Cubist Systematic Strategies LLC purchased a new stake in shares of DXC Technology Company. (NYSE:DXC - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 175,445 shares of the company's stock, valued at approximately $2,991,000. Cubist Systematic Strategies LLC owned approximately 0.10% of DXC Technology at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of DXC. Royal Bank of Canada increased its holdings in shares of DXC Technology by 156.3% during the 1st quarter. Royal Bank of Canada now owns 99,930 shares of the company's stock valued at $1,703,000 after purchasing an additional 60,935 shares in the last quarter. Graham Capital Management L.P. grew its position in DXC Technology by 75.5% during the first quarter. Graham Capital Management L.P. now owns 130,143 shares of the company's stock valued at $2,219,000 after buying an additional 56,006 shares during the period. Vident Advisory LLC grew its position in DXC Technology by 7.0% during the first quarter. Vident Advisory LLC now owns 27,050 shares of the company's stock valued at $461,000 after buying an additional 1,771 shares during the period. Trexquant Investment LP purchased a new position in DXC Technology in the first quarter valued at $2,682,000. Finally, Virtus Advisers LLC acquired a new position in shares of DXC Technology in the first quarter worth about $1,482,000. Hedge funds and other institutional investors own 96.20% of the company's stock.
DXC Technology Price Performance
Shares of NYSE DXC traded up $0.29 during midday trading on Thursday, hitting $14.51. The stock had a trading volume of 1,826,771 shares, compared to its average volume of 1,475,054. 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 stock has a 50 day simple moving average of $14.22 and a 200-day simple moving average of $15.35. The company has a market capitalization of $2.60 billion, a PE ratio of 7.05 and a beta of 1.16. DXC Technology Company. has a 1 year low of $12.24 and a 1 year high of $24.83.
DXC Technology (NYSE:DXC - Get Free Report) last issued 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 firm had revenue of $3.16 billion during the quarter, compared to analysts' expectations of $3.06 billion. DXC Technology had a return on equity of 18.59% and a net margin of 2.96%.The firm's revenue for the quarter was down 2.4% on a year-over-year basis. During the same period 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. On average, sell-side analysts expect that DXC Technology Company. will post 3.35 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of research firms have recently commented on DXC. Wall Street Zen upgraded DXC Technology from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. BMO Capital Markets lowered their price target on 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. JPMorgan Chase & Co. cut their price objective on DXC Technology from $18.00 to $14.00 and set an "underweight" rating for the company in a research report on Wednesday, August 20th. Morgan Stanley reduced their target price on DXC Technology from $16.00 to $15.00 and set an "equal weight" rating for the company in a research note on Friday, August 1st. Finally, Royal Bank Of Canada dropped their price target on shares of 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. Five equities research analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, DXC Technology has an average rating of "Reduce" and a consensus price target of $15.60.
Check Out Our Latest Research Report on DXC
DXC Technology Profile
(
Free Report)
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).
Read More
Before you consider DXC Technology, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DXC Technology wasn't on the list.
While DXC Technology currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
