Cognizant Technology Solutions Corporation $CTSH Stock: Signaturefd LLC Increases Holdings

Signaturefd LLC boosted its stake in shares of Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 1,025.7% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 134,358 shares of the information technology service provider’s stock after buying an additional 122,423 shares during the period. Signaturefd LLC’s holdings in Cognizant Technology Solutions were worth $7,718,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of CTSH. BG Investment Services LLC acquired a new position in Cognizant Technology Solutions in the 3rd quarter worth $4,673,000. Citizens Financial Group Inc. RI increased its holdings in Cognizant Technology Solutions by 106.1% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 14,263 shares of the information technology service provider’s stock worth $819,000 after purchasing an additional 7,343 shares in the last quarter. Evergreen Capital Management LLC raised its stake in shares of Cognizant Technology Solutions by 6.4% in the 3rd quarter. Evergreen Capital Management LLC now owns 10,642 shares of the information technology service provider’s stock valued at $611,000 after purchasing an additional 642 shares during the period. Tectonic Advisors LLC raised its stake in shares of Cognizant Technology Solutions by 60.5% in the 3rd quarter. Tectonic Advisors LLC now owns 18,069 shares of the information technology service provider’s stock valued at $1,038,000 after purchasing an additional 6,813 shares during the period. Finally, Manchester Capital Management LLC lifted its holdings in shares of Cognizant Technology Solutions by 163.3% in the third quarter. Manchester Capital Management LLC now owns 1,256 shares of the information technology service provider’s stock valued at $72,000 after purchasing an additional 779 shares in the last quarter. Institutional investors own 92.44% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Nomura dropped their target price on Cognizant Technology Solutions from $93.00 to $74.00 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Robert W. Baird set a $68.00 price target on Cognizant Technology Solutions in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $70.00 price target (up from $65.00) on shares of Cognizant Technology Solutions in a research note on Friday, September 18th. Morgan Stanley reiterated a “negative” rating and issued a $51.00 price objective (up from $44.00) on shares of Cognizant Technology Solutions in a report on Thursday, July 30th. Finally, Wells Fargo & Company lifted their price objective on shares of Cognizant Technology Solutions from $61.00 to $67.00 and gave the company an “overweight” rating in a report on Thursday, July 30th. Ten research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Cognizant Technology Solutions currently has an average rating of “Hold” and an average target price of $64.70.

Cognizant Technology Solutions Stock Performance

CTSH opened at $70.54 on Friday. The business’s 50-day simple moving average is $61.58 and its 200 day simple moving average is $54.74. Cognizant Technology Solutions Corporation has a 52-week low of $37.08 and a 52-week high of $87.03. The company has a debt-to-equity ratio of 0.11, a quick ratio of 2.18 and a current ratio of 2.18. The firm has a market capitalization of $31.77 billion, a PE ratio of 15.17, a PEG ratio of 1.32 and a beta of 0.86.

Cognizant Technology Solutions (NASDAQ:CTSH) last posted its quarterly earnings results on Wednesday, July 29th. The information technology service provider reported $1.37 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.01). The company had revenue of $5.48 billion during the quarter, compared to the consensus estimate of $5.48 billion. Cognizant Technology Solutions had a net margin of 10.26% and a return on equity of 17.70%. The firm’s revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.31 earnings per share. Cognizant Technology Solutions has set its FY 2026 guidance at 5.700-5.820 EPS. As a group, sell-side analysts expect that Cognizant Technology Solutions Corporation will post 5.74 earnings per share for the current fiscal year.

Cognizant Technology Solutions Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Tuesday, August 18th were issued a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Tuesday, August 18th. Cognizant Technology Solutions’s payout ratio is presently 28.39%.

Key Stories Impacting Cognizant Technology Solutions

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

• Positive Sentiment: Cognizant launched AI Nexus, a modular platform designed to help enterprises manage AI spending, quality and business outcomes. The product could strengthen the company’s AI-services offering and support demand for its consulting and implementation work. Introducing Cognizant AI Nexus
• Positive Sentiment: The planned acquisition of DyFlex Solutions would add SAP advisory, implementation and managed-services capabilities in Australia and New Zealand, potentially expanding Cognizant’s AI-led enterprise-transformation business. Wedbush said the deal could improve the company’s SAP and AI capabilities. Cognizant to Acquire DyFlex Solutions
• Positive Sentiment: Options activity showed elevated call buying, while several analysts maintain bullish ratings, including Buy or Overweight recommendations. These signals suggest some investors still expect upside.
• Neutral Sentiment: Analysts expect single-digit earnings growth in the upcoming report. However, the median recent price target of $69 is close to the stock’s trading level, indicating limited consensus upside at present.
• Negative Sentiment: Investors are reducing exposure ahead of earnings amid uncertainty about IT-services demand, AI spending and Cognizant’s near-term outlook. Recent commentary also suggests the company may not have the strongest setup for an earnings beat.
• Negative Sentiment: Broader weakness in technology shares and cooling enthusiasm for parts of the AI trade pressured consulting and IT-services companies, weighing on CTSH independently of company-specific developments.
• Negative Sentiment: Insiders reported nine open-market sales and no purchases over the past six months. In addition, a new credit agreement featuring a $550 million term loan and a $1.85 billion revolving facility has drawn attention to capital allocation and leverage.

Cognizant Technology Solutions Company Profile

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.