Natixis Advisors LLC Lowers Stock Position in Cognizant Technology Solutions Corporation $CTSH

Key Points

• Natixis Advisors LLC trimmed its stake in Cognizant by 20.8% in Q3, selling 148,486 shares and now holding 566,809 shares worth about $38.0 million (~0.12% of the company).
• Cognizant slightly beat quarterly estimates with EPS $1.35 vs. $1.32 and revenue $5.33B vs. $5.31B, and provided FY2026 EPS guidance of 5.560–5.700.
• Company insiders have been net sellers—including CEO Ravi Kumar Singisetti and director Michael Patsalos-Fox—with 23,809 shares sold over the last 90 days, leaving insiders owning 0.32% of the stock.

Natixis Advisors LLC trimmed its position in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH - Free Report) by 20.8% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 566,809 shares of the information technology service provider's stock after selling 148,486 shares during the period. Natixis Advisors LLC owned approximately 0.12% of Cognizant Technology Solutions worth $38,016,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in CTSH. Brighton Jones LLC purchased a new position in shares of Cognizant Technology Solutions in the 4th quarter worth about $214,000. Geneos Wealth Management Inc. grew its holdings in shares of Cognizant Technology Solutions by 118.8% during the 1st quarter. Geneos Wealth Management Inc. now owns 569 shares of the information technology service provider's stock worth $44,000 after purchasing an additional 309 shares during the period. Acadian Asset Management LLC acquired a new stake in Cognizant Technology Solutions during the 1st quarter worth approximately $142,000. AE Wealth Management LLC raised its holdings in Cognizant Technology Solutions by 533.9% in the second quarter. AE Wealth Management LLC now owns 107,928 shares of the information technology service provider's stock valued at $8,422,000 after buying an additional 90,902 shares during the period. Finally, Summit Investment Advisors Inc. raised its holdings in Cognizant Technology Solutions by 2.2% in the first quarter. Summit Investment Advisors Inc. now owns 21,051 shares of the information technology service provider's stock valued at $1,610,000 after buying an additional 445 shares during the period. Institutional investors and hedge funds own 92.44% of the company's stock.

Insider Activity

In other news, CEO Ravi Kumar Singisetti sold 2,950 shares of the firm's stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $85.06, for a total transaction of $250,927.00. Following the completion of the sale, the chief executive officer directly owned 75,209 shares in the company, valued at $6,397,277.54. This trade represents a 3.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Michael Patsalos-Fox sold 2,000 shares of the business's stock in a transaction dated Wednesday, January 7th. The stock was sold at an average price of $84.23, for a total value of $168,460.00. Following the completion of the transaction, the director owned 29,729 shares in the company, valued at approximately $2,504,073.67. This trade represents a 6.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 23,809 shares of company stock worth $2,010,778 over the last ninety days. Corporate insiders own 0.32% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Berenberg Bank set a $107.00 price objective on shares of Cognizant Technology Solutions and gave the stock a "buy" rating in a research note on Thursday, January 22nd. Argus raised shares of Cognizant Technology Solutions to a "hold" rating in a research note on Tuesday, February 10th. Susquehanna restated a "positive" rating and set a $98.00 target price on shares of Cognizant Technology Solutions in a report on Friday, January 23rd. BMO Capital Markets set a $83.00 price target on shares of Cognizant Technology Solutions in a research report on Thursday, February 12th. Finally, Mizuho set a $87.00 price target on Cognizant Technology Solutions in a report on Monday, February 9th. Ten equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $90.17.

Cognizant Technology Solutions Trading Down 2.4%

CTSH opened at $64.65 on Tuesday. The firm has a market capitalization of $30.92 billion, a P/E ratio of 14.21, a P/E/G ratio of 1.44 and a beta of 1.00. The firm's 50 day moving average is $75.76 and its 200-day moving average is $74.16. Cognizant Technology Solutions Corporation has a 52-week low of $60.03 and a 52-week high of $87.03. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.04.

Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) last announced its earnings results on Wednesday, February 4th. The information technology service provider reported $1.35 earnings per share for the quarter, beating the consensus estimate of $1.32 by $0.03. The business had revenue of $5.33 billion during the quarter, compared to the consensus estimate of $5.31 billion. Cognizant Technology Solutions had a net margin of 10.56% and a return on equity of 17.17%. The business's quarterly revenue was up 4.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.21 earnings per share. Cognizant Technology Solutions has set its FY 2026 guidance at 5.560-5.700 EPS. Analysts expect that Cognizant Technology Solutions Corporation will post 4.98 EPS for the current fiscal year.

Cognizant Technology Solutions Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 26th. Shareholders of record on Wednesday, February 18th were given a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Wednesday, February 18th. This is an increase from Cognizant Technology Solutions's previous quarterly dividend of $0.31. Cognizant Technology Solutions's dividend payout ratio is currently 29.01%.

Cognizant Technology Solutions Company Profile

Cognizant Technology Solutions NASDAQ: CTSH is a global professional services company that provides information technology, consulting and business process services to large enterprises. Its core offerings include digital engineering, application development and maintenance, cloud migration and managed services, data analytics and artificial intelligence, cybersecurity, and industry-specific solutions. Cognizant works with clients to design and implement technology-enabled transformations that address customer experience, operational efficiency and new product and service delivery.

Founded in the 1990s and headquartered in Teaneck, New Jersey, Cognizant has grown into a multinational organization with delivery centers and operations across the Americas, Europe, and Asia.

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