Villanova Investment Management Co LLC Sells 32,569 Shares of DXC Technology Company. $DXC

Key Points

• Villanova Investment Management Co LLC has reduced its stake in DXC Technology by 46.7%, selling 32,569 shares and now owning 37,238 shares, valued at approximately $635,000.
• Multiple analysts have downgraded their price targets for DXC Technology, with BMO Capital Markets setting a new target of $17.00, while Morgan Stanley advocates a target of $15.00.
• DXC Technology reported quarterly earnings of $0.68 per share, exceeding analyst estimates, but its revenue for the quarter declined by 2.4% year-over-year, totaling $3.16 billion.

Villanova Investment Management Co LLC lessened its holdings in DXC Technology Company. (NYSE:DXC - Free Report) by 46.7% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 37,238 shares of the company's stock after selling 32,569 shares during the period. DXC Technology comprises approximately 1.8% of Villanova Investment Management Co LLC's holdings, making the stock its 24th biggest position. Villanova Investment Management Co LLC's holdings in DXC Technology were worth $635,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Bayforest Capital Ltd bought a new position in shares of DXC Technology in the 1st quarter worth approximately $303,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in DXC Technology by 4.9% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 735,597 shares of the company's stock worth $12,542,000 after acquiring an additional 34,544 shares in the last quarter. Caxton Associates LLP purchased a new stake in DXC Technology in the 1st quarter worth approximately $354,000. Goldman Sachs Group Inc. increased its holdings in DXC Technology by 4.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,239,558 shares of the company's stock worth $21,134,000 after acquiring an additional 49,228 shares in the last quarter. Finally, Millennium Management LLC increased its holdings in DXC Technology by 1,765.9% in the 1st quarter. Millennium Management LLC now owns 1,652,331 shares of the company's stock worth $28,172,000 after acquiring an additional 1,563,775 shares in the last quarter. Institutional investors own 96.20% of the company's stock.

Insiders Place Their Bets

In related news, SVP Christopher Anthony Voci sold 2,500 shares of the business's stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $14.52, for a total value of $36,300.00. Following the sale, the senior vice president owned 91,105 shares in the company, valued at approximately $1,322,844.60. The trade was a 2.67% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.61% of the company's stock.

Analyst Ratings Changes

DXC has been the subject of several analyst reports. Wall Street Zen raised shares of DXC Technology from a "hold" rating to a "buy" rating in a report on Sunday, July 20th. Royal Bank Of Canada reduced their target price on shares of DXC Technology from $18.00 to $16.00 and set a "sector perform" rating for the company in a report on Friday, August 1st. Morgan Stanley reduced their target price on shares of DXC Technology from $16.00 to $15.00 and set an "equal weight" rating for the company in a report on Friday, August 1st. Finally, JPMorgan Chase & Co. reduced their target price on shares of DXC Technology from $18.00 to $14.00 and set an "underweight" rating for the company in a report on Wednesday, August 20th. Five research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Reduce" and a consensus target price of $15.60.

DXC Technology Price Performance

DXC traded up $0.19 during trading on Tuesday, reaching $14.10. 631,122 shares of the company traded hands, compared to its average volume of 1,733,030. The company has a debt-to-equity ratio of 0.90, a quick ratio of 1.22 and a current ratio of 1.22. DXC Technology Company. has a 12-month low of $12.24 and a 12-month high of $24.83. The firm has a fifty day simple moving average of $14.14 and a 200 day simple moving average of $15.25. The company has a market cap of $2.52 billion, a P/E ratio of 6.84 and a beta of 1.16.

DXC Technology (NYSE:DXC - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.64 by $0.04. DXC Technology had a net margin of 2.96% and a return on equity of 18.59%. The business had revenue of $3.16 billion during the quarter, compared to analyst estimates of $3.06 billion. During the same period last year, the firm posted $0.74 EPS. The company'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. On average, equities analysts forecast that DXC Technology Company. will post 3.35 EPS for the current year.

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).