Sanctuary Advisors LLC Makes New $818,000 Investment in DXC Technology Company. $DXC

Sanctuary Advisors LLC bought a new stake in DXC Technology Company. (NYSE:DXC) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 92,471 shares of the company’s stock, valued at approximately $818,000.

Other large investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its position 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 purchasing an additional 1,227 shares during the period. Danske Bank A S raised its holdings in DXC Technology by 280.0% during the 4th quarter. Danske Bank A S now owns 1,900 shares of the company’s stock worth $28,000 after buying an additional 1,400 shares during the period. Fifth Third Bancorp raised its holdings in DXC Technology by 116.0% during the 4th quarter. Fifth Third Bancorp now owns 2,102 shares of the company’s stock worth $31,000 after buying an additional 1,129 shares during the period. Hantz Financial Services Inc. lifted its stake in DXC Technology by 110.5% in the fourth quarter. Hantz Financial Services Inc. now owns 2,185 shares of the company’s stock valued at $32,000 after buying an additional 1,147 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its stake in DXC Technology by 13,258.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 2,271 shares of the company’s stock valued at $33,000 after buying an additional 2,254 shares in the last quarter. 96.20% of the stock is currently owned by institutional investors.

DXC Technology Price Performance

Shares of DXC opened at $11.24 on Friday. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 0.90. DXC Technology Company. has a twelve month low of $7.90 and a twelve month high of $15.68. The stock has a market capitalization of $1.80 billion, a P/E ratio of 16.06 and a beta of 0.79. The company has a 50 day moving average of $10.09 and a 200-day moving average of $10.90.

DXC Technology (NYSE:DXC) last announced its quarterly earnings data on Thursday, July 30th. The company reported $0.40 EPS for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.01). DXC Technology had a return on equity of 15.60% and a net margin of 0.99%.The business had revenue of $3 billion during the quarter, compared to the consensus estimate of $2.99 billion. During the same period in the prior year, the firm earned $0.68 EPS. The business’s revenue for the quarter was down 5.0% compared to the same quarter last year. DXC Technology has set its Q2 2027 guidance at 0.550-0.550 EPS. As a group, equities research analysts forecast that DXC Technology Company. will post 2.61 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. TD Cowen raised their price objective on shares of DXC Technology from $10.00 to $12.00 and gave the stock a “hold” rating in a report on Monday, August 3rd. Zacks Research raised shares of DXC Technology from a “strong sell” rating to a “hold” rating in a research note on Monday, July 13th. Morgan Stanley set a $12.00 target price on DXC Technology in a report on Monday, August 3rd. Royal Bank Of Canada dropped their price target on DXC Technology from $16.00 to $14.00 and set a “sector perform” rating on the stock in a research note on Friday, July 31st. Finally, BMO Capital Markets cut their price target on DXC Technology from $17.00 to $10.00 and set a “market perform” rating on the stock in a report on Monday, May 11th. Seven analysts have rated the stock with a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $12.21.

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.