Voya Investment Management LLC Has $5.64 Million Holdings in DXC Technology Company. $DXC

Key Points

• Voya Investment Management LLC significantly increased its stake in DXC Technology, raising it by 42.6% to approximately $5.64 million by owning 330,784 shares.
• Several other institutional investors have made moves regarding DXC, with Allspring Global Investments increasing its position by 323.4%, reflecting strong interest in the company.
• Wall Street analysts have mixed sentiments, with some upgrading DXC to a "buy" while others lowered target prices, resulting in an average rating of "Reduce" and a price target of $15.60.

Voya Investment Management LLC raised its stake in DXC Technology Company. (NYSE:DXC - Free Report) by 42.6% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 330,784 shares of the company's stock after acquiring an additional 98,826 shares during the period. Voya Investment Management LLC owned 0.18% of DXC Technology worth $5,640,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in DXC. Byrne Asset Management LLC acquired a new stake in DXC Technology in the first quarter worth $33,000. Wealthquest Corp acquired a new stake in shares of DXC Technology in the 1st quarter worth about $49,000. GAMMA Investing LLC lifted its position in DXC Technology by 37.4% in the 1st quarter. GAMMA Investing LLC now owns 4,507 shares of the company's stock valued at $77,000 after purchasing an additional 1,226 shares during the last quarter. CHICAGO TRUST Co NA acquired a new position in DXC Technology during the 1st quarter valued at about $183,000. Finally, Cetera Investment Advisers bought a new position in DXC Technology in the 1st quarter worth about $198,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other DXC Technology news, SVP Christopher Anthony Voci sold 2,500 shares of the company's stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $14.52, for a total value of $36,300.00. Following the transaction, the senior vice president directly owned 91,105 shares of the company's stock, valued at $1,322,844.60. This represents a 2.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.61% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DXC. JPMorgan Chase & Co. reduced their price objective on DXC Technology from $18.00 to $14.00 and set an "underweight" rating for the company in a research report on Wednesday, August 20th. Morgan Stanley reduced their price objective 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. Wall Street Zen raised shares of DXC Technology from a "hold" rating to a "buy" rating in a research note on Sunday, July 20th. Finally, Royal Bank Of Canada reduced their price target on shares of DXC Technology from $18.00 to $16.00 and set a "sector perform" rating for the company in a research note on Friday, August 1st. Five research 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 presently has a consensus rating of "Reduce" and an average price target of $15.60.

DXC Technology Stock Up 3.8%

NYSE:DXC traded up $0.52 during trading hours on Monday, hitting $14.31. 1,842,805 shares of the stock traded hands, compared to its average volume of 1,672,817. The firm has a 50 day moving average price of $14.04 and a 200 day moving average price of $15.11. The firm has a market cap of $2.56 billion, a price-to-earnings ratio of 6.95 and a beta of 1.16. DXC Technology Company. has a fifty-two week low of $12.24 and a fifty-two week high of $24.83. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.90.

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

About DXC Technology

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).