DXC Technology Company. $DXC Shares Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS grew its position in DXC Technology Company. (NYSE:DXC) by 7.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,300 shares of the company’s stock after purchasing an additional 3,400 shares during the quarter. KLP Kapitalforvaltning AS’s holdings in DXC Technology were worth $754,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of DXC. GAMMA Investing LLC raised its stake in DXC Technology by 37.4% during 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. Exchange Traded Concepts LLC increased its stake in shares of DXC Technology by 15.0% during the first quarter. Exchange Traded Concepts LLC now owns 56,029 shares of the company’s stock worth $955,000 after acquiring an additional 7,296 shares during the period. Janney Montgomery Scott LLC increased its stake in shares of DXC Technology by 15.1% during the first quarter. Janney Montgomery Scott LLC now owns 20,767 shares of the company’s stock worth $354,000 after acquiring an additional 2,724 shares during the period. Wealthquest Corp acquired a new position in shares of DXC Technology during the first quarter worth about $49,000. Finally, Robeco Institutional Asset Management B.V. boosted its holdings in DXC Technology by 4.7% during the first quarter. Robeco Institutional Asset Management B.V. now owns 367,646 shares of the company’s stock worth $6,268,000 after buying an additional 16,469 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors and hedge funds.

DXC Technology Trading Down 2.1%

NYSE DXC opened at $12.83 on Friday. DXC Technology Company. has a 12 month low of $12.24 and a 12 month high of $24.83. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.22 and a quick ratio of 1.22. The company has a market capitalization of $2.30 billion, a price-to-earnings ratio of 6.23 and a beta of 1.12. The company’s fifty day moving average price is $13.86 and its two-hundred day moving average price is $14.67.

DXC Technology (NYSE:DXC) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.68 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 firm had revenue of $3.16 billion for the quarter, compared to the consensus estimate of $3.06 billion. During the same period in the prior year, the firm posted $0.74 EPS. The firm’s revenue was down 2.4% compared to the same quarter last year. DXC Technology has set its Q2 2026 guidance at 0.650-0.750 EPS. FY 2026 guidance at 2.850-3.350 EPS. As a group, research analysts predict that DXC Technology Company. will post 3.35 earnings per share for the current fiscal year.

Insider Buying and Selling

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

Analysts Set New Price Targets

DXC has been the topic of a number of research analyst reports. Royal Bank Of Canada decreased 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 report on Friday, August 1st. JPMorgan Chase & Co. cut their price objective on shares of DXC Technology from $18.00 to $14.00 and set an “underweight” rating for the company in a research report on Wednesday, August 20th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of DXC Technology in a research report on Wednesday, October 8th. Morgan Stanley dropped 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 research report on Friday, August 1st. Finally, Wall Street Zen raised shares of DXC Technology from a “hold” rating to a “buy” rating in a research report on Sunday, July 20th. Five analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $15.60.

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).