Kepler Cheuvreux Suisse SA Decreases Position in Cognizant Technology Solutions Corporation $CTSH

Kepler Cheuvreux Suisse SA trimmed its holdings in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 5.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 177,856 shares of the information technology service provider’s stock after selling 10,910 shares during the quarter. Kepler Cheuvreux Suisse SA’s holdings in Cognizant Technology Solutions were worth $14,762,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of CTSH. JPL Wealth Management LLC purchased a new position in Cognizant Technology Solutions in the 3rd quarter worth approximately $25,000. Lodestone Wealth Management LLC purchased a new position in Cognizant Technology Solutions in the 4th quarter worth approximately $28,000. Flagship Harbor Advisors LLC purchased a new position in Cognizant Technology Solutions in the 4th quarter worth approximately $28,000. Physician Wealth Advisors Inc. lifted its stake in Cognizant Technology Solutions by 165.1% in the 4th quarter. Physician Wealth Advisors Inc. now owns 342 shares of the information technology service provider’s stock worth $28,000 after purchasing an additional 213 shares in the last quarter. Finally, High Note Wealth LLC lifted its stake in Cognizant Technology Solutions by 22,450.0% in the 3rd quarter. High Note Wealth LLC now owns 451 shares of the information technology service provider’s stock worth $30,000 after purchasing an additional 449 shares in the last quarter. 92.44% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on CTSH. HSBC decreased their target price on shares of Cognizant Technology Solutions from $98.00 to $80.00 in a research note on Thursday, April 30th. Guggenheim decreased their target price on shares of 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. Mizuho reduced their price target on shares of Cognizant Technology Solutions from $87.00 to $68.00 and set a “neutral” rating on the stock in a research report on Wednesday, May 6th. Evercore reduced their price target on shares of Cognizant Technology Solutions from $100.00 to $70.00 in a research report on Thursday, April 30th. Finally, UBS Group reduced their price target on shares of Cognizant Technology Solutions from $67.00 to $64.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Ten analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $75.00.

Cognizant Technology Solutions Price Performance

Shares of NASDAQ CTSH opened at $51.68 on Monday. The firm has a market cap of $24.49 billion, a price-to-earnings ratio of 11.23, a PEG ratio of 1.09 and a beta of 0.81. The company has a quick ratio of 2.23, a current ratio of 2.23 and a debt-to-equity ratio of 0.04. Cognizant Technology Solutions Corporation has a 52-week low of $50.19 and a 52-week high of $87.03. The business’s 50 day moving average is $60.24 and its two-hundred day moving average is $71.35.

Cognizant Technology Solutions (NASDAQ:CTSH) last announced its earnings results on Wednesday, April 29th. The information technology service provider reported $1.40 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.33 by $0.07. The company had revenue of $5.41 billion for the quarter, compared to analyst estimates of $5.41 billion. Cognizant Technology Solutions had a return on equity of 17.50% and a net margin of 10.41%.The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.23 earnings per share. Cognizant Technology Solutions has set its FY 2026 guidance at 5.630-5.770 EPS. Research analysts predict that Cognizant Technology Solutions Corporation will post 5.7 EPS for the current year.

Cognizant Technology Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Monday, May 18th will be paid a $0.33 dividend. The ex-dividend date is Monday, May 18th. This represents a $1.32 annualized dividend and a dividend yield of 2.6%. Cognizant Technology Solutions’s payout ratio is 28.70%.

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.