California Public Employees Retirement System Has $41.10 Million Stock Position in Amdocs Limited $DOX

California Public Employees Retirement System lowered its stake in Amdocs Limited (NASDAQ:DOX) by 14.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 450,413 shares of the technology company’s stock after selling 74,858 shares during the quarter. California Public Employees Retirement System owned about 0.40% of Amdocs worth $41,096,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. lifted its position in Amdocs by 3.5% in the 1st quarter. PNC Financial Services Group Inc. now owns 5,247 shares of the technology company’s stock valued at $480,000 after acquiring an additional 177 shares in the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Amdocs by 5.0% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 224,076 shares of the technology company’s stock valued at $20,503,000 after purchasing an additional 10,766 shares during the period. Citigroup Inc. lifted its holdings in shares of Amdocs by 138.8% in the first quarter. Citigroup Inc. now owns 96,437 shares of the technology company’s stock valued at $8,824,000 after purchasing an additional 56,056 shares in the last quarter. Townsquare Capital LLC boosted its position in shares of Amdocs by 25.8% during the first quarter. Townsquare Capital LLC now owns 7,617 shares of the technology company’s stock worth $697,000 after buying an additional 1,561 shares during the period. Finally, Invesco Ltd. grew its holdings in shares of Amdocs by 49.3% during the first quarter. Invesco Ltd. now owns 595,941 shares of the technology company’s stock worth $54,529,000 after buying an additional 196,676 shares in the last quarter. Institutional investors own 92.02% of the company’s stock.

Amdocs Price Performance

NASDAQ:DOX opened at $78.35 on Thursday. The stock has a market capitalization of $8.84 billion, a PE ratio of 15.51, a P/E/G ratio of 1.29 and a beta of 0.43. Amdocs Limited has a 1-year low of $74.32 and a 1-year high of $95.41. The firm has a fifty day simple moving average of $80.34 and a 200 day simple moving average of $85.44. The company has a current ratio of 1.17, a quick ratio of 1.22 and a debt-to-equity ratio of 0.23.

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

Amdocs Dividend Announcement

The firm 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. The ex-dividend date is Wednesday, December 31st. This represents a $2.11 dividend on an annualized basis and a yield of 2.7%. Amdocs’s dividend payout ratio (DPR) is presently 41.78%.

Analysts Set New Price Targets

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

Amdocs Company Profile

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.