Maverick Capital Ltd. Has $725,000 Holdings in DXC Technology Company. $DXC

Key Points

• Maverick Capital Ltd. increased its stake in DXC Technology Company by 135.4%, owning 42,512 shares valued at $725,000.
• Several institutional investors, including Royal Bank of Canada, have also raised their positions in DXC Technology, indicating a strong interest in the stock.
• Analysts have mixed ratings on DXC Technology, with a consensus rating of "Reduce" and a target price averaging around $15.60, reflecting cautious sentiment in the market.

Maverick Capital Ltd. grew its stake in shares of DXC Technology Company. (NYSE:DXC - Free Report) by 135.4% during the first quarter, according to the company in its most recent disclosure with the SEC. The fund owned 42,512 shares of the company's stock after buying an additional 24,456 shares during the quarter. Maverick Capital Ltd.'s holdings in DXC Technology were worth $725,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Price T Rowe Associates Inc. MD grew its stake in shares of DXC Technology by 7.3% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 130,953 shares of the company's stock worth $2,618,000 after purchasing an additional 8,874 shares during the last quarter. Northern Trust Corp grew its stake in shares of DXC Technology by 14.6% in the fourth 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. Alyeska Investment Group L.P. grew its stake in shares of DXC Technology by 30.8% in the fourth quarter. Alyeska Investment Group L.P. now owns 326,586 shares of the company's stock worth $6,525,000 after purchasing an additional 76,836 shares during the last quarter. Algert Global LLC boosted its position in DXC Technology by 332.8% during the fourth quarter. Algert Global LLC now owns 305,625 shares of the company's stock valued at $6,106,000 after acquiring an additional 235,015 shares during the last quarter. Finally, BNP Paribas Financial Markets boosted its position in DXC Technology by 83.2% during the fourth quarter. BNP Paribas Financial Markets now owns 23,464 shares of the company's stock valued at $469,000 after acquiring an additional 10,657 shares during the last quarter. Institutional investors own 96.20% of the company's stock.

DXC Technology Stock Up 2.0%

Shares of NYSE DXC traded up $0.29 during trading on Friday, hitting $14.79. 1,786,961 shares of the company traded hands, compared to its average volume of 1,430,375. The business's fifty day moving average is $14.33 and its 200 day moving average is $15.50. DXC Technology Company. has a fifty-two week low of $12.24 and a fifty-two week high of $24.83. The firm has a market capitalization of $2.65 billion, a price-to-earnings ratio of 7.18 and a beta of 1.16. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.22 and a current ratio of 1.22.

DXC Technology (NYSE:DXC - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.68 earnings per share 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 firm had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.06 billion. During the same quarter in the prior year, the business earned $0.74 earnings per share. The business's quarterly 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. Equities research analysts predict that DXC Technology Company. will post 3.35 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DXC has been the topic of a number of research analyst reports. JPMorgan Chase & Co. cut their price target on shares of DXC Technology from $18.00 to $14.00 and set an "underweight" rating on the stock in a research report on Wednesday, August 20th. Royal Bank Of Canada cut 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 report on Friday, August 1st. Guggenheim reaffirmed a "neutral" rating on shares of DXC Technology in a research report on Monday, May 12th. Morgan Stanley cut their price target on shares of DXC Technology from $16.00 to $15.00 and set an "equal weight" rating on the stock in a research report on Friday, August 1st. Finally, Wall Street Zen raised shares of DXC Technology from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Five equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Reduce" and a consensus 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).