Vulcan Value Partners LLC Increases Holdings in NiCE $NICE

Vulcan Value Partners LLC increased its position in NiCE (NASDAQ:NICE) by 15.6% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 870,733 shares of the technology company’s stock after acquiring an additional 117,417 shares during the quarter. NiCE comprises 1.8% of Vulcan Value Partners LLC’s investment portfolio, making the stock its 16th largest holding. Vulcan Value Partners LLC’s holdings in NiCE were worth $98,404,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the company. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in NiCE by 2.7% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,768,920 shares of the technology company’s stock worth $400,884,000 after acquiring an additional 73,083 shares during the last quarter. FIL Ltd increased its holdings in NiCE by 0.7% in the 4th quarter. FIL Ltd now owns 1,732,137 shares of the technology company’s stock worth $195,801,000 after acquiring an additional 11,433 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its holdings in NiCE by 0.9% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,646,690 shares of the technology company’s stock worth $186,142,000 after acquiring an additional 15,000 shares during the last quarter. Artisan Partners Limited Partnership increased its holdings in NiCE by 22.1% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,256,752 shares of the technology company’s stock worth $142,063,000 after acquiring an additional 227,631 shares during the last quarter. Finally, Neuberger Berman Group LLC increased its holdings in NiCE by 13.7% in the 4th quarter. Neuberger Berman Group LLC now owns 961,146 shares of the technology company’s stock worth $108,648,000 after acquiring an additional 115,526 shares during the last quarter. Hedge funds and other institutional investors own 63.34% of the company’s stock.

NiCE Stock Down 3.2%

Shares of NASDAQ NICE opened at $91.15 on Thursday. NiCE has a 52 week low of $84.38 and a 52 week high of $180.61. The business has a 50-day simple moving average of $103.24 and a two-hundred day simple moving average of $109.48. The company has a market cap of $5.51 billion, a P/E ratio of 10.81, a P/E/G ratio of 0.97 and a beta of 0.82.

NiCE (NASDAQ:NICE) last issued its earnings results on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, topping the consensus estimate of $2.52 by $0.12. NiCE had a return on equity of 17.42% and a net margin of 17.57%.The business had revenue of $768.62 million during the quarter, compared to the consensus estimate of $760.94 million. During the same quarter last year, the company earned $2.87 EPS. The firm’s revenue was up 9.8% compared to the same quarter last year. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. Equities research analysts anticipate that NiCE will post 9.08 EPS for the current year.

NiCE declared that its Board of Directors has approved a stock repurchase program on Thursday, February 19th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the technology company to buy up to 9.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

NICE has been the subject of several recent research reports. Rosenblatt Securities reissued a “buy” rating and issued a $155.00 price objective on shares of NiCE in a report on Friday, February 20th. Jefferies Financial Group reissued a “hold” rating on shares of NiCE in a report on Thursday, February 19th. Morgan Stanley decreased their price objective on NiCE from $148.00 to $130.00 and set an “overweight” rating for the company in a report on Monday, May 11th. Royal Bank Of Canada decreased their price objective on NiCE from $150.00 to $130.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a report on Friday, March 27th. Six equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, NiCE presently has an average rating of “Hold” and an average price target of $136.92.

About NiCE

NiCE Ltd is a global software provider specializing in solutions for customer engagement, financial crime prevention, public safety, workforce optimization and border security. Its product offerings include cloud-native and on-premises platforms that leverage advanced analytics, artificial intelligence and automation to help organizations enhance customer experiences, streamline operations and ensure regulatory compliance. NiCE’s portfolio addresses the needs of contact centers, financial institutions, government agencies and enterprises across a broad range of industries.

In customer engagement, NiCE delivers tools for omnichannel interaction management, real-time and historical analytics, workforce management, and quality management.