Cognizant Technology Solutions Corporation $CTSH Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its stake in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 1,706.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 329,550 shares of the information technology service provider’s stock after acquiring an additional 311,312 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Cognizant Technology Solutions were worth $27,613,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC acquired a new stake in Cognizant Technology Solutions in the fourth quarter valued at $28,000. Physician Wealth Advisors Inc. raised its holdings in Cognizant Technology Solutions by 165.1% in the fourth quarter. Physician Wealth Advisors Inc. now owns 342 shares of the information technology service provider’s stock valued at $28,000 after acquiring an additional 213 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in Cognizant Technology Solutions in the fourth quarter valued at $28,000. Towne Trust Company N.A raised its holdings in Cognizant Technology Solutions by 85.0% in the fourth quarter. Towne Trust Company N.A now owns 370 shares of the information technology service provider’s stock valued at $31,000 after acquiring an additional 170 shares in the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in shares of Cognizant Technology Solutions during the third quarter worth $25,000. 92.44% of the stock is owned by institutional investors and hedge funds.

Cognizant Technology Solutions News Summary

Here are the key news stories impacting Cognizant Technology Solutions this week:

• Positive Sentiment: Cognizant raised its 2026 share repurchase target by $1 billion to $2 billion and expanded its buyback authorization, a move that typically supports the stock by increasing demand and signaling management confidence. Cognizant Increases 2026 Share Repurchase Target by $1 Billion to $2 Billion
• Positive Sentiment: The company said its AI “Bridge” initiative is emerging as a key growth driver for IT services, reinforcing the view that Cognizant can use AI-led demand to accelerate revenue growth. Cognizant Technology Solutions sees AI ‘Bridge’ as next big IT services growth driver
• Positive Sentiment: Coverage around the buyback expansion and AI push suggests the market is reassessing CTSH’s investment case toward stronger shareholder returns and a better growth profile. Did Cognizant’s Expanded US$15.5 Billion Buyback and AI Push Just Shift CTSH’s Investment Narrative?

Cognizant Technology Solutions Price Performance

CTSH stock opened at $50.88 on Wednesday. The company has a current ratio of 2.23, a quick ratio of 2.23 and a debt-to-equity ratio of 0.04. Cognizant Technology Solutions Corporation has a one year low of $45.48 and a one year high of $87.03. The firm has a market capitalization of $24.11 billion, a PE ratio of 11.06, a P/E/G ratio of 1.08 and a beta of 0.81. The firm has a 50-day moving average of $57.72 and a two-hundred day moving average of $70.24.

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

Cognizant Technology Solutions Dividend Announcement

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

Cognizant Technology Solutions announced that its board has initiated a share repurchase program on Monday, May 18th that authorizes the company to repurchase $2.00 billion in shares. This repurchase authorization authorizes the information technology service provider to repurchase up to 9% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

CTSH has been the topic of a number of research reports. Citigroup dropped their target price on shares of Cognizant Technology Solutions from $58.00 to $51.00 and set a “neutral” rating on the stock in a report on Friday, May 15th. Guggenheim dropped 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 report on Thursday, April 30th. Susquehanna dropped their target price on shares of Cognizant Technology Solutions from $98.00 to $88.00 and set a “positive” rating on the stock in a report on Friday, May 1st. Jefferies Financial Group dropped their target price on shares of Cognizant Technology Solutions from $80.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, May 4th. Finally, Dbs Bank dropped their target price on shares of Cognizant Technology Solutions from $80.00 to $66.00 in a report on Thursday, May 7th. Ten investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $73.00.

Cognizant Technology Solutions Company 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.