SCHEDULE 13G/A: Boston Partners Discloses 4.68% Passive Stake in Science Applications International Corp

Boston Partners, an investment adviser, has filed an amended Schedule 13G disclosing a 4.68% passive beneficial ownership stake in Science Applications International Corp (SAIC) as of December 31, 2024.

Summary

• Boston Partners, a Delaware-based investment adviser, reported beneficial ownership of 2,286,930 shares of Science Applications International Corp (SAIC) common stock.
• This ownership represents 4.68% of SAIC's outstanding common stock.
• Boston Partners holds sole voting power over 1,776,439 shares and sole dispositive power over all 2,286,930 shares.
• The filing is an Amendment No. 6 to a Schedule 13G, indicating an update to a previously reported passive investment position.
• The securities were acquired and are held in the ordinary course of business, without the purpose or effect of changing or influencing the control of SAIC.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine regulatory filing (Schedule 13G/A) disclosing a passive ownership stake. It does not contain information that would inherently be considered positive or negative for the company's operations or financial performance, but rather reflects an institutional investor's position.

Positives

• The disclosure indicates continued institutional investor interest in Science Applications International Corp (SAIC) by a reputable investment adviser, Boston Partners.
• The passive nature of the investment (Schedule 13G filing) suggests that Boston Partners is holding the shares for investment purposes without seeking to influence management or control, which can be viewed as a stable form of institutional ownership.

Risks

• No specific company-related risks are detailed in this beneficial ownership filing, as it primarily concerns the reporting person's stake.

Future Outlook

This document does not contain any forward-looking statements or guidance regarding Science Applications International Corp's future performance or outlook, as it is a beneficial ownership disclosure.

Industry Context

This filing reflects a routine disclosure by an institutional investment adviser, Boston Partners, regarding its passive stake in Science Applications International Corp (SAIC), a major government contractor and IT services provider. Such filings are common and indicate ongoing institutional interest in publicly traded companies within the defense and government services sector.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional holder's passive stake in the company, which can influence investor perception and liquidity.

Key Dates

Keywords

Science Applications International Corp, SAIC, Boston Partners, Schedule 13G, Beneficial Ownership, Common Stock, Investment Adviser, Institutional Investor, Passive Investment