Xerox Holdings Corporation makes every day work better. Xerox Holdings Corporation is a workplace technology company building and integrating software and hardware for enterprises large and small. As customers seek to manage information across digital and physical platforms, Xerox delivers a seamless, secure and sustainable experience. Whether inventing the copier, the Ethernet, the laser printer or more, Xerox has long defined the modern work experience.

Company profile
Ticker
XRX
Exchange
Website
CEO
Giovanni Visentin
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Xerox • Logitech International • Fortinet • Corsair Gaming • Palo Alto Networks • Stratasys • Forescout • Mandiant • Identiv • Markforged Holding ...
SEC CIK
Corporate docs
IRS number
160468020
XRX stock data
News
Morgan Stanley Maintains Underweight on Xerox Holdings, Raises Price Target to $14
27 Jul 22
Xerox Reports Mixed Q2 Results; Inflation & Supply Woes Hit Margins
26 Jul 22
3M, General Electric And Some Other Big Stocks Moving Higher On Tuesday
26 Jul 22
Recap: Xerox Holdings Q2 Earnings
26 Jul 22
Xerox Holdings Q2 Adj. EPS $0.13 Beats $0.12 Estimate, Sales $1.75B Miss $1.79B Estimate
26 Jul 22
Press releases
Xerox Named Leader in Quocirca's 2022 Managed Print Services Market Landscape Report
5 Aug 22
Xerox Board of Directors Appoints Steven Bandrowczak as Chief Executive Officer
4 Aug 22
Xerox Announces Participation in Upcoming Investor Events
3 Aug 22
Xerox Board of Directors Appoints Steven Bandrowczak as Chief Executive Officer
3 Aug 22
Xerox Appoints Philip Giordano to Board of Directors
27 Jul 22
Analyst ratings and price targets
Current price
Average target
$14.00
Low target
$14.00
High target
$14.00
Morgan Stanley
Maintains
$14.00
JP Morgan
Maintains
$14.00
Calendar
3 Aug 22
14 Aug 22
31 Dec 22
Financial summary
Quarter (USD) | Sep 20 | Jun 20 | Mar 20 | Sep 19 | |
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Diluted EPS |
Annual (USD) | Dec 19 | Dec 18 | Dec 17 | Dec 16 | |
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Institutional ownership, Q1 2022
81.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 318 |
Opened positions | 43 |
Closed positions | 56 |
Increased positions | 92 |
Reduced positions | 114 |
13F shares | Current |
---|---|
Total value | 2.56B |
Total shares | 126.64M |
Total puts | 994.6K |
Total calls | 3.37M |
Total put/call ratio | 0.3 |
Largest owners | Shares | Value |
---|---|---|
Icahn Carl C Et Al | 32.11M | $647.76M |
Vanguard | 13.19M | $266.04M |
BLK Blackrock | 12.2M | $246.16M |
Dimensional Fund Advisors | 7.35M | $148.35M |
LSV Asset Management | 6.29M | $126.93M |
STT State Street | 4.1M | $83.69M |
BK Bank Of New York Mellon | 2.74M | $55.24M |
Jacobs Levy Equity Management | 2.66M | $53.62M |
Two Sigma Advisers | 2.57M | $51.77M |
Geode Capital Management | 1.78M | $35.99M |
Financial report summary
?Risks
- The effects of pandemics, such as the COVID-19 pandemic, may materially affect how we and our customers operate our businesses, and the duration and extent to which a pandemic may impact our future results of operations and overall financial performance is uncertain.
- If we are unsuccessful at addressing our business challenges, our business and results of operations may be adversely affected and our ability to invest in and grow our business could be limited.
- If we fail to successfully develop new products, technologies and service offerings and protect our intellectual property rights, we may be unable to retain current customers and gain new customers and our revenues would decline.
- We need to successfully manage changes in the printing environment and market because our operating results may be negatively impacted by lower equipment placements and usage trends.
- We face significant competition and our failure to compete successfully could adversely affect our results of operations and financial condition.
- Our profitability is dependent upon our ability to obtain adequate pricing for our products and services and to improve our cost structure.
- We have outsourced a significant portion of our manufacturing operations and increasingly rely on third-party manufacturers, subcontractors and suppliers.
- We may be unable to attract and retain key personnel while our business model undergoes significant changes.
- We may not achieve some or all of the expected benefits of our restructuring and transformation plans and our restructuring may adversely affect our business.
- Our government contracts are subject to termination rights, audits and investigations, which, if exercised, could negatively impact our reputation and reduce our ability to compete for new contracts.
- Our ability to fund our customer financing activities at economically competitive levels depends on our ability to borrow and the cost of borrowing in the credit markets.
- Our significant debt could adversely affect our financial health and pose challenges for conducting our business.
- We need to maintain adequate liquidity in order to meet our operating cash flow requirements, repay maturing debt and meet other financial obligations, such as payment of dividends to the extent declared by our Board of Directors. If we fail to comply with the covenants contained in our various borrowing agreements, it may adversely affect our liquidity, results of operations and financial condition.
- Our financial condition and results of operations could be adversely affected by employee benefit-related funding requirements.
- Our business, results of operations and financial condition may be negatively impacted by conditions abroad, including local economic and political environments, fluctuating foreign currencies and shifting regulatory schemes.
- Tariffs or other restrictions on foreign imports could negatively impact our financial performance.
- We operate globally and changes in tax laws could adversely affect our results.
- We are subject to breaches of our security systems, cyber-attacks and service interruptions, which could expose us to liability, litigation, regulatory action and damage our reputation.
- We are subject to laws of the United States and foreign jurisdictions relating to individually identifiable information, and failure to comply with those laws could subject us to legal actions and negatively impact our operations.
- Our business, results of operations and financial condition may be negatively impacted by legal and regulatory matters.
Management Discussion
- Total revenue of $7.0 billion in 2021 increased 0.2% from the prior year, including a 1.6-percentage point favorable impact from currency and an approximate 0.5-percentage point favorable impact from 2021 and 2020 acquisitions. Total revenue for 2021 reflected the impacts from the COVID-19 pandemic as well as the global product supply and logistics constraints, which limited our ability to fulfill orders and drove an increase in our order backlog in the second half of the year. Total revenue reflected a 1.1% increase in Equipment sales revenue, including a 1.5-percentage point favorable impact from currency, while Post sale revenue was flat, including a 1.7-percentage point favorable impact from currency. While the COVID-19 pandemic significantly impacted our 2021 revenues as a result of business closures and office building capacity restrictions, the progress of vaccinations and the gradual reopening of workplaces resulted in higher year-over-year page volumes for most of 2021.
Content analysis
?Positive | ||
Negative | ||
Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
Readability |
H.S. sophomore Avg
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New words:
accordion, annum, Baltoro, bear, Belorussia, challenging, comply, compound, copy, cure, divided, double, equal, evidenced, exceed, exercisable, GECAJ, graduated, holding, inbound, Inspire, land, lapsed, lending, medium, MIRLANDA, monochrome, outbound, owing, passing, pick, prime, recession, SOFR, thereof, uncommitted, unissued, unlimited, unpaid, vast, volume
Removed:
affidavit, appeal, borrowing, broader, cessation, Cheryl, Christodoro, claimed, compliance, computer, conditioned, Cozza, denying, director, dismissing, DSU, Echevarria, eleven, extended, filing, formed, gained, Gordon, Graziano, incentive, involving, Jonathan, joseph, jr, Keith, Krongard, larger, Letier, mancini, Margarita, mid, Miller, negotiated, newly, Nichelle, notice, offering, open, outlined, participated, planned, pursue, registered, registration, relevant, reopening, representing, Restatement, Scott, SPE, undrawn, Unregistered, workgroup
Financial reports
Current reports
8-K
Departure of Directors or Certain Officers
3 Aug 22
8-K
Xerox Appoints Philip Giordano to Board of Directors
27 Jul 22
8-K
Xerox Releases Second-Quarter Results
26 Jul 22
8-K
Entry into a Material Definitive Agreement
13 Jul 22
8-K
Xerox Announces the Unexpected Passing of Vice Chairman and Chief Executive Officer John Visentin
5 Jul 22
8-K
Xerox Announces Tender Offer for 2023 Notes
23 May 22
8-K
Departure of Directors or Certain Officers
16 May 22
8-K
Xerox Releases First-Quarter Results
21 Apr 22
8-K
Departure of Directors or Certain Officers
15 Apr 22
8-K
Entry into a Material Definitive Agreement
25 Mar 22
Registration and prospectus
25-NSE
Exchange delisting
1 Aug 19
S-8 POS
Registration of securities for employees (post-effective amendment)
31 Jul 19
S-8 POS
Registration of securities for employees (post-effective amendment)
31 Jul 19
S-8 POS
Registration of securities for employees (post-effective amendment)
31 Jul 19
25
Voluntary exchange delisting
31 Jul 19
15-12B
Securities registration termination
14 Nov 17
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Nov 17
S-8 POS
Registration of securities for employees (post-effective amendment)
14 Nov 17
424B5
Prospectus supplement for primary offering
7 Sep 17
424B3
Prospectus supplement
6 Sep 17
Proxies
DEFA14A
Additional proxy soliciting materials
16 May 19
DEFM14A
Proxy related to merger
22 Apr 19
PRER14A
Preliminary revised proxy
18 Apr 19
DEFA14A
Additional proxy soliciting materials
18 Apr 19
DEFA14A
Additional proxy soliciting materials
18 Mar 19
PREM14A
Preliminary proxy related to merger
15 Mar 19
DEFA14A
Additional proxy soliciting materials
7 Mar 19
DEF 14A
Definitive proxy
18 Jun 18
DFAN14A
Additional proxy materials by non-management
10 May 18
DFAN14A
Additional proxy materials by non-management
10 May 18
Other
SD
Conflict minerals disclosure
25 May 22
SD
Conflict minerals disclosure
21 May 21
SD
Conflict minerals disclosure
20 May 20
SD
Conflict minerals disclosure
17 May 19
UPLOAD
Letter from SEC
22 Apr 19
CORRESP
Correspondence with SEC
17 Apr 19
UPLOAD
Letter from SEC
11 Apr 19
SD
Conflict minerals disclosure
15 May 18
UPLOAD
Letter from SEC
10 May 18
UPLOAD
Letter from SEC
10 May 18
Ownership
SC 13D/A
XEROX / ICAHN CARL C ownership change
9 Aug 20
4
XEROX / William F Osbourn Jr ownership change
3 Jan 20
4
XEROX / LOUIS PASTOR ownership change
3 Oct 19
4
XEROX / Herve Tessler ownership change
11 Sep 19
3/A
XEROX / Naresh Shanker ownership change
16 Aug 19
3
XEROX / Naresh Shanker ownership change
15 Aug 19
4
XEROX / STEVEN JOHN BANDROWCZAK ownership change
3 Jul 19
4
XEROX / Joseph H. Mancini ownership change
3 Jul 19
4
XEROX / A. Scott Letier ownership change
22 May 19
4
XEROX / CHERYL GORDON KRONGARD ownership change
22 May 19
Patents
Utility
Polymer Filaments Comprising a Metal Precursor for Additive Manufacturing and Methods Associated Therewith
11 Aug 22
Additive manufacturing processes, such as fused filament fabrication, may be employed to form printed objects in a range of shapes.
Utility
Air-based photoreceptor sheet stripper
9 Aug 22
Printing apparatuses include (among other components) a photoreceptor (that is adapted to contact and transfer marking material to a printing side of sheets of media), a transport belt adjacent the photoreceptor, a baffle, and an air outlet.
Utility
Portable braille translation device and method
9 Aug 22
Devices and methods use a processor, a scanner, and a display screen.
Utility
Automatic Selection of Preferred Communication Format for User Interface Interactions
4 Aug 22
Apparatuses include, among other components, a user identification device operatively connected to a processor.
Utility
System and Method for Reducing Drop Placement Errors at Perimeter Features on an Object In a Three-dimensional (3D) Object Printer
4 Aug 22
A slicer in a material drop ejecting three-dimensional (3D) object printer generates machine ready instructions that operate components of a printer, such as actuators and an ejector having at least one nozzle, to form features of an object more precisely than previously known.
Transcripts
2022 Q2
Earnings call transcript
26 Jul 22
2022 Q1
Earnings call transcript
21 Apr 22
2021 Q4
Earnings call transcript
25 Jan 22
2021 Q3
Earnings call transcript
26 Oct 21
2021 Q2
Earnings call transcript
27 Jul 21
2021 Q1
Earnings call transcript
20 Apr 21
2020 Q4
Earnings call transcript
26 Jan 21
2020 Q3
Earnings call transcript
27 Oct 20
2020 Q2
Earnings call transcript
28 Jul 20
2020 Q1
Earnings call transcript
28 Apr 20
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