DXC Technology Company. $DXC Shares Purchased by MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.

Key Points

• MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in DXC Technology by 27.4%, owning 469,827 shares valued at $8,011,000 after acquiring an additional 100,927 shares.
• DXC Technology reported earnings of $0.68 per share, surpassing the consensus estimate of $0.64, despite a 2.4% decline in revenue year-over-year.
• Institutional investors own 96.20% of DXC Technology, with multiple firms adjusting their holdings and analysts giving the stock a consensus rating of "Reduce" and an average price target of $15.60.

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in DXC Technology Company. (NYSE:DXC - Free Report) by 27.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 469,827 shares of the company's stock after purchasing an additional 100,927 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.26% of DXC Technology worth $8,011,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Banque Transatlantique SA acquired a new stake in shares of DXC Technology in the first quarter valued at about $1,076,000. AQR Capital Management LLC grew its position in shares of DXC Technology by 2.8% in the first quarter. AQR Capital Management LLC now owns 1,997,247 shares of the company's stock valued at $33,254,000 after purchasing an additional 53,598 shares during the period. Maverick Capital Ltd. grew its position in shares of DXC Technology by 135.4% in the first quarter. Maverick Capital Ltd. now owns 42,512 shares of the company's stock valued at $725,000 after purchasing an additional 24,456 shares during the period. Cubist Systematic Strategies LLC acquired a new stake in shares of DXC Technology in the first quarter valued at about $2,991,000. Finally, Royal Bank of Canada grew its position in shares of DXC Technology by 156.3% in the first 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 during the period. Institutional investors and hedge funds own 96.20% of the company's stock.

DXC Technology Trading Up 1.2%

DXC stock traded up $0.16 during trading on Tuesday, reaching $14.07. 1,971,700 shares of the stock were exchanged, compared to its average volume of 1,485,993. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.90. The business has a 50 day moving average price of $14.10 and a 200-day moving average price of $15.24. DXC Technology Company. has a 1 year low of $12.24 and a 1 year high of $24.83. The firm has a market capitalization of $2.52 billion, a price-to-earnings ratio of 6.83 and a beta of 1.16.

DXC Technology (NYSE:DXC - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.04. DXC Technology had a net margin of 2.96% and a return on equity of 18.59%. The company had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.06 billion. During the same period in the previous year, the firm earned $0.74 earnings per share. DXC Technology'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. On average, research analysts predict that DXC Technology Company. will post 3.35 earnings per share for the current year.

Analysts Set New Price Targets

DXC has been the topic of several research analyst reports. JPMorgan Chase & Co. dropped their target price 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 decreased 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. Morgan Stanley decreased 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 note on Friday, August 1st. Finally, Wall Street Zen raised shares of DXC Technology from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Five investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, DXC Technology has a consensus rating of "Reduce" and an average target price of $15.60.

Insider Activity

In other news, SVP Christopher Anthony Voci sold 2,500 shares of the business's stock in a transaction that occurred on Thursday, September 11th. The shares were sold at an average price of $14.52, for a total value of $36,300.00. Following the sale, the senior vice president directly owned 91,105 shares of the company's stock, valued at approximately $1,322,844.60. The trade was a 2.67% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.61% of the company's stock.

DXC Technology Company 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).