Nuveen LLC Invests $10.83 Million 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 acquired a new stake in DXC Technology Company. (NYSE:DXC - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 635,189 shares of the company's stock, valued at approximately $10,830,000. Nuveen LLC owned about 0.35% of DXC Technology as of its most recent filing with the SEC.

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

DXC Technology Stock Down 0.7%

DXC traded down $0.10 during trading on Thursday, hitting $14.21. 1,532,083 shares of the company's stock were exchanged, compared to its average volume of 1,926,953. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.90. The business's 50 day moving average is $14.38 and its two-hundred day moving average is $15.75. DXC Technology Company. has a fifty-two week low of $12.24 and a fifty-two week high of $24.83. The stock has a market cap of $2.54 billion, a P/E ratio of 6.90 and a beta of 1.18.

DXC Technology (NYSE:DXC - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.68 earnings per share for the quarter, topping 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 the consensus estimate of $3.06 billion. During the same quarter in the prior year, the company posted $0.74 earnings per share. The business's revenue was down 2.4% on a year-over-year basis. 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, equities analysts expect that DXC Technology Company. will post 3.35 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts recently issued reports on DXC shares. Royal Bank Of Canada dropped their target price 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 reiterated a "neutral" rating on shares of DXC Technology in a research report on Monday, May 12th. BMO Capital Markets dropped 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 research report on Thursday, May 15th. 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. Finally, Morgan Stanley dropped their target price 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. Five research 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, DXC Technology has an average 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).