Crossmark Global Holdings Inc. Increases Stock Holdings in NiCE $NICE

Crossmark Global Holdings Inc. grew its stake in NiCE (NASDAQ:NICE) by 44.9% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,000 shares of the technology company’s stock after purchasing an additional 4,027 shares during the period. Crossmark Global Holdings Inc.’s holdings in NiCE were worth $1,882,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of NICE. AQR Capital Management LLC purchased a new position in NiCE in the 1st quarter valued at $226,000. Goldman Sachs Group Inc. raised its position in NiCE by 81.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 229,813 shares of the technology company’s stock worth $35,430,000 after buying an additional 103,342 shares during the last quarter. Empowered Funds LLC purchased a new position in NiCE during the 1st quarter worth $892,000. Woodline Partners LP lifted its stake in shares of NiCE by 18.7% in the 1st quarter. Woodline Partners LP now owns 20,140 shares of the technology company’s stock worth $3,105,000 after acquiring an additional 3,178 shares during the period. Finally, Atria Investments Inc lifted its stake in shares of NiCE by 11.2% in the 2nd quarter. Atria Investments Inc now owns 1,791 shares of the technology company’s stock worth $303,000 after acquiring an additional 180 shares during the period. 63.34% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

NICE has been the topic of a number of recent analyst reports. Wedbush reiterated a “neutral” rating and set a $120.00 price target on shares of NiCE in a research note on Friday, February 20th. Zacks Research upgraded shares of NiCE from a “strong sell” rating to a “hold” rating in a research report on Tuesday, February 24th. Mizuho lowered their price objective on NiCE from $185.00 to $150.00 and set an “outperform” rating on the stock in a report on Tuesday, November 18th. Jefferies Financial Group reiterated a “hold” rating on shares of NiCE in a research report on Thursday, February 19th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of NiCE in a research note on Monday, December 29th. Seven investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $151.83.

NiCE Stock Down 0.5%

Shares of NICE opened at $127.52 on Monday. NiCE has a 52-week low of $94.65 and a 52-week high of $180.61. The company has a 50-day simple moving average of $113.27 and a 200-day simple moving average of $122.83. The company has a market capitalization of $8.07 billion, a PE ratio of 13.19, a P/E/G ratio of 1.49 and a beta of 0.95.

NiCE (NASDAQ:NICE) last released its quarterly earnings data on Thursday, February 19th. The technology company reported $3.24 EPS for the quarter, topping analysts’ consensus estimates of $3.23 by $0.01. NiCE had a net margin of 20.78% and a return on equity of 18.26%. The firm had revenue of $786.50 million for the quarter, compared to the consensus estimate of $779.95 million. During the same quarter in the previous year, the firm earned $3.02 earnings per share. The firm’s revenue was up 9.0% on a year-over-year basis. NiCE has set its FY 2026 guidance at 10.850-11.050 EPS and its Q1 2026 guidance at 2.450-2.550 EPS. On average, research analysts anticipate that NiCE will post 9.85 EPS for the current year.

NiCE announced that its board has authorized a share repurchase program on Thursday, February 19th that permits the company to repurchase $600.00 million in outstanding shares. This repurchase authorization permits the technology company to buy up to 9.6% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board of directors believes its stock is undervalued.

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.