Graham Capital Management L.P. Has $2.22 Million Stock Holdings in DXC Technology Company. $DXC

Key Points

• Graham Capital Management L.P. increased its stake in DXC Technology by 75.5% in Q1, owning 130,143 shares valued at $2.22 million as per its latest SEC filing.
• Recent quarterly earnings showed DXC Technology reporting earnings per share of $0.68, exceeding estimates, but revenue decreased by 2.4% compared to the previous year.
• Wall Street analysts have downgraded their price targets for DXC Technology, with JPMorgan lowering their target from $18 to $14, and five analysts currently rating the stock as "Hold".

Graham Capital Management L.P. boosted its position in DXC Technology Company. (NYSE:DXC - Free Report) by 75.5% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 130,143 shares of the company's stock after buying an additional 56,006 shares during the quarter. Graham Capital Management L.P. owned approximately 0.07% of DXC Technology worth $2,219,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Vident Advisory LLC increased its position in shares of DXC Technology by 7.0% during the 1st quarter. Vident Advisory LLC now owns 27,050 shares of the company's stock worth $461,000 after purchasing an additional 1,771 shares during the last quarter. Trexquant Investment LP acquired a new position in shares of DXC Technology during the 1st quarter worth approximately $2,682,000. Virtus Advisers LLC acquired a new position in shares of DXC Technology during the 1st quarter worth approximately $1,482,000. Jump Financial LLC acquired a new position in shares of DXC Technology during the 1st quarter worth approximately $1,898,000. Finally, AlphaQuest LLC increased its holdings in shares of DXC Technology by 24.0% during the 1st quarter. AlphaQuest LLC now owns 37,223 shares of the company's stock worth $635,000 after acquiring an additional 7,201 shares during the last quarter. Institutional investors and hedge funds own 96.20% of the company's stock.

DXC Technology Price Performance

Shares of NYSE:DXC traded up $0.29 during trading on Friday, reaching $14.79. 1,786,961 shares of the company traded hands, compared to its average volume of 1,430,375. The company's 50 day moving average is $14.33 and its two-hundred day moving average is $15.47. The firm has a market capitalization of $2.65 billion, a PE ratio of 7.18 and a beta of 1.16. 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 Company. has a 52 week low of $12.24 and a 52 week high of $24.83.

DXC Technology (NYSE:DXC - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.64 by $0.04. The firm had revenue of $3.16 billion during 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 company's revenue was down 2.4% compared to the same quarter last year. During the same period in the prior year, the company posted $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, sell-side analysts predict that DXC Technology Company. will post 3.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on DXC shares. Royal Bank Of Canada cut their price target on DXC Technology from $18.00 to $16.00 and set a "sector perform" rating for the company in a report on Friday, August 1st. Wall Street Zen raised DXC Technology from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. BMO Capital Markets cut their price target on DXC Technology from $26.00 to $17.00 and set a "market perform" rating for the company in a report on Thursday, May 15th. Guggenheim reaffirmed a "neutral" rating on shares of DXC Technology in a research report on Monday, May 12th. Finally, JPMorgan Chase & Co. decreased their target price on DXC Technology from $18.00 to $14.00 and set an "underweight" rating on the stock in a research report on Wednesday, August 20th. Five analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Reduce" and an average price target of $15.60.

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).