Handelsbanken Fonder AB Purchases 2,730 Shares of Amdocs Limited $DOX

Handelsbanken Fonder AB lifted its position in Amdocs Limited (NASDAQ:DOX) by 4.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 63,244 shares of the technology company’s stock after purchasing an additional 2,730 shares during the quarter. Handelsbanken Fonder AB owned 0.06% of Amdocs worth $5,770,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of DOX. Quarry LP raised its stake in shares of 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 in the last quarter. Rossby Financial LCC bought a new position in Amdocs during the second quarter worth about $41,000. SVB Wealth LLC acquired a new stake in Amdocs during the first quarter valued at approximately $43,000. Caitong International Asset Management Co. Ltd grew its stake in shares of Amdocs by 537.8% in the 2nd quarter. Caitong International Asset Management Co. Ltd now owns 472 shares of the technology company’s stock valued at $43,000 after purchasing an additional 398 shares during the period. Finally, Geneos Wealth Management Inc. grew its stake in shares of Amdocs by 213.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 700 shares of the technology company’s stock valued at $64,000 after purchasing an additional 477 shares during the period. Institutional investors and hedge funds own 92.02% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Amdocs Stock Performance

Shares of NASDAQ:DOX opened at $75.37 on Tuesday. The business has a fifty day moving average of $81.89 and a 200-day moving average of $86.64. 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 Limited has a twelve month low of $74.32 and a twelve month high of $95.41. The firm has a market cap of $8.51 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 1.40 and a beta of 0.51.

Amdocs (NASDAQ:DOX) last issued its quarterly earnings data on Tuesday, November 11th. The technology company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.01. The firm had revenue of $1.15 billion for 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 revenue was down 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. On average, equities research analysts predict that Amdocs Limited will post 6.21 EPS for the current fiscal year.

Amdocs Dividend Announcement

The company 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. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $2.11 annualized dividend and a yield of 2.8%. Amdocs’s dividend payout ratio is currently 41.58%.

Amdocs Company Profile

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.