Traders Purchase Large Volume of Amdocs Call Options (NASDAQ:DOX)

Amdocs Limited (NASDAQ:DOX) saw some unusual options trading on Wednesday. Stock investors acquired 9,414 call options on the company. This represents an increase of approximately 1,067% compared to the typical daily volume of 807 call options.

Wall Street Analysts Forecast Growth

Several research firms recently commented on DOX. Barclays decreased their price target on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Stifel Nicolaus reduced their price target on Amdocs from $97.00 to $88.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amdocs in a report on Tuesday, January 27th. Finally, Wall Street Zen downgraded Amdocs from a “buy” rating to a “hold” rating in a research note on Saturday, March 21st. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $92.33.

Institutional Trading of Amdocs

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Amundi boosted its holdings in shares of Amdocs by 73.0% in the 1st quarter. Amundi now owns 13,778 shares of the technology company’s stock valued at $1,217,000 after buying an additional 5,816 shares during the last quarter. Millennium Management LLC increased its holdings in Amdocs by 458.3% during the first quarter. Millennium Management LLC now owns 67,047 shares of the technology company’s stock worth $6,135,000 after buying an additional 55,038 shares during the last quarter. Goldman Sachs Group Inc. raised its position in Amdocs by 12.6% during the first quarter. Goldman Sachs Group Inc. now owns 331,146 shares of the technology company’s stock worth $30,300,000 after acquiring an additional 37,087 shares in the last quarter. Empowered Funds LLC lifted its stake in Amdocs by 12.0% in the first quarter. Empowered Funds LLC now owns 15,979 shares of the technology company’s stock valued at $1,462,000 after acquiring an additional 1,709 shares during the last quarter. Finally, Jane Street Group LLC lifted its stake in Amdocs by 195.4% in the first quarter. Jane Street Group LLC now owns 115,929 shares of the technology company’s stock valued at $10,608,000 after acquiring an additional 76,683 shares during the last quarter. 92.02% of the stock is currently owned by institutional investors and hedge funds.

Amdocs Stock Down 0.2%

Shares of NASDAQ:DOX opened at $65.10 on Thursday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.23. The firm has a market cap of $7.03 billion, a P/E ratio of 12.59, a P/E/G ratio of 1.15 and a beta of 0.46. Amdocs has a 12 month low of $63.33 and a 12 month high of $95.41. The company’s 50-day moving average price is $70.38 and its two-hundred day moving average price is $77.35.

Amdocs (NASDAQ:DOX) last released its earnings results on Tuesday, February 3rd. The technology company reported $1.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.75 by $0.06. Amdocs had a net margin of 12.47% and a return on equity of 20.19%. The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the company posted $1.66 EPS. The company’s revenue was up 4.1% compared to the same quarter last year. Amdocs has set its Q2 2026 guidance at 1.730-1.790 EPS and its FY 2026 guidance at 7.270-7.550 EPS. As a group, research analysts forecast that Amdocs will post 6.21 EPS for the current fiscal year.

Amdocs Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Shareholders of record on Tuesday, March 31st will be issued a dividend of $0.569 per share. This is a boost from Amdocs’s previous quarterly dividend of $0.53. The ex-dividend date is Tuesday, March 31st. This represents a $2.28 dividend on an annualized basis and a yield of 3.5%. Amdocs’s dividend payout ratio is currently 44.10%.

About Amdocs

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.