Amdocs Limited $DOX Holdings Lifted by Wasatch Advisors LP

Wasatch Advisors LP raised its position in Amdocs Limited (NASDAQ:DOX) by 20.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 72,072 shares of the technology company’s stock after acquiring an additional 12,315 shares during the quarter. Wasatch Advisors LP’s holdings in Amdocs were worth $3,643,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pzena Investment Management LLC grew its holdings in Amdocs by 5.4% in the 1st quarter. Pzena Investment Management LLC now owns 12,681,089 shares of the technology company’s stock worth $827,568,000 after buying an additional 644,074 shares in the last quarter. LSV Asset Management raised its stake in Amdocs by 0.8% during the 4th quarter. LSV Asset Management now owns 3,678,532 shares of the technology company’s stock valued at $296,159,000 after acquiring an additional 29,829 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Amdocs by 19.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 3,463,797 shares of the technology company’s stock worth $226,045,000 after acquiring an additional 571,036 shares during the period. Wellington Management Group LLP grew its stake in shares of Amdocs by 3.0% in the third quarter. Wellington Management Group LLP now owns 3,151,532 shares of the technology company’s stock worth $258,583,000 after purchasing an additional 91,900 shares in the last quarter. Finally, Brandes Investment Partners LP increased its holdings in shares of Amdocs by 2.8% during the fourth quarter. Brandes Investment Partners LP now owns 2,714,965 shares of the technology company’s stock valued at $218,583,000 after purchasing an additional 74,244 shares during the period. 92.02% of the stock is currently owned by institutional investors and hedge funds.

Amdocs Trading Down 0.4%

Shares of Amdocs stock 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 has a market cap of $6.18 billion, a price-to-earnings ratio of 13.64, a price-to-earnings-growth ratio of 1.00 and a beta of 0.40. The business has a fifty day simple moving average of $54.09 and a 200-day simple moving average of $62.63. Amdocs Limited has a fifty-two week low of $49.74 and a fifty-two week high of $88.61.

Amdocs (NASDAQ:DOX) last announced its earnings results on Wednesday, August 5th. 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 return on equity of 20.28% and a net margin of 9.75%.The company’s quarterly revenue was up 2.7% on a year-over-year basis. During the same quarter last year, the business posted $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. On average, equities analysts forecast that Amdocs Limited will post 6.56 EPS for the current fiscal year.

Amdocs Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th will be given a dividend of $0.569 per share. The ex-dividend date is Wednesday, September 30th. This represents a $2.28 annualized dividend and a dividend yield of 4.0%. Amdocs’s dividend payout ratio (DPR) is 54.05%.

Wall Street Analysts Forecast Growth

DOX has been the topic of a number of recent analyst reports. Stifel Nicolaus cut their price objective on shares of Amdocs from $88.00 to $71.00 and set a “buy” rating on the stock in a research note on Thursday, May 14th. Wall Street Zen lowered shares of Amdocs from a “buy” rating to a “hold” rating in a research report on Sunday, July 5th. Cfra cut shares of Amdocs to a “sell” rating in a research note on Thursday, May 14th. KeyCorp initiated coverage on shares of Amdocs in a research report on Monday, June 29th. They set a “sector weight” rating on the stock. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Amdocs in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $86.67.

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.