Cognizant Technology Solutions Corporation $CTSH Shares Purchased by Morningstar Investment Management LLC

Morningstar Investment Management LLC boosted its stake in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 152.1% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 132,839 shares of the information technology service provider’s stock after buying an additional 80,150 shares during the quarter. Morningstar Investment Management LLC’s holdings in Cognizant Technology Solutions were worth $8,150,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in CTSH. Brighton Jones LLC purchased a new position in Cognizant Technology Solutions in the 4th quarter valued at about $214,000. Geneos Wealth Management Inc. raised its holdings in Cognizant Technology Solutions by 118.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 569 shares of the information technology service provider’s stock valued at $44,000 after acquiring an additional 309 shares during the last quarter. Acadian Asset Management LLC acquired a new position in Cognizant Technology Solutions in the 1st quarter valued at $142,000. Cresset Asset Management LLC lifted its stake in shares of Cognizant Technology Solutions by 11.4% during the 2nd quarter. Cresset Asset Management LLC now owns 9,160 shares of the information technology service provider’s stock worth $715,000 after purchasing an additional 935 shares during the period. Finally, Jump Financial LLC lifted its position in Cognizant Technology Solutions by 231.4% during the second quarter. Jump Financial LLC now owns 29,667 shares of the information technology service provider’s stock worth $2,315,000 after buying an additional 20,716 shares during the period. Institutional investors and hedge funds own 92.44% of the company’s stock.

Cognizant Technology Solutions Stock Performance

Cognizant Technology Solutions stock opened at $45.45 on Friday. The firm has a market capitalization of $21.54 billion, a PE ratio of 9.88, a price-to-earnings-growth ratio of 0.94 and a beta of 0.87. Cognizant Technology Solutions Corporation has a one year low of $37.08 and a one year high of $87.03. The stock’s 50 day moving average price is $47.14 and its 200 day moving average price is $59.67. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.23 and a current ratio of 2.23.

Cognizant Technology Solutions (NASDAQ:CTSH) last issued its quarterly earnings data on Wednesday, April 29th. The information technology service provider reported $1.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.33 by $0.07. The company had revenue of $5.41 billion during the quarter, compared to the consensus estimate of $5.41 billion. Cognizant Technology Solutions had a net margin of 10.41% and a return on equity of 17.50%. Cognizant Technology Solutions’s revenue for the quarter was up 5.8% on a year-over-year basis. During the same quarter last year, the company earned $1.23 earnings per share. Cognizant Technology Solutions has set its FY 2026 guidance at 5.630-5.770 EPS. As a group, sell-side analysts expect that Cognizant Technology Solutions Corporation will post 5.7 EPS for the current fiscal year.

Cognizant Technology Solutions declared that its Board of Directors has approved a share repurchase program on Monday, May 18th that permits the company to repurchase $2.00 billion in outstanding shares. This repurchase authorization permits the information technology service provider to buy up to 9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Cognizant Technology Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Monday, May 18th were paid a $0.33 dividend. The ex-dividend date was Monday, May 18th. This represents a $1.32 annualized dividend and a dividend yield of 2.9%. Cognizant Technology Solutions’s dividend payout ratio is 28.70%.

Wall Street Analyst Weigh In

Several research firms have commented on CTSH. Nomura lowered their price target on Cognizant Technology Solutions from $93.00 to $74.00 and set a “buy” rating for the company in a report on Wednesday, July 1st. Wells Fargo & Company lowered their price target on Cognizant Technology Solutions from $83.00 to $61.00 and set an “overweight” rating for the company in a research report on Friday, July 10th. Wedbush upgraded Cognizant Technology Solutions from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $56.00 to $70.00 in a report on Monday, June 8th. Guggenheim reduced their price objective on Cognizant Technology Solutions from $85.00 to $80.00 and set a “buy” rating on the stock in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada set a $55.00 price objective on shares of Cognizant Technology Solutions in a research report on Friday. Ten equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat, Cognizant Technology Solutions presently has an average rating of “Hold” and an average price target of $62.00.

Key Cognizant Technology Solutions News

Here are the key news stories impacting Cognizant Technology Solutions this week:

• Positive Sentiment: Cognizant announced a strategic partnership with Gulf Edge to accelerate enterprise AI adoption in Southeast Asia, including Thailand. The deal highlights CTSH’s push into higher-growth AI services and could support longer-term revenue opportunities. Article Title
• Positive Sentiment: Investors appear to be buying ahead of Cognizant’s second-quarter earnings report on July 29, leaning on the company’s first-quarter momentum, which included revenue growth, strong bookings, and improved margin guidance. Article Title
• Positive Sentiment: Wall Street still broadly remains constructive: JPMorgan cut its price target to $55 from $74, but kept an overweight rating, while other recent analyst calls have been positive. That suggests expectations may be reset rather than deteriorating. Article Title
• Neutral Sentiment: Short-interest data did not show a meaningful change, so there is little evidence that the latest move is being driven by a short squeeze or bearish positioning.
• Negative Sentiment: The JPMorgan target cut reflects lower near-term upside expectations, and the stock remains well below its prior highs, which may temper enthusiasm if upcoming earnings disappoint.
• Negative Sentiment: Recent insider selling and mixed institutional ownership trends could be a modest headwind for sentiment, even though these factors do not appear to be the main driver today.

Cognizant Technology Solutions Profile

Cognizant Technology Solutions (NASDAQ: CTSH) is a global professional services company that provides information technology, consulting and business process services to large enterprises. Its core offerings include digital engineering, application development and maintenance, cloud migration and managed services, data analytics and artificial intelligence, cybersecurity, and industry-specific solutions. Cognizant works with clients to design and implement technology-enabled transformations that address customer experience, operational efficiency and new product and service delivery.

Founded in the 1990s and headquartered in Teaneck, New Jersey, Cognizant has grown into a multinational organization with delivery centers and operations across the Americas, Europe, and Asia.