Amdocs Target of Unusually High Options Trading (NASDAQ:DOX)

Amdocs Limited (NASDAQ:DOX) was the target of unusually large options trading on Wednesday. Investors acquired 9,414 call options on the stock. This is an increase of 1,067% compared to the typical volume of 807 call options.

Amdocs Price Performance

Shares of DOX traded up $0.14 during trading hours on Wednesday, hitting $65.40. 316,302 shares of the stock were exchanged, compared to its average volume of 1,341,077. The stock’s 50-day moving average price is $70.74 and its two-hundred day moving average price is $77.44. Amdocs has a 12-month low of $63.33 and a 12-month high of $95.41. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market cap of $7.06 billion, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 1.15 and a beta of 0.42.

Amdocs (NASDAQ:DOX) last announced its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.81 earnings per share for the quarter, beating analysts’ consensus estimates of $1.75 by $0.06. Amdocs had a return on equity of 20.19% and a net margin of 12.47%.The company had revenue of $1.16 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter last year, the firm posted $1.66 EPS. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. Amdocs has set its Q2 2026 guidance at 1.730-1.790 EPS and its FY 2026 guidance at 7.270-7.550 EPS. Research analysts expect that Amdocs will post 6.21 earnings per share for the current year.

Amdocs Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Tuesday, March 31st will be given a dividend of $0.569 per share. The ex-dividend date is Tuesday, March 31st. This is a boost from Amdocs’s previous quarterly dividend of $0.53. This represents a $2.28 dividend on an annualized basis and a yield of 3.5%. Amdocs’s dividend payout ratio (DPR) is presently 43.91%.

Institutional Trading of Amdocs

A number of hedge funds have recently bought and sold shares of DOX. Rockefeller Capital Management L.P. boosted its holdings in shares of Amdocs by 116.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 3,117 shares of the technology company’s stock worth $251,000 after purchasing an additional 1,675 shares during the last quarter. Hsbc Holdings PLC increased its holdings in shares of Amdocs by 7.5% in the fourth quarter. Hsbc Holdings PLC now owns 120,899 shares of the technology company’s stock valued at $9,707,000 after purchasing an additional 8,416 shares during the last quarter. MidFirst Bank purchased a new position in Amdocs during the fourth quarter worth approximately $54,000. Pacer Advisors Inc. acquired a new position in Amdocs during the fourth quarter worth $25,506,000. Finally, EP Wealth Advisors LLC acquired a new position in Amdocs during the fourth quarter worth $631,000. Institutional investors and hedge funds own 92.02% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Wall Street Zen cut shares of Amdocs from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Barclays dropped their target price on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Weiss Ratings restated a “hold (c)” rating on shares of Amdocs in a research report on Tuesday, January 27th. Finally, Stifel Nicolaus decreased their price target on shares of Amdocs from $97.00 to $88.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, Amdocs has a consensus rating of “Moderate Buy” and an average price target of $92.33.

Amdocs Company Profile

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.