Nykredit A S Makes New $36.11 Million Investment in DXC Technology Company. $DXC

Key Points

• Nykredit A/S acquired 4.08 million DXC shares worth approximately $36.1 million, giving it a 2.55% stake. Institutional investors collectively own 96.2% of the company.
• DXC reported quarterly revenue of $3.0 billion, down 5% year over year, while EPS of $0.40 narrowly missed analyst expectations of $0.41. The stock was trading near $10.74, well below its one-year high of $15.68.
• Analyst sentiment remains cautious, with a consensus rating of “Reduce” and an average price target of $12.21; recent concerns focus on declining revenue potentially outweighing the benefits of DXC’s AI initiatives.

Nykredit A S bought a new position in DXC Technology Company. (NYSE:DXC - Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,079,813 shares of the company's stock, valued at approximately $36,106,000. Nykredit A S owned approximately 2.55% of DXC Technology as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. BlackRock Inc. lifted its position in shares of DXC Technology by 21.5% during the second quarter. BlackRock Inc. now owns 28,276,735 shares of the company's stock worth $250,249,000 after acquiring an additional 4,994,936 shares in the last quarter. Bank of America Corp DE purchased a new stake in shares of DXC Technology in the second quarter worth about $11,706,000. SEB Asset Management AB bought a new position in shares of DXC Technology in the first quarter valued at approximately $12,103,000. Allianz Asset Management GmbH grew its stake in DXC Technology by 58.3% during the second quarter. Allianz Asset Management GmbH now owns 1,564,754 shares of the company's stock valued at $13,848,000 after acquiring an additional 576,353 shares in the last quarter. Finally, Access Investment Management LLC bought a new stake in DXC Technology during the 1st quarter worth approximately $6,256,000. Institutional investors own 96.20% of the company's stock.

DXC Technology Trading Down 6.1%

DXC opened at $10.74 on Friday. The business has a 50 day simple moving average of $10.77 and a two-hundred day simple moving average of $10.72. The firm has a market capitalization of $1.72 billion, a price-to-earnings ratio of 15.34 and a beta of 0.80. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.41 and a quick ratio of 1.41. DXC Technology Company. has a one year low of $7.90 and a one year high of $15.68.

DXC Technology (NYSE:DXC - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.40 earnings per share for the quarter, missing analysts' consensus estimates of $0.41 by ($0.01). DXC Technology had a return on equity of 15.60% and a net margin of 0.99%.The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same quarter in the prior year, the business posted $0.68 earnings per share. DXC Technology's quarterly revenue was down 5.0% compared to the same quarter last year. DXC Technology has set its Q2 2027 guidance at 0.550-0.550 EPS. Analysts predict that DXC Technology Company. will post 2.61 EPS for the current year.

Key Stories Impacting DXC Technology

Here are the key news stories impacting DXC Technology this week:

• Positive Sentiment: New Americas leadership: DXC appointed Jonathan Nikols as president of its Americas market. The move could strengthen execution and customer growth in a key region, although the company did not disclose specific financial targets tied to the appointment. DXC Appoints Jonathan Nikols as President of the Americas Market
• Positive Sentiment: Autonomous logistics partnerships: DXC is working with Arrive AI to bring delivery technology to factories and with LOXO to help deploy Level 4 autonomous commercial vehicles for middle- and last-mile logistics. These collaborations highlight DXC’s engineering, artificial intelligence, data and systems-integration capabilities, but their revenue contribution remains uncertain. Arrive AI and DXC Technology Partnership DXC Engineering and LOXO Partnership
• Neutral Sentiment: Options volatility is elevated: Rising implied volatility indicates that options traders expect larger-than-usual DXC price movements, but it does not establish a clear bullish or bearish direction. Implied Volatility Surging for DXC Technology Stock Options
• Negative Sentiment: Revenue concerns remain the main overhang: A Seeking Alpha analysis downgraded DXC, arguing that its AI initiatives may not offset shrinking revenue. That concern is consistent with the company’s latest reported results, which included a year-over-year revenue decline and an earnings miss, making investors more cautious about the pace of any turnaround. DXC Technology’s AI Ambitions May Struggle to Offset Shrinking Revenue

Analyst Ratings Changes

DXC has been the topic of a number of recent analyst reports. Stifel Nicolaus lowered their target price on shares of DXC Technology from $12.00 to $10.50 and set a "hold" rating on the stock in a research note on Friday, July 31st. Weiss Ratings reissued a "sell (d)" rating on shares of DXC Technology in a research note on Friday, August 7th. Morgan Stanley set a $12.00 target price on shares of DXC Technology in a report on Monday, August 3rd. Zacks Research raised shares of DXC Technology from a "strong sell" rating to a "hold" rating in a research note on Monday, July 13th. Finally, Royal Bank Of Canada lowered their price target on shares of DXC Technology from $16.00 to $14.00 and set a "sector perform" rating for the company in a report on Friday, July 31st. Seven equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, DXC Technology has an average rating of "Reduce" and a consensus price target of $12.21.

DXC Technology Company Profile

DXC Technology NYSE: DXC is a global information technology services company that helps businesses and government organizations modernize, manage and secure their technology environments. Its services include IT consulting, systems integration, application development and modernization, cloud computing, cybersecurity, data and analytics, and managed infrastructure.

The company also provides workplace and end-user computing services, enterprise application services, and technology support for complex operating environments.

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