Amdocs (NASDAQ:DOX) Announces Earnings Results

Amdocs (NASDAQ:DOX) issued its earnings results on Tuesday. The technology company reported $1.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $0.01, Briefing.com reports. The firm had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Amdocs had a net margin of 11.94% and a return on equity of 19.66%. Amdocs’s revenue was down 9.0% on a year-over-year basis. During the same quarter last year, the company posted $1.70 earnings per share. Amdocs updated its FY 2026 guidance to 7.270-7.550 EPS and its Q1 2026 guidance to 1.730-1.790 EPS.

Amdocs Stock Performance

Shares of NASDAQ DOX traded down $6.60 during mid-day trading on Wednesday, hitting $77.36. The company had a trading volume of 4,156,885 shares, compared to its average volume of 769,054. The stock has a market cap of $8.73 billion, a price-to-earnings ratio of 15.69, a PEG ratio of 1.40 and a beta of 0.51. The firm’s 50 day simple moving average is $83.49 and its two-hundred day simple moving average is $87.48. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.22 and a quick ratio of 1.22. Amdocs has a 12 month low of $76.50 and a 12 month high of $95.41.

Amdocs Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st will be issued a $0.527 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $2.11 dividend on an annualized basis and a yield of 2.7%. Amdocs’s dividend payout ratio (DPR) is currently 42.60%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Stifel Nicolaus cut their target price on Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research note on Wednesday. Wall Street Zen downgraded shares of Amdocs from a “buy” rating to a “hold” rating in a research report on Saturday. Bank of America decreased 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. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Amdocs in a research note on Thursday, October 30th. Five equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $102.50.

Institutional Trading of Amdocs

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

About Amdocs

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.