Cognizant Technology Solutions Corporation $CTSH Shares Sold by Bank of New York Mellon Corp

Posted by Brenda Bartman on Jul 17th, 2026

Bank of New York Mellon Corp lessened its stake in Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report) by 9.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,633,544 shares of the information technology service provider’s stock after selling 775,871 shares during the quarter. Bank of New York Mellon Corp’s holdings in Cognizant Technology Solutions were worth $468,318,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC purchased a new stake in Cognizant Technology Solutions during the fourth quarter worth about $214,000. Geneos Wealth Management Inc. increased its holdings in Cognizant Technology Solutions by 118.8% in the first quarter. Geneos Wealth Management Inc. now owns 569 shares of the information technology service provider’s stock valued at $44,000 after buying an additional 309 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Cognizant Technology Solutions during the 1st quarter valued at approximately $142,000. Cresset Asset Management LLC boosted its stake in shares of Cognizant Technology Solutions by 11.4% during the 2nd quarter. Cresset Asset Management LLC now owns 9,160 shares of the information technology service provider’s stock worth $715,000 after acquiring an additional 935 shares in the last quarter. Finally, Jump Financial LLC boosted its stake in shares of Cognizant Technology Solutions by 231.4% during the 2nd quarter. Jump Financial LLC now owns 29,667 shares of the information technology service provider’s stock worth $2,315,000 after acquiring an additional 20,716 shares in the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

Cognizant Technology Solutions Stock Performance

Cognizant Technology Solutions stock opened at $44.56 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.23 and a current ratio of 2.23. The stock has a fifty day moving average of $47.60 and a two-hundred day moving average of $61.16. The company has a market capitalization of $21.12 billion, a price-to-earnings ratio of 9.69, a PEG ratio of 0.94 and a beta of 0.87. Cognizant Technology Solutions Corporation has a fifty-two week low of $37.08 and a fifty-two week high of $87.03.

Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The information technology service provider reported $1.40 EPS for the quarter, beating 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 return on equity of 17.50% and a net margin of 10.41%.The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.23 earnings per share. Cognizant Technology Solutions has set its FY 2026 guidance at 5.630-5.770 EPS. On average, analysts anticipate that Cognizant Technology Solutions Corporation will post 5.7 EPS for the current fiscal year.

Cognizant Technology Solutions Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Monday, May 18th were given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date of this dividend was Monday, May 18th. Cognizant Technology Solutions’s payout ratio is currently 28.70%.

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

Analysts Set New Price Targets

CTSH has been the subject of several research analyst reports. Robert W. Baird dropped their price objective on Cognizant Technology Solutions from $72.00 to $55.00 and set a “neutral” rating for the company in a research note on Friday, July 10th. Guggenheim decreased their target price on Cognizant Technology Solutions from $85.00 to $80.00 and set a “buy” rating on the stock in a research report on Thursday, April 30th. Jefferies Financial Group lowered their target price on Cognizant Technology Solutions from $80.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, May 4th. JPMorgan Chase & Co. dropped their price target on Cognizant Technology Solutions from $92.00 to $74.00 and set an “overweight” rating for the company in a research report on Tuesday, April 28th. Finally, Deutsche Bank Aktiengesellschaft set a $55.00 price target on Cognizant Technology Solutions in a research note on Friday, July 10th. Ten analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat, Cognizant Technology Solutions has a consensus rating of “Hold” and an average target price of $64.26.

Check Out Our Latest Stock Analysis 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.