Wealth Enhancement Advisory Services LLC Raises Stock Holdings in Amdocs Limited $DOX

Wealth Enhancement Advisory Services LLC grew its position in shares of Amdocs Limited (NASDAQ:DOX) by 128.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 324,484 shares of the technology company’s stock after acquiring an additional 182,691 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.30% of Amdocs worth $26,585,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of DOX. LSV Asset Management increased its holdings in shares of Amdocs by 7.6% in the 3rd quarter. LSV Asset Management now owns 3,648,703 shares of the technology company’s stock worth $299,376,000 after buying an additional 257,193 shares during the last quarter. Illinois Municipal Retirement Fund increased its stake in Amdocs by 46.6% during the third 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 last quarter. New York State Common Retirement Fund raised its position in 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 valued at $45,489,000 after purchasing an additional 93,527 shares during the period. Alps Advisors Inc. lifted its stake in shares of 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, JPMorgan Chase & Co. boosted its holdings in shares of Amdocs by 13.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 266,124 shares of the technology company’s stock worth $24,281,000 after purchasing an additional 31,827 shares during the period. Institutional investors own 92.02% of the company’s stock.

Wall Street Analyst Weigh In

DOX has been the subject of a number of analyst reports. Stifel Nicolaus lowered their price target on Amdocs from $97.00 to $88.00 and set a “buy” rating for the company in a research report on Wednesday, February 4th. Barclays reduced their target price on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 4th. Weiss Ratings restated a “hold (c)” rating on shares of Amdocs in a report on Tuesday, January 27th. Finally, Wall Street Zen downgraded shares of Amdocs from a “buy” rating to a “hold” rating in a report on Saturday. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $92.33.

Amdocs Stock Performance

Shares of Amdocs stock opened at $63.69 on Wednesday. Amdocs Limited has a 52 week low of $63.33 and a 52 week high of $95.41. The company has a market capitalization of $6.88 billion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 1.15 and a beta of 0.42. The stock’s fifty day moving average is $72.59 and its two-hundred day moving average is $78.14. 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 posted its quarterly earnings results on Tuesday, February 3rd. The technology company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.06. Amdocs had a net margin of 12.47% and a return on equity of 20.19%. The firm had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.15 billion. During the same period in the prior year, the business posted $1.66 earnings per share. The business’s revenue for the quarter was up 4.1% on a year-over-year basis. Amdocs has set its Q2 2026 guidance at 1.730-1.790 EPS and its FY 2026 guidance at 7.270-7.550 EPS. As a group, analysts expect 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. Stockholders of record on Tuesday, March 31st will be given a dividend of $0.569 per share. This represents a $2.28 dividend on an annualized basis and a dividend yield of 3.6%. This is a boost from Amdocs’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend is Tuesday, March 31st. Amdocs’s dividend payout ratio is 40.81%.

Amdocs 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.