affiliates. It does not include securities, if any, beneficially owned by other business units whose beneficial ownership of securities are disaggregated from that of the Reporting Business Units in accordance with such release."
  • "Various persons have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the common stock of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION. No one person's interest in the common stock of SCIENCE APPLICATIONS INTERNATIONAL CORPORATION is more than five percent of the total outstanding common shares."
  • "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11."

Industry Context

StockSavvy.ai notes that significant stake disclosures by large asset managers like BlackRock often signal a belief in the company's stability and growth potential within the defense and technology services sector.

Stakeholder Impact

  • Shareholders: The filing confirms a significant institutional investor's confidence, which could be viewed positively by other shareholders. However, it also highlights potential influence from a large holder.
  • Management: SAIC's management will be aware of BlackRock's substantial stake and potential influence on corporate decisions.
  • Creditors: No direct impact on creditors is indicated by this filing.

Next Steps

  • BlackRock will continue to monitor its investment in SAIC.
  • SAIC will continue its business operations as usual, subject to any influence from its major shareholders.

Key Dates

DateDescription
04/30/2023Previous power of attorney revoked.
01/21/2025Effective date of the current power of attorney for BlackRock's filings.
03/31/2026Date of event requiring filing of this statement (ownership as of this date).
04/07/2026Date of certification and signature by BlackRock, Inc.

Keywords

Schedule 13G, BlackRock, SAIC, Science Applications International Corporation, Beneficial Ownership, Institutional Investor, Common Stock, SEC Filing

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.