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

CX Institutional lifted its position in shares of DXC Technology Company. (NYSE:DXC) by 185.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 412,484 shares of the company’s stock after buying an additional 268,058 shares during the quarter. CX Institutional owned approximately 0.23% of DXC Technology worth $6,307,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in DXC. Byrne Asset Management LLC bought a new position in shares of DXC Technology during the 1st quarter worth $33,000. Wealthquest Corp bought a new position in shares of DXC Technology during the 1st quarter worth $49,000. GAMMA Investing LLC grew its position in shares of DXC Technology by 37.4% during the 1st quarter. GAMMA Investing LLC now owns 4,507 shares of the company’s stock worth $77,000 after buying an additional 1,226 shares in the last quarter. Parallel Advisors LLC grew its position in shares of DXC Technology by 273.9% during the 2nd quarter. Parallel Advisors LLC now owns 6,218 shares of the company’s stock worth $95,000 after buying an additional 4,555 shares in the last quarter. Finally, CHICAGO TRUST Co NA bought a new position in shares of DXC Technology during the 1st quarter worth $183,000. Institutional investors own 96.20% of the company’s stock.

Insiders Place Their Bets

In other DXC Technology news, SVP Christopher Anthony Voci sold 2,500 shares of the firm’s stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $14.52, for a total value of $36,300.00. Following the completion of the sale, the senior vice president owned 91,105 shares of the company’s stock, valued at approximately $1,322,844.60. This trade represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.61% of the company’s stock.

Analyst Upgrades and Downgrades

DXC has been the topic of a number of recent research reports. Royal Bank Of Canada dropped their price target on 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. Morgan Stanley reduced their target price on shares of DXC Technology from $16.00 to $15.00 and set an “equal weight” rating for the company in a report on Friday, August 1st. Wall Street Zen upgraded shares of DXC Technology from a “hold” rating to a “buy” rating in a report on Sunday, July 20th. Finally, JPMorgan Chase & Co. reduced their target price on shares of DXC Technology from $18.00 to $14.00 and set an “underweight” rating for the company in a report on Wednesday, August 20th. Five equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $15.60.

DXC Technology Price Performance

Shares of NYSE DXC opened at $13.27 on Friday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.22 and a current ratio of 1.22. The company has a market cap of $2.37 billion, a PE ratio of 6.44 and a beta of 1.16. The business has a 50-day simple moving average of $14.00 and a two-hundred day simple moving average of $15.06. DXC Technology Company. has a fifty-two week low of $12.24 and a fifty-two week high of $24.83.

DXC Technology (NYSE:DXC) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.68 earnings per share for the quarter, topping the consensus estimate of $0.64 by $0.04. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.06 billion. DXC Technology had a return on equity of 18.59% and a net margin of 2.96%.The company’s quarterly revenue was down 2.4% on a year-over-year basis. During the same quarter last year, the company earned $0.74 earnings per share. DXC Technology has set its Q2 2026 guidance at 0.650-0.750 EPS. FY 2026 guidance at 2.850-3.350 EPS. As a group, equities analysts expect that DXC Technology Company. will post 3.35 EPS for the current fiscal 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).