Cwm LLC Has $12.34 Million Stock Holdings in Cognizant Technology Solutions Corporation $CTSH

Cwm LLC grew its position in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 97.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 148,724 shares of the information technology service provider’s stock after purchasing an additional 73,581 shares during the quarter. Cwm LLC’s holdings in Cognizant Technology Solutions were worth $12,344,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. JPL Wealth Management LLC bought a new stake in shares of Cognizant Technology Solutions in the 3rd quarter valued at $25,000. Lodestone Wealth Management LLC bought a new stake in shares of Cognizant Technology Solutions in the 4th quarter valued at $28,000. Flagship Harbor Advisors LLC bought a new stake in shares of Cognizant Technology Solutions in the 4th quarter valued at $28,000. High Note Wealth LLC boosted its stake in shares of 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 valued at $30,000 after purchasing an additional 449 shares during the last quarter. Finally, Towne Trust Company N.A lifted its stake in shares of Cognizant Technology Solutions by 85.0% in the 4th quarter. Towne Trust Company N.A now owns 370 shares of the information technology service provider’s stock valued at $31,000 after purchasing an additional 170 shares during the period. 92.44% of the stock is owned by institutional investors.

Insider Buying and Selling at Cognizant Technology Solutions

In other news, insider Surya Gummadi sold 1,728 shares of Cognizant Technology Solutions stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $83.06, for a total value of $143,527.68. Following the completion of the transaction, the insider owned 25,641 shares in the company, valued at $2,129,741.46. This trade represents a 6.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.32% of the stock is owned by insiders.

Cognizant Technology Solutions Stock Up 1.3%

CTSH opened at $61.30 on Friday. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.04. The stock has a market cap of $29.32 billion, a price-to-earnings ratio of 13.47, a PEG ratio of 1.31 and a beta of 0.98. Cognizant Technology Solutions Corporation has a twelve month low of $57.39 and a twelve month high of $87.03. The company’s 50-day moving average price is $63.06 and its two-hundred day moving average price is $72.31.

Cognizant Technology Solutions (NASDAQ:CTSH) last issued its earnings results on Wednesday, February 4th. The information technology service provider reported $1.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.03. The firm had revenue of $5.33 billion for the quarter, compared to analyst estimates of $5.31 billion. Cognizant Technology Solutions had a return on equity of 17.17% and a net margin of 10.56%.The business’s revenue was up 4.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.21 earnings per share. Cognizant Technology Solutions has set its FY 2026 guidance at 5.560-5.700 EPS. As a group, equities analysts expect that Cognizant Technology Solutions Corporation will post 4.98 earnings per share for the current year.

Cognizant Technology Solutions Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 26th. Stockholders of record on Wednesday, February 18th were paid a $0.33 dividend. The ex-dividend date was Wednesday, February 18th. This is a positive change from Cognizant Technology Solutions’s previous quarterly dividend of $0.31. This represents a $1.32 annualized dividend and a dividend yield of 2.2%. Cognizant Technology Solutions’s dividend payout ratio is 29.01%.

Analyst Ratings Changes

CTSH has been the topic of a number of recent analyst reports. Weiss Ratings downgraded Cognizant Technology Solutions from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, March 19th. Berenberg Bank set a $107.00 price objective on Cognizant Technology Solutions and gave the company a “buy” rating in a research note on Thursday, January 22nd. Robert W. Baird set a $72.00 price objective on Cognizant Technology Solutions and gave the company a “neutral” rating in a research note on Friday, April 10th. Mizuho set a $87.00 price objective on Cognizant Technology Solutions in a research note on Monday, February 9th. Finally, Royal Bank Of Canada lifted their price objective on shares of Cognizant Technology Solutions from $82.00 to $88.00 and gave the company a “sector perform” rating in a research note on Thursday, February 5th. Nine equities research analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat.com, Cognizant Technology Solutions has an average rating of “Hold” and an average price target of $85.47.

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.