Public Sector Pension Investment Board Takes $841,000 Position in Amdocs Limited $DOX

Public Sector Pension Investment Board bought a new stake in Amdocs Limited (NASDAQ:DOX) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,248 shares of the technology company’s stock, valued at approximately $841,000.

Several other large investors also recently added to or reduced their stakes in DOX. Huntington National Bank raised its holdings in Amdocs by 5.0% during the 2nd quarter. Huntington National Bank now owns 3,273 shares of the technology company’s stock valued at $299,000 after acquiring an additional 155 shares during the period. Scotia Capital Inc. increased its stake in Amdocs by 3.9% in the 2nd quarter. Scotia Capital Inc. now owns 4,144 shares of the technology company’s stock worth $378,000 after purchasing an additional 156 shares during the period. AE Wealth Management LLC raised its holdings in Amdocs by 4.5% during the 2nd quarter. AE Wealth Management LLC now owns 4,096 shares of the technology company’s stock valued at $374,000 after buying an additional 177 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Amdocs by 11.0% in the third quarter. Farther Finance Advisors LLC now owns 1,804 shares of the technology company’s stock valued at $148,000 after acquiring an additional 179 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its position in Amdocs by 1.8% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,742 shares of the technology company’s stock valued at $881,000 after purchasing an additional 187 shares during the last quarter. Hedge funds and other institutional investors own 92.02% of the company’s stock.

Analysts Set New Price Targets

Several analysts have commented on the stock. Bank of America lowered their price objective on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating for the company in a report on Wednesday, November 12th. Stifel Nicolaus dropped their price objective on Amdocs from $97.00 to $88.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Wall Street Zen upgraded Amdocs from a “hold” rating to a “buy” rating in a research note on Saturday, February 7th. Barclays lowered their target price on Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Finally, Wolfe Research reissued a “peer perform” rating on shares of Amdocs in a research note on Thursday, November 13th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $92.33.

Amdocs Stock Performance

Shares of Amdocs stock opened at $67.37 on Tuesday. Amdocs Limited has a 52 week low of $66.53 and a 52 week high of $95.41. The stock’s fifty day moving average is $78.55 and its two-hundred day moving average is $81.02. The company has a market capitalization of $7.27 billion, a PE ratio of 13.03, a price-to-earnings-growth ratio of 1.25 and a beta of 0.40. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.23.

Amdocs (NASDAQ:DOX) last released its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.81 EPS for the quarter, topping the consensus estimate of $1.75 by $0.06. Amdocs had a return on equity of 20.19% and a net margin of 12.47%.The company had revenue of $1.16 billion for the quarter, compared to the consensus estimate of $1.15 billion. During the same period last year, the business posted $1.66 EPS. Amdocs’s quarterly revenue was up 4.1% on a year-over-year basis. 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, analysts expect that Amdocs Limited will post 6.21 earnings per share for the current year.

Amdocs Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.569 per share. The ex-dividend date is Tuesday, March 31st. This represents a $2.28 annualized dividend and a dividend yield of 3.4%. This is a boost from Amdocs’s previous quarterly dividend of $0.53. Amdocs’s dividend payout ratio (DPR) is currently 40.81%.

Amdocs 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.