Top 5 Stock Picks of Murray Stahl’s Horizon Asset Management

03. CACI International Inc (NYSE:CACI)

Horizon Asset Management’s Stake Value: $131.493 million

Number of Hedge Fund Holders as of Q1 2022:  25

CACI International Inc (NYSE:CACI) was founded in 1962 and is headquartered in Reston, Virginia. The company, together with its subsidiaries, provides expertise and technology to enterprise and mission customers in support of national security missions and government modernization/transformation in the intelligence, defense, and federal civilian sectors.

According to the latest quarter’s earnings results announced on August 10, the stock has beaten the EPS estimate by $0.05 with an EPS GAAP Actual of $3.93  but has missed the revenue target by $13.71 million with an actual revenue figure of $1.64 billion. The stock does not currently pay a dividend and has gained 12.51% in the past six months and 2.92% year to date.

On August 11, Unity Software Inc. (NYSE:U) said that CACI International Inc (NYSE:CACI) had given it a three-year, multi-million dollar contract to further the development of smart human-machine interfaces by CACI International Inc (NYSE:CACI). According to Unity, this victory represents the single largest Digital Twin Solutions contract it has ever received. It is also a significant arrangement that solidifies Unity as the go-to real-time 3D platform for future systems design and simulation initiatives across the US Government.