DXC Technology Company. $DXC Shares Acquired by AQR Capital Management LLC

AQR Capital Management LLC lifted its position in DXC Technology Company. (NYSE:DXC - Free Report) by 2.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,997,247 shares of the company's stock after purchasing an additional 53,598 shares during the quarter. AQR Capital Management LLC owned about 1.10% of DXC Technology worth $33,254,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Byrne Asset Management LLC bought a new stake in shares of DXC Technology in the first quarter worth about $33,000. Wealthquest Corp bought a new stake in shares of DXC Technology in the first quarter worth about $49,000. GAMMA Investing LLC increased its holdings in shares of DXC Technology by 37.4% in 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 during the last quarter. CHICAGO TRUST Co NA bought a new stake in shares of DXC Technology in the first quarter worth about $183,000. Finally, Cetera Investment Advisers bought a new stake in shares of DXC Technology in the first quarter worth about $198,000. 96.20% of the stock is owned by institutional investors.

DXC Technology Trading Down 1.9%

Shares of NYSE DXC traded down $0.28 during midday trading on Friday, hitting $14.27. The company's stock had a trading volume of 399,581 shares, compared to its average volume of 1,734,659. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.90. The firm has a market cap of $2.55 billion, a P/E ratio of 6.92 and a beta of 1.16. The business's 50 day moving average is $14.22 and its two-hundred day moving average is $15.35. DXC Technology Company. has a 12-month low of $12.24 and a 12-month high of $24.83.

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

Wall Street Analyst Weigh In

Several brokerages have weighed in on DXC. Royal Bank Of Canada reduced their price objective on DXC Technology from $18.00 to $16.00 and set a "sector perform" rating on the stock in a research note on Friday, August 1st. JPMorgan Chase & Co. reduced their price objective on DXC Technology from $18.00 to $14.00 and set an "underweight" rating on the stock in a research note on Wednesday, August 20th. Wall Street Zen raised DXC Technology from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Morgan Stanley reduced their price objective on DXC Technology from $16.00 to $15.00 and set an "equal weight" rating on the stock in a research note on Friday, August 1st. Finally, BMO Capital Markets reduced their price objective on DXC Technology from $26.00 to $17.00 and set a "market perform" rating on the stock in a research note on Thursday, May 15th. Five investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus price target of $15.60.

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).