Cognizant Technology Solutions Corporation $CTSH Shares Purchased by CIBC Asset Management Inc

Posted by Brenda Bartman on Jun 5th, 2026

CIBC Asset Management Inc boosted its stake in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report) by 31.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 203,727 shares of the information technology service provider’s stock after acquiring an additional 48,843 shares during the quarter. CIBC Asset Management Inc’s holdings in Cognizant Technology Solutions were worth $16,909,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Brighton Jones LLC acquired a new stake in shares of Cognizant Technology Solutions during the 4th quarter worth approximately $214,000. Geneos Wealth Management Inc. lifted its stake in shares of Cognizant Technology Solutions by 118.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 569 shares of the information technology service provider’s stock valued at $44,000 after purchasing an additional 309 shares during the period. Acadian Asset Management LLC purchased a new stake in Cognizant Technology Solutions during the first quarter worth $142,000. Cresset Asset Management LLC boosted its holdings in Cognizant Technology Solutions by 11.4% during the second quarter. Cresset Asset Management LLC now owns 9,160 shares of the information technology service provider’s stock worth $715,000 after buying an additional 935 shares in the last quarter. Finally, Jump Financial LLC grew its position in Cognizant Technology Solutions by 231.4% during the second quarter. Jump Financial LLC now owns 29,667 shares of the information technology service provider’s stock valued at $2,315,000 after buying an additional 20,716 shares during the period. 92.44% of the stock is owned by institutional investors and hedge funds.

Cognizant Technology Solutions Stock Performance

Shares of CTSH opened at $53.40 on Friday. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average price of $55.78 and a 200 day moving average price of $68.59. The company has a market capitalization of $25.30 billion, a price-to-earnings ratio of 11.61, a price-to-earnings-growth ratio of 1.13 and a beta of 0.81. Cognizant Technology Solutions Corporation has a 52-week low of $45.48 and a 52-week high of $87.03.

Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The information technology service provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.33 by $0.07. Cognizant Technology Solutions had a net margin of 10.41% and a return on equity of 17.50%. The firm had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.41 billion. During the same period last year, the business earned $1.23 EPS. Cognizant Technology Solutions’s revenue for the quarter 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. Research analysts predict that Cognizant Technology Solutions Corporation will post 5.7 EPS for the current fiscal year.

Cognizant Technology Solutions announced that its Board of Directors has authorized a stock buyback program on Monday, May 18th that authorizes the company to buyback $2.00 billion in shares. This buyback authorization authorizes the information technology service provider to repurchase up to 9% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Cognizant Technology Solutions Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Monday, May 18th were issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Monday, May 18th. Cognizant Technology Solutions’s payout ratio is presently 28.70%.

Analyst Upgrades and Downgrades

CTSH has been the topic of several research reports. Mizuho decreased their target price on 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. Susquehanna dropped their price objective on shares of Cognizant Technology Solutions from $98.00 to $88.00 and set a “positive” rating for the company in a report on Friday, May 1st. Berenberg Bank reduced their target price on 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. Truist Financial assumed coverage on shares of Cognizant Technology Solutions in a research note on Monday. They issued a “hold” rating and a $66.00 price target on the stock. Finally, Robert W. Baird set a $72.00 target price on Cognizant Technology Solutions and gave the stock a “neutral” rating in a research note on Friday, April 10th. Ten equities research analysts have rated the stock with a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $72.68.

Check Out Our Latest Report on Cognizant Technology Solutions

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.