Nuveen LLC Takes $10.83 Million Position in DXC Technology Company. $DXC

Nuveen LLC purchased a new position in shares of DXC Technology Company. (NYSE:DXC) during the 1st quarter, HoldingsChannel reports. The institutional investor purchased 635,189 shares of the company’s stock, valued at approximately $10,830,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DXC. LSV Asset Management boosted its holdings in DXC Technology by 22.7% during the first quarter. LSV Asset Management now owns 4,151,398 shares of the company’s stock worth $70,781,000 after purchasing an additional 769,026 shares during the last quarter. AQR Capital Management LLC boosted its holdings in DXC Technology by 43.8% during the fourth quarter. AQR Capital Management LLC now owns 1,943,649 shares of the company’s stock worth $38,834,000 after purchasing an additional 591,841 shares during the last quarter. Deutsche Bank AG boosted its holdings in DXC Technology by 99.3% during the fourth quarter. Deutsche Bank AG now owns 1,173,407 shares of the company’s stock worth $23,445,000 after purchasing an additional 584,678 shares during the last quarter. Assenagon Asset Management S.A. boosted its holdings in DXC Technology by 44.9% during the first quarter. Assenagon Asset Management S.A. now owns 970,166 shares of the company’s stock worth $16,541,000 after purchasing an additional 300,590 shares during the last quarter. Finally, Edgestream Partners L.P. purchased a new position in DXC Technology during the first quarter worth about $4,534,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

DXC Technology Stock Performance

Shares of DXC stock opened at $14.2450 on Friday. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 6.92 and a beta of 1.18. 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 Company. has a 52 week low of $12.24 and a 52 week high of $24.83. The firm’s 50-day simple moving average is $14.46 and its two-hundred day simple moving average is $15.95.

DXC Technology (NYSE:DXC) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.68 earnings per share (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 company had revenue of $3.16 billion for the quarter, compared to analyst estimates of $3.06 billion. During the same quarter in the previous year, the firm posted $0.74 earnings per share. The company’s quarterly 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, equities analysts forecast that DXC Technology Company. will post 3.35 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on DXC shares. Morgan Stanley cut their price target on shares of DXC Technology from $16.00 to $15.00 and set an “equal weight” rating on the stock in a report on Friday, August 1st. JPMorgan Chase & Co. cut their price target on shares of DXC Technology from $18.00 to $14.00 and set an “underweight” rating on the stock in a report on Wednesday. Wall Street Zen raised shares of DXC Technology from a “hold” rating to a “buy” rating in a research report on Sunday, July 20th. Royal Bank Of Canada lowered 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 research report on Friday, August 1st. Finally, Guggenheim reaffirmed a “neutral” rating on shares of DXC Technology in a research report on Monday, May 12th. Five equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average 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).