Nordea Investment Management AB Has $128.99 Million Holdings in Amdocs Limited $DOX

Nordea Investment Management AB cut its position in Amdocs Limited (NASDAQ:DOX) by 10.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,604,770 shares of the technology company’s stock after selling 196,716 shares during the quarter. Nordea Investment Management AB’s holdings in Amdocs were worth $128,991,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Harbor Capital Advisors Inc. acquired a new stake in Amdocs in the third quarter valued at $26,000. Root Financial Partners LLC acquired a new position in shares of Amdocs during the 3rd quarter worth about $26,000. WealthCollab LLC raised its holdings in shares of Amdocs by 94.5% in the 3rd quarter. WealthCollab LLC now owns 356 shares of the technology company’s stock valued at $29,000 after purchasing an additional 173 shares during the period. Atlantic Union Bankshares Corp bought a new stake in shares of Amdocs in the 3rd quarter valued at about $37,000. Finally, Abich Financial Wealth Management LLC acquired a new stake in Amdocs in the 3rd quarter valued at about $39,000. 92.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently commented on DOX. Barclays reduced their price target on Amdocs from $111.00 to $92.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Stifel Nicolaus dropped 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 downgraded Amdocs from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a report on Tuesday, January 27th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $92.33.

Amdocs Stock Performance

Shares of DOX stock opened at $64.83 on Monday. The company has a market capitalization of $7.00 billion, a price-to-earnings ratio of 12.54, a PEG ratio of 1.15 and a beta of 0.42. 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 50-day simple moving average of $73.35 and a 200 day simple moving average of $78.44. Amdocs Limited has a 52 week low of $63.53 and a 52 week high of $95.41.

Amdocs (NASDAQ:DOX) last released its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.81 earnings per share for the quarter, beating the consensus estimate 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 business’s revenue was up 4.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.66 EPS. 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, sell-side analysts predict that Amdocs Limited will post 6.21 earnings per share for the current year.

Amdocs Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.569 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.5%. This is an increase from Amdocs’s previous quarterly dividend of $0.53. The ex-dividend date is Tuesday, March 31st. Amdocs’s dividend payout ratio is 43.91%.

About Amdocs

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.