Wasatch Advisors LP boosted its holdings in Amdocs Limited (NASDAQ:DOX – Free Report) by 20.6% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 72,072 shares of the technology company’s stock after purchasing an additional 12,315 shares during the period. Wasatch Advisors LP owned about 0.07% of Amdocs worth $3,643,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. WealthCollab LLC increased its holdings in Amdocs by 94.5% during the 3rd quarter. WealthCollab LLC now owns 356 shares of the technology company’s stock worth $29,000 after purchasing an additional 173 shares during the last quarter. BOK Financial Private Wealth Inc. purchased a new position in shares of Amdocs during the 4th quarter valued at approximately $37,000. Los Angeles Capital Management LLC purchased a new position in shares of Amdocs during the 4th quarter valued at approximately $39,000. Advisory Services Network LLC acquired a new stake in shares of Amdocs during the third quarter worth approximately $42,000. Finally, CIBC Private Wealth Group LLC grew its position in shares of Amdocs by 190.2% during the third quarter. CIBC Private Wealth Group LLC now owns 595 shares of the technology company’s stock worth $49,000 after buying an additional 390 shares in the last quarter. Institutional investors and hedge funds own 92.02% of the company’s stock.
Analyst Ratings Changes
Several research firms recently issued reports on DOX. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Amdocs in a report on Wednesday, August 5th. Cfra lowered shares of Amdocs to a “sell” rating in a report on Thursday, May 14th. Wall Street Zen downgraded Amdocs from a “buy” rating to a “hold” rating in a research note on Sunday, July 5th. Stifel Nicolaus lowered their price objective on Amdocs from $88.00 to $71.00 and set a “buy” rating for the company in a report on Thursday, May 14th. Finally, KeyCorp began coverage on Amdocs in a research note on Monday, June 29th. They set a “sector weight” rating on the stock. Three investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Amdocs presently has an average rating of “Hold” and an average target price of $86.67.
Amdocs Stock Performance
Shares of NASDAQ DOX opened at $57.28 on Thursday. The company has a quick ratio of 0.98, a current ratio of 0.94 and a debt-to-equity ratio of 0.23. The firm’s 50-day moving average price is $54.09 and its two-hundred day moving average price is $62.63. Amdocs Limited has a 52-week low of $49.74 and a 52-week high of $88.61. The stock has a market capitalization of $6.18 billion, a P/E ratio of 13.64, a P/E/G ratio of 1.00 and a beta of 0.40.
Amdocs (NASDAQ:DOX – Get Free Report) last posted its earnings results on Wednesday, August 5th. The technology company reported $1.84 EPS for the quarter, meeting the consensus estimate of $1.84. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.18 billion. Amdocs had a return on equity of 20.28% and a net margin of 9.75%.The business’s revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $1.72 earnings per share. Amdocs has set its Q4 2026 guidance at 1.940-2.000 EPS and its FY 2026 guidance at 7.374-7.444 EPS. As a group, sell-side analysts forecast that Amdocs Limited will post 6.56 earnings per share for the current year.
Amdocs Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Wednesday, September 30th will be given a $0.569 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $2.28 annualized dividend and a yield of 4.0%. Amdocs’s dividend payout ratio (DPR) is currently 54.05%.
About Amdocs
Amdocs (NASDAQ: DOX) is a global software and services provider specializing in solutions for communications, media and entertainment companies. The company designs, develops and integrates revenue management, customer experience and digital services platforms that enable service providers to launch and monetize new offerings, streamline operations and enhance subscriber engagement. Amdocs’ product suite encompasses billing and order management, customer relationship management, digital commerce and network function virtualization, supported by professional services for implementation, integration and managed operations.
Founded in 1982 and structured as a separate public company in 1998, Amdocs has its corporate headquarters in Chesterfield, Missouri, and maintains major development centers in Ra’anana, Israel.
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