Quantbot Technologies LP Takes $838,000 Position in DXC Technology Company. $DXC

Key Points

• Quantbot Technologies LP has acquired a new stake in DXC Technology Company, purchasing 49,141 shares valued at approximately $838,000 during the first quarter.
• Several institutional investors have increased their positions in DXC Technology, with American Century Companies Inc. raising its stake by 11.8%, now holding 6,503,675 shares valued at $110.89 million.
• DXC Technology reported $0.68 earnings per share for the last quarter, exceeding estimates, though its revenue declined by 2.4% year-over-year.

Quantbot Technologies LP purchased a new stake in shares of DXC Technology Company. (NYSE:DXC - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 49,141 shares of the company's stock, valued at approximately $838,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DXC. Byrne Asset Management LLC bought a new position in shares of DXC Technology in the 1st quarter worth about $33,000. Wealthquest Corp bought a new position in shares of DXC Technology in the 1st quarter worth about $49,000. Quarry LP increased its stake in shares of DXC Technology by 604.1% in the 4th quarter. Quarry LP now owns 3,978 shares of the company's stock worth $79,000 after acquiring an additional 3,413 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of DXC Technology by 37.4% in the 1st quarter. GAMMA Investing LLC now owns 4,507 shares of the company's stock worth $77,000 after acquiring an additional 1,226 shares in the last quarter. Finally, CHICAGO TRUST Co NA purchased a new stake in DXC Technology during the 1st quarter valued at about $183,000. 96.20% of the stock is currently owned by institutional investors.

DXC Technology Stock Performance

Shares of DXC traded down $0.10 on Thursday, reaching $14.21. The company's stock had a trading volume of 1,532,083 shares, compared to its average volume of 1,746,496. DXC Technology Company. has a 12-month low of $12.24 and a 12-month high of $24.83. The stock has a market capitalization of $2.54 billion, a P/E ratio of 6.90 and a beta of 1.18. The stock's 50 day simple moving average is $14.39 and its two-hundred day simple moving average is $15.79. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.22 and a quick ratio of 1.22.

DXC Technology (NYSE:DXC - Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.68 EPS for the quarter, topping analysts' consensus estimates of $0.64 by $0.04. The company had revenue of $3.16 billion for the quarter, compared to analysts' expectations of $3.06 billion. DXC Technology had a net margin of 2.96% and a return on equity of 18.59%. The firm's revenue was down 2.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.74 EPS. DXC Technology has set its Q2 2026 guidance at 0.650-0.750 EPS. FY 2026 guidance at 2.850-3.350 EPS. Research analysts forecast that DXC Technology Company. will post 3.35 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

DXC has been the topic of several recent analyst reports. Royal Bank Of Canada cut their price objective 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 reissued a "neutral" rating on shares of DXC Technology in a research report on Monday, May 12th. BMO Capital Markets cut their price objective 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. Wall Street Zen raised shares of DXC Technology from a "hold" rating to a "buy" rating in a research report on Sunday, July 20th. Finally, Morgan Stanley cut their price objective 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 analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, DXC Technology has an average rating of "Reduce" and an average price target of $15.60.

DXC Technology Company 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).