Cognizant Technology Solutions Corporation $CTSH Stock Acquired by Parcion Private Wealth LLC

Parcion Private Wealth LLC lifted its position in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 21.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,401 shares of the information technology service provider’s stock after buying 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 Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Essential Investment Partners LLC increased its position in shares of Cognizant Technology Solutions by 18.9% during the 3rd quarter. Essential Investment Partners LLC now owns 10,433 shares of the information technology service provider’s stock worth $599,000 after purchasing an additional 1,655 shares during the last quarter. Pinnacle Wealth Planning Services Inc. lifted its position in Cognizant Technology Solutions by 181.4% in the third quarter. Pinnacle Wealth Planning Services Inc. now owns 1,227 shares of the information technology service provider’s stock valued at $70,000 after buying an additional 791 shares during the last quarter. Moody Aldrich Partners LLC acquired a new position in Cognizant Technology Solutions in the third quarter valued at about $3,272,000. Generali Asset Management SPA SGR boosted its stake in Cognizant Technology Solutions by 1.5% during the third quarter. Generali Asset Management SPA SGR now owns 48,362 shares of the information technology service provider’s stock worth $2,778,000 after buying an additional 698 shares during the period. Finally, Park Avenue Securities LLC boosted its stake in Cognizant Technology Solutions by 19.7% during the third quarter. Park Avenue Securities LLC now owns 12,001 shares of the information technology service provider’s stock worth $689,000 after buying an additional 1,977 shares during the period. Hedge funds and other institutional investors own 92.44% of the company’s stock.

Wall Street Analyst Weigh In

CTSH has been the topic of several recent analyst reports. Wells Fargo & Company increased their target price on Cognizant Technology Solutions from $67.00 to $77.00 and gave the company an “overweight” rating in a report on Monday, October 26th. Mizuho set a $64.00 price target on Cognizant Technology Solutions in a report on Thursday, August 6th. Daiwa Securities Group upped their price objective on Cognizant Technology Solutions from $42.00 to $60.00 and gave the stock a “neutral” rating in a research report on Friday, September 25th. JPMorgan Chase & Co. increased their price objective on Cognizant Technology Solutions from $67.00 to $78.00 and gave the company an “overweight” rating in a report on Monday, October 26th. Finally, TD Cowen reiterated a “hold” rating and issued a $60.00 price objective (up from $54.00) on shares of Cognizant Technology Solutions in a report on Tuesday, October 13th. Ten investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $67.96.

Cognizant Technology Solutions News Roundup

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.

Cognizant Technology Solutions Stock Performance

Shares of CTSH stock opened at $65.11 on Friday. The stock’s 50-day moving average is $62.20 and its two-hundred day moving average is $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 Corporation has a 1 year low of $37.08 and a 1 year high of $87.03. The firm has a market cap of $29.33 billion, a price-to-earnings ratio of 11.88, a PEG ratio of 1.17 and a beta of 0.86.

Cognizant Technology Solutions (NASDAQ:CTSH) last posted its earnings results on Thursday, October 29th. The information technology service provider reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.46 by $0.03. The business had revenue of $5.66 billion during 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 quarterly revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.39 EPS. Analysts predict that Cognizant Technology Solutions Corporation will post 5.75 earnings per share for the current year.

Cognizant Technology Solutions Announces Dividend

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

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.