Pictet Asset Management Holding SA Has $120.63 Million Position in Cognizant Technology Solutions Corporation $CTSH

Key Points

• Pictet Asset Management boosted its stake in Cognizant by 122.8%, buying an additional 800,954 shares to hold 1,453,161 shares worth $120.63 million (about 0.30% of the company).
• Cognizant beat quarterly estimates with $1.35 EPS (vs. $1.32 est.) and $5.33B revenue (vs. $5.31B est.), set FY‑2026 guidance of 5.56–5.70 EPS, and raised its quarterly dividend to $0.33 (yield ~2.4%).
• Analysts have a consensus rating of Hold with an average target of $83.72; the stock is trading near its 12‑month low (around $54.6) and carries a P/E of about 12.0.

Pictet Asset Management Holding SA lifted its holdings in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH - Free Report) by 122.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,453,161 shares of the information technology service provider's stock after purchasing an additional 800,954 shares during the period. Pictet Asset Management Holding SA owned 0.30% of Cognizant Technology Solutions worth $120,626,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in CTSH. JPL Wealth Management LLC bought a new stake in shares of Cognizant Technology Solutions during the third quarter worth $25,000. Lodestone Wealth Management LLC bought a new stake in shares of Cognizant Technology Solutions during the fourth quarter worth $28,000. Flagship Harbor Advisors LLC bought a new stake in shares of Cognizant Technology Solutions during the fourth quarter worth $28,000. Physician Wealth Advisors Inc. grew its holdings in shares of Cognizant Technology Solutions by 165.1% during the fourth quarter. Physician Wealth Advisors Inc. now owns 342 shares of the information technology service provider's stock worth $28,000 after purchasing an additional 213 shares during the last quarter. Finally, High Note Wealth LLC grew its holdings in shares of Cognizant Technology Solutions by 22,450.0% during the third quarter. High Note Wealth LLC now owns 451 shares of the information technology service provider's stock worth $30,000 after purchasing an additional 449 shares during the last quarter. Institutional investors own 92.44% of the company's stock.

Insider Transactions at Cognizant Technology Solutions

In related news, insider Surya Gummadi sold 1,728 shares of the firm's stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $83.06, for a total value of $143,527.68. Following the transaction, the insider owned 25,641 shares in the company, valued at $2,129,741.46. This trade represents a 6.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.32% of the stock is currently owned by corporate insiders.

Cognizant Technology Solutions Price Performance

Cognizant Technology Solutions stock opened at $54.63 on Tuesday. The business's 50-day simple moving average is $61.56 and its 200 day simple moving average is $71.91. The stock has a market cap of $26.13 billion, a price-to-earnings ratio of 12.01, a P/E/G ratio of 1.20 and a beta of 0.98. Cognizant Technology Solutions Corporation has a 12-month low of $54.26 and a 12-month 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 posted its quarterly earnings results on Wednesday, February 4th. The information technology service provider reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.03. The business had revenue of $5.33 billion for the quarter, compared to analysts' expectations of $5.31 billion. Cognizant Technology Solutions had a return on equity of 17.17% and a net margin of 10.56%.The firm's quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.21 earnings per share. Cognizant Technology Solutions has set its FY 2026 guidance at 5.560-5.700 EPS. As a group, research analysts anticipate that Cognizant Technology Solutions Corporation will post 5.65 earnings per share for the current year.

Cognizant Technology Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Wednesday, February 18th were issued a $0.33 dividend. This is a positive change from Cognizant Technology Solutions's previous quarterly dividend of $0.31. This represents a $1.32 annualized dividend and a yield of 2.4%. The ex-dividend date was Wednesday, February 18th. Cognizant Technology Solutions's dividend payout ratio (DPR) is 29.01%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on CTSH. UBS Group decreased their target price on Cognizant Technology Solutions from $67.00 to $64.00 and set a "neutral" rating on the stock in a report on Monday, April 13th. Citigroup decreased their target price on Cognizant Technology Solutions from $86.00 to $68.00 and set a "neutral" rating on the stock in a report on Tuesday, April 7th. Morgan Stanley set a $70.00 target price on Cognizant Technology Solutions in a report on Monday. Wedbush began coverage on Cognizant Technology Solutions in a report on Thursday, April 9th. They set a "neutral" rating and a $61.00 target price on the stock. Finally, Royal Bank Of Canada increased their target price on Cognizant Technology Solutions from $82.00 to $88.00 and gave the stock a "sector perform" rating in a report on Thursday, February 5th. Eight investment analysts have rated the stock with a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $83.72.

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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