Allianz Asset Management GmbH Grows Position in DXC Technology Company. $DXC

Allianz Asset Management GmbH grew its stake in shares of DXC Technology Company. (NYSE:DXC) by 18.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 668,978 shares of the company’s stock after purchasing an additional 103,092 shares during the quarter. Allianz Asset Management GmbH owned approximately 0.37% of DXC Technology worth $10,229,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Signaturefd LLC boosted its stake in shares of DXC Technology by 187.3% during the second quarter. Signaturefd LLC now owns 3,054 shares of the company’s stock valued at $47,000 after purchasing an additional 1,991 shares during the period. Wealthquest Corp purchased a new stake in shares of DXC Technology during the first quarter valued at approximately $49,000. GAMMA Investing LLC boosted its stake in shares of DXC Technology by 37.4% during the first quarter. GAMMA Investing LLC now owns 4,507 shares of the company’s stock valued at $77,000 after purchasing an additional 1,226 shares during the period. Parallel Advisors LLC boosted its stake in shares of DXC Technology by 273.9% during the second quarter. Parallel Advisors LLC now owns 6,218 shares of the company’s stock valued at $95,000 after purchasing an additional 4,555 shares during the period. Finally, Hennessy Advisors Inc. bought a new position in shares of DXC Technology during the second quarter valued at approximately $97,000. Hedge funds and other institutional investors own 96.20% of the company’s stock.

Insider Buying and Selling at DXC Technology

In other news, SVP Christopher Anthony Voci sold 2,500 shares of the firm’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $14.52, for a total transaction of $36,300.00. Following the completion of the transaction, the senior vice president directly owned 91,105 shares in the company, valued at $1,322,844.60. This trade represents a 2.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.61% of the stock is owned by insiders.

DXC Technology Price Performance

DXC opened at $13.29 on Wednesday. The stock has a fifty day simple moving average of $13.86 and a two-hundred day simple moving average of $14.58. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.90. The company has a market cap of $2.38 billion, a price-to-earnings ratio of 6.45 and a beta of 1.12. DXC Technology Company. has a 12-month low of $12.24 and a 12-month high of $24.83.

DXC Technology (NYSE:DXC) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.04. The business had revenue of $3.16 billion during the quarter, compared to the consensus estimate of $3.06 billion. DXC Technology had a return on equity of 18.59% and a net margin of 2.96%.The firm’s quarterly revenue was down 2.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.74 earnings per share. DXC Technology has set its Q2 2026 guidance at 0.650-0.750 EPS. FY 2026 guidance at 2.850-3.350 EPS. Research analysts predict that DXC Technology Company. will post 3.35 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Weiss Ratings restated a “sell (d)” rating on shares of DXC Technology in a report on Wednesday, October 8th. Morgan Stanley decreased their target price on DXC Technology from $16.00 to $15.00 and set an “equal weight” rating for the company in a report on Friday, August 1st. Royal Bank Of Canada decreased their target price on DXC Technology from $18.00 to $16.00 and set a “sector perform” rating for the company in a report on Friday, August 1st. Wall Street Zen upgraded DXC Technology from a “hold” rating to a “buy” rating in a report on Sunday, July 20th. Finally, JPMorgan Chase & Co. decreased their target price on DXC Technology from $18.00 to $14.00 and set an “underweight” rating for the company in a report on Wednesday, August 20th. Five investment analysts have rated the stock with a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $15.60.

About DXC Technology

DXC Technology Company, together with its subsidiaries, provides information technology services and solutions in the United States, the United Kingdom, rest of Europe, Australia, and internationally. It operates in two segments, Global Business Services (GBS) and Global Infrastructure Services (GIS).