Nuveen LLC Takes Position in DXC Technology Company. $DXC

Key Points

• Nuveen LLC has made a significant investment in DXC Technology, acquiring 635,189 shares valued at approximately $10.83 million, representing about 0.35% ownership in the company.
• Multiple large investors have recently adjusted their positions in DXC Technology, with institutional investors now holding 96.20% of the company's stock.
• DXC Technology reported $0.68 EPS for the last quarter, exceeding estimates, with a total revenue of $3.16 billion, although down 2.4% from the previous year.

Nuveen LLC bought a new stake in shares of DXC Technology Company. (NYSE:DXC - Free Report) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 635,189 shares of the company's stock, valued at approximately $10,830,000. Nuveen LLC owned about 0.35% of DXC Technology at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of DXC. Byrne Asset Management LLC acquired a new position in DXC Technology during the 1st quarter valued at $33,000. Wealthquest Corp bought a new stake in DXC Technology in the 1st quarter valued at $49,000. GAMMA Investing LLC increased its holdings in DXC Technology by 37.4% in the 1st quarter. GAMMA Investing LLC now owns 4,507 shares of the company's stock valued at $77,000 after buying an additional 1,226 shares during the period. Quarry LP increased its holdings in DXC Technology by 604.1% in the 4th quarter. Quarry LP now owns 3,978 shares of the company's stock valued at $79,000 after buying an additional 3,413 shares during the period. Finally, CHICAGO TRUST Co NA bought a new stake in DXC Technology in the 1st quarter valued at $183,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

DXC Technology Trading Up 1.5%

DXC Technology stock traded up $0.22 during trading hours on Wednesday, reaching $14.37. 767,800 shares of the company's stock traded hands, compared to its average volume of 1,742,598. The firm has a market capitalization of $2.57 billion, a price-to-earnings ratio of 6.98 and a beta of 1.18. 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 Company. has a fifty-two week low of $12.24 and a fifty-two week high of $24.83. The firm's 50 day moving average is $14.40 and its 200-day moving average is $15.80.

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. The business had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.06 billion. DXC Technology had a net margin of 2.96% and a return on equity of 18.59%. DXC Technology's revenue was down 2.4% compared to the same quarter last year. During the same period in the prior year, the business posted $0.74 earnings per share. 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, analysts predict that DXC Technology Company. will post 3.35 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on DXC shares. Royal Bank Of Canada lowered 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 report on Friday, August 1st. Wall Street Zen raised shares of DXC Technology from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Guggenheim reaffirmed a "neutral" rating on shares of DXC Technology in a report on Monday, May 12th. BMO Capital Markets lowered their target price on shares of DXC Technology from $26.00 to $17.00 and set a "market perform" rating on the stock in a report on Thursday, May 15th. Finally, JPMorgan Chase & Co. lowered their target price on shares of DXC Technology from $18.00 to $14.00 and set an "underweight" rating on the stock in a 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's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average target price 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).