Cognizant Technology Solutions Corporation $CTSH Position Increased by Parcion Private Wealth LLC

Parcion Private Wealth LLC boosted its holdings in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 21.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 62,401 shares of the information technology service provider’s stock after purchasing an additional 10,841 shares during the period. Parcion Private Wealth LLC’s holdings in Cognizant Technology Solutions were worth $3,584,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of CTSH. Dimensional Fund Advisors LP raised its holdings in shares of Cognizant Technology Solutions by 3.6% in the first quarter. Dimensional Fund Advisors LP now owns 6,404,918 shares of the information technology service provider’s stock valued at $392,947,000 after buying an additional 222,819 shares during the last quarter. Amundi grew its holdings in shares of Cognizant Technology Solutions by 9.2% during the first quarter. Amundi now owns 6,177,881 shares of the information technology service provider’s stock worth $379,013,000 after buying an additional 520,532 shares during the last quarter. Hsbc Holdings PLC grew its holdings in shares of Cognizant Technology Solutions by 27.2% during the first quarter. Hsbc Holdings PLC now owns 3,471,681 shares of the information technology service provider’s stock worth $213,004,000 after buying an additional 742,466 shares during the last quarter. Artemis Investment Management LLP increased its position in Cognizant Technology Solutions by 289.6% in the 3rd quarter. Artemis Investment Management LLP now owns 2,905,584 shares of the information technology service provider’s stock valued at $166,897,000 after acquiring an additional 2,159,704 shares during the period. Finally, Pacer Advisors Inc. increased its position in Cognizant Technology Solutions by 25.8% in the 1st quarter. Pacer Advisors Inc. now owns 2,442,902 shares of the information technology service provider’s stock valued at $149,872,000 after acquiring an additional 500,886 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have commented on CTSH. Wedbush reaffirmed an “outperform” rating and set a $70.00 price objective on shares of Cognizant Technology Solutions in a research note on Friday, October 9th. Wells Fargo & Company lifted their target price on Cognizant Technology Solutions from $67.00 to $77.00 and gave the company an “overweight” rating in a research note on Monday, October 26th. Needham & Company LLC set a $78.00 target price on Cognizant Technology Solutions in a report on Monday. Robert W. Baird set a $68.00 price target on Cognizant Technology Solutions in a research note on Thursday, July 30th. Finally, Citigroup restated a “neutral” rating on shares of Cognizant Technology Solutions in a research note on Monday, October 19th. Ten research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to MarketBeat, Cognizant Technology Solutions has a consensus rating of “Hold” and an average target price of $67.96.

Cognizant Technology Solutions Stock Performance

Cognizant Technology Solutions stock opened at $65.11 on Friday. Cognizant Technology Solutions Corporation has a fifty-two week low of $37.08 and a fifty-two week high of $87.03. The company has a market capitalization of $29.33 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 1.17 and a beta of 0.86. The stock has a fifty day moving average of $62.20 and a two-hundred day moving average of $59.29. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.18 and a current ratio of 2.22.

Cognizant Technology Solutions (NASDAQ:CTSH) last issued its quarterly earnings data on Thursday, October 29th. The information technology service provider reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.03. The business had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.64 billion. Cognizant Technology Solutions had a return on equity of 17.72% and a net margin of 11.75%. The business’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.39 earnings per share. On average, analysts anticipate that Cognizant Technology Solutions Corporation will post 5.75 EPS for the current fiscal year.

Cognizant Technology Solutions Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, November 25th. Shareholders of record on Friday, November 13th will be issued a $0.33 dividend. This represents a $1.32 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Friday, November 13th. Cognizant Technology Solutions’s dividend payout ratio is 24.09%.

Key Stories Impacting Cognizant Technology Solutions

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

• Positive Sentiment: Third-quarter earnings exceeded expectations. Adjusted EPS was $1.49 versus the $1.46 consensus, while revenue reached $5.66 billion, slightly above estimates and 4.6% higher year over year. Adjusted operating margin expanded to 16.3%, and free cash flow totaled $1.58 billion. Cognizant Reports Third Quarter 2026 Results
• Positive Sentiment: Cognizant is scaling its OpenAI business. The company created an OpenAI Frontier Capability Group with more than 25,000 professionals to deliver products such as ChatGPT and Codex. The initiative could support future demand as enterprises move generative AI into production, although no immediate revenue impact was provided. Cognizant OpenAI announcement
• Positive Sentiment: Shareholder returns remain supportive. Cognizant declared a quarterly dividend of $0.33 per share and repurchased approximately $258 million of stock during the quarter.
• Neutral Sentiment: Analyst views are mixed. Morgan Stanley lowered its price target to $68 and maintained an “equal weight” rating, while RBC raised its target to $55 but kept a “sector perform” rating.
• Negative Sentiment: Bookings raised concerns about future growth. Third-quarter bookings declined 7% year over year, and roughly four percentage points of reported revenue growth came from acquisitions and resold products, implying slower underlying growth. Cognizant bookings and AI analysis
• Negative Sentiment: 2026 guidance was narrowed to a modest growth range. Cognizant now expects constant-currency revenue growth of 4.0% to 4.4%, while ETFs were reported as net sellers, adding near-term trading pressure.

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.