Prudential PLC Raises Position in Amdocs Limited $DOX

Prudential PLC lifted its position in shares of Amdocs Limited (NASDAQ:DOX) by 31.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,330 shares of the technology company’s stock after acquiring an additional 15,055 shares during the quarter. Prudential PLC owned 0.06% of Amdocs worth $5,778,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Quarry LP boosted its holdings in Amdocs by 42.2% in the 1st quarter. Quarry LP now owns 391 shares of the technology company’s stock valued at $36,000 after purchasing an additional 116 shares in the last quarter. Rossby Financial LCC purchased a new position in shares of Amdocs during the 2nd quarter worth approximately $41,000. SVB Wealth LLC acquired a new stake in shares of Amdocs in the 1st quarter valued at approximately $43,000. Caitong International Asset Management Co. Ltd boosted its stake in shares of Amdocs by 537.8% in the second quarter. Caitong International Asset Management Co. Ltd now owns 472 shares of the technology company’s stock valued at $43,000 after buying an additional 398 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its holdings in Amdocs by 213.9% during 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 period. Institutional investors and hedge funds own 92.02% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on DOX shares. Weiss Ratings reissued a “hold (c)” rating on shares of Amdocs in a report on Thursday, October 30th. Wall Street Zen cut shares of Amdocs from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Wolfe Research reissued a “peer perform” rating on shares of Amdocs in a report on Thursday, November 13th. Stifel Nicolaus dropped their target price 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. Finally, Bank of America reduced their price target on shares of Amdocs from $100.00 to $97.00 and set a “buy” rating for the company in a research report 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’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $97.00.

Amdocs Trading Up 1.6%

Amdocs stock opened at $76.17 on Friday. The stock has a 50-day moving average price of $82.06 and a 200 day moving average price of $86.81. Amdocs Limited has a 52 week low of $74.32 and a 52 week high of $95.41. The stock has a market cap of $8.60 billion, a PE ratio of 15.45, a P/E/G ratio of 1.40 and a beta of 0.51. The company has a current ratio of 1.22, a quick ratio of 1.22 and a debt-to-equity ratio of 0.23.

Amdocs (NASDAQ:DOX) last released its quarterly earnings results on Tuesday, November 11th. The technology company reported $1.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $0.01. The company 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%. The firm’s revenue for the quarter was down 9.0% compared to the same quarter last year. During the same period last year, the company earned $1.70 EPS. Amdocs has set its FY 2026 guidance at 7.270-7.550 EPS. Q1 2026 guidance at 1.730-1.790 EPS. Equities research analysts predict that Amdocs Limited will post 6.21 earnings per share for the current fiscal year.

Amdocs Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Wednesday, December 31st will be paid a $0.527 dividend. This represents a $2.11 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Wednesday, December 31st. Amdocs’s payout ratio is presently 41.58%.

Amdocs Profile

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.