10 Best Prison and Law Enforcement Stocks To Invest In

4. CACI International Inc (NYSE:CACI)

Number of Hedge Fund Holders: 38

CACI International Inc (NYSE:CACI) is an American multinational corporation that provides expertise, software, and differentiated technology to customers in support of national security. The company serves the US Department of Defense, homeland security, intelligence, and other branches of the federal government.

CACI International Inc (NYSE:CACI) reported impressive financial results for its first quarter of fiscal 2025, ending September 30, 2024, with revenues of $2.1 billion, reflecting an 11% year-over-year increase. The company reported a net income of $120.2 million, translating to a 42% rise in diluted earnings per share (EPS) to $5.33.

The company’s robust growth is supported by a significant backlog of contracts, with contract awards of $3.3 billion and a book-to-bill ratio of 1.6x. In its Q1 2025, CACI International Inc (NYSE:CACI) was awarded substantial contracts with the US Navy aimed at enhancing capabilities in areas like artificial intelligence and cyber resilience. Such contracts highlight CACI’s strategic focus on addressing critical national security needs and investing in long-term projects.

According to Insider Monkey’s database, 38 hedge funds held stakes in CACI International Inc. (NYSE:CACI) in the third quarter of 2024. Additionally, the median 1-year stock price target for CACI set by analysts indicates a potential upside of 34% from its current price.