Westwood Holdings Group Inc. Sells 1,888 Shares of Amdocs Limited $DOX

Westwood Holdings Group Inc. reduced its position in Amdocs Limited (NASDAQ:DOX) by 0.8% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 227,561 shares of the technology company’s stock after selling 1,888 shares during the period. Westwood Holdings Group Inc.’s holdings in Amdocs were worth $20,763,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DOX. Quarry LP boosted its holdings in Amdocs by 42.2% in the 1st quarter. Quarry LP now owns 391 shares of the technology company’s stock valued at $36,000 after purchasing an additional 116 shares during the period. Alhambra Investment Management LLC boosted its stake in Amdocs by 5.0% during the second quarter. Alhambra Investment Management LLC now owns 2,585 shares of the technology company’s stock valued at $236,000 after buying an additional 124 shares during the period. William Blair Investment Management LLC grew its position in Amdocs by 2.4% during the second quarter. William Blair Investment Management LLC now owns 5,650 shares of the technology company’s stock worth $516,000 after buying an additional 133 shares in the last quarter. Mutual Advisors LLC increased its stake in Amdocs by 3.2% in the 2nd quarter. Mutual Advisors LLC now owns 4,516 shares of the technology company’s stock worth $397,000 after acquiring an additional 138 shares during the last quarter. Finally, MGO One Seven LLC raised its holdings in shares of Amdocs by 5.1% in the 2nd quarter. MGO One Seven LLC now owns 2,899 shares of the technology company’s stock valued at $264,000 after acquiring an additional 140 shares in the last quarter. Institutional investors own 92.02% of the company’s stock.

Amdocs Price Performance

Shares of NASDAQ:DOX opened at $77.74 on Friday. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.23. The stock has a market cap of $8.78 billion, a PE ratio of 15.77, a PEG ratio of 1.40 and a beta of 0.51. The company’s fifty day moving average is $83.02 and its 200 day moving average is $87.27. Amdocs Limited has a 52 week low of $75.35 and a 52 week high of $95.41.

Amdocs (NASDAQ:DOX) last posted its quarterly earnings results on Tuesday, November 11th. The technology company reported $1.83 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $1.15 billion. During the same period in the prior year, the business posted $1.70 earnings per share. The company’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. Research analysts anticipate that Amdocs Limited will post 6.21 earnings per share for the current year.

Amdocs Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, December 31st will be given a dividend of $0.527 per share. This represents a $2.11 annualized dividend and a yield of 2.7%. The ex-dividend date is Wednesday, December 31st. Amdocs’s dividend payout ratio (DPR) is presently 41.58%.

Analysts Set New Price Targets

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

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.