DNB Asset Management AS Acquires 63,442 Shares of Cognizant Technology Solutions Corporation $CTSH

Posted by Francis Steltz on May 18th, 2026

DNB Asset Management AS lifted its holdings in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report) by 63.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 164,004 shares of the information technology service provider’s stock after buying an additional 63,442 shares during the quarter. DNB Asset Management AS’s holdings in Cognizant Technology Solutions were worth $13,612,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. AustralianSuper Pty Ltd purchased a new stake in Cognizant Technology Solutions in the 3rd quarter worth about $4,422,000. Alps Advisors Inc. raised its position in Cognizant Technology Solutions by 16.5% in the 3rd quarter. Alps Advisors Inc. now owns 306,078 shares of the information technology service provider’s stock worth $20,529,000 after purchasing an additional 43,252 shares during the period. Arjuna Capital raised its position in Cognizant Technology Solutions by 62.6% in the 3rd quarter. Arjuna Capital now owns 24,622 shares of the information technology service provider’s stock worth $1,651,000 after purchasing an additional 9,482 shares during the period. National Pension Service raised its position in Cognizant Technology Solutions by 5.5% in the 3rd quarter. National Pension Service now owns 863,720 shares of the information technology service provider’s stock worth $57,930,000 after purchasing an additional 45,016 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in Cognizant Technology Solutions by 11.0% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 193,464 shares of the information technology service provider’s stock worth $12,976,000 after purchasing an additional 19,177 shares during the period. Institutional investors own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on CTSH shares. Mizuho reduced their price objective on shares of Cognizant Technology Solutions from $87.00 to $68.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. JPMorgan Chase & Co. reduced their price objective on shares of Cognizant Technology Solutions from $92.00 to $74.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 28th. Berenberg Bank reduced their target price on shares of Cognizant Technology Solutions from $107.00 to $81.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Deutsche Bank Aktiengesellschaft raised shares of Cognizant Technology Solutions from a “hold” rating to a “buy” rating and set a $100.00 target price on the stock in a research report on Monday, January 26th. Finally, TD Cowen reaffirmed a “hold” rating and set a $62.00 target price (down from $71.00) on shares of Cognizant Technology Solutions in a research report on Thursday, April 30th. Ten investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Cognizant Technology Solutions has an average rating of “Hold” and an average target price of $73.00.

Check Out Our Latest Stock Report on CTSH

Cognizant Technology Solutions Stock Performance

Shares of NASDAQ:CTSH opened at $47.13 on Monday. The firm has a market cap of $22.33 billion, a PE ratio of 10.25, a price-to-earnings-growth ratio of 0.99 and a beta of 0.81. The firm’s 50 day simple moving average is $58.32 and its 200-day simple moving average is $70.50. Cognizant Technology Solutions Corporation has a one year low of $45.48 and a one year high of $87.03. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.23 and a current ratio of 2.23.

Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last issued its earnings results 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. The business had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.41 billion. Cognizant Technology Solutions had a net margin of 10.41% and a return on equity of 17.50%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the company posted $1.23 earnings per share. Cognizant Technology Solutions has set its FY 2026 guidance at 5.630-5.770 EPS. As a group, equities analysts predict that Cognizant Technology Solutions Corporation will post 5.7 EPS for the current year.

Cognizant Technology Solutions Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 27th. Investors of record on Monday, May 18th will be issued a dividend of $0.33 per share. This represents a $1.32 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Monday, May 18th. Cognizant Technology Solutions’s dividend payout ratio (DPR) is presently 28.70%.

About Cognizant Technology Solutions

(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.