Xerox Holdings Corporation (XRX)

The company's stock experienced a significant decline of 71.04% from January 13, 2025, to January 9, 2026, and decreased by 71.79% over the last 12 months. In the most recent month (December 2025 - January 2026), the stock decreased by 5.75%. Key events include the Q2 2025 earnings release on July 31, 2025, and the Lexmark acquisition closing around June/July 2025. Insider trading activity was noted on August 4, 2025, and May 26, 2025, while hedge fund trading activity was reported on September 30, 2025. The Q3 2025 earnings release on October 30, 2025, reported a significant EPS miss and revenue shortfall, leading to a 5.25% drop in premarket trading, and reduced free cash flow guidance. A dividend was declared on November 6, 2025. Chuck Butler was named CFO, and a unified cybersecurity solution was launched on November 19, 2025. Citi lowered Xerox's price target in November 2025.

Xerox's products and services exhibit some demand seasonality, with the fourth quarter (Q4) typically being a stronger period for operating income generation and free cash flow, partly influenced by the consolidation of Lexmark. The company experienced softer equipment demand in April and May 2025, followed by a recovery and a return to normalized demand conditions in June 2025.

Xerox Holdings Corp. is a workplace technology company that integrates hardware, services, and software for enterprises globally. It operates in the Industrials sector, focusing on printing technology and related solutions, including multifunction printers and post-sales services. The company operates through two segments: Print and Other, and Xerox Financial Services (XFS).

Xerox Holdings Corp. has a significant international presence, with approximately 60% of its revenue from the U.S. and 40% from international markets. Its operations span North America, Latin America, Europe, the Middle East, Africa, and India. Revenue distribution is 55.2% from the United States, 29.6% from Europe, 7.8% from Canada, and 7.3% from other geographical markets.

Xerox has been working to improve its brand perception through innovation and public appearances, such as showcasing its latest digital presses at the PRINTING United Expo 2025. However, the company's stock price has not reflected a turnaround. Financial performance issues, such as the EPS miss and reduced free cash flow guidance in Q3 2025, have led to investor disappointment. Xerox's ESG risk rating indicates a "Moderate" controversy level, with incidents related to "Business Ethics, Employee" noted.

Approximately 84.06% of Xerox Holdings Corp.'s stock is owned by institutional investors, 1.69% by insiders, and 14.25% by public companies and individual investors. Major institutional owners include BlackRock, Inc., Vanguard Group Inc., Dimensional Fund Advisors Lp, State Street Corp, Marshall Wace, Llp, iShares (various ETFs), and UBS Group AG. Carl C. Icahn is the largest individual shareholder, owning 67.53% of the company, and Darwin Deason is another significant individual owner.