Cognizant Technology Solutions Corporation $CTSH Shares Purchased by Yousif Capital Management LLC

Yousif Capital Management LLC boosted its holdings in Cognizant Technology Solutions Corporation (NASDAQ:CTSH) by 56.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,499 shares of the information technology service provider’s stock after acquiring an additional 33,190 shares during the period. Yousif Capital Management LLC’s holdings in Cognizant Technology Solutions were worth $5,313,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Aware Super Pty Ltd as trustee of Aware Super purchased a new stake in Cognizant Technology Solutions in the first quarter valued at $29,510,000. Artemis Investment Management LLP grew its holdings in shares of Cognizant Technology Solutions by 289.6% during the 3rd quarter. Artemis Investment Management LLP now owns 2,905,584 shares of the information technology service provider’s stock worth $166,897,000 after purchasing an additional 2,159,704 shares during the period. Ancora Advisors LLC acquired a new stake in shares of Cognizant Technology Solutions during the 2nd quarter worth about $2,929,000. Pzena Investment Management LLC increased its position in shares of Cognizant Technology Solutions by 14.9% during the 1st quarter. Pzena Investment Management LLC now owns 20,262,362 shares of the information technology service provider’s stock worth $1,243,096,000 after purchasing an additional 2,633,683 shares during the last quarter. Finally, Lazard Asset Management LLC raised its holdings in Cognizant Technology Solutions by 752.1% in the 1st quarter. Lazard Asset Management LLC now owns 1,317,166 shares of the information technology service provider’s stock valued at $80,808,000 after buying an additional 1,162,580 shares during the period. 92.44% of the stock is currently owned by institutional investors and hedge funds.

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.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. Citigroup reaffirmed a “neutral” rating on shares of Cognizant Technology Solutions in a research report on Monday, October 19th. Mizuho set a $64.00 price target on shares of Cognizant Technology Solutions in a research report on Thursday, August 6th. Wedbush reissued an “outperform” rating and issued a $70.00 price target on shares of Cognizant Technology Solutions in a research note on Friday, October 9th. Weiss Ratings upgraded shares of Cognizant Technology Solutions from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, October 19th. Finally, Royal Bank Of Canada set a $55.00 price objective on shares of Cognizant Technology Solutions in a research report on Friday, July 24th. Ten investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Cognizant Technology Solutions presently has an average rating of “Hold” and a consensus price target of $64.70.

Cognizant Technology Solutions Stock Performance

Shares of Cognizant Technology Solutions stock opened at $70.54 on Monday. The business has a 50-day moving average of $61.58 and a 200 day moving average of $54.69. Cognizant Technology Solutions Corporation has a 12 month low of $37.08 and a 12 month high of $87.03. The stock has a market capitalization of $31.77 billion, a price-to-earnings ratio of 15.17, a price-to-earnings-growth ratio of 1.32 and a beta of 0.86. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.18 and a quick ratio of 2.18.

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

Cognizant Technology Solutions Dividend Announcement

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

About Cognizant Technology Solutions

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.