Trexquant Investment LP Takes Position in DXC Technology Company. $DXC

Key Points

• Trexquant Investment LP has acquired a new stake in DXC Technology, purchasing 157,321 shares valued at approximately $2.68 million, representing 0.09% ownership of the company.
• Several institutional investors have increased their holdings in DXC Technology, with LSV Asset Management boosting its stake by 22.7% and American Century Companies Inc. by 11.8% in the first quarter.
• DXC Technology's stock has a market cap of $2.59 billion, a price-to-earnings ratio of 7.02, and it reported earnings of $0.68 per share for the last quarter, exceeding analyst expectations by $0.04.

Trexquant Investment LP acquired a new stake in shares of DXC Technology Company. (NYSE:DXC - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 157,321 shares of the company's stock, valued at approximately $2,682,000. Trexquant Investment LP owned about 0.09% of DXC Technology at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of DXC. Byrne Asset Management LLC purchased a new stake in shares of DXC Technology in the 1st quarter valued at approximately $33,000. Wealthquest Corp bought a new position in DXC Technology in the 1st quarter worth approximately $49,000. GAMMA Investing LLC raised its holdings in DXC Technology by 37.4% during the first quarter. GAMMA Investing LLC now owns 4,507 shares of the company's stock worth $77,000 after purchasing an additional 1,226 shares in the last quarter. CHICAGO TRUST Co NA acquired a new stake in shares of DXC Technology during the first quarter valued at approximately $183,000. Finally, Cetera Investment Advisers acquired a new stake in shares of DXC Technology during the first quarter worth approximately $198,000. Hedge funds and other institutional investors own 96.20% of the company's stock.

DXC Technology Stock Performance

Shares of NYSE DXC traded down $0.13 during midday trading on Monday, reaching $14.67. 925,251 shares of the stock were exchanged, compared to its average volume of 1,735,584. DXC Technology Company. has a twelve month low of $12.24 and a twelve month high of $24.83. The firm has a market cap of $2.63 billion, a price-to-earnings ratio of 7.13 and a beta of 1.16. The firm has a 50-day simple moving average of $14.33 and a two-hundred day simple moving average of $15.44. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.90.

DXC Technology (NYSE:DXC - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.64 by $0.04. The company had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.06 billion. DXC Technology had a net margin of 2.96% and a return on equity of 18.59%. The firm's revenue was down 2.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.74 EPS. 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, analysts anticipate that DXC Technology Company. will post 3.35 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Morgan Stanley cut 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. JPMorgan Chase & Co. decreased their price target on DXC Technology from $18.00 to $14.00 and set an "underweight" rating for the company in a research note on Wednesday, August 20th. Royal Bank Of Canada lowered their target price on shares of DXC Technology from $18.00 to $16.00 and set a "sector perform" rating on the stock in a report on Friday, August 1st. BMO Capital Markets reduced their target price on shares of DXC Technology from $26.00 to $17.00 and set a "market perform" rating on the stock in a report on Thursday, May 15th. Finally, Guggenheim reiterated a "neutral" rating on shares of DXC Technology in a report on Monday, May 12th. Five investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and a consensus price target of $15.60.

DXC Technology 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).