Nuveen LLC Takes $10.83 Million Position in DXC Technology Company. $DXC

Nuveen LLC purchased a new stake in shares of DXC Technology Company. (NYSE:DXC) in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 635,189 shares of the company’s stock, valued at approximately $10,830,000. Nuveen LLC owned about 0.35% of DXC Technology as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of the business. Covestor Ltd raised its stake in DXC Technology by 2.9% during the first quarter. Covestor Ltd now owns 35,789 shares of the company’s stock worth $610,000 after buying an additional 1,025 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new position in DXC Technology during the first quarter worth $3,670,000. New Age Alpha Advisors LLC bought a new position in DXC Technology during the first quarter worth $445,000. ING Groep NV bought a new position in DXC Technology during the first quarter worth $1,125,000. Finally, Raiffeisen Bank International AG raised its stake in DXC Technology by 39.9% during the first quarter. Raiffeisen Bank International AG now owns 33,892 shares of the company’s stock worth $579,000 after buying an additional 9,666 shares during the last quarter. Institutional investors own 96.20% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on DXC. Guggenheim reissued a “neutral” rating on shares of DXC Technology in a research note on Monday, May 12th. Wall Street Zen raised shares of DXC Technology from a “hold” rating to a “buy” rating in a research note on Sunday, July 20th. Royal Bank Of Canada lowered 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 research note on Friday, August 1st. BMO Capital Markets decreased their price target on shares of DXC Technology from $26.00 to $17.00 and set a “market perform” rating for the company in a research note on Thursday, May 15th. Finally, Morgan Stanley decreased their price target on shares of DXC Technology from $16.00 to $15.00 and set an “equal weight” rating for the company in a research note on Friday, August 1st. Five investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, DXC Technology has an average rating of “Reduce” and an average target price of $15.60.

DXC Technology Trading Up 3.9%

DXC opened at $14.2450 on Friday. DXC Technology Company. has a 1-year low of $12.24 and a 1-year 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. The company has a market cap of $2.55 billion, a P/E ratio of 6.92 and a beta of 1.18. The company has a fifty day moving average price of $14.46 and a two-hundred day moving average price of $15.95.

DXC Technology (NYSE:DXC) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.68 earnings per share for the quarter, beating the consensus estimate of $0.64 by $0.04. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.06 billion. DXC Technology had a net margin of 2.96% and a return on equity of 18.59%. The business’s revenue was down 2.4% compared to the same quarter last year. During the same period in the previous year, the firm 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. Analysts predict that DXC Technology Company. will post 3.35 EPS for the current fiscal 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).