Amdocs Limited $DOX Holdings Decreased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. cut its position in shares of Amdocs Limited (NASDAQ:DOX) by 20.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 24,130 shares of the technology company’s stock after selling 6,334 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Amdocs were worth $2,221,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Quarry LP raised its holdings in shares of Amdocs by 42.2% during the first quarter. Quarry LP now owns 391 shares of the technology company’s stock worth $36,000 after purchasing an additional 116 shares during the period. Rossby Financial LCC bought a new stake in shares of Amdocs during the 2nd quarter valued at about $41,000. SVB Wealth LLC acquired a new stake in Amdocs during the first quarter worth about $43,000. Caitong International Asset Management Co. Ltd raised its stake in Amdocs by 537.8% during the second quarter. Caitong International Asset Management Co. Ltd now owns 472 shares of the technology company’s stock worth $43,000 after acquiring an additional 398 shares during the period. Finally, Geneos Wealth Management Inc. lifted its holdings in Amdocs by 213.9% in the first quarter. Geneos Wealth Management Inc. now owns 700 shares of the technology company’s stock worth $64,000 after acquiring an additional 477 shares during the last quarter. Institutional investors and hedge funds own 92.02% of the company’s stock.

Wall Street Analyst Weigh In

DOX has been the subject of several recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amdocs in a report on Thursday, October 30th. Wall Street Zen downgraded shares of Amdocs from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Bank of America cut their price target on Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a report on Wednesday, November 12th. Wolfe Research reaffirmed a “peer perform” rating on shares of Amdocs in a research note on Thursday, November 13th. Finally, Stifel Nicolaus decreased their price target on Amdocs from $100.00 to $97.00 and set a “buy” rating for the company in a research note on Wednesday, November 12th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $97.00.

Amdocs Trading Up 1.6%

Shares of DOX stock opened at $76.17 on Friday. The stock has a 50-day simple moving average of $82.06 and a 200 day simple moving average of $86.81. The stock has a market capitalization of $8.60 billion, a P/E ratio of 15.45, a P/E/G ratio of 1.40 and a beta of 0.51. Amdocs Limited has a fifty-two week low of $74.32 and a fifty-two week high of $95.41. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 0.23.

Amdocs (NASDAQ:DOX) last issued its quarterly earnings results on Tuesday, November 11th. The technology company reported $1.83 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $0.01. Amdocs had a net margin of 11.94% and a return on equity of 19.66%. The company had revenue of $1.15 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the prior year, the company earned $1.70 EPS. Amdocs’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. On average, sell-side analysts expect that Amdocs Limited will post 6.21 earnings per share for the current fiscal year.

Amdocs Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, December 31st will be issued a dividend of $0.527 per share. This represents a $2.11 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Wednesday, December 31st. Amdocs’s dividend payout ratio (DPR) is presently 41.58%.

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.