Cognizant Technology Solutions Corporation $CTSH Stock Sold by Retirement Systems of Alabama

Posted by Stanley Muller on Nov 10th, 2026

Retirement Systems of Alabama trimmed its stake in Cognizant Technology Solutions Corporation (NASDAQ:CTSH – Free Report) by 30.0% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,025,623 shares of the information technology service provider’s stock after selling 440,451 shares during the period. Retirement Systems of Alabama’s holdings in Cognizant Technology Solutions were worth $58,912,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CTSH. Fulcrum Asset Management LLP grew its position in shares of Cognizant Technology Solutions by 34,094.6% in the 3rd quarter. Fulcrum Asset Management LLP now owns 127,204 shares of the information technology service provider’s stock valued at $7,230,000 after buying an additional 126,832 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its stake in shares of Cognizant Technology Solutions by 6.7% in the third quarter. Allspring Global Investments Holdings LLC now owns 26,367 shares of the information technology service provider’s stock worth $1,605,000 after acquiring an additional 1,658 shares during the period. M Holdings Securities Inc. acquired a new position in shares of Cognizant Technology Solutions in the third quarter worth approximately $179,000. Candriam S.C.A. boosted its holdings in Cognizant Technology Solutions by 4.0% in the third quarter. Candriam S.C.A. now owns 39,778 shares of the information technology service provider’s stock valued at $2,293,000 after acquiring an additional 1,544 shares during the last quarter. Finally, Ethic Inc. boosted its holdings in Cognizant Technology Solutions by 1.4% in the third quarter. Ethic Inc. now owns 43,419 shares of the information technology service provider’s stock valued at $2,494,000 after acquiring an additional 605 shares during the last quarter. 92.44% of the stock is owned by institutional investors.

Cognizant Technology Solutions Trading Down 1.7%

NASDAQ CTSH opened at $63.60 on Tuesday. The business has a 50 day simple moving average of $62.45 and a 200 day simple moving average of $58.70. Cognizant Technology Solutions Corporation has a one year low of $37.08 and a one year high of $87.03. The stock has a market capitalization of $28.65 billion, a P/E ratio of 11.61, a P/E/G ratio of 1.30 and a beta of 0.83. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.22 and a quick ratio of 2.22.

Cognizant Technology Solutions (NASDAQ:CTSH – Get Free Report) last issued its earnings results on Thursday, October 29th. The information technology service provider reported $1.49 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.03. Cognizant Technology Solutions had a return on equity of 17.72% and a net margin of 11.75%. The business had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.64 billion. During the same period in the previous year, the company posted $1.39 earnings per share. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. Research analysts expect that Cognizant Technology Solutions Corporation will post 5.78 earnings per share for the current year.

Cognizant Technology Solutions Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, November 25th. Stockholders of record on Friday, November 13th will be paid a $0.33 dividend. The ex-dividend date is Friday, November 13th. This represents a $1.32 annualized dividend and a dividend yield of 2.1%. Cognizant Technology Solutions’s payout ratio is currently 24.09%.

Analyst Ratings Changes

CTSH has been the subject of a number of recent analyst reports. Royal Bank Of Canada increased their target price on shares of Cognizant Technology Solutions from $47.00 to $55.00 and gave the company a “sector perform” rating in a research report on Friday, October 30th. Wells Fargo & Company upped their price objective on shares of Cognizant Technology Solutions from $67.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, October 26th. Needham & Company LLC set a $78.00 price objective on shares of Cognizant Technology Solutions in a research note on Monday, October 26th. Susquehanna set a $82.00 price objective on shares of Cognizant Technology Solutions and gave the stock a “positive” rating in a research report on Thursday, July 30th. Finally, Citigroup reissued a “neutral” rating on shares of Cognizant Technology Solutions in a research note on Monday, October 19th. Ten research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $68.17.

View Our Latest Analysis on Cognizant Technology Solutions

About Cognizant Technology Solutions

(Free Report)

Cognizant Technology Solutions is a professional services company that helps businesses use technology to modernize operations and develop digital capabilities. Its services include IT consulting, application development and maintenance, cloud and infrastructure services, data and artificial intelligence, engineering, and business process services.

The company serves clients across industries including financial services, healthcare, manufacturing, communications, media, and retail. Its operations span North America, Europe, and Asia-Pacific, with a significant global delivery network.

Cognizant was established in 1994 as a technology unit of Dun & Bradstreet and became an independent company in 1996.