Oak Thistle LLC Makes New $1.53 Million Investment in Cognizant Technology Solutions Corporation $CTSH

Key Points

• Oak Thistle LLC acquired a new position in Cognizant (NASDAQ:CTSH), buying 18,424 shares worth about $1.53 million during the fourth quarter.
• Cognizant beat Q4 estimates with $1.35 EPS vs. $1.32 expected and $5.33B revenue (up 4.9% YoY), and set FY2026 guidance of $5.560–$5.700 EPS.
• The company increased its quarterly dividend to $0.33 (annualized $1.32), implying a ~2.2% yield and a payout ratio around 29%.

Oak Thistle LLC acquired a new position in Cognizant Technology Solutions Corporation (NASDAQ:CTSH - Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 18,424 shares of the information technology service provider's stock, valued at approximately $1,529,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Unison Advisors LLC grew its stake in Cognizant Technology Solutions by 0.5% in the 4th quarter. Unison Advisors LLC now owns 30,095 shares of the information technology service provider's stock valued at $2,498,000 after buying an additional 138 shares during the last quarter. Security National Bank of SO Dak grew its stake in Cognizant Technology Solutions by 0.6% in the 2nd quarter. Security National Bank of SO Dak now owns 24,635 shares of the information technology service provider's stock valued at $1,922,000 after buying an additional 150 shares during the last quarter. Haven Private LLC grew its stake in Cognizant Technology Solutions by 1.9% in the 3rd quarter. Haven Private LLC now owns 8,451 shares of the information technology service provider's stock valued at $567,000 after buying an additional 157 shares during the last quarter. Cidel Asset Management Inc. grew its stake in Cognizant Technology Solutions by 3.0% in the 4th quarter. Cidel Asset Management Inc. now owns 5,535 shares of the information technology service provider's stock valued at $459,000 after buying an additional 163 shares during the last quarter. Finally, Uncommon Cents Investing LLC grew its stake in Cognizant Technology Solutions by 2.0% in the 3rd quarter. Uncommon Cents Investing LLC now owns 8,400 shares of the information technology service provider's stock valued at $563,000 after buying an additional 165 shares during the last quarter. Institutional investors and hedge funds own 92.44% of the company's stock.

Cognizant Technology Solutions Stock Performance

NASDAQ CTSH opened at $61.00 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.14 and a quick ratio of 2.14. The firm has a market capitalization of $29.17 billion, a price-to-earnings ratio of 13.41, a P/E/G ratio of 1.36 and a beta of 0.98. The company's fifty day moving average is $65.71 and its two-hundred day moving average is $72.68. Cognizant Technology Solutions Corporation has a 52-week low of $58.83 and a 52-week high of $87.03.

Cognizant Technology Solutions (NASDAQ:CTSH - Get Free Report) last issued 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. Cognizant Technology Solutions had a net margin of 10.56% and a return on equity of 17.17%. The business had revenue of $5.33 billion for the quarter, compared to analyst estimates of $5.31 billion. During the same period in the previous year, the business earned $1.21 EPS. The firm's revenue was up 4.9% on a year-over-year basis. Cognizant Technology Solutions has set its FY 2026 guidance at 5.560-5.700 EPS. Equities research analysts forecast that Cognizant Technology Solutions Corporation will post 4.98 EPS for the current year.

Cognizant Technology Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 26th. Stockholders of record on Wednesday, February 18th were given a dividend of $0.33 per share. This is an increase from Cognizant Technology Solutions's previous quarterly dividend of $0.31. The ex-dividend date was Wednesday, February 18th. This represents a $1.32 annualized dividend and a dividend yield of 2.2%. Cognizant Technology Solutions's dividend payout ratio (DPR) is presently 29.01%.

Insider Buying and Selling at Cognizant Technology Solutions

In other news, insider Surya Gummadi sold 1,728 shares of Cognizant Technology Solutions stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $83.06, for a total transaction of $143,527.68. Following the sale, the insider directly owned 25,641 shares in the company, valued at approximately $2,129,741.46. The trade was a 6.31% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.32% of the company's stock.

Wall Street Analysts Forecast Growth

CTSH has been the topic of several research analyst reports. Guggenheim restated a "buy" rating and issued a $100.00 price target (up from $95.00) on shares of Cognizant Technology Solutions in a research report on Wednesday, January 28th. Argus upgraded shares of Cognizant Technology Solutions to a "hold" rating in a research report on Tuesday, February 10th. Morgan Stanley raised their price target on shares of Cognizant Technology Solutions from $80.00 to $82.00 and gave the stock an "equal weight" rating in a research report on Thursday, February 5th. Wells Fargo & Company restated an "overweight" rating and issued a $98.00 price target (up from $87.00) on shares of Cognizant Technology Solutions in a research report on Wednesday, January 14th. Finally, Weiss Ratings lowered shares of Cognizant Technology Solutions from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, March 19th. Nine analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $87.78.

About Cognizant Technology Solutions

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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