AXQ Capital LP Raises Stake in Amdocs Limited $DOX

AXQ Capital LP lifted its position in Amdocs Limited (NASDAQ:DOX) by 127.4% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 14,788 shares of the technology company’s stock after purchasing an additional 8,284 shares during the period. AXQ Capital LP’s holdings in Amdocs were worth $1,349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Quarry LP boosted its holdings in Amdocs by 42.2% in the 1st quarter. Quarry LP now owns 391 shares of the technology company’s stock worth $36,000 after buying an additional 116 shares during the period. Rossby Financial LCC bought a new stake in Amdocs during the second quarter valued at about $41,000. SVB Wealth LLC purchased a new position in shares of Amdocs in the first quarter valued at about $43,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Amdocs by 537.8% in the second quarter. Caitong International Asset Management Co. Ltd now owns 472 shares of the technology company’s stock worth $43,000 after acquiring an additional 398 shares during the period. Finally, Neo Ivy Capital Management purchased a new stake in shares of Amdocs during the second quarter worth about $54,000. 92.02% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently commented on the company. Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a report on Thursday, October 30th. Stifel Nicolaus lowered their target price on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Wolfe Research restated a “peer perform” rating on shares of Amdocs in a research report on Thursday, November 13th. Bank of America cut their target price on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Finally, Wall Street Zen downgraded shares of Amdocs from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Two analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $97.00.

Amdocs Stock Performance

Amdocs stock opened at $76.17 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22. The firm has a market capitalization of $8.60 billion, a P/E ratio of 15.45, a price-to-earnings-growth ratio of 1.40 and a beta of 0.51. Amdocs Limited has a 1-year low of $74.32 and a 1-year high of $95.41. The company’s 50-day moving average is $82.06 and its 200 day moving average is $86.81.

Amdocs (NASDAQ:DOX) last released its earnings results on Tuesday, November 11th. The technology company reported $1.83 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $0.01. Amdocs had a return on equity of 19.66% and a net margin of 11.94%.The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same quarter in the prior year, the firm posted $1.70 earnings per share. The company’s quarterly revenue was down 9.0% on a year-over-year basis. Amdocs has set its FY 2026 guidance at 7.270-7.550 EPS. Q1 2026 guidance at 1.730-1.790 EPS. Research analysts forecast that Amdocs Limited will post 6.21 EPS for the current year.

Amdocs Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.527 per share. This represents a $2.11 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Wednesday, December 31st. Amdocs’s dividend payout ratio (DPR) is 41.58%.

Amdocs Company Profile

Amdocs Limited, through its subsidiaries, provides software and services worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. The company provides CES23, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; Amdocs Subscription Marketplace, a software-as-a-service-based platform that includes an expansive network of pre-integrated digital services, such as media, gaming, eLearning, sports, and retail to security and business services; the monetization suite for charging, billing, policy, and revenue management; Intelligent networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; amAIz, a telco GenAI framework; Amdocs Digital Brands Suite, a pre-integrated digital business suite; and Amdocs eSIM Cloud for service providers.