William Blair Has Strong Forecast for Infosys Q3 Earnings

Infosys Limited (NYSE:INFY - Free Report) - Stock analysts at William Blair boosted their Q3 2026 earnings per share estimates for shares of Infosys in a research note issued to investors on Thursday, October 17th. William Blair analyst M. Nolan now forecasts that the technology company will post earnings per share of $0.21 for the quarter, up from their prior forecast of $0.20. The consensus estimate for Infosys' current full-year earnings is $0.75 per share. William Blair also issued estimates for Infosys' FY2026 earnings at $0.82 EPS.

Infosys (NYSE:INFY - Get Free Report) last released its quarterly earnings data on Thursday, October 17th. The technology company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. The business had revenue of $4.89 billion for the quarter, compared to analyst estimates of $4.89 billion. Infosys had a return on equity of 32.01% and a net margin of 17.18%. During the same period last year, the firm posted $0.18 earnings per share.

A number of other analysts have also weighed in on the stock. BMO Capital Markets raised their target price on shares of Infosys from $23.00 to $25.00 and gave the company a "market perform" rating in a research report on Friday. Macquarie raised Infosys from an "underperform" rating to a "neutral" rating in a report on Friday, July 19th. Investec cut Infosys from a "hold" rating to a "sell" rating in a report on Thursday, October 3rd. StockNews.com raised Infosys from a "hold" rating to a "buy" rating in a research note on Monday, September 30th. Finally, Erste Group Bank raised Infosys from a "hold" rating to a "buy" rating in a research note on Wednesday, September 11th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $20.85.

Infosys Stock Performance

Shares of INFY traded down $0.31 during mid-day trading on Monday, reaching $22.20. The company had a trading volume of 10,409,892 shares, compared to its average volume of 9,365,223. The company's 50 day simple moving average is $22.68 and its 200 day simple moving average is $20.00. The company has a market capitalization of $91.91 billion, a price-to-earnings ratio of 28.87, a P/E/G ratio of 3.68 and a beta of 0.99. Infosys has a 1-year low of $16.04 and a 1-year high of $23.48.

Institutional Investors Weigh In On Infosys

Several hedge funds and other institutional investors have recently made changes to their positions in INFY. Whittier Trust Co. of Nevada Inc. grew its position in Infosys by 25.3% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 3,795 shares of the technology company's stock worth $85,000 after purchasing an additional 766 shares in the last quarter. Whittier Trust Co. raised its stake in shares of Infosys by 8.2% during the 3rd quarter. Whittier Trust Co. now owns 22,397 shares of the technology company's stock valued at $499,000 after purchasing an additional 1,702 shares during the period. Blue Trust Inc. raised its stake in shares of Infosys by 110.5% during the 3rd quarter. Blue Trust Inc. now owns 47,185 shares of the technology company's stock valued at $1,051,000 after purchasing an additional 24,774 shares during the period. Aaron Wealth Advisors LLC purchased a new stake in shares of Infosys in the 3rd quarter valued at about $280,000. Finally, Vontobel Holding Ltd. raised its holdings in shares of Infosys by 3.9% in the 3rd quarter. Vontobel Holding Ltd. now owns 823,280 shares of the technology company's stock valued at $18,334,000 after acquiring an additional 30,574 shares in the last quarter. 10.89% of the stock is owned by institutional investors.

Infosys Increases Dividend

The business also recently disclosed a semi-annual dividend, which will be paid on Tuesday, October 29th. Stockholders of record on Friday, January 1st will be issued a dividend of $0.2126 per share. The ex-dividend date of this dividend is Tuesday, October 29th. This represents a dividend yield of 1.1%. This is a positive change from Infosys's previous semi-annual dividend of $0.20. Infosys's dividend payout ratio is currently 36.84%.

About Infosys

Infosys Limited, together with its subsidiaries, provides consulting, technology, outsourcing, and next-generation digital services in North America, Europe, India, and internationally. It provides digital marketing and digital workplace, digital commerce, digital experience and interactions, metaverse, data analytics and AI, applied AI, generative AI, sustainability, blockchain, engineering, Internet of Things, enterprise agile DevOps, application modernization, cloud, digital process automation, digital supply chain, Microsoft business application and cloud business, service experience transformation, energy transition, cyber security, and quality engineering solutions; Oracle, SAP, and Saleforce solutions; API economy and microservices; and Topaz, an AI-first set of services, solutions, and platforms using generative AI technologies.