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BlackRock Buys Conduent Shares as Quarter Earnings Miss Reported

BlackRock logoBlackRock
Sig1.41Sen+1.24Env-0.26Soc0.00Gov0.00
Conduent logoConduent
Sig1.62Sen-1.95Env0.00Soc0.00Gov0.00

BlackRock acquired 13,831,442 Conduent shares, adding to existing positions by other large funds including Miller Value Partners, Blue Owl Capital, and Renaissance Technologies. Vanguard and Charles Schwab also increased holdings. Conduent reported quarterly EPS of -$0.18, missing analysts’ -$0.17 consensus by $0.01, alongside analyst ratings spanning Strong Buy, Hold, and Sell.

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