Caprock Group LLC Has $2.93 Million Stock Holdings in Cognizant Technology Solutions Corporation $CTSH

Key Points

• Caprock Group LLC boosted its position in Cognizant by 164.1% in Q4, owning 35,255 shares after adding 21,907 shares, valued at about $2.93 million per the latest SEC filing.
• Cognizant beat quarterly estimates (EPS $1.35 vs. $1.32; revenue $5.33B), issued FY2026 EPS guidance of 5.560–5.700, and raised its quarterly dividend to $0.33 (a 2.4% yield).
• Institutional investors hold 92.44% of CTSH stock; analysts' consensus is a "Hold" with an average price target of $84.39 amid mixed recent rating changes.

Caprock Group LLC grew its position in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH - Free Report) by 164.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 35,255 shares of the information technology service provider's stock after purchasing an additional 21,907 shares during the quarter. Caprock Group LLC's holdings in Cognizant Technology Solutions were worth $2,926,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CTSH. Brighton Jones LLC acquired a new stake in shares of Cognizant Technology Solutions during the fourth quarter valued at about $214,000. Geneos Wealth Management Inc. boosted its stake in shares of Cognizant Technology Solutions by 118.8% during the first quarter. Geneos Wealth Management Inc. now owns 569 shares of the information technology service provider's stock valued at $44,000 after purchasing an additional 309 shares in the last quarter. Acadian Asset Management LLC acquired a new stake in shares of Cognizant Technology Solutions during the first quarter valued at about $142,000. Cresset Asset Management LLC boosted its stake in shares of Cognizant Technology Solutions by 11.4% during the second quarter. Cresset Asset Management LLC now owns 9,160 shares of the information technology service provider's stock valued at $715,000 after purchasing an additional 935 shares in the last quarter. Finally, Jump Financial LLC boosted its stake in shares of Cognizant Technology Solutions by 231.4% during the second quarter. Jump Financial LLC now owns 29,667 shares of the information technology service provider's stock valued at $2,315,000 after purchasing an additional 20,716 shares in the last quarter. 92.44% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Cognizant Technology Solutions

In other Cognizant Technology Solutions news, insider Surya Gummadi sold 1,728 shares of the business's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $83.06, for a total value of $143,527.68. Following the transaction, the insider directly owned 25,641 shares of the company's stock, valued at approximately $2,129,741.46. The trade was a 6.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.32% of the company's stock.

Cognizant Technology Solutions Price Performance

Cognizant Technology Solutions stock opened at $55.11 on Friday. The stock's 50 day moving average is $61.80 and its 200 day moving average is $71.96. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.14 and a quick ratio of 2.14. The firm has a market cap of $26.36 billion, a P/E ratio of 12.11, a P/E/G ratio of 1.20 and a beta of 0.98. Cognizant Technology Solutions Corporation has a one year low of $54.26 and a one year high of $87.03.

Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) last posted its quarterly earnings data on Wednesday, February 4th. The information technology service provider reported $1.35 EPS for the quarter, topping analysts' consensus estimates of $1.32 by $0.03. The company had revenue of $5.33 billion for the quarter, compared to analyst estimates of $5.31 billion. Cognizant Technology Solutions had a return on equity of 17.17% and a net margin of 10.56%.The firm's quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.21 earnings per share. Cognizant Technology Solutions has set its FY 2026 guidance at 5.560-5.700 EPS. As a group, research analysts expect that Cognizant Technology Solutions Corporation will post 5.65 EPS for the current year.

Cognizant Technology Solutions Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, February 26th. Shareholders of record on Wednesday, February 18th were paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 2.4%. This is a boost from Cognizant Technology Solutions's previous quarterly dividend of $0.31. The ex-dividend date of this dividend was Wednesday, February 18th. Cognizant Technology Solutions's payout ratio is presently 29.01%.

Analyst Ratings Changes

A number of analysts have recently commented on CTSH shares. Citigroup cut their price target on Cognizant Technology Solutions from $86.00 to $68.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 7th. Wells Fargo & Company reissued an "overweight" rating and set a $98.00 price target (up from $87.00) on shares of Cognizant Technology Solutions in a research note on Wednesday, January 14th. Guggenheim cut their price objective on Cognizant Technology Solutions from $100.00 to $85.00 and set a "buy" rating on the stock in a research note on Wednesday. Morgan Stanley lifted their price objective on Cognizant Technology Solutions from $80.00 to $82.00 and gave the stock an "equal weight" rating in a research note on Thursday, February 5th. Finally, Robert W. Baird set a $72.00 price objective on Cognizant Technology Solutions and gave the stock a "neutral" rating in a research note on Friday, April 10th. Eight equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $84.39.

Cognizant Technology Solutions Company Profile

Cognizant Technology Solutions NASDAQ: CTSH is a global professional services company that provides information technology, consulting and business process services to large enterprises. Its core offerings include digital engineering, application development and maintenance, cloud migration and managed services, data analytics and artificial intelligence, cybersecurity, and industry-specific solutions. Cognizant works with clients to design and implement technology-enabled transformations that address customer experience, operational efficiency and new product and service delivery.

Founded in the 1990s and headquartered in Teaneck, New Jersey, Cognizant has grown into a multinational organization with delivery centers and operations across the Americas, Europe, and Asia.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.