NiCE $NICE Shares Purchased by Barrow Hanley Mewhinney & Strauss LLC

Barrow Hanley Mewhinney & Strauss LLC boosted its position in NiCE (NASDAQ:NICE) by 2.7% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 2,768,920 shares of the technology company’s stock after acquiring an additional 73,083 shares during the period. Barrow Hanley Mewhinney & Strauss LLC owned about 4.38% of NiCE worth $400,884,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Lakewood Asset Management LLC increased its stake in shares of NiCE by 478.5% during the 3rd quarter. Lakewood Asset Management LLC now owns 12,791 shares of the technology company’s stock valued at $1,852,000 after acquiring an additional 10,580 shares during the last quarter. Truist Financial Corp acquired a new stake in shares of NiCE in the third quarter worth approximately $1,230,000. Mediolanum International Funds Ltd grew its holdings in NiCE by 101.7% in the third quarter. Mediolanum International Funds Ltd now owns 44,940 shares of the technology company’s stock valued at $6,578,000 after purchasing an additional 22,664 shares during the period. Madison Asset Management LLC acquired a new position in NiCE during the third quarter worth approximately $1,381,000. Finally, Arrowstreet Capital Limited Partnership increased its position in NiCE by 36.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 336,887 shares of the technology company’s stock worth $56,904,000 after purchasing an additional 90,054 shares during the last quarter. 63.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

NICE has been the subject of several research reports. Royal Bank Of Canada lowered their price objective on shares of NiCE from $175.00 to $150.00 and set an “outperform” rating for the company in a research note on Friday, February 20th. Zacks Research upgraded NiCE from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. Cantor Fitzgerald lowered their price target on NiCE from $154.00 to $133.00 and set a “neutral” rating for the company in a research report on Tuesday, November 18th. Citigroup upped their price target on NiCE from $209.00 to $211.00 and gave the stock a “buy” rating in a research note on Friday, November 14th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of NiCE in a report on Monday, December 29th. Seven analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $151.83.

NiCE Trading Down 2.4%

Shares of NASDAQ NICE opened at $122.59 on Wednesday. NiCE has a 12-month low of $94.65 and a 12-month high of $180.61. The stock has a fifty day moving average price of $113.71 and a 200 day moving average price of $122.60. The company has a market cap of $7.75 billion, a P/E ratio of 12.68, a P/E/G ratio of 1.47 and a beta of 0.95.

NiCE (NASDAQ:NICE) last posted its earnings results on Thursday, February 19th. The technology company reported $3.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.23 by $0.01. The business had revenue of $786.50 million during the quarter, compared to analyst estimates of $779.95 million. NiCE had a return on equity of 18.26% and a net margin of 20.78%.The company’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same quarter last year, the firm earned $3.02 earnings per share. 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, sell-side analysts forecast that NiCE will post 9.85 EPS for the current fiscal year.

NiCE declared that its Board of Directors has authorized a stock repurchase plan on Thursday, February 19th that permits the company to repurchase $600.00 million in shares. This repurchase authorization permits the technology company to repurchase up to 9.6% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

About NiCE

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.