Amdocs Limited $DOX Shares Bought by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp lifted its stake in shares of Amdocs Limited (NASDAQ:DOXFree Report) by 69.4% during the second quarter, Holdings Channel.com reports. The firm owned 18,800 shares of the technology company’s stock after acquiring an additional 7,700 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Amdocs were worth $1,715,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently bought and sold shares of the stock. Alyeska Investment Group L.P. lifted its stake in shares of Amdocs by 38.6% in the 1st quarter. Alyeska Investment Group L.P. now owns 2,329,767 shares of the technology company’s stock worth $213,174,000 after acquiring an additional 648,693 shares during the period. American Century Companies Inc. lifted its position in Amdocs by 23.5% in the first quarter. American Century Companies Inc. now owns 2,242,829 shares of the technology company’s stock worth $205,219,000 after purchasing an additional 426,911 shares during the period. Nuveen LLC acquired a new position in shares of Amdocs during the 1st quarter valued at $36,921,000. AQR Capital Management LLC raised its stake in shares of Amdocs by 43.0% in the 1st quarter. AQR Capital Management LLC now owns 955,158 shares of the technology company’s stock worth $86,719,000 after buying an additional 287,243 shares in the last quarter. Finally, Nordea Investment Management AB lifted its holdings in shares of Amdocs by 18.0% in the second quarter. Nordea Investment Management AB now owns 1,879,023 shares of the technology company’s stock valued at $170,803,000 after buying an additional 287,235 shares during the period. Institutional investors and hedge funds own 92.02% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Stifel Nicolaus dropped their price target on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Weiss Ratings restated a “hold (c)” rating on shares of Amdocs in a research report on Thursday, October 30th. Wolfe Research reiterated a “peer perform” rating on shares of Amdocs in a research report on Thursday, November 13th. Wall Street Zen lowered Amdocs from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Bank of America cut their target price on Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $97.00.

Check Out Our Latest Research Report on Amdocs

Amdocs Trading Down 0.8%

Amdocs stock opened at $74.95 on Wednesday. Amdocs Limited has a 52 week low of $74.32 and a 52 week high of $95.41. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.17. The firm has a market capitalization of $8.46 billion, a price-to-earnings ratio of 14.84, a P/E/G ratio of 1.27 and a beta of 0.43. The company has a 50 day moving average price of $80.91 and a 200 day moving average price of $86.00.

Amdocs (NASDAQ:DOXGet Free Report) last issued its earnings results on Tuesday, November 11th. The technology company reported $1.83 EPS for the quarter, topping the consensus estimate of $1.82 by $0.01. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Amdocs had a return on equity of 19.78% and a net margin of 12.46%.Amdocs’s revenue was down 9.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.70 earnings per share. Amdocs has set its FY 2026 guidance at 7.270-7.550 EPS and its Q1 2026 guidance at 1.730-1.790 EPS. Research analysts forecast that Amdocs Limited will post 6.21 EPS for the current year.

Amdocs Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, December 31st will be issued a dividend of $0.527 per share. This represents a $2.11 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Wednesday, December 31st. Amdocs’s dividend payout ratio (DPR) is currently 41.78%.

Amdocs Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Amdocs (NASDAQ:DOX)

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