Dynamic Technology Lab Private Ltd Makes New $1.94 Million Investment in Amdocs Limited $DOX

Dynamic Technology Lab Private Ltd purchased a new stake in Amdocs Limited (NASDAQ:DOXFree Report) during the second quarter, HoldingsChannel.com reports. The fund purchased 21,299 shares of the technology company’s stock, valued at approximately $1,943,000.

Other institutional investors and hedge funds have also modified their holdings of the company. IFP Advisors Inc grew its stake in Amdocs by 11.0% in the 1st quarter. IFP Advisors Inc now owns 2,294 shares of the technology company’s stock valued at $215,000 after buying an additional 228 shares during the last quarter. Lindbrook Capital LLC grew its position in shares of Amdocs by 1,266.7% in the first quarter. Lindbrook Capital LLC now owns 2,419 shares of the technology company’s stock valued at $221,000 after purchasing an additional 2,242 shares during the last quarter. Allianz Asset Management GmbH grew its position in shares of Amdocs by 66.2% in the first quarter. Allianz Asset Management GmbH now owns 444,104 shares of the technology company’s stock valued at $40,636,000 after purchasing an additional 176,839 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Amdocs in the first quarter worth about $215,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Amdocs during the 1st quarter worth about $8,524,000. 92.02% of the stock is currently owned by institutional investors and hedge funds.

Amdocs Stock Down 0.8%

Shares of DOX stock opened at $75.39 on Thursday. Amdocs Limited has a one year low of $74.32 and a one year high of $95.41. 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 stock has a fifty day moving average price of $82.45 and a 200 day moving average price of $86.98. The stock has a market cap of $8.51 billion, a P/E ratio of 15.29, a price-to-earnings-growth ratio of 1.40 and a beta of 0.51.

Amdocs (NASDAQ:DOXGet Free Report) last announced its quarterly earnings data on Tuesday, November 11th. The technology company reported $1.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.82 by $0.01. The company had revenue of $1.15 billion during 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 revenue was down 9.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.70 EPS. Amdocs has set its FY 2026 guidance at 7.270-7.550 EPS. Q1 2026 guidance at 1.730-1.790 EPS. Analysts predict that Amdocs Limited will post 6.21 earnings per share for the current 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 issued a dividend of $0.527 per share. This represents a $2.11 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend is Wednesday, December 31st. Amdocs’s payout ratio is presently 41.58%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on DOX. Stifel Nicolaus dropped their price target on Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Bank of America lowered their price objective on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research note on Wednesday, November 12th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amdocs in a research note on Thursday, October 30th. Wall Street Zen lowered shares of Amdocs from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Finally, Wolfe Research restated a “peer perform” rating on shares of Amdocs in a report on Thursday, November 13th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $97.00.

Get Our Latest Research Report on Amdocs

About Amdocs

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding DOX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amdocs Limited (NASDAQ:DOXFree Report).

Institutional Ownership by Quarter for Amdocs (NASDAQ:DOX)

Receive News & Ratings for Amdocs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amdocs and related companies with MarketBeat.com's FREE daily email newsletter.