CX Institutional Purchases 268,058 Shares of DXC Technology Company. $DXC

CX Institutional boosted its stake in DXC Technology Company. (NYSE:DXC) by 185.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 412,484 shares of the company’s stock after purchasing an additional 268,058 shares during the quarter. CX Institutional’s holdings in DXC Technology were worth $6,307,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of DXC. BNP Paribas Financial Markets lifted its stake in DXC Technology by 83.2% in the 4th quarter. BNP Paribas Financial Markets now owns 23,464 shares of the company’s stock worth $469,000 after purchasing an additional 10,657 shares in the last quarter. Millennium Management LLC lifted its stake in DXC Technology by 195.4% in the 4th quarter. Millennium Management LLC now owns 88,556 shares of the company’s stock worth $1,769,000 after purchasing an additional 58,576 shares in the last quarter. Quantinno Capital Management LP purchased a new stake in DXC Technology in the 4th quarter worth $268,000. Two Sigma Investments LP lifted its stake in DXC Technology by 24.5% in the 4th quarter. Two Sigma Investments LP now owns 31,499 shares of the company’s stock worth $629,000 after purchasing an additional 6,200 shares in the last quarter. Finally, Vident Advisory LLC lifted its stake in DXC Technology by 2.5% in the 4th quarter. Vident Advisory LLC now owns 25,279 shares of the company’s stock worth $505,000 after purchasing an additional 624 shares in the last quarter. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Analyst Ratings Changes

Several analysts have commented on the stock. Wall Street Zen upgraded shares of DXC Technology from a “hold” rating to a “buy” rating in a research note on Sunday, July 20th. Morgan Stanley decreased their target price on shares of DXC Technology from $16.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Friday, August 1st. Royal Bank Of Canada decreased their target price on shares of DXC Technology from $18.00 to $16.00 and set a “sector perform” rating on the stock in a research report on Friday, August 1st. Finally, JPMorgan Chase & Co. decreased their target price on shares of DXC Technology from $18.00 to $14.00 and set an “underweight” rating on the stock in a research report on Wednesday, August 20th. Five investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, DXC Technology has an average rating of “Reduce” and an average price target of $15.60.

Insider Buying and Selling

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 transaction of $36,300.00. Following the transaction, the senior vice president directly owned 91,105 shares in the company, valued at approximately $1,322,844.60. This represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.61% of the company’s stock.

DXC Technology Stock Performance

Shares of NYSE:DXC opened at $13.78 on Friday. The company has a market capitalization of $2.47 billion, a price-to-earnings ratio of 6.69 and a beta of 1.16. DXC Technology Company. has a 12 month low of $12.24 and a 12 month high of $24.83. The firm’s 50-day moving average is $14.04 and its 200 day moving average is $15.18. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.90.

DXC Technology (NYSE:DXC) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.64 by $0.04. The company had revenue of $3.16 billion for 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 firm’s revenue was down 2.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.74 EPS. DXC Technology has set its Q2 2026 guidance at 0.650-0.750 EPS. FY 2026 guidance at 2.850-3.350 EPS. Research analysts predict that DXC Technology Company. will post 3.35 EPS for the current 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).