Saturna Capital Corp Increases Holdings in NiCE $NICE

Saturna Capital Corp increased its position in shares of NiCE (NASDAQ:NICE) by 56.9% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 29,644 shares of the technology company’s stock after purchasing an additional 10,752 shares during the quarter. Saturna Capital Corp’s holdings in NiCE were worth $3,269,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of NICE. Migdal Insurance & Financial Holdings Ltd. raised its position in NiCE by 0.9% during 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 buying an additional 15,000 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its holdings in shares of NiCE by 127.0% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 25,796 shares of the technology company’s stock valued at $2,916,000 after acquiring an additional 14,430 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in shares of NiCE by 1,637.6% in the 1st quarter. Principal Financial Group Inc. now owns 4,578,940 shares of the technology company’s stock valued at $504,874,000 after acquiring an additional 4,315,414 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of NiCE by 16.8% in the first quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,028,172 shares of the technology company’s stock worth $113,366,000 after acquiring an additional 148,113 shares during the period. Finally, Fifth Third Bancorp increased its stake in shares of NiCE by 146.0% in the fourth quarter. Fifth Third Bancorp now owns 16,326 shares of the technology company’s stock worth $1,845,000 after acquiring an additional 9,689 shares during the period. Hedge funds and other institutional investors own 63.34% of the company’s stock.

NiCE Stock Down 7.1%

NICE stock opened at $94.13 on Wednesday. NiCE has a 52-week low of $83.10 and a 52-week high of $175.00. The firm has a market cap of $5.50 billion, a P/E ratio of 11.17, a PEG ratio of 1.05 and a beta of 0.77. The company’s 50-day simple moving average is $93.01 and its 200-day simple moving average is $104.54.

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

Analyst Ratings Changes

Several brokerages recently issued reports on NICE. Rosenblatt Securities reissued a “buy” rating and set a $155.00 target price on shares of NiCE in a report on Wednesday, June 10th. Citizens Jmp lowered their price target on shares of NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a report on Thursday, May 7th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a research report on Wednesday, June 24th. Royal Bank Of Canada reiterated an “outperform” rating and set a $130.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. Finally, Wedbush decreased their price objective on NiCE from $120.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, June 10th. Eight investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $131.17.

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.