RHS Financial LLC boosted its stake in DXC Technology Company. (NYSE:DXC – Free Report) by 38.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,356 shares of the company’s stock after acquiring an additional 4,831 shares during the period. RHS Financial LLC’s holdings in DXC Technology were worth $265,000 at the end of the most recent reporting period.
Other institutional investors have also recently added to or reduced their stakes in the company. Byrne Asset Management LLC bought a new stake in DXC Technology during the first quarter valued at $33,000. Signaturefd LLC increased its stake in DXC Technology by 187.3% during the second quarter. Signaturefd LLC now owns 3,054 shares of the company’s stock valued at $47,000 after purchasing an additional 1,991 shares during the last quarter. Wealthquest Corp bought a new stake in DXC Technology during the first quarter valued at $49,000. GAMMA Investing LLC increased its stake in DXC Technology by 37.4% during the first quarter. GAMMA Investing LLC now owns 4,507 shares of the company’s stock valued at $77,000 after purchasing an additional 1,226 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in DXC Technology by 273.9% during the second quarter. Parallel Advisors LLC now owns 6,218 shares of the company’s stock valued at $95,000 after purchasing an additional 4,555 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.
Wall Street Analyst Weigh In
DXC has been the subject of several recent research reports. Wall Street Zen upgraded shares of DXC Technology from a “hold” rating to a “buy” rating in a research note on Sunday, July 20th. Royal Bank Of Canada lowered their price target on shares of DXC Technology from $18.00 to $16.00 and set a “sector perform” rating for the company in a research report on Friday, August 1st. JPMorgan Chase & Co. lowered their price target on shares of DXC Technology from $18.00 to $14.00 and set an “underweight” rating for the company in a research report on Wednesday, August 20th. Morgan Stanley lowered their price target on shares of DXC Technology from $16.00 to $15.00 and set an “equal weight” rating for the company in a research report on Friday, August 1st. Finally, Weiss Ratings restated a “sell (d)” rating on shares of DXC Technology in a research report on Wednesday, October 8th. Five analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $15.60.
Insiders Place Their Bets
In related news, SVP Christopher Anthony Voci sold 2,500 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $14.52, for a total value of $36,300.00. Following the completion of the sale, the senior vice president owned 91,105 shares of the company’s stock, valued at $1,322,844.60. This represents a 2.67% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.61% of the stock is owned by insiders.
DXC Technology Stock Performance
DXC stock opened at $12.93 on Monday. The company has a market capitalization of $2.31 billion, a P/E ratio of 6.28 and a beta of 1.12. The company has a 50-day simple moving average of $13.87 and a 200 day simple moving average of $14.75. DXC Technology Company. has a fifty-two week low of $12.24 and a fifty-two week high of $24.83. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.90.
DXC Technology (NYSE:DXC – Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.04. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.06 billion. DXC Technology had a net margin of 2.96% and a return on equity of 18.59%. The company’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.74 earnings per share. DXC Technology has set its Q2 2026 guidance at 0.650-0.750 EPS. FY 2026 guidance at 2.850-3.350 EPS. Sell-side analysts predict that DXC Technology Company. will post 3.35 earnings per share for the current fiscal year.
About DXC Technology
DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, rest of Europe, Australia, and internationally. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS).
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