Stock Traders Buy Large Volume of Call Options on Amdocs (NASDAQ:DOX)

Amdocs Limited (NASDAQ:DOX) was the recipient of unusually large options trading activity on Wednesday. Investors acquired 9,414 call options on the company. This is an increase of 1,067% compared to the typical volume of 807 call options.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Amundi increased its position in shares of Amdocs by 73.0% during the 1st quarter. Amundi now owns 13,778 shares of the technology company’s stock worth $1,217,000 after purchasing an additional 5,816 shares during the last quarter. Millennium Management LLC boosted its holdings in shares of Amdocs by 458.3% in the 1st quarter. Millennium Management LLC now owns 67,047 shares of the technology company’s stock valued at $6,135,000 after buying an additional 55,038 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Amdocs by 12.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 331,146 shares of the technology company’s stock valued at $30,300,000 after buying an additional 37,087 shares during the last quarter. Empowered Funds LLC grew its stake in shares of Amdocs by 12.0% in the first quarter. Empowered Funds LLC now owns 15,979 shares of the technology company’s stock valued at $1,462,000 after buying an additional 1,709 shares in the last quarter. Finally, Jane Street Group LLC grew its stake in shares of Amdocs by 195.4% in the first quarter. Jane Street Group LLC now owns 115,929 shares of the technology company’s stock valued at $10,608,000 after buying an additional 76,683 shares in the last quarter. 92.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on DOX shares. Wall Street Zen downgraded Amdocs from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Stifel Nicolaus reduced their price objective on Amdocs from $97.00 to $88.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amdocs in a report on Tuesday, January 27th. Finally, Barclays dropped their target price on Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, Amdocs presently has an average rating of “Moderate Buy” and a consensus price target of $92.33.

Amdocs Stock Up 2.0%

Amdocs stock opened at $66.43 on Friday. The company has a market cap of $7.17 billion, a P/E ratio of 12.85, a price-to-earnings-growth ratio of 1.15 and a beta of 0.46. Amdocs has a 1-year low of $63.33 and a 1-year high of $95.41. The company has a fifty day simple moving average of $70.05 and a 200 day simple moving average of $77.27. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.23.

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

Amdocs Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Investors of record on Tuesday, March 31st will be issued a dividend of $0.569 per share. The ex-dividend date is Tuesday, March 31st. This is a boost from Amdocs’s previous quarterly dividend of $0.53. This represents a $2.28 annualized dividend and a yield of 3.4%. Amdocs’s dividend payout ratio is currently 44.10%.

Amdocs Company Profile

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.