75,492 Shares in DXC Technology Company. $DXC Acquired by Strs Ohio

Strs Ohio acquired a new position in DXC Technology Company. (NYSE:DXC) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 75,492 shares of the company’s stock, valued at approximately $1,287,000.

Other hedge funds also recently added to or reduced their stakes in the company. Principal Financial Group Inc. raised its holdings in DXC Technology by 2.4% in the 1st quarter. Principal Financial Group Inc. now owns 898,356 shares of the company’s stock worth $15,317,000 after acquiring an additional 20,957 shares during the last quarter. Nuveen LLC purchased a new position in DXC Technology in the 1st quarter worth approximately $10,830,000. Jump Financial LLC purchased a new position in DXC Technology in the 1st quarter worth approximately $1,898,000. XTX Topco Ltd purchased a new position in DXC Technology in the 1st quarter worth approximately $1,570,000. Finally, Allspring Global Investments Holdings LLC raised its stake in DXC Technology by 323.4% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 63,772 shares of the company’s stock valued at $1,106,000 after buying an additional 48,711 shares during the last quarter. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at DXC Technology

In other DXC Technology news, SVP Christopher Anthony Voci sold 2,500 shares of the stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $14.52, for a total transaction of $36,300.00. Following the completion of the transaction, the senior vice president 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.61% of the stock is owned by company insiders.

Analysts Set New Price Targets

A number of brokerages have weighed in on DXC. Royal Bank Of Canada decreased 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. Morgan Stanley decreased 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 research note on Friday, August 1st. Wall Street Zen upgraded shares of DXC Technology from a “hold” rating to a “buy” rating in a research note on Sunday, July 20th. Finally, JPMorgan Chase & Co. decreased their target price on shares of DXC Technology from $18.00 to $14.00 and set an “underweight” rating for the company in a research note on Wednesday, August 20th. Five equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $15.60.

DXC Technology Trading Down 0.4%

Shares of DXC stock opened at $14.01 on Thursday. The stock has a fifty day simple moving average of $14.07 and a two-hundred day simple moving average of $15.23. DXC Technology Company. has a 52-week low of $12.24 and a 52-week high of $24.83. The firm has a market capitalization of $2.51 billion, a PE ratio of 6.80 and a beta of 1.16. 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 (NYSE:DXC) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.68 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $3.06 billion. During the same quarter in the prior year, the firm earned $0.74 EPS. The business’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, analysts predict that DXC Technology Company. will post 3.35 EPS for the current fiscal 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).