Amdocs Limited $DOX Shares Sold by Robeco Institutional Asset Management B.V.

Posted by George Bondi on Oct 23rd, 2026

Robeco Institutional Asset Management B.V. cut its stake in Amdocs Limited (NASDAQ:DOX – Free Report) by 6.1% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 753,848 shares of the technology company’s stock after selling 49,266 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.70% of Amdocs worth $43,105,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Amdocs by 14.9% in the 1st quarter. Royal Bank of Canada now owns 446,125 shares of the technology company’s stock valued at $29,114,000 after purchasing an additional 57,740 shares during the period. Renaissance Technologies LLC grew its holdings in shares of Amdocs by 429.6% during the first quarter. Renaissance Technologies LLC now owns 291,800 shares of the technology company’s stock worth $19,043,000 after purchasing an additional 236,700 shares in the last quarter. Arbejdsmarkedets Tillaegspension raised its position in Amdocs by 17.5% during the first quarter. Arbejdsmarkedets Tillaegspension now owns 354,383 shares of the technology company’s stock valued at $23,127,000 after purchasing an additional 52,906 shares in the last quarter. Bank of America Corp DE raised its position in Amdocs by 29.1% during the first quarter. Bank of America Corp DE now owns 1,262,263 shares of the technology company’s stock valued at $82,375,000 after purchasing an additional 284,435 shares in the last quarter. Finally, Wedge Capital Management L L P NC lifted its stake in Amdocs by 39.2% during the second quarter. Wedge Capital Management L L P NC now owns 82,765 shares of the technology company’s stock worth $4,183,000 after purchasing an additional 23,315 shares during the last quarter. 92.02% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DOX. KeyCorp assumed coverage on shares of Amdocs in a research note on Monday, June 29th. They issued a “sector weight” rating for the company. Weiss Ratings lowered shares of Amdocs from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, October 8th. Finally, Wall Street Zen upgraded shares of Amdocs from a “hold” rating to a “buy” rating in a research report on Saturday, August 29th. Three analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $86.67.

Check Out Our Latest Report on Amdocs

Amdocs Price Performance

DOX opened at $63.57 on Friday. The stock’s 50 day simple moving average is $60.24 and its 200 day simple moving average is $59.12. The company has a debt-to-equity ratio of 0.23, a current ratio of 0.94 and a quick ratio of 0.94. Amdocs Limited has a 1 year low of $49.74 and a 1 year high of $85.63. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of 15.14, a PEG ratio of 0.99 and a beta of 0.44.

Amdocs (NASDAQ:DOX – Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $1.84 earnings per share for the quarter, meeting the consensus estimate of $1.84. The business had revenue of $1.17 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Amdocs had a net margin of 9.75% and a return on equity of 20.28%. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.72 EPS. As a group, analysts predict that Amdocs Limited will post 6.56 earnings per share for the current year.

Amdocs Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th will be issued a dividend of $0.5690 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.6%. The ex-dividend date is Wednesday, September 30th. Amdocs’s dividend payout ratio is currently 54.29%.

About Amdocs

(Free Report)

Amdocs Ltd. (NASDAQ: DOX) is a global provider of software and technology services for communications, media and entertainment companies. Its solutions help service providers manage customer relationships, billing, subscriptions, product offerings and digital experiences across consumer and enterprise markets.

The company’s portfolio includes business support systems and operational support systems, cloud-based software, artificial intelligence and automation tools, network and service management platforms, and solutions for media distribution and monetization.