Capital Fund Management S.A. Buys New Shares in DXC Technology Company. $DXC

Key Points

• Capital Fund Management S.A. has invested approximately $1.79 million in DXC Technology, acquiring 104,911 shares, which account for 0.06% of the company's total shares.
• DXC Technology reported a $3.16 billion revenue for the last quarter, which surpassed analysts' expectations, although this represents a 2.4% decline compared to the same quarter last year.
• Analyst ratings for DXC Technology have varied, with several firms lowering their price targets, while a consensus rating remains at "Reduce" with an average target price of $15.60.

Capital Fund Management S.A. bought a new position in shares of DXC Technology Company. (NYSE:DXC - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 104,911 shares of the company's stock, valued at approximately $1,789,000. Capital Fund Management S.A. owned approximately 0.06% of DXC Technology as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Byrne Asset Management LLC acquired a new stake in shares of DXC Technology during the 1st quarter worth approximately $33,000. Wealthquest Corp acquired a new stake in shares of DXC Technology during the 1st quarter worth approximately $49,000. GAMMA Investing LLC boosted 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 acquiring an additional 1,226 shares in the last quarter. Quarry LP boosted its holdings in shares of DXC Technology by 604.1% in the 4th quarter. Quarry LP now owns 3,978 shares of the company's stock valued at $79,000 after purchasing an additional 3,413 shares in the last quarter. Finally, CHICAGO TRUST Co NA acquired a new stake in shares of DXC Technology in the 1st quarter valued at $183,000. 96.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. reduced their target price on DXC Technology from $18.00 to $14.00 and set an "underweight" rating on the stock in a report on Wednesday, August 20th. 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. 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. Guggenheim restated a "neutral" rating on shares of DXC Technology in a research note on Monday, May 12th. Finally, Wall Street Zen upgraded shares of DXC Technology from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, DXC Technology has an average rating of "Reduce" and an average target price of $15.60.

DXC Technology Trading Down 0.7%

DXC traded down $0.10 during midday trading on Thursday, hitting $14.21. 1,532,083 shares of the company were exchanged, compared to its average volume of 1,926,953. The firm has a market capitalization of $2.54 billion, a P/E ratio of 6.90 and a beta of 1.18. DXC Technology Company. has a 1-year low of $12.24 and a 1-year high of $24.83. The firm's 50 day moving average price is $14.38 and its 200-day moving average price is $15.75. 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 announced its 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 firm had revenue of $3.16 billion for 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 business's quarterly revenue was down 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $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, equities analysts forecast that DXC Technology Company. will post 3.35 EPS for the current fiscal year.

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).