301,477 Shares in Amdocs Limited $DOX Purchased by Arbejdsmarkedets Tillaegspension

Arbejdsmarkedets Tillaegspension bought a new stake in Amdocs Limited (NASDAQ:DOX) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 301,477 shares of the technology company’s stock, valued at approximately $24,272,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new position in Amdocs in the 3rd quarter valued at about $26,000. WealthCollab LLC boosted its holdings in Amdocs by 94.5% in the 3rd quarter. WealthCollab LLC now owns 356 shares of the technology company’s stock valued at $29,000 after purchasing an additional 173 shares during the last quarter. Atlantic Union Bankshares Corp acquired a new position in Amdocs in the 3rd quarter valued at about $37,000. Abich Financial Wealth Management LLC acquired a new position in Amdocs in the 3rd quarter valued at about $39,000. Finally, Advisory Services Network LLC acquired a new position in Amdocs in the 3rd quarter valued at about $42,000. 92.02% of the stock is currently owned by institutional investors and hedge funds.

Key Amdocs News

Here are the key news stories impacting Amdocs this week:

• Positive Sentiment: Amdocs posted Q2 revenue of $1.17 billion and non-GAAP EPS of $1.78, both at or modestly above analyst expectations, which supports the stock. Amdocs Limited Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: Management cited growth in North America, Europe, and Rest of World, along with a backlog increase to $4.28 billion, indicating continued demand for Amdocs’ software and services. Amdocs Q2 Earnings Surpass Estimates, Revenues Rise Y/Y
• Positive Sentiment: The company raised/confirmed its fiscal 2026 outlook, with revenue growth guidance and free cash flow expectations that suggest management remains confident in the full-year business trajectory. Amdocs Limited Reports Second Quarter Fiscal 2026 Results
• Positive Sentiment: Amdocs announced multiple customer wins and expansions, including agreements with Telefónica Móviles Argentina, Vodafone Ireland, Lumen Technologies, and Qué tal Móvil, reinforcing the company’s sales pipeline. Telefónica Móviles Argentina Signs Strategic Multi-Year Agreement with Amdocs to Advance its Operational Excellence
• Neutral Sentiment: The company also announced an investor conference schedule and a new CFO appointment, which is important for governance but is unlikely to be a major near-term stock driver on its own. Amdocs Announces Third Quarter 2026 Investor Conference Schedule
• Neutral Sentiment: Amdocs also declared a quarterly dividend, which may appeal to income investors but is not the main reason for the stock’s move today. Amdocs (DOX) stock trades up, here is why

Amdocs Price Performance

Amdocs stock opened at $61.93 on Friday. The firm has a market cap of $6.69 billion, a PE ratio of 12.39, a price-to-earnings-growth ratio of 1.06 and a beta of 0.40. Amdocs Limited has a 52-week low of $59.40 and a 52-week high of $95.41. 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 company’s 50 day moving average is $65.41 and its two-hundred day moving average is $73.65.

Amdocs (NASDAQ:DOX) last announced its quarterly earnings data on Wednesday, May 13th. The technology company reported $1.78 EPS for the quarter, beating analysts’ consensus estimates of $1.77 by $0.01. Amdocs had a net margin of 11.81% and a return on equity of 19.67%. The company had revenue of $1.17 billion for the quarter, compared to the consensus estimate of $1.17 billion. During the same period in the prior year, the firm posted $1.78 EPS. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. Amdocs has set its FY 2026 guidance at 7.340-7.480 EPS and its Q3 2026 guidance at 1.810-1.870 EPS. On average, research analysts expect that Amdocs Limited will post 6.64 EPS for the current fiscal year.

Amdocs Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be given a $0.569 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.7%. Amdocs’s dividend payout ratio is currently 44.10%.

Wall Street Analysts Forecast Growth

DOX has been the topic of several recent analyst reports. Barclays decreased their target price on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a report on Wednesday, February 4th. Cfra downgraded shares of Amdocs to a “sell” rating in a research note on Thursday. Stifel Nicolaus lowered their price objective on shares of Amdocs from $88.00 to $71.00 and set a “buy” rating for the company in a research report on Thursday. Wall Street Zen upgraded shares of Amdocs from a “hold” rating to a “buy” rating in a report on Saturday, April 18th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Amdocs in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $86.67.

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.