Wells Fargo & Company MN Reduces Position in DXC Technology (NYSE:DXC) (2025)

Posted by Defense World Staff on Apr 26th, 2025

Wells Fargo & Company MN Reduces Position in DXC Technology (NYSE:DXC) (1)Wells Fargo & Company MN reduced its position in DXC Technology (NYSE:DXCFree Report) by 15.8% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 116,345 shares of the company’s stock after selling 21,776 shares during the period. Wells Fargo & Company MN owned about 0.06% of DXC Technology worth $2,325,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DXC. Barclays PLC grew its position in DXC Technology by 273.6% during the third quarter. Barclays PLC now owns 85,831 shares of the company’s stock valued at $1,781,000 after acquiring an additional 62,857 shares during the period. Sanctuary Advisors LLC bought a new stake in DXC Technology in the third quarter valued at about $258,000. Franklin Resources Inc. lifted its position in shares of DXC Technology by 2.4% in the 3rd quarter. Franklin Resources Inc. now owns 63,230 shares of the company’s stock worth $1,272,000 after buying an additional 1,502 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of DXC Technology by 1.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 823,191 shares of the company’s stock worth $17,081,000 after purchasing an additional 10,922 shares during the last quarter. Finally, Range Financial Group LLC bought a new stake in DXC Technology in the 4th quarter valued at about $300,000. 96.20% of the stock is currently owned by hedge funds and other institutional investors.

DXC Technology Trading Down 0.5 %

Shares of NYSE:DXC opened at $15.29 on Friday. The firm has a fifty day moving average price of $16.71 and a 200 day moving average price of $19.53. DXC Technology has a 1 year low of $13.44 and a 1 year high of $24.83. The company has a current ratio of 1.34, a quick ratio of 1.34 and a debt-to-equity ratio of 1.12. The stock has a market capitalization of $2.77 billion, a PE ratio of -36.40, a P/E/G ratio of 1.16 and a beta of 1.37.

DXC Technology (NYSE:DXCGet Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.23. DXC Technology had a positive return on equity of 20.70% and a negative net margin of 0.57%. Analysts expect that DXC Technology will post 3.35 EPS for the current fiscal year.

Analyst Ratings Changes

DXC has been the subject of several research analyst reports. Morgan Stanley upped their price objective on shares of DXC Technology from $20.00 to $22.00 and gave the stock an “equal weight” rating in a report on Friday, January 31st. Susquehanna lowered their price target on DXC Technology from $23.00 to $16.00 and set a “neutral” rating on the stock in a report on Wednesday. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. Based on data from MarketBeat, DXC Technology presently has a consensus rating of “Hold” and an average target price of $20.29.

View Our Latest Analysis on DXC Technology

DXC Technology Profile

(Free Report)

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).

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Wells Fargo & Company MN Reduces Position in DXC Technology (NYSE:DXC) (2)

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Wells Fargo & Company MN Reduces Position in DXC Technology (NYSE:DXC) (2025)

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