DigitalBridge Group Inc. Has $63.13 Million Holdings in Amdocs Limited $DOX

DigitalBridge Group Inc. lifted its position in Amdocs Limited (NASDAQ:DOX) by 32.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 769,432 shares of the technology company’s stock after purchasing an additional 188,416 shares during the quarter. Amdocs accounts for about 4.9% of DigitalBridge Group Inc.’s holdings, making the stock its 3rd largest holding. DigitalBridge Group Inc. owned approximately 0.68% of Amdocs worth $63,132,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of DOX. Alliancebernstein L.P. lifted its position in Amdocs by 32.1% in the 3rd quarter. Alliancebernstein L.P. now owns 2,359,779 shares of the technology company’s stock worth $193,620,000 after buying an additional 573,349 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Amdocs by 500.0% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 420,000 shares of the technology company’s stock worth $34,461,000 after acquiring an additional 350,000 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Amdocs by 25.9% during the third quarter. AQR Capital Management LLC now owns 1,368,944 shares of the technology company’s stock worth $111,309,000 after acquiring an additional 281,476 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Amdocs by 1,500.6% in the 3rd quarter. Millennium Management LLC now owns 295,800 shares of the technology company’s stock worth $24,270,000 after acquiring an additional 277,320 shares during the last quarter. Finally, LSV Asset Management lifted its holdings in shares of Amdocs by 7.6% in the 3rd quarter. LSV Asset Management now owns 3,648,703 shares of the technology company’s stock worth $299,376,000 after acquiring an additional 257,193 shares during the last quarter. 92.02% of the stock is owned by hedge funds and other institutional investors.

Amdocs Trading Up 0.0%

Shares of DOX opened at $66.67 on Wednesday. The stock has a market capitalization of $7.20 billion, a P/E ratio of 12.90, a PEG ratio of 1.18 and a beta of 0.42. Amdocs Limited has a twelve month low of $65.39 and a twelve month high of $95.41. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.23. The firm has a fifty day simple moving average of $74.48 and a two-hundred day simple moving average of $78.87.

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

Amdocs Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Tuesday, March 31st will be given a dividend of $0.569 per share. This represents a $2.28 dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 31st. This is a positive change from Amdocs’s previous quarterly dividend of $0.53. Amdocs’s dividend payout ratio is currently 40.81%.

Analyst Ratings Changes

DOX has been the topic of several recent research reports. Barclays reduced their target price on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Stifel Nicolaus reduced their price objective on Amdocs from $97.00 to $88.00 and set a “buy” rating on the stock in a research note on Wednesday, February 4th. Wall Street Zen upgraded Amdocs from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a research note on Tuesday, January 27th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus 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.