LSV Asset Management Has $52.47 Million Holdings in DXC Technology Company. $DXC

LSV Asset Management lessened its holdings in DXC Technology Company. (NYSE:DXC) by 4.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,581,216 shares of the company’s stock after selling 176,846 shares during the period. LSV Asset Management’s holdings in DXC Technology were worth $52,465,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Vanguard Group Inc. raised its holdings in DXC Technology by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 23,452,271 shares of the company’s stock worth $319,654,000 after acquiring an additional 800,973 shares during the period. American Century Companies Inc. raised its holdings in DXC Technology by 8.5% in the 3rd quarter. American Century Companies Inc. now owns 7,591,818 shares of the company’s stock worth $103,476,000 after acquiring an additional 596,475 shares during the period. State Street Corp raised its holdings in DXC Technology by 2.1% in the 2nd quarter. State Street Corp now owns 6,381,982 shares of the company’s stock worth $97,581,000 after acquiring an additional 128,916 shares during the period. AQR Capital Management LLC raised its holdings in DXC Technology by 13.5% in the 3rd quarter. AQR Capital Management LLC now owns 4,463,367 shares of the company’s stock worth $60,836,000 after acquiring an additional 529,394 shares during the period. Finally, UBS Group AG raised its holdings in DXC Technology by 131.2% in the 3rd quarter. UBS Group AG now owns 2,047,395 shares of the company’s stock worth $27,906,000 after acquiring an additional 1,161,879 shares during the period. Institutional investors and hedge funds own 96.20% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently commented on the stock. Wolfe Research set a $13.00 target price on shares of DXC Technology and gave the stock an “underperform” rating in a report on Friday, January 30th. Wall Street Zen downgraded shares of DXC Technology from a “buy” rating to a “hold” rating in a report on Saturday, March 28th. Zacks Research downgraded shares of DXC Technology from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 12th. Morgan Stanley dropped their target price on shares of DXC Technology from $15.00 to $9.00 and set an “equal weight” rating on the stock in a report on Thursday, May 14th. Finally, BMO Capital Markets dropped their target price on shares of DXC Technology from $17.00 to $10.00 and set a “market perform” rating on the stock in a report on Monday, May 11th. Six equities research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat, DXC Technology has a consensus rating of “Reduce” and an average price target of $12.75.

Insiders Place Their Bets

In other DXC Technology news, CEO Raul J. Fernandez bought 28,051 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of $8.90 per share, with a total value of $249,653.90. Following the completion of the purchase, the chief executive officer directly owned 844,052 shares in the company, valued at $7,512,062.80. The trade was a 3.44% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.61% of the stock is currently owned by insiders.

DXC Technology Stock Performance

NYSE DXC opened at $9.51 on Monday. The stock has a market cap of $1.55 billion, a P/E ratio of 158.48 and a beta of 0.85. The company’s 50-day simple moving average is $11.46 and its 200 day simple moving average is $13.07. DXC Technology Company. has a twelve month low of $7.90 and a twelve month high of $16.45. The company has a quick ratio of 1.36, a current ratio of 1.36 and a debt-to-equity ratio of 0.94.

DXC Technology (NYSE:DXC) last posted its earnings results on Thursday, May 7th. The company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.07. The business had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.17 billion. DXC Technology had a net margin of 0.14% and a return on equity of 17.24%. The firm’s revenue for the quarter was down 1.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.84 earnings per share. DXC Technology has set its Q1 2027 guidance at 0.400-0.400 EPS and its FY 2027 guidance at 2.400-2.900 EPS. As a group, research analysts forecast that DXC Technology Company. will post 2.64 earnings per share for the current fiscal year.

DXC Technology Company 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.