Brandes Investment Partners 13F: Adds $29M to CTSH Stake

Brandes Investment Partners Raises Stake in Cognizant Technology Solutions Corporation

Brandes Investment Partners increased its holdings in Cognizant Technology Solutions Corporation (NasdaqGS: CTSH) during the period, according to a Form 13F filed with the SEC on May 15, 2026. The firm added 720,410 shares to bring its total investment to 3,042,840 shares. The reported value of the position stood at about $121.8 million based on the filing data.

How Brandes Expanded Its Position

The fund lifted its stake by a 31.0% margin during the quarter. Before the adjustment, Brandes held 2,322,430 shares of the technology services provider. This backward-looking filing reflects holdings as of the reporting period and may not represent the investor's current position.

Cognizant Stock Trades Near Lower End of Range

Shares of Cognizant changed hands around $40.03, sitting closer to the company's 52-week low of $37.08 than its 52-week high of $87.03. The stock trades below its 50-day moving average of $56.31 and its 200-day moving average of $62.04. The company carries a price-to-earnings ratio of 12.74, while its forward P/E ratio sits at 9.40.

Quarterly Earnings and Profitability

Cognizant posted annual revenue of $21.64 billion alongside a revenue growth rate of 4.5%. The professional services firm recorded earnings of $4.66 per share, supported by a net margin of 10.3% and a return on equity of 14.9%. The company's next quarterly financial results are scheduled for release on October 28, 2026.

Dividend Payments and Payouts

Investors receive an annual dividend of $1.32 per share, translating to a dividend yield of 2.2%. The payout accounts for 27.5% of the company's earnings, leaving room for capital allocation.

Analysts Set New Price Targets

Wall Street firms have kept a close watch on the technology provider through recent rating updates. On October 13, 2026, TD Cowen maintained its Hold rating while raising its price target to $60.00 from $54.00. Earlier in October, Wedbush reiterated its Outperform rating with a $70.00 price target. Deutsche Bank maintained a Buy rating on September 18, 2026, lifting its target to $70.00 from $65.00. Overall, the stock carries a consensus buy recommendation and a mean price target of $64.38 from 25 analysts.

Professional Services and Technology Offerings

Headquartered in Teaneck, New Jersey, Cognizant provides consulting, technology, and outsourcing services across North America, Europe, and global markets. The firm operates through four segments covering financial services, health sciences, products and resources, and communications, media, and technology. It delivers artificial intelligence solutions, automation tools, and digital experience services to corporate clients worldwide.

What to Watch at Cognizant Technology Solutions Corporation

Investors will look toward the company's upcoming earnings report in late October for updates on profit margins and revenue growth. Institutional filings released in future quarters will show whether Brandes and other large asset managers continue adjusting their positions in the technology sector.