Cognizant Technology Solutions Corporation $CTSH Stock Bought by Signaturefd LLC

Signaturefd LLC boosted its position in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 1,025.7% in the 3rd quarter, HoldingsChannel reports. The firm owned 134,358 shares of the information technology service provider’s stock after acquiring 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.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Security National Bank of SO Dak increased its position in Cognizant Technology Solutions by 1.1% during the second quarter. Security National Bank of SO Dak now owns 25,780 shares of the information technology service provider’s stock worth $998,000 after buying an additional 290 shares during the last quarter. Signature Equity Partners LLC lifted its position in shares of Cognizant Technology Solutions by 102.4% in the first quarter. Signature Equity Partners LLC now owns 599 shares of the information technology service provider’s stock valued at $37,000 after buying an additional 303 shares during the last quarter. Pine Valley Investments Ltd Liability Co lifted its position in shares of Cognizant Technology Solutions by 3.6% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 9,338 shares of the information technology service provider’s stock valued at $573,000 after buying an additional 322 shares during the last quarter. Marquette Asset Management LLC lifted its position in shares of Cognizant Technology Solutions by 183.9% in the third quarter. Marquette Asset Management LLC now owns 545 shares of the information technology service provider’s stock valued at $31,000 after buying an additional 353 shares during the last quarter. Finally, Patton Fund Management Inc. boosted its stake in shares of Cognizant Technology Solutions by 12.8% during the 1st quarter. Patton Fund Management Inc. now owns 3,270 shares of the information technology service provider’s stock worth $201,000 after acquiring an additional 371 shares during the period. Institutional investors own 92.44% of the company’s stock.

Key Cognizant Technology Solutions News

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.

Wall Street Analyst Weigh In

CTSH has been the topic of a number of recent analyst reports. Mizuho set a $64.00 target price on Cognizant Technology Solutions in a report on Thursday, August 6th. TD Cowen reaffirmed a “hold” rating and set a $60.00 price target (up from $54.00) on shares of Cognizant Technology Solutions in a report on Tuesday, October 13th. Citigroup reaffirmed a “neutral” rating on shares of Cognizant Technology Solutions in a research report on Monday, October 19th. Guggenheim reiterated a “buy” rating and issued a $65.00 price objective (down from $80.00) on shares of Cognizant Technology Solutions in a report on Monday, July 27th. Finally, Daiwa Securities Group increased their price objective on shares of Cognizant Technology Solutions from $42.00 to $60.00 and gave the company a “neutral” rating in a research report on Friday, September 25th. Ten equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $64.70.

Cognizant Technology Solutions Price Performance

Cognizant Technology Solutions stock opened at $70.54 on Friday. Cognizant Technology Solutions Corporation has a 12 month low of $37.08 and a 12 month high of $87.03. The stock’s 50 day moving average is $61.58 and its 200-day moving average is $54.74. The company has a current ratio of 2.18, a quick ratio of 2.18 and a debt-to-equity ratio of 0.11. The company has a market capitalization of $31.77 billion, a price-to-earnings ratio of 15.17, a PEG ratio of 1.32 and a beta of 0.86.

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

Cognizant Technology Solutions Announces Dividend

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

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.