Fifth Third Bancorp Purchases 145,475 Shares of Cognizant Technology Solutions Corporation $CTSH

Posted by Stanley Muller on Jul 15th, 2026

Fifth Third Bancorp increased its holdings in Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report) by 421.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 179,982 shares of the information technology service provider’s stock after purchasing an additional 145,475 shares during the period. Fifth Third Bancorp’s holdings in Cognizant Technology Solutions were worth $11,042,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Evolve Private Wealth LLC bought a new stake in shares of Cognizant Technology Solutions during the fourth quarter worth $2,642,000. OFI Invest Asset Management purchased a new stake in shares of Cognizant Technology Solutions in the 4th quarter worth approximately $8,421,000. Arrowstreet Capital Limited Partnership boosted its position in Cognizant Technology Solutions by 34.3% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,874,274 shares of the information technology service provider’s stock valued at $238,565,000 after acquiring an additional 734,337 shares in the last quarter. Pzena Investment Management LLC boosted its position in Cognizant Technology Solutions by 14.9% during the first quarter. Pzena Investment Management LLC now owns 20,262,362 shares of the information technology service provider’s stock valued at $1,243,096,000 after purchasing an additional 2,633,683 shares in the last quarter. Finally, Corient Private Wealth LLC boosted its holdings in shares of Cognizant Technology Solutions by 44.4% in the 4th quarter. Corient Private Wealth LLC now owns 108,131 shares of the information technology service provider’s stock valued at $8,977,000 after buying an additional 33,248 shares in the last quarter. 92.44% of the stock is currently owned by hedge funds and other institutional investors.

Cognizant Technology Solutions Stock Down 2.6%

CTSH stock opened at $43.03 on Wednesday. Cognizant Technology Solutions Corporation has a 12 month low of $37.08 and a 12 month high of $87.03. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.04. The company has a market cap of $20.39 billion, a price-to-earnings ratio of 9.35, a PEG ratio of 0.93 and a beta of 0.87. The firm has a 50-day moving average of $47.91 and a two-hundred day moving average of $61.74.

Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The information technology service provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. Cognizant Technology Solutions had a return on equity of 17.50% and a net margin of 10.41%.The firm had revenue of $5.41 billion for the quarter, compared to the consensus estimate of $5.41 billion. During the same quarter last year, the business posted $1.23 earnings per share. The firm’s revenue was up 5.8% compared to the same quarter last year. Cognizant Technology Solutions has set its FY 2026 guidance at 5.630-5.770 EPS. As a group, analysts forecast that Cognizant Technology Solutions Corporation will post 5.7 earnings per share for the current fiscal year.

Cognizant Technology Solutions announced that its board has initiated a share repurchase plan on Monday, May 18th that authorizes the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization authorizes the information technology service provider to repurchase up to 9% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

Cognizant Technology Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Monday, May 18th were issued a dividend of $0.33 per share. The ex-dividend date was Monday, May 18th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.1%. Cognizant Technology Solutions’s dividend payout ratio (DPR) is currently 28.70%.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft set a $55.00 target price on Cognizant Technology Solutions in a research note on Friday. BMO Capital Markets cut their price objective on shares of Cognizant Technology Solutions from $83.00 to $63.00 in a research note on Thursday, April 30th. HSBC dropped their target price on Cognizant Technology Solutions from $80.00 to $68.00 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Truist Financial initiated coverage on shares of Cognizant Technology Solutions in a research report on Monday, June 1st. They set a “hold” rating and a $66.00 price target on the stock. Finally, Nomura cut their price objective on Cognizant Technology Solutions from $93.00 to $74.00 and set a “buy” rating for the company in a research report on Wednesday, July 1st. Eleven equities research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the company. Based on data from MarketBeat, Cognizant Technology Solutions currently has a consensus rating of “Hold” and a consensus price target of $64.26.

Read Our Latest Stock Analysis on Cognizant Technology Solutions

Cognizant Technology Solutions Profile

(Free Report)

Cognizant Technology Solutions (NASDAQ: CTSH) is a global professional services company that provides information technology, consulting and business process services to large enterprises. Its core offerings include digital engineering, application development and maintenance, cloud migration and managed services, data analytics and artificial intelligence, cybersecurity, and industry-specific solutions. Cognizant works with clients to design and implement technology-enabled transformations that address customer experience, operational efficiency and new product and service delivery.

Founded in the 1990s and headquartered in Teaneck, New Jersey, Cognizant has grown into a multinational organization with delivery centers and operations across the Americas, Europe, and Asia.