UBS Group AG cut its stake in DXC Technology Company. (NYSE:DXC – Free Report) by 22.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,585,845 shares of the company’s stock after selling 461,550 shares during the quarter. UBS Group AG’s holdings in DXC Technology were worth $23,233,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in DXC. EverSource Wealth Advisors LLC increased its holdings in shares of DXC Technology by 240.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,737 shares of the company’s stock valued at $27,000 after acquiring an additional 1,227 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of DXC Technology by 38.2% in the 3rd quarter. Smartleaf Asset Management LLC now owns 2,814 shares of the company’s stock valued at $38,000 after acquiring an additional 778 shares during the period. Headlands Technologies LLC purchased a new position in shares of DXC Technology in the 2nd quarter valued at $39,000. Rothschild Investment LLC increased its holdings in shares of DXC Technology by 609.8% in the 3rd quarter. Rothschild Investment LLC now owns 2,981 shares of the company’s stock valued at $41,000 after acquiring an additional 2,561 shares during the period. Finally, Signaturefd LLC increased its holdings in shares of DXC Technology by 867.1% in the 4th quarter. Signaturefd LLC now owns 2,824 shares of the company’s stock valued at $41,000 after acquiring an additional 2,532 shares during the period. 96.20% of the stock is currently owned by hedge funds and other institutional investors.
DXC Technology Price Performance
Shares of NYSE DXC opened at $9.45 on Monday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 1.35 and a current ratio of 1.36. The company has a market cap of $1.60 billion, a PE ratio of 157.42 and a beta of 0.85. The business has a 50-day simple moving average of $12.24 and a two-hundred day simple moving average of $13.41. DXC Technology Company. has a fifty-two week low of $8.40 and a fifty-two week high of $17.26.
DXC Technology News Roundup
Here are the key news stories impacting DXC Technology this week:
- Positive Sentiment: DXC beat fourth-quarter adjusted earnings estimates, reporting non-GAAP EPS of $0.77 versus $0.74 expected, while free cash flow rose to $713 million for the full year and the company repurchased $250 million of stock. DXC Technology Reports Fourth Quarter and Full Fiscal Year 2026 Results
- Neutral Sentiment: The company also posted strong bookings of $3.3 billion, with a book-to-bill ratio of 1.07x, suggesting demand was still adequate even as revenue softened. DXC Technology Reports Fourth Quarter and Full Fiscal Year 2026 Results
- Negative Sentiment: Revenue fell 1.2% year over year in the quarter, and management signaled ongoing weakness in demand, which tempered the benefit of the earnings beat. DXC Technology Q4 Earnings Beat Estimates, Revenues Decline Y/Y
- Negative Sentiment: FY2027 guidance came in below Wall Street expectations, with management forecasting organic revenue decline of 3% to 5% and EPS of $2.40 to $2.90 versus a higher consensus estimate, raising concerns about next year’s growth trajectory. DXC forecasts FY 2027 organic revenue decline of 3%-5% with EPS of $2.40-$2.90
- Negative Sentiment: Reports that DXC employees have begun strike action add an operational risk that could further weigh on sentiment if service disruption continues. DXC employees commence strike action
Analysts Set New Price Targets
A number of research analysts have recently issued reports on the company. Wolfe Research set a $13.00 price target on DXC Technology and gave the company an “underperform” rating in a report on Friday, January 30th. BMO Capital Markets lifted their price target on DXC Technology from $15.00 to $17.00 and gave the company a “market perform” rating in a report on Tuesday, February 3rd. Zacks Research lowered DXC Technology from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 3rd. Stifel Nicolaus set a $12.00 target price on DXC Technology in a research report on Friday. Finally, Wall Street Zen downgraded DXC Technology from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Eight investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $14.38.
View Our Latest Stock Report on DXC Technology
DXC Technology Profile
DXC Technology, headquartered in Tysons Corner, Virginia, is a global leader in IT services and solutions. The company was formed in 2017 through the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise, combining decades of experience in consulting, systems integration and managed services. Since its inception, DXC has focused on helping clients modernize IT environments and drive digital transformation across their organizations.
DXC Technology’s core service offerings encompass cloud and platform services, applications and analytics, security, and workplace and mobility solutions.
See Also
- Five stocks we like better than DXC Technology
- 3 Companies Quietly Essential to Data Center and AI Operations
- Beyond NVIDIA: Picks-and-Shovels AI Plays with Strong Momentum
- Quantum Earnings Season Is Ramping Up—What to Watch From 2 Major Players
- Flutter Sees Post-Earnings Boost as FanDuel Shows Signs of Recovery
Want to see what other hedge funds are holding DXC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for DXC Technology Company. (NYSE:DXC – Free Report).
Receive News & Ratings for DXC Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DXC Technology and related companies with MarketBeat.com's FREE daily email newsletter.
