79,362 Shares in DXC Technology Company. $DXC Acquired by Jupiter Topco LLC

Jupiter Topco LLC acquired a new stake in DXC Technology Company. (NYSE:DXC) during the 2nd quarter, HoldingsChannel reports. The firm acquired 79,362 shares of the company’s stock, valued at approximately $703,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. BlackRock Inc. raised its stake in shares of DXC Technology by 21.5% in the second quarter. BlackRock Inc. now owns 28,276,735 shares of the company’s stock valued at $250,249,000 after buying an additional 4,994,936 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of DXC Technology by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 10,029,966 shares of the company’s stock valued at $126,068,000 after buying an additional 258,819 shares during the last quarter. FIL Ltd grew its stake in shares of DXC Technology by 0.7% during the 4th quarter. FIL Ltd now owns 6,383,750 shares of the company’s stock worth $93,522,000 after acquiring an additional 45,015 shares during the period. State Street Corp increased 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 last quarter. Finally, AQR Capital Management LLC increased its holdings in DXC Technology by 6.4% in the 4th quarter. AQR Capital Management LLC now owns 4,750,808 shares of the company’s stock worth $69,599,000 after acquiring an additional 287,441 shares during the last quarter. 96.20% of the stock is owned by institutional investors.

DXC Technology Price Performance

DXC stock opened at $11.64 on Monday. The firm has a 50 day moving average of $10.40 and a 200-day moving average of $10.80. The firm has a market capitalization of $1.86 billion, a P/E ratio of 16.63 and a beta of 0.80. DXC Technology Company. has a 12 month low of $7.90 and a 12 month high of $15.68. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.90.

DXC Technology (NYSE:DXC) last posted its earnings results on Thursday, July 30th. The company reported $0.40 earnings per share 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 firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $2.99 billion. During the same period last year, the company posted $0.68 EPS. The business’s revenue was down 5.0% on a year-over-year basis. DXC Technology has set its Q2 2027 guidance at 0.550-0.550 EPS. As a group, sell-side analysts predict that DXC Technology Company. will post 2.61 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms have commented on DXC. Zacks Research raised shares of DXC Technology from a “strong sell” rating to a “hold” rating in a report on Monday, July 13th. Stifel Nicolaus lowered their price target on shares of DXC Technology from $12.00 to $10.50 and set a “hold” rating on the stock in a research report on Friday, July 31st. Morgan Stanley set a $12.00 price target on shares of DXC Technology in a research report on Monday, August 3rd. BMO Capital Markets dropped their price target on shares of DXC Technology from $17.00 to $10.00 and set a “market perform” rating on the stock in a research note on Monday, May 11th. Finally, TD Cowen boosted their target price on shares of DXC Technology from $10.00 to $12.00 and gave the company a “hold” rating in a report on Monday, August 3rd. Seven analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average target price of $12.21.

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.