B. Metzler seel. Sohn & Co. AG Grows Stock Position in Cognizant Technology Solutions Corporation $CTSH

B. Metzler seel. Sohn & Co. AG boosted its holdings in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 56.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 31,038 shares of the information technology service provider’s stock after acquiring an additional 11,168 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Cognizant Technology Solutions were worth $2,082,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. High Note Wealth LLC increased its position in shares of Cognizant Technology Solutions by 22,450.0% during the 3rd quarter. High Note Wealth LLC now owns 451 shares of the information technology service provider’s stock worth $30,000 after purchasing an additional 449 shares during the last quarter. New Millennium Group LLC acquired a new position in Cognizant Technology Solutions in the third quarter valued at about $34,000. Geneos Wealth Management Inc. boosted its stake in Cognizant Technology Solutions by 118.8% during the first quarter. Geneos Wealth Management Inc. now owns 569 shares of the information technology service provider’s stock worth $44,000 after buying an additional 309 shares during the period. Winnow Wealth LLC acquired a new stake in shares of Cognizant Technology Solutions during the third quarter valued at about $39,000. Finally, E Fund Management Hong Kong Co. Ltd. increased its position in shares of Cognizant Technology Solutions by 267.7% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 603 shares of the information technology service provider’s stock valued at $40,000 after acquiring an additional 439 shares during the last quarter. Institutional investors and hedge funds own 92.44% of the company’s stock.

Cognizant Technology Solutions Stock Down 2.6%

Shares of NASDAQ CTSH opened at $62.98 on Wednesday. The stock has a market cap of $30.12 billion, a P/E ratio of 13.84, a PEG ratio of 1.40 and a beta of 0.99. The business’s fifty day simple moving average is $75.34 and its 200-day simple moving average is $74.10. Cognizant Technology Solutions Corporation has a 12-month low of $60.03 and a 12-month high of $87.03. The company has a current ratio of 2.14, a quick ratio of 2.14 and a debt-to-equity ratio of 0.04.

Cognizant Technology Solutions (NASDAQ:CTSH) last released its earnings results on Wednesday, February 4th. The information technology service provider reported $1.35 EPS for the quarter, topping the consensus estimate of $1.32 by $0.03. Cognizant Technology Solutions had a return on equity of 17.17% and a net margin of 10.56%.The firm had revenue of $5.33 billion during the quarter, compared to analysts’ expectations of $5.31 billion. During the same period in the previous year, the firm posted $1.21 EPS. Cognizant Technology Solutions’s revenue for the quarter was up 4.9% on a year-over-year basis. Cognizant Technology Solutions has set its FY 2026 guidance at 5.560-5.700 EPS. As a group, equities analysts predict that Cognizant Technology Solutions Corporation will post 4.98 EPS for the current fiscal year.

Cognizant Technology Solutions Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 26th. Investors of record on Wednesday, February 18th were paid a $0.33 dividend. This is an increase from Cognizant Technology Solutions’s previous quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Wednesday, February 18th. Cognizant Technology Solutions’s payout ratio is presently 29.01%.

Insider Buying and Selling at Cognizant Technology Solutions

In related news, CEO Ravi Kumar Singisetti sold 2,950 shares of the stock in a transaction on Friday, December 19th. The stock was sold at an average price of $85.06, for a total value of $250,927.00. Following the transaction, the chief executive officer owned 75,209 shares of the company’s stock, valued at $6,397,277.54. This represents a 3.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Surya Gummadi sold 1,728 shares of the firm’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $83.06, for a total value of $143,527.68. Following the completion of the sale, the insider owned 25,641 shares in the company, valued at approximately $2,129,741.46. This represents a 6.31% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 23,809 shares of company stock valued at $2,010,778. Insiders own 0.32% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on CTSH shares. Wells Fargo & Company restated an “overweight” rating and issued a $98.00 price objective (up from $87.00) on shares of Cognizant Technology Solutions in a report on Wednesday, January 14th. William Blair upgraded Cognizant Technology Solutions from a “market perform” rating to an “outperform” rating in a research note on Friday, November 21st. Argus upgraded Cognizant Technology Solutions to a “hold” rating in a research report on Tuesday, February 10th. Weiss Ratings raised Cognizant Technology Solutions from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, February 6th. Finally, Susquehanna reissued a “positive” rating and set a $98.00 target price on shares of Cognizant Technology Solutions in a research note on Friday, January 23rd. Ten equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $90.17.

Cognizant Technology Solutions Company Profile

Cognizant Technology Solutions (NASDAQ: CTSH) is a global professional services company that provides information technology, consulting and business process services to large enterprises. Its core offerings include digital engineering, application development and maintenance, cloud migration and managed services, data analytics and artificial intelligence, cybersecurity, and industry-specific solutions. Cognizant works with clients to design and implement technology-enabled transformations that address customer experience, operational efficiency and new product and service delivery.

Founded in the 1990s and headquartered in Teaneck, New Jersey, Cognizant has grown into a multinational organization with delivery centers and operations across the Americas, Europe, and Asia.