Amdocs Limited $DOX Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP grew its position in shares of Amdocs Limited (NASDAQ:DOX) by 7.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,332,381 shares of the technology company’s stock after purchasing an additional 160,040 shares during the period. Dimensional Fund Advisors LP owned approximately 2.07% of Amdocs worth $191,366,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Harbor Capital Advisors Inc. acquired a new stake in shares of Amdocs in the third quarter valued at $26,000. Root Financial Partners LLC acquired a new position in Amdocs during the 3rd quarter worth about $26,000. Atlantic Union Bankshares Corp acquired a new position in Amdocs during the 3rd quarter worth about $37,000. Abich Financial Wealth Management LLC purchased a new position in Amdocs during the 3rd quarter valued at about $39,000. Finally, Quent Capital LLC purchased a new position in Amdocs during the 3rd quarter valued at about $46,000. 92.02% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

DOX has been the topic of several research reports. Wolfe Research reissued a “peer perform” rating on shares of Amdocs in a research report on Thursday, November 13th. Wall Street Zen upgraded shares of Amdocs from a “hold” rating to a “buy” rating in a report on Saturday, February 7th. Barclays cut their target price on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Amdocs in a report on Tuesday, January 27th. Finally, Bank of America dropped their price target 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. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Amdocs presently has an average rating of “Moderate Buy” and an average price target of $92.33.

Amdocs Stock Performance

Shares of DOX opened at $69.71 on Monday. The stock has a 50-day simple moving average of $76.40 and a 200-day simple moving average of $79.82. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a market capitalization of $7.53 billion, a PE ratio of 13.48, a PEG ratio of 1.23 and a beta of 0.42. Amdocs Limited has a 1 year low of $65.74 and a 1 year high of $95.41.

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

Amdocs Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Tuesday, March 31st will be given a $0.569 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.3%. This is a boost from Amdocs’s previous quarterly dividend of $0.53. Amdocs’s payout ratio is currently 40.81%.

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.