Strs Ohio Invests $6.67 Million in Nice $NICE

Strs Ohio acquired a new stake in shares of Nice (NASDAQ:NICE) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 43,250 shares of the technology company’s stock, valued at approximately $6,668,000. Strs Ohio owned approximately 0.07% of Nice as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Barrow Hanley Mewhinney & Strauss LLC purchased a new stake in shares of Nice in the 4th quarter valued at approximately $313,808,000. Migdal Insurance & Financial Holdings Ltd. boosted its stake in Nice by 12.3% during the 1st quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,766,270 shares of the technology company’s stock worth $272,306,000 after purchasing an additional 193,000 shares during the period. Vulcan Value Partners LLC boosted its stake in Nice by 9.6% during the 1st quarter. Vulcan Value Partners LLC now owns 1,046,090 shares of the technology company’s stock worth $161,340,000 after purchasing an additional 91,929 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Nice by 218.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 908,014 shares of the technology company’s stock worth $139,989,000 after acquiring an additional 623,014 shares during the period. Finally, RGM Capital LLC lifted its stake in shares of Nice by 8.6% in the 1st quarter. RGM Capital LLC now owns 826,660 shares of the technology company’s stock worth $127,446,000 after acquiring an additional 65,538 shares during the period. 63.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NICE has been the subject of several recent analyst reports. Wall Street Zen upgraded shares of Nice from a “hold” rating to a “buy” rating in a research note on Saturday. Citigroup lowered their price target on shares of Nice from $214.00 to $211.00 and set a “buy” rating for the company in a report on Monday, May 19th. Royal Bank Of Canada reiterated an “outperform” rating and set a $200.00 price target on shares of Nice in a report on Wednesday, June 18th. DA Davidson lowered their price target on shares of Nice from $195.00 to $150.00 and set a “neutral” rating for the company in a report on Thursday, August 14th. Finally, JMP Securities restated a “market outperform” rating and issued a $300.00 target price on shares of Nice in a report on Tuesday, August 26th. Eight equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $205.25.

Nice Stock Up 0.1%

Nice stock opened at $142.81 on Monday. The firm has a 50-day moving average price of $149.20 and a two-hundred day moving average price of $155.14. The firm has a market capitalization of $9.03 billion, a price-to-earnings ratio of 17.06, a PEG ratio of 1.24 and a beta of 0.95. Nice has a 52-week low of $127.00 and a 52-week high of $200.65.

Nice (NASDAQ:NICE) last announced its earnings results on Thursday, August 14th. The technology company reported $3.01 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.99 by $0.02. Nice had a net margin of 18.92% and a return on equity of 17.43%. The firm had revenue of $726.71 million during the quarter, compared to analyst estimates of $713.18 million. During the same quarter in the prior year, the firm posted $2.64 EPS. Nice’s revenue was up 9.4% compared to the same quarter last year. Nice has set its FY 2025 guidance at 12.330-12.530 EPS. Q3 2025 guidance at 3.120-3.220 EPS. Research analysts expect that Nice will post 9.85 earnings per share for the current year.

Nice Profile

NICE Ltd., together with its subsidiaries, provides cloud platforms for AI-driven digital business solutions worldwide. It offers CXone, a cloud native open platform; Enlighten, an AI engine for the customer engagement market; and smart self service enable organizations to address consumers' needs; and journey orchestration solutions that empower organizations to connect and route customers to deal with the customer's request, and connects them using real time AI-based routing.