Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of Amdocs Limited (NASDAQ:DOX – Free Report) by 16.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 70,000 shares of the technology company’s stock after acquiring an additional 10,000 shares during the period. Clal Insurance Enterprises Holdings Ltd owned 0.06% of Amdocs worth $6,387,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently modified their holdings of the company. Quarry LP raised its stake in Amdocs by 42.2% during the first quarter. Quarry LP now owns 391 shares of the technology company’s stock worth $36,000 after purchasing an additional 116 shares during the period. Rossby Financial LCC acquired a new stake in shares of Amdocs during the 2nd quarter worth approximately $41,000. SVB Wealth LLC purchased a new stake in shares of Amdocs during the 1st quarter valued at approximately $43,000. Caitong International Asset Management Co. Ltd lifted its holdings in Amdocs by 537.8% in the second quarter. Caitong International Asset Management Co. Ltd now owns 472 shares of the technology company’s stock valued at $43,000 after acquiring an additional 398 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Amdocs by 213.9% in the first quarter. Geneos Wealth Management Inc. now owns 700 shares of the technology company’s stock worth $64,000 after acquiring an additional 477 shares during the period. Hedge funds and other institutional investors own 92.02% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have recently commented on DOX shares. Wolfe Research reaffirmed a “peer perform” rating on shares of Amdocs in a research note on Thursday, November 13th. Bank of America reduced their price objective on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amdocs in a research note on Thursday, October 30th. Stifel Nicolaus dropped their price target on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating for the company in a research report on Wednesday, November 12th. Finally, Wall Street Zen lowered shares of Amdocs from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Two investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $97.00.
Amdocs Stock Performance
NASDAQ DOX opened at $76.02 on Wednesday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22. The company has a market cap of $8.58 billion, a P/E ratio of 15.42, a P/E/G ratio of 1.40 and a beta of 0.51. The stock has a 50-day moving average of $82.62 and a two-hundred day moving average of $87.07. Amdocs Limited has a 1-year low of $74.32 and a 1-year high of $95.41.
Amdocs (NASDAQ:DOX – Get Free Report) last issued its quarterly earnings results on Tuesday, November 11th. The technology company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.01. The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Amdocs had a net margin of 11.94% and a return on equity of 19.66%. The business’s quarterly revenue was down 9.0% on a year-over-year basis. During the same quarter in the prior year, the company 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, analysts anticipate that Amdocs Limited will post 6.21 EPS for the current year.
Amdocs Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st will be paid a $0.527 dividend. The ex-dividend date is Wednesday, December 31st. This represents a $2.11 annualized dividend and a dividend yield of 2.8%. Amdocs’s payout ratio is 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.
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