Jump Financial LLC Invests $1.90 Million in DXC Technology Company. $DXC

Key Points

• Jump Financial LLC acquired a new position in DXC Technology by purchasing 111,317 shares valued at approximately $1,898,000 during the first quarter.
• DXC Technology reported $0.68 earnings per share for the last quarter, exceeding analysts' expectations of $0.64, despite a year-over-year revenue decline of 2.4%.
• Analysts have issued mixed ratings for DXC Technology, with a consensus rating of "Reduce" and an average price target of $15.60.

Jump Financial LLC acquired a new stake in DXC Technology Company. (NYSE:DXC - Free Report) in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 111,317 shares of the company's stock, valued at approximately $1,898,000. Jump Financial LLC owned approximately 0.06% of DXC Technology as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Vident Advisory LLC boosted its position in shares of DXC Technology by 2.5% during the 4th quarter. Vident Advisory LLC now owns 25,279 shares of the company's stock valued at $505,000 after acquiring an additional 624 shares in the last quarter. Covestor Ltd raised its holdings in shares of DXC Technology by 2.9% in the 1st quarter. Covestor Ltd now owns 35,789 shares of the company's stock worth $610,000 after buying an additional 1,025 shares in the last quarter. GAMMA Investing LLC boosted its stake in DXC Technology by 37.4% in the 1st 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 in the last quarter. New York State Teachers Retirement System boosted its stake in DXC Technology by 0.6% in the 1st quarter. New York State Teachers Retirement System now owns 220,890 shares of the company's stock valued at $3,766,000 after buying an additional 1,301 shares in the last quarter. Finally, Brooktree Capital Management boosted its stake in DXC Technology by 1.7% in the 1st quarter. Brooktree Capital Management now owns 97,271 shares of the company's stock valued at $1,658,000 after buying an additional 1,608 shares in the last quarter. 96.20% of the stock is owned by institutional investors.

DXC Technology Trading Up 1.6%

NYSE:DXC traded up $0.23 during trading hours on Monday, hitting $14.42. 1,737,359 shares of the stock were exchanged, compared to its average volume of 1,664,130. The company's 50 day moving average is $14.38 and its two-hundred day moving average is $15.65. DXC Technology Company. has a twelve month low of $12.24 and a twelve month high of $24.83. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.90. The company has a market capitalization of $2.58 billion, a P/E ratio of 7.00 and a beta of 1.16.

DXC Technology (NYSE:DXC - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.64 by $0.04. DXC Technology had a return on equity of 18.59% and a net margin of 2.96%.The company had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.06 billion. During the same period last year, the firm earned $0.74 EPS. The business's revenue for the quarter 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, sell-side analysts anticipate that DXC Technology Company. will post 3.35 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on DXC. JPMorgan Chase & Co. reduced their target price on shares of DXC Technology from $18.00 to $14.00 and set an "underweight" rating on the stock in a research note on Wednesday, August 20th. BMO Capital Markets reduced their price target on shares of DXC Technology from $26.00 to $17.00 and set a "market perform" rating on the stock in a research report on Thursday, May 15th. Guggenheim reissued a "neutral" rating on shares of DXC Technology in a report on Monday, May 12th. Morgan Stanley dropped their price target on DXC Technology from $16.00 to $15.00 and set an "equal weight" rating for the company in a report on Friday, August 1st. Finally, Wall Street Zen raised DXC Technology from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Five research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, DXC Technology has an average rating of "Reduce" and an average target price of $15.60.

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).