Bahl & Gaynor Inc. Sells 49,552 Shares of Amdocs Limited $DOX

Bahl & Gaynor Inc. reduced its position in Amdocs Limited (NASDAQ:DOX) by 8.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 542,545 shares of the technology company’s stock after selling 49,552 shares during the quarter. Bahl & Gaynor Inc. owned approximately 0.48% of Amdocs worth $49,502,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. AlphaCore Capital LLC bought a new position in Amdocs in the 2nd quarter worth $211,000. AXQ Capital LP raised its holdings in Amdocs by 127.4% during the second quarter. AXQ Capital LP now owns 14,788 shares of the technology company’s stock valued at $1,349,000 after acquiring an additional 8,284 shares during the period. Franklin Resources Inc. lifted its position in shares of Amdocs by 8.7% in the second quarter. Franklin Resources Inc. now owns 308,570 shares of the technology company’s stock valued at $28,154,000 after acquiring an additional 24,799 shares in the last quarter. MAI Capital Management lifted its position in shares of Amdocs by 28.3% in the second quarter. MAI Capital Management now owns 2,085 shares of the technology company’s stock valued at $190,000 after acquiring an additional 460 shares in the last quarter. Finally, Hillsdale Investment Management Inc. bought a new position in shares of Amdocs in the second quarter worth about $701,000. 92.02% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

DOX has been the topic of a number of research analyst reports. Wall Street Zen cut Amdocs from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Bank of America reduced their price objective on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Wolfe Research restated a “peer perform” rating on shares of Amdocs in a research report on Thursday, November 13th. Stifel Nicolaus reduced their price target 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. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a report on Thursday, October 30th. Two investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $97.00.

Amdocs Trading Up 1.6%

Shares of DOX opened at $76.17 on Friday. The stock has a market capitalization of $8.60 billion, a PE ratio of 15.45, a P/E/G ratio of 1.40 and a beta of 0.51. The company’s fifty day moving average is $82.06 and its 200 day moving average is $86.81. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.22 and a current ratio of 1.22. Amdocs Limited has a fifty-two week low of $74.32 and a fifty-two week high of $95.41.

Amdocs (NASDAQ:DOX) last issued its quarterly earnings data on Tuesday, November 11th. The technology company reported $1.83 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $0.01. Amdocs had a net margin of 11.94% and a return on equity of 19.66%. The business had revenue of $1.15 billion during the quarter, compared to analysts’ expectations of $1.15 billion. During the same period last year, the company posted $1.70 EPS. The business’s 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. Sell-side analysts expect that Amdocs Limited will post 6.21 earnings per share for the current fiscal year.

Amdocs Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st will be paid a dividend of $0.527 per share. This represents a $2.11 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Wednesday, December 31st. Amdocs’s payout ratio is presently 41.58%.

Amdocs 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.