AGF Management Ltd. Buys 52,367 Shares of DXC Technology Company. $DXC

AGF Management Ltd. increased its position in shares of DXC Technology Company. (NYSE:DXC) by 35.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 198,408 shares of the company’s stock after acquiring an additional 52,367 shares during the period. AGF Management Ltd. owned approximately 0.11% of DXC Technology worth $3,034,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. Maryland State Retirement & Pension System grew its position in DXC Technology by 1.1% in the second quarter. Maryland State Retirement & Pension System now owns 61,629 shares of the company’s stock worth $942,000 after acquiring an additional 691 shares in the last quarter. Yousif Capital Management LLC lifted its stake in DXC Technology by 1.1% during the second quarter. Yousif Capital Management LLC now owns 78,367 shares of the company’s stock worth $1,198,000 after purchasing an additional 833 shares during the last quarter. SummerHaven Investment Management LLC boosted its holdings in shares of DXC Technology by 2.4% in the 2nd quarter. SummerHaven Investment Management LLC now owns 42,730 shares of the company’s stock worth $653,000 after purchasing an additional 986 shares in the last quarter. Covestor Ltd increased its position in shares of DXC Technology by 2.9% during the 1st quarter. Covestor Ltd now owns 35,789 shares of the company’s stock valued at $610,000 after purchasing an additional 1,025 shares during the last quarter. Finally, CHICAGO TRUST Co NA raised its holdings in shares of DXC Technology by 13.1% during the 2nd quarter. CHICAGO TRUST Co NA now owns 12,141 shares of the company’s stock valued at $186,000 after buying an additional 1,402 shares in the last quarter. 96.20% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

DXC has been the subject of a number of research reports. Susquehanna set a $14.00 price objective on shares of DXC Technology and gave the company a “neutral” rating in a research note on Friday, October 31st. Stifel Nicolaus lowered their price target on shares of DXC Technology from $15.00 to $14.00 and set a “hold” rating for the company in a research note on Friday, October 31st. Morgan Stanley cut 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 report on Friday, August 1st. Wall Street Zen upgraded DXC Technology from a “hold” rating to a “buy” rating in a report on Sunday. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of DXC Technology in a research note on Wednesday, October 8th. Six equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, DXC Technology presently has a consensus rating of “Reduce” and an average target price of $15.00.

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 dated Thursday, September 11th. The stock was sold at an average price of $14.52, for a total transaction of $36,300.00. Following the completion of the sale, the senior vice president directly owned 91,105 shares in the company, valued at $1,322,844.60. The trade was a 2.67% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 0.61% of the company’s stock.

DXC Technology Trading Up 2.8%

NYSE:DXC opened at $13.54 on Tuesday. The firm has a market capitalization of $2.36 billion, a P/E ratio of 6.57 and a beta of 1.15. 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 one year low of $12.24 and a one year high of $23.75. The company’s 50-day simple moving average is $13.69 and its 200 day simple moving average is $14.46.

DXC Technology (NYSE:DXC) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.84 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.13. DXC Technology had a net margin of 2.96% and a return on equity of 18.59%. The company had revenue of $3.16 billion for the quarter, compared to analysts’ expectations of $3.17 billion. During the same quarter in the previous year, the business posted $0.93 EPS. DXC Technology’s revenue was down 2.5% compared to the same quarter last year. DXC Technology has set its FY 2026 guidance at 2.850-3.35 EPS. Q3 2026 guidance at 0.750-0.85 EPS. As a group, analysts forecast that DXC Technology Company. will post 3.35 EPS for the current fiscal year.

DXC Technology Company 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).