DXC Technology Company. $DXC Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas boosted its holdings in DXC Technology Company. (NYSE:DXC) by 8.8% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 85,464 shares of the company’s stock after acquiring an additional 6,927 shares during the period. Teacher Retirement System of Texas’ holdings in DXC Technology were worth $1,307,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Signaturefd LLC lifted its holdings in DXC Technology by 187.3% in the second quarter. Signaturefd LLC now owns 3,054 shares of the company’s stock valued at $47,000 after acquiring an additional 1,991 shares during the last quarter. Wealthquest Corp acquired a new position in DXC Technology in the first quarter valued at approximately $49,000. GAMMA Investing LLC lifted its holdings in DXC Technology by 37.4% in the first quarter. GAMMA Investing LLC now owns 4,507 shares of the company’s stock valued at $77,000 after acquiring an additional 1,226 shares during the last quarter. Parallel Advisors LLC lifted its holdings in DXC Technology by 273.9% in the second quarter. Parallel Advisors LLC now owns 6,218 shares of the company’s stock valued at $95,000 after acquiring an additional 4,555 shares during the last quarter. Finally, Hennessy Advisors Inc. acquired a new position in DXC Technology in the second quarter valued at approximately $97,000. 96.20% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

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

Wall Street Analyst Weigh In

A number of analysts have issued reports on DXC shares. Morgan Stanley cut their target price on DXC Technology from $16.00 to $15.00 and set an “equal weight” rating on the stock in a research report on Friday, August 1st. Stifel Nicolaus dropped their target price on DXC Technology from $15.00 to $14.00 and set a “hold” rating on the stock in a report on Friday, October 31st. Royal Bank Of Canada dropped their price objective on DXC Technology from $18.00 to $16.00 and set a “sector perform” rating on the stock in a report on Friday, August 1st. Weiss Ratings reissued a “sell (d)” rating on shares of DXC Technology in a report on Wednesday, October 8th. Finally, JPMorgan Chase & Co. lowered their price objective on DXC Technology from $18.00 to $14.00 and set an “underweight” rating on the stock in a report on Wednesday, August 20th. Six equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $15.00.

DXC Technology Trading Up 2.0%

Shares of DXC Technology stock opened at $13.81 on Thursday. The company has a debt-to-equity ratio of 0.90, a current ratio of 1.22 and a quick ratio of 1.22. DXC Technology Company. has a 1 year low of $12.24 and a 1 year high of $24.83. The company has a market capitalization of $2.47 billion, a P/E ratio of 6.70 and a beta of 1.12. The business has a 50 day moving average price of $13.74 and a 200 day moving average price of $14.49.

DXC Technology (NYSE:DXC) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.13. The firm had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.17 billion. DXC Technology had a return on equity of 18.59% and a net margin of 2.96%.The company’s quarterly revenue was down 2.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.93 EPS. DXC Technology has set its FY 2026 guidance at 2.850-3.35 EPS. Q3 2026 guidance at 0.750-0.85 EPS. Sell-side analysts anticipate 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).