AustralianSuper Pty Ltd Has $17.17 Million Stock Holdings in Open Text Corporation $OTEX

Posted by Stanley Muller on May 16th, 2026

AustralianSuper Pty Ltd lifted its position in Open Text Corporation (NASDAQ:OTEX – Free Report) (TSE:OTC) by 13.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 527,346 shares of the software maker’s stock after purchasing an additional 61,733 shares during the period. AustralianSuper Pty Ltd’s holdings in Open Text were worth $17,174,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Arbejdsmarkedets Tillaegspension bought a new position in shares of Open Text during the fourth quarter worth $22,749,000. Baader Bank Aktiengesellschaft bought a new position in shares of Open Text during the fourth quarter worth $430,000. Swiss Life Asset Management Ltd boosted its position in shares of Open Text by 2.3% during the fourth quarter. Swiss Life Asset Management Ltd now owns 136,381 shares of the software maker’s stock worth $4,443,000 after purchasing an additional 3,015 shares in the last quarter. Naples Global Advisors LLC boosted its position in shares of Open Text by 3.2% during the fourth quarter. Naples Global Advisors LLC now owns 28,543 shares of the software maker’s stock worth $930,000 after purchasing an additional 885 shares in the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Open Text by 38.6% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 40,256 shares of the software maker’s stock valued at $1,278,000 after acquiring an additional 11,205 shares during the period. 70.37% of the stock is owned by institutional investors.

Open Text Stock Performance

Shares of Open Text stock opened at $22.68 on Friday. The firm has a market cap of $5.50 billion, a price-to-earnings ratio of 11.06 and a beta of 1.04. The stock’s 50-day moving average is $22.92 and its 200-day moving average is $28.17. Open Text Corporation has a one year low of $20.00 and a one year high of $39.90. The company has a debt-to-equity ratio of 1.56, a current ratio of 0.94 and a quick ratio of 0.94.

Open Text (NASDAQ:OTEX – Get Free Report) (TSE:OTC) last released its quarterly earnings results on Thursday, May 7th. The software maker reported $1.01 earnings per share for the quarter, topping analysts’ consensus estimates of $0.94 by $0.07. Open Text had a return on equity of 24.77% and a net margin of 9.91%.The firm had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.26 billion. During the same quarter in the prior year, the firm posted $0.82 EPS. The business’s revenue was up 2.2% on a year-over-year basis. Equities analysts predict that Open Text Corporation will post 3.98 earnings per share for the current fiscal year.

Open Text Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 19th. Investors of record on Friday, June 5th will be given a $0.275 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $1.10 dividend on an annualized basis and a yield of 4.9%. Open Text’s dividend payout ratio (DPR) is 53.66%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on OTEX. Barclays boosted their target price on Open Text from $25.00 to $27.00 and gave the company an “equal weight” rating in a research note on Monday. Scotia decreased their target price on Open Text from $50.00 to $40.00 and set a “sector outperform” rating for the company in a research note on Friday, May 8th. TD Securities raised Open Text to a “hold” rating in a research note on Monday, February 2nd. Citigroup lowered their target price on Open Text from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Friday, May 8th. Finally, Wall Street Zen raised Open Text from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 9th. Four investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $34.67.

Read Our Latest Stock Report on OTEX

Open Text Profile

(Free Report)

Open Text Corporation is a Canadian enterprise information management (EIM) software company that develops solutions for organizations seeking to manage, protect and extract insight from their unstructured and structured data. The company’s platform encompasses document management, records management, digital asset management and archiving, enabling companies to govern information across its lifecycle.

Open Text’s product suite includes content services, business process management, customer experience management, analytics and security products.