JPMorgan Chase & Co. Raises Stock Holdings in Amdocs Limited $DOX

JPMorgan Chase & Co. lifted its stake in Amdocs Limited (NASDAQ:DOX) by 13.6% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 266,124 shares of the technology company’s stock after buying an additional 31,827 shares during the quarter. JPMorgan Chase & Co.’s holdings in Amdocs were worth $24,281,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Alyeska Investment Group L.P. increased its holdings in Amdocs by 38.6% in the 1st quarter. Alyeska Investment Group L.P. now owns 2,329,767 shares of the technology company’s stock worth $213,174,000 after acquiring an additional 648,693 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Amdocs by 23.5% in the first quarter. American Century Companies Inc. now owns 2,242,829 shares of the technology company’s stock worth $205,219,000 after purchasing an additional 426,911 shares in the last quarter. Nuveen LLC bought a new stake in shares of Amdocs during the 1st quarter valued at $36,921,000. AQR Capital Management LLC lifted its stake in shares of Amdocs by 43.0% during the 1st quarter. AQR Capital Management LLC now owns 955,158 shares of the technology company’s stock valued at $86,719,000 after buying an additional 287,243 shares in the last quarter. Finally, Nordea Investment Management AB increased its stake in Amdocs by 18.0% in the 2nd quarter. Nordea Investment Management AB now owns 1,879,023 shares of the technology company’s stock worth $170,803,000 after buying an additional 287,235 shares in the last quarter. 92.02% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on DOX. Stifel Nicolaus dropped their price objective on Amdocs from $100.00 to $97.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amdocs in a research report on Thursday, October 30th. Bank of America dropped their target price 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. Wolfe Research reiterated a “peer perform” rating on shares of Amdocs in a report on Thursday, November 13th. Finally, Wall Street Zen cut shares of Amdocs from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. 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.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $97.00.

Amdocs Trading Up 1.4%

Shares of DOX opened at $75.98 on Thursday. The company’s fifty day moving average is $80.77 and its 200 day moving average is $85.93. Amdocs Limited has a fifty-two week low of $74.32 and a fifty-two week high of $95.41. The stock has a market capitalization of $8.58 billion, a PE ratio of 15.05, a P/E/G ratio of 1.27 and a beta of 0.43. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.17.

Amdocs (NASDAQ:DOX) last released its quarterly earnings data on Tuesday, November 11th. The technology company reported $1.83 EPS for the quarter, beating the consensus estimate of $1.82 by $0.01. Amdocs had a net margin of 12.46% and a return on equity of 19.78%. The business had revenue of $1.15 billion during the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the business earned $1.70 earnings per share. Amdocs’s quarterly revenue was down 9.0% compared to the same quarter last year. Amdocs has set its FY 2026 guidance at 7.270-7.550 EPS and its Q1 2026 guidance at 1.730-1.790 EPS. Sell-side analysts expect that Amdocs Limited will post 6.21 earnings per share for the current fiscal year.

Amdocs Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.527 per share. This represents a $2.11 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Wednesday, December 31st. Amdocs’s payout ratio is presently 41.78%.

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.