Bruni J V & Co. Co. Boosts Holdings in NiCE $NICE

Bruni J V & Co. Co. lifted its stake in NiCE (NASDAQ:NICE) by 10.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 278,427 shares of the technology company’s stock after buying an additional 25,197 shares during the period. NiCE makes up 3.1% of Bruni J V & Co. Co.’s investment portfolio, making the stock its 17th largest holding. Bruni J V & Co. Co. owned about 0.44% of NiCE worth $31,473,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Truist Financial Corp purchased a new position in NiCE during the 3rd quarter worth $1,230,000. Mediolanum International Funds Ltd grew its position in NiCE by 101.7% during the 3rd quarter. Mediolanum International Funds Ltd now owns 44,940 shares of the technology company’s stock worth $6,578,000 after purchasing an additional 22,664 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew 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 purchasing an additional 15,000 shares during the last quarter. Madison Asset Management LLC purchased a new position in NiCE during the 3rd quarter worth $1,381,000. Finally, Oppenheimer Asset Management Inc. grew its position in NiCE by 127.0% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 25,796 shares of the technology company’s stock worth $2,916,000 after purchasing an additional 14,430 shares during the last quarter. 63.34% of the stock is owned by hedge funds and other institutional investors.

NiCE Stock Up 2.2%

Shares of NASDAQ NICE opened at $92.66 on Friday. NiCE has a 52 week low of $84.38 and a 52 week high of $180.61. The firm has a 50-day moving average price of $102.18 and a 200 day moving average price of $109.13. The stock has a market capitalization of $5.60 billion, a price-to-earnings ratio of 10.99, a price-to-earnings-growth ratio of 0.96 and a beta of 0.82.

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

NiCE announced that its Board of Directors has approved a stock buyback plan on Thursday, February 19th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the technology company to reacquire up to 9.6% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

NICE has been the topic of several research reports. Morgan Stanley lowered their price objective on shares of NiCE from $148.00 to $130.00 and set an “overweight” rating on the stock in a research report on Monday, May 11th. Zacks Research upgraded shares of NiCE from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 24th. Citigroup reduced their target price on shares of NiCE from $119.00 to $100.00 and set a “neutral” rating for the company in a research note on Friday, May 8th. Rosenblatt Securities restated a “buy” rating and issued a $155.00 target price on shares of NiCE in a research note on Friday, February 20th. Finally, Jefferies Financial Group restated a “hold” rating on shares of NiCE in a research note on Thursday, February 19th. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $136.92.

NiCE Company Profile

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.