New York State Teachers Retirement System Increases Stock Position in DXC Technology Company. $DXC

New York State Teachers Retirement System raised its position in shares of DXC Technology Company. (NYSE:DXC) by 0.9% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 222,959 shares of the company’s stock after purchasing an additional 2,069 shares during the period. New York State Teachers Retirement System’s holdings in DXC Technology were worth $3,409,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in DXC. Signaturefd LLC lifted its position in DXC Technology by 187.3% during the second quarter. Signaturefd LLC now owns 3,054 shares of the company’s stock valued at $47,000 after buying an additional 1,991 shares during the period. Wealthquest Corp purchased a new position in DXC Technology during the first quarter valued at $49,000. GAMMA Investing LLC lifted its position in DXC Technology by 37.4% during the first quarter. GAMMA Investing LLC now owns 4,507 shares of the company’s stock valued at $77,000 after buying an additional 1,226 shares during the period. Parallel Advisors LLC raised its position in shares of DXC Technology by 273.9% in the 2nd quarter. Parallel Advisors LLC now owns 6,218 shares of the company’s stock worth $95,000 after purchasing an additional 4,555 shares during the last quarter. Finally, Hennessy Advisors Inc. purchased a new position in shares of DXC Technology in the 2nd quarter worth about $97,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Insider Activity at DXC Technology

In other news, SVP Christopher Anthony Voci sold 2,500 shares of the company’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $14.52, for a total transaction 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 $1,322,844.60. This represents a 2.67% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.61% of the stock is owned by insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on DXC shares. Royal Bank Of Canada lowered their price target on DXC Technology from $18.00 to $16.00 and set a “sector perform” rating for the company in a research report on Friday, August 1st. Weiss Ratings reaffirmed a “sell (d)” rating on shares of DXC Technology in a research report on Wednesday, October 8th. Wall Street Zen raised DXC Technology from a “hold” rating to a “buy” rating in a research report on Sunday, July 20th. JPMorgan Chase & Co. lowered their price target on DXC Technology from $18.00 to $14.00 and set an “underweight” rating for the company in a research report on Wednesday, August 20th. Finally, Morgan Stanley lowered their price target on DXC Technology from $16.00 to $15.00 and set an “equal weight” rating for the company in a research report on Friday, August 1st. Five equities research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $15.60.

DXC Technology Price Performance

Shares of NYSE:DXC opened at $12.99 on Tuesday. DXC Technology Company. has a fifty-two week low of $12.24 and a fifty-two week high of $24.83. The business has a 50-day simple moving average of $13.85 and a two-hundred day simple moving average of $14.59. 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 firm has a market cap of $2.33 billion, a price-to-earnings ratio of 6.31 and a beta of 1.12.

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

DXC Technology Company Profile

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).