Amdocs Target of Unusually High Options Trading (NASDAQ:DOX)

Amdocs Limited (NASDAQ:DOX) saw unusually large options trading on Wednesday. Stock traders purchased 9,414 call options on the stock. This represents an increase of approximately 1,067% compared to the average daily volume of 807 call options.

Hedge Funds Weigh In On Amdocs

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Harbor Capital Advisors Inc. acquired a new position in Amdocs during the 3rd quarter valued at $26,000. Root Financial Partners LLC acquired a new stake in Amdocs in the 3rd quarter worth $26,000. WealthCollab LLC increased its holdings in shares of Amdocs by 94.5% during the 3rd quarter. WealthCollab LLC now owns 356 shares of the technology company’s stock worth $29,000 after purchasing an additional 173 shares during the period. Atlantic Union Bankshares Corp bought a new position in shares of Amdocs during the 3rd quarter worth about $37,000. Finally, BOK Financial Private Wealth Inc. acquired a new position in shares of Amdocs during the fourth quarter valued at about $37,000. Institutional investors own 92.02% of the company’s stock.

Amdocs Stock Up 2.0%

DOX stock opened at $66.43 on Friday. The stock has a market capitalization of $7.17 billion, a price-to-earnings ratio of 12.85, a price-to-earnings-growth ratio of 1.15 and a beta of 0.46. The company has a 50-day moving average of $70.05 and a two-hundred day moving average of $77.27. Amdocs has a 52-week low of $63.33 and a 52-week high of $95.41. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.06 and a quick ratio of 1.06.

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

Amdocs Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Tuesday, March 31st will be given a $0.569 dividend. This is a positive change from Amdocs’s previous quarterly dividend of $0.53. This represents a $2.28 annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, March 31st. Amdocs’s dividend payout ratio (DPR) is currently 44.10%.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on DOX. Barclays cut their price objective on Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Stifel Nicolaus decreased their target price on Amdocs from $97.00 to $88.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Wall Street Zen downgraded Amdocs from a “buy” rating to a “hold” rating in a report on Saturday, March 21st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a research report on Tuesday, January 27th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $92.33.

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.