Amdocs Limited $DOX Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. grew its holdings in shares of Amdocs Limited (NASDAQ:DOX) by 16.9% during the fourth quarter, Holdings Channel reports. The firm owned 647,446 shares of the technology company’s stock after acquiring an additional 93,708 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Amdocs were worth $52,126,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. LSV Asset Management raised its holdings in shares of Amdocs by 7.6% during the third quarter. LSV Asset Management now owns 3,648,703 shares of the technology company’s stock worth $299,376,000 after purchasing an additional 257,193 shares during the period. New York State Common Retirement Fund raised its holdings in shares of Amdocs by 20.3% during the third quarter. New York State Common Retirement Fund now owns 554,401 shares of the technology company’s stock worth $45,489,000 after purchasing an additional 93,527 shares during the period. Illinois Municipal Retirement Fund increased its holdings in shares of Amdocs by 46.6% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 149,539 shares of the technology company’s stock worth $12,270,000 after acquiring an additional 47,537 shares during the period. Alps Advisors Inc. lifted its position in Amdocs by 11.6% in the 3rd quarter. Alps Advisors Inc. now owns 237,883 shares of the technology company’s stock valued at $19,518,000 after purchasing an additional 24,771 shares during the last quarter. Finally, Value Holdings Management CO. LLC lifted its position in Amdocs by 56.5% in the 3rd quarter. Value Holdings Management CO. LLC now owns 77,575 shares of the technology company’s stock valued at $6,365,000 after purchasing an additional 28,000 shares during the last quarter. 92.02% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

DOX has been the topic of several recent research reports. Stifel Nicolaus cut their price objective on shares of 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 downgraded shares of Amdocs from a “buy” rating to a “hold” rating in a research report on Saturday, March 21st. Barclays cut their price objective on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a research report on Wednesday, February 4th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Amdocs in a research report on Tuesday, January 27th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $92.33.

Amdocs Trading Up 3.1%

Shares of NASDAQ:DOX opened at $64.95 on Tuesday. The company has a market cap of $7.01 billion, a PE ratio of 12.56, a P/E/G ratio of 1.11 and a beta of 0.46. The company’s 50-day moving average price is $67.71 and its 200 day moving average price is $76.28. Amdocs Limited has a fifty-two week low of $62.75 and a fifty-two 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.

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

Amdocs Increases Dividend

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

Amdocs Company 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.