Geode Capital Management LLC Buys 17,862 Shares of Amdocs Limited $DOX

Geode Capital Management LLC grew its stake in Amdocs Limited (NASDAQ:DOX) by 1.0% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,810,309 shares of the technology company’s stock after purchasing an additional 17,862 shares during the quarter. Geode Capital Management LLC’s holdings in Amdocs were worth $166,654,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Quarry LP raised its position in Amdocs by 42.2% in the 1st quarter. Quarry LP now owns 391 shares of the technology company’s stock valued at $36,000 after buying an additional 116 shares during the last quarter. Alhambra Investment Management LLC grew its stake in shares of Amdocs by 5.0% in the 2nd quarter. Alhambra Investment Management LLC now owns 2,585 shares of the technology company’s stock worth $236,000 after acquiring an additional 124 shares in the last quarter. William Blair Investment Management LLC raised its holdings in shares of Amdocs by 2.4% in the second quarter. William Blair Investment Management LLC now owns 5,650 shares of the technology company’s stock valued at $516,000 after purchasing an additional 133 shares during the last quarter. Mutual Advisors LLC lifted its position in shares of Amdocs by 3.2% during the second quarter. Mutual Advisors LLC now owns 4,516 shares of the technology company’s stock valued at $397,000 after purchasing an additional 138 shares in the last quarter. Finally, MGO One Seven LLC boosted its holdings in Amdocs by 5.1% during the second quarter. MGO One Seven LLC now owns 2,899 shares of the technology company’s stock worth $264,000 after purchasing an additional 140 shares during the last quarter. Institutional investors own 92.02% of the company’s stock.

Analysts Set New Price Targets

DOX has been the topic of several recent analyst reports. Stifel Nicolaus dropped their target price on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amdocs in a report on Thursday, October 30th. Wall Street Zen cut Amdocs from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Bank of America decreased their target price on Amdocs from $100.00 to $97.00 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Finally, Wolfe Research reissued a “peer perform” rating on shares of Amdocs in a report on Thursday, November 13th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Amdocs presently has a consensus rating of “Moderate Buy” and an average target price of $97.00.

Amdocs Trading Up 1.3%

Shares of DOX opened at $76.02 on Wednesday. Amdocs Limited has a fifty-two week low of $74.32 and a fifty-two week high of $95.41. The business has a 50-day moving average of $82.62 and a 200 day moving average of $87.07. The firm has a market cap of $8.58 billion, a P/E ratio of 15.42, a price-to-earnings-growth ratio of 1.40 and a beta of 0.51. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.22.

Amdocs (NASDAQ:DOX) last issued its earnings results on Tuesday, November 11th. The technology company reported $1.83 earnings per share for the quarter, topping analysts’ consensus estimates of $1.82 by $0.01. The firm had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.15 billion. Amdocs had a net margin of 11.94% and a return on equity of 19.66%. The company’s quarterly revenue was down 9.0% on a year-over-year basis. During the same quarter last year, the business earned $1.70 earnings per share. Amdocs has set its FY 2026 guidance at 7.270-7.550 EPS. Q1 2026 guidance at 1.730-1.790 EPS. As a group, research analysts forecast that Amdocs Limited will post 6.21 EPS for the current year.

Amdocs Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, December 31st will be paid a $0.527 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Wednesday, December 31st. Amdocs’s payout ratio is currently 41.58%.

About Amdocs

Amdocs Limited, through its subsidiaries, provides software and services worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. The company provides CES23, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; Amdocs Subscription Marketplace, a software-as-a-service-based platform that includes an expansive network of pre-integrated digital services, such as media, gaming, eLearning, sports, and retail to security and business services; the monetization suite for charging, billing, policy, and revenue management; Intelligent networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; amAIz, a telco GenAI framework; Amdocs Digital Brands Suite, a pre-integrated digital business suite; and Amdocs eSIM Cloud for service providers.