Principal Financial Group Inc. Lowers Holdings in Amdocs Limited $DOX

Principal Financial Group Inc. trimmed its position in Amdocs Limited (NASDAQ:DOX) by 5.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 725,829 shares of the technology company’s stock after selling 39,634 shares during the period. Principal Financial Group Inc.’s holdings in Amdocs were worth $59,555,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Mutual Advisors LLC grew its holdings in shares of Amdocs by 23.2% during the third quarter. Mutual Advisors LLC now owns 5,565 shares of the technology company’s stock worth $465,000 after purchasing an additional 1,049 shares in the last quarter. Frank Rimerman Advisors LLC lifted its position in Amdocs by 137.5% during the third quarter. Frank Rimerman Advisors LLC now owns 5,695 shares of the technology company’s stock valued at $467,000 after purchasing an additional 3,297 shares during the last quarter. New York State Common Retirement Fund grew its stake in Amdocs by 20.3% in the 3rd quarter. New York State Common Retirement Fund now owns 554,401 shares of the technology company’s stock worth $45,489,000 after buying an additional 93,527 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Amdocs by 1.8% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,742 shares of the technology company’s stock worth $881,000 after buying an additional 187 shares during the last quarter. Finally, Innealta Capital LLC bought a new position in shares of Amdocs in the 3rd quarter worth $239,000. Institutional investors own 92.02% of the company’s stock.

Amdocs Stock Down 8.6%

Shares of NASDAQ DOX opened at $74.02 on Wednesday. The firm’s fifty day moving average is $80.37 and its 200 day moving average is $82.64. Amdocs Limited has a 52 week low of $73.18 and a 52 week high of $95.41. The company has a quick ratio of 1.17, a current ratio of 1.17 and a debt-to-equity ratio of 0.23. The company has a market cap of $7.99 billion, a price-to-earnings ratio of 14.66, a PEG ratio of 1.37 and a beta of 0.40.

Amdocs (NASDAQ:DOX) last announced its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.75 by $0.06. The business had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.15 billion. Amdocs had a net margin of 12.46% and a return on equity of 19.78%. The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $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. On average, equities research analysts expect that Amdocs Limited will post 6.21 earnings per share for the current year.

Amdocs Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 30th. Investors of record on Wednesday, December 31st were paid a $0.527 dividend. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $2.11 annualized dividend and a dividend yield of 2.8%. Amdocs’s dividend payout ratio (DPR) is presently 41.78%.

More Amdocs News

Here are the key news stories impacting Amdocs this week:

• Positive Sentiment: T‑Mobile extended a strategic multi‑year agreement with Amdocs covering managed services, software development and AI initiatives — a material customer renewal that supports recurring revenue. T‑Mobile strategic agreement
• Positive Sentiment: VIDAA selected Amdocs MarketONE to power OTT subscription and bundled streaming on smart TVs — a product win that could expand MarketONE adoption and monetization opportunities. VIDAA selects MarketONE
• Positive Sentiment: Amdocs launched aOS, an “agentic operating system” aimed at embedding generative AI into telecom operations — a strategic product initiative that could drive long‑term differentiation. Amdocs introduces aOS
• Positive Sentiment: Shareholders approved board proposals at the AGM, including a boosted dividend and expansion of the employee share plan — supportive for income investors and employee alignment. AGM results
• Neutral Sentiment: The company posted press materials, a slide deck and a conference call recording for the quarter — useful for parsing results and management commentary but not a market mover by itself. Press release / slide deck
• Neutral Sentiment: Short‑interest reports in recent feeds show inconsistent/zero values (NaN/0) and days‑to‑cover of 0.0 — the published data appears unreliable and shouldn’t be interpreted as fresh bearish positioning.
• Negative Sentiment: MarketBeat and some market sources reported Amdocs’ quarter at $1.63 EPS, missing consensus (~$1.75) — that reported miss likely triggered immediate selling. MarketBeat earnings report
• Negative Sentiment: Conflicting headlines — Zacks published a report showing an adjusted beat ($1.81) while other outlets showed a $1.63 EPS result — created investor confusion over the company’s actual performance and adjustments, amplifying volatility and downside pressure. Zacks earnings note

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Bank of America dropped 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. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amdocs in a research note on Tuesday, January 27th. Wolfe Research reiterated a “peer perform” rating on shares of Amdocs in a report on Thursday, November 13th. Stifel Nicolaus reduced their price target on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating on the stock in a research report on Wednesday, November 12th. Finally, Wall Street Zen lowered shares of Amdocs from a “buy” rating to a “hold” rating in a report on Saturday, January 3rd. Two equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $97.00.

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.