DXC Technology Company. $DXC Shares Bought by Glenmede Trust Co. NA

Glenmede Trust Co. NA raised its stake in DXC Technology Company. (NYSE:DXC - Free Report) by 13.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 880,260 shares of the company's stock after buying an additional 103,221 shares during the period. Glenmede Trust Co. NA owned approximately 0.54% of DXC Technology worth $11,065,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Lido Advisors LLC boosted its stake in shares of DXC Technology by 6.1% during the 4th quarter. Lido Advisors LLC now owns 17,383 shares of the company's stock worth $241,000 after acquiring an additional 1,003 shares in the last quarter. Fifth Third Bancorp increased its stake in DXC Technology by 116.0% in the 4th quarter. Fifth Third Bancorp now owns 2,102 shares of the company's stock valued at $31,000 after purchasing an additional 1,129 shares in the last quarter. Hantz Financial Services Inc. raised its holdings in DXC Technology by 110.5% during the fourth quarter. Hantz Financial Services Inc. now owns 2,185 shares of the company's stock worth $32,000 after purchasing an additional 1,147 shares during the last quarter. EverSource Wealth Advisors LLC raised its holdings in DXC Technology by 240.6% during the second quarter. EverSource Wealth Advisors LLC now owns 1,737 shares of the company's stock worth $27,000 after purchasing an additional 1,227 shares during the last quarter. Finally, Focus Partners Wealth boosted its position in DXC Technology by 9.9% during the third quarter. Focus Partners Wealth now owns 15,094 shares of the company's stock worth $202,000 after purchasing an additional 1,357 shares in the last quarter. 96.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at DXC Technology

In related news, CEO Raul J. Fernandez acquired 28,051 shares of the firm's stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of $8.90 per share, with a total value of $249,653.90. Following the completion of the purchase, the chief executive officer directly owned 844,052 shares in the company, valued at approximately $7,512,062.80. The trade was a 3.44% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 1.13% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

DXC has been the topic of several research reports. TD Cowen lowered their target price on DXC Technology from $11.00 to $10.00 and set a "hold" rating on the stock in a report on Thursday, July 9th. BMO Capital Markets cut their price target on DXC Technology from $17.00 to $10.00 and set a "market perform" rating for the company in a research note on Monday, May 11th. Royal Bank Of Canada decreased their price objective on shares of DXC Technology from $16.00 to $14.00 and set a "sector perform" rating on the stock in a research report on Friday. Morgan Stanley lowered their price objective on shares of DXC Technology from $15.00 to $9.00 and set an "equal weight" rating on the stock in a research note on Thursday, May 14th. Finally, Weiss Ratings downgraded shares of DXC Technology from a "sell (d+)" rating to a "sell (d)" rating in a report on Monday, May 11th. Seven equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, DXC Technology currently has an average rating of "Reduce" and an average price target of $11.81.

More DXC Technology News

Here are the key news stories impacting DXC Technology this week:

• Positive Sentiment: DXC reported first-quarter fiscal 2027 free cash flow of $314 million, up from $97 million a year earlier. Bookings increased 5% year over year to $3.0 billion, suggesting improved demand despite the revenue decline. The company also repurchased $70 million of stock. DXC Technology Reports First Quarter Fiscal Year 2027 Results
• Positive Sentiment: Management highlighted momentum in its AI platform and announced a strategic partnership with ElevenLabs, while new leadership appointments are intended to accelerate DXC’s AI-focused strategy. These moves could improve the company’s longer-term growth prospects. DXC and ElevenLabs Announce Strategic Partnership
• Positive Sentiment: An article reports that hedge funds remain bullish on DXC, potentially providing support from institutional investors despite the stock’s year-to-date weakness. Hedge Funds Are Bullish on DXC Technology
• Neutral Sentiment: Royal Bank of Canada lowered its price target from $16 to $14 but maintained a “sector perform” rating. The revised target still implies meaningful upside, although the reduction signals more cautious expectations. Benzinga
• Negative Sentiment: Fiscal Q1 adjusted EPS was $0.40, below the $0.42 consensus and down sharply from $0.68 a year earlier. Revenue fell 5.1% year over year to $3.0 billion, while organic revenue declined 6.7%. DXC Technology Q1 Earnings Miss Estimates, Revenues Decline Year Over Year
• Negative Sentiment: DXC’s second-quarter fiscal 2027 EPS outlook of $0.55 is well below the approximately $0.71 analyst consensus. Management also expects fiscal 2027 organic revenue to contract 3%–5%, reinforcing concerns about near-term growth. The company partly offset this with a higher full-year free-cash-flow outlook of about $685 million. DXC Expects Fiscal 2027 Organic Revenue to Decline

DXC Technology Price Performance

Shares of NYSE:DXC opened at $11.30 on Monday. The business's fifty day moving average price is $9.44 and its two-hundred day moving average price is $11.42. The stock has a market cap of $1.85 billion, a PE ratio of 16.14 and a beta of 0.79. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.36 and a current ratio of 1.41. DXC Technology Company. has a one year low of $7.90 and a one year high of $15.68.

DXC Technology (NYSE:DXC - Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.40 earnings per share for the quarter, missing the consensus estimate of $0.41 by ($0.01). DXC Technology had a return on equity of 15.60% and a net margin of 0.99%.The company had revenue of $3 billion for the quarter, compared to analysts' expectations of $2.99 billion. During the same period in the previous year, the business posted $0.68 EPS. The business's quarterly revenue was down 5.0% on a year-over-year basis. DXC Technology has set its Q2 2027 guidance at 0.550-0.550 EPS. On average, analysts forecast that DXC Technology Company. will post 2.59 EPS for the current fiscal year.

DXC Technology Profile

DXC Technology, headquartered in Tysons Corner, Virginia, is a global leader in IT services and solutions. The company was formed in 2017 through the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise, combining decades of experience in consulting, systems integration and managed services. Since its inception, DXC has focused on helping clients modernize IT environments and drive digital transformation across their organizations.

DXC Technology's core service offerings encompass cloud and platform services, applications and analytics, security, and workplace and mobility solutions.

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