11,946 Shares in Cognizant Technology Solutions Corporation $CTSH Bought by XXI Wealth LLC

XXI Wealth LLC bought a new stake in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 11,946 shares of the information technology service provider’s stock, valued at approximately $686,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Marquette Asset Management LLC lifted its stake in Cognizant Technology Solutions by 183.9% in the third quarter. Marquette Asset Management LLC now owns 545 shares of the information technology service provider’s stock worth $31,000 after acquiring an additional 353 shares during the period. Signature Equity Partners LLC boosted its holdings in Cognizant Technology Solutions by 102.4% in the first quarter. Signature Equity Partners LLC now owns 599 shares of the information technology service provider’s stock valued at $37,000 after acquiring an additional 303 shares in the last quarter. Pension & Wealth Management Advisors Inc. purchased a new position in Cognizant Technology Solutions during the 3rd quarter valued at $35,000. Alpine Bank Wealth Management purchased a new position in Cognizant Technology Solutions during the 3rd quarter valued at $38,000. Finally, SJS Investment Consulting Inc. increased its position in Cognizant Technology Solutions by 1,580.0% during the 1st quarter. SJS Investment Consulting Inc. now owns 840 shares of the information technology service provider’s stock valued at $52,000 after purchasing an additional 790 shares during the period. Institutional investors own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on CTSH shares. Guggenheim reaffirmed a “buy” rating and issued a $65.00 target price (down from $80.00) on shares of Cognizant Technology Solutions in a research report on Monday, July 27th. TD Cowen reiterated a “hold” rating and set a $60.00 price target (up from $54.00) on shares of Cognizant Technology Solutions in a research report on Tuesday, October 13th. Nomura decreased their price target on shares of Cognizant Technology Solutions from $93.00 to $74.00 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Wells Fargo & Company raised their price objective on shares of Cognizant Technology Solutions from $61.00 to $67.00 and gave the stock an “overweight” rating in a report on Thursday, July 30th. Finally, Robert W. Baird set a $68.00 price objective on Cognizant Technology Solutions in a research report on Thursday, July 30th. Ten analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Cognizant Technology Solutions presently has an average rating of “Hold” and an average price target of $64.70.

Cognizant Technology Solutions Stock Down 4.3%

CTSH traded down $3.18 during trading on Friday, reaching $70.54. The stock had a trading volume of 6,347,835 shares, compared to its average volume of 6,724,064. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $31.77 billion, a price-to-earnings ratio of 15.17, a P/E/G ratio of 1.38 and a beta of 0.86. The stock’s 50 day moving average is $61.58 and its two-hundred day moving average is $54.74. Cognizant Technology Solutions Corporation has a one year low of $37.08 and a one year high of $87.03.

Cognizant Technology Solutions (NASDAQ:CTSH) last announced its earnings results on Wednesday, July 29th. The information technology service provider reported $1.37 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.01). The business had revenue of $5.48 billion for the quarter, compared to the consensus estimate of $5.48 billion. Cognizant Technology Solutions had a net margin of 10.26% and a return on equity of 17.70%. The business’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter last year, the firm posted $1.31 EPS. Cognizant Technology Solutions has set its FY 2026 guidance at 5.700-5.820 EPS. As a group, analysts expect that Cognizant Technology Solutions Corporation will post 5.74 earnings per share for the current year.

Cognizant Technology Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Tuesday, August 18th were given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Tuesday, August 18th. Cognizant Technology Solutions’s dividend payout ratio (DPR) is 28.39%.

Key Stories Impacting Cognizant Technology Solutions

Here are the key news stories impacting Cognizant Technology Solutions this week:

• Positive Sentiment: Cognizant launched AI Nexus, a modular platform designed to help enterprises manage AI spending, quality and business outcomes. The product could strengthen the company’s AI-services offering and support demand for its consulting and implementation work. Introducing Cognizant AI Nexus
• Positive Sentiment: The planned acquisition of DyFlex Solutions would add SAP advisory, implementation and managed-services capabilities in Australia and New Zealand, potentially expanding Cognizant’s AI-led enterprise-transformation business. Wedbush said the deal could improve the company’s SAP and AI capabilities. Cognizant to Acquire DyFlex Solutions
• Positive Sentiment: Options activity showed elevated call buying, while several analysts maintain bullish ratings, including Buy or Overweight recommendations. These signals suggest some investors still expect upside.
• Neutral Sentiment: Analysts expect single-digit earnings growth in the upcoming report. However, the median recent price target of $69 is close to the stock’s trading level, indicating limited consensus upside at present.
• Negative Sentiment: Investors are reducing exposure ahead of earnings amid uncertainty about IT-services demand, AI spending and Cognizant’s near-term outlook. Recent commentary also suggests the company may not have the strongest setup for an earnings beat.
• Negative Sentiment: Broader weakness in technology shares and cooling enthusiasm for parts of the AI trade pressured consulting and IT-services companies, weighing on CTSH independently of company-specific developments.
• Negative Sentiment: Insiders reported nine open-market sales and no purchases over the past six months. In addition, a new credit agreement featuring a $550 million term loan and a $1.85 billion revolving facility has drawn attention to capital allocation and leverage.

About Cognizant Technology Solutions

Cognizant Technology Solutions Corporation is a global information technology services and consulting company that helps organizations modernize their technology infrastructure, operations and customer experiences. The company serves businesses across industries including financial services, healthcare, life sciences, manufacturing, retail and communications.

Cognizant’s services include consulting, application development and modernization, cloud computing, data and artificial intelligence, digital engineering, cybersecurity and business process services.