Manning & Napier Advisors LLC Makes New Investment in Cognizant Technology Solutions Corporation $CTSH

Posted by Francis Steltz on Aug 26th, 2026

Manning & Napier Advisors LLC bought a new position in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 69,869 shares of the information technology service provider’s stock, valued at approximately $2,707,000.

A number of other hedge funds have also modified their holdings of CTSH. Norges Bank bought a new position in Cognizant Technology Solutions during the fourth quarter worth about $690,959,000. GQG Partners LLC bought a new stake in shares of Cognizant Technology Solutions in the fourth quarter worth about $673,651,000. Assenagon Asset Management S.A. raised its position in shares of Cognizant Technology Solutions by 925.5% during the second quarter. Assenagon Asset Management S.A. now owns 3,652,358 shares of the information technology service provider’s stock worth $141,456,000 after purchasing an additional 3,296,205 shares during the period. Cibc World Markets Corp acquired a new stake in shares of Cognizant Technology Solutions during the fourth quarter worth about $234,671,000. Finally, Pzena Investment Management LLC lifted its holdings in shares of Cognizant Technology Solutions by 14.9% during the 1st 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. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. BMO Capital Markets dropped their target price on shares of Cognizant Technology Solutions from $83.00 to $63.00 in a report on Thursday, April 30th. Robert W. Baird set a $68.00 price target on shares of Cognizant Technology Solutions in a report on Thursday, July 30th. Jefferies Financial Group dropped their price objective on shares of Cognizant Technology Solutions from $80.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Susquehanna set a $82.00 price objective on shares of Cognizant Technology Solutions and gave the company a “positive” rating in a research report on Thursday, July 30th. Finally, Truist Financial started coverage on shares of Cognizant Technology Solutions in a research note on Monday, June 1st. They issued a “hold” rating and a $66.00 target price for the company. Ten investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $63.00.

Check Out Our Latest Stock Analysis on CTSH

Cognizant Technology Solutions Price Performance

Shares of CTSH opened at $63.06 on Wednesday. The company has a quick ratio of 2.18, a current ratio of 2.18 and a debt-to-equity ratio of 0.11. Cognizant Technology Solutions Corporation has a twelve month low of $37.08 and a twelve month high of $87.03. The stock has a market capitalization of $28.40 billion, a P/E ratio of 13.56, a P/E/G ratio of 1.25 and a beta of 0.82. The company has a 50 day moving average of $49.12 and a 200-day moving average of $55.45.

Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The information technology service provider reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.01). Cognizant Technology Solutions had a return on equity of 17.70% and a net margin of 10.26%.The business had revenue of $5.48 billion during the quarter, compared to the consensus estimate of $5.48 billion. During the same period in the prior year, the firm earned $1.31 EPS. The business’s revenue for the quarter was up 4.5% compared to the same quarter last year. Cognizant Technology Solutions has set its FY 2026 guidance at 5.700-5.820 EPS. As a group, equities research analysts forecast that Cognizant Technology Solutions Corporation will post 5.71 EPS for the current fiscal year.

Cognizant Technology Solutions announced that its board has initiated a stock repurchase program on Monday, May 18th that authorizes the company to buyback $2.00 billion in outstanding shares. This buyback authorization authorizes the information technology service provider to buy up to 9% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

Cognizant Technology Solutions Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, August 25th. Stockholders of record on Tuesday, August 18th were paid a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Tuesday, August 18th. Cognizant Technology Solutions’s dividend payout ratio is currently 28.39%.

Cognizant Technology Solutions Company 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.