Dimensional Fund Advisors LP Has $180.73 Million Stock Position in DXC Technology Company. $DXC

Key Points

• Dimensional Fund Advisors LP increased its stake in DXC Technology by 1.6%, holding approximately 10.6 million shares valued at $180.73 million.
• Several institutional investors, including LSV Asset Management and AQR Capital Management, significantly boosted their positions in DXC Technology, reflecting broader institutional interest.
• Analysts have lowered target prices on DXC Technology, with the consensus price now at $16.40, and ratings generally falling within "neutral" and "underweight."

Dimensional Fund Advisors LP grew its stake in shares of DXC Technology Company. (NYSE:DXC - Free Report) by 1.6% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,599,848 shares of the company's stock after purchasing an additional 163,291 shares during the quarter. Dimensional Fund Advisors LP owned about 5.85% of DXC Technology worth $180,725,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. LSV Asset Management increased its position in shares of DXC Technology by 22.7% during the 1st quarter. LSV Asset Management now owns 4,151,398 shares of the company's stock worth $70,781,000 after purchasing an additional 769,026 shares during the last quarter. AQR Capital Management LLC increased its position in shares of DXC Technology by 43.8% during the 4th quarter. AQR Capital Management LLC now owns 1,943,649 shares of the company's stock worth $38,834,000 after purchasing an additional 591,841 shares during the last quarter. Northern Trust Corp increased its position in shares of DXC Technology by 14.6% during the 4th quarter. Northern Trust Corp now owns 1,607,631 shares of the company's stock worth $32,120,000 after purchasing an additional 204,697 shares during the last quarter. First Trust Advisors LP increased its position in shares of DXC Technology by 12.6% during the 4th quarter. First Trust Advisors LP now owns 1,340,744 shares of the company's stock worth $26,788,000 after purchasing an additional 150,040 shares during the last quarter. Finally, Deutsche Bank AG increased its position in shares of DXC Technology by 99.3% during the 4th quarter. Deutsche Bank AG now owns 1,173,407 shares of the company's stock worth $23,445,000 after purchasing an additional 584,678 shares during the last quarter. Institutional investors and hedge funds own 96.20% of the company's stock.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Guggenheim reaffirmed a "neutral" rating on shares of DXC Technology in a research report on Monday, May 12th. Morgan Stanley decreased their target price on DXC Technology from $16.00 to $15.00 and set an "equal weight" rating on the stock in a report on Friday, August 1st. Susquehanna decreased their target price on DXC Technology from $23.00 to $16.00 and set a "neutral" rating on the stock in a report on Wednesday, April 23rd. JPMorgan Chase & Co. decreased their target price on DXC Technology from $22.00 to $18.00 and set an "underweight" rating on the stock in a report on Wednesday, May 21st. Finally, BMO Capital Markets decreased their target price on DXC Technology from $26.00 to $17.00 and set a "market perform" rating on the stock in a report on Thursday, May 15th. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus target price of $16.40.

DXC Technology Trading Up 0.4%

Shares of DXC Technology stock opened at $13.9750 on Wednesday. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.22 and a current ratio of 1.22. The firm has a 50-day moving average of $14.58 and a 200-day moving average of $16.08. DXC Technology Company. has a 52-week low of $12.24 and a 52-week high of $24.83. The stock has a market cap of $2.50 billion, a PE ratio of 6.78 and a beta of 1.18.

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

Want to see what other hedge funds are holding DXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DXC Technology Company. (NYSE:DXC - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.