Northwestern Mutual Wealth Management Co. Boosts Holdings in NiCE $NICE

Northwestern Mutual Wealth Management Co. boosted its position in NiCE (NASDAQ:NICE) by 583.7% during the 4th quarter, HoldingsChannel.com reports. The firm owned 27,587 shares of the technology company’s stock after purchasing an additional 23,552 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in NiCE were worth $3,118,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Barrow Hanley Mewhinney & Strauss LLC increased its holdings in shares of NiCE by 2.7% in the 3rd quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,768,920 shares of the technology company’s stock worth $400,884,000 after buying an additional 73,083 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its holdings in shares of NiCE by 0.9% in the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 1,646,690 shares of the technology company’s stock worth $186,142,000 after buying an additional 15,000 shares during the last quarter. Artisan Partners Limited Partnership increased its holdings in shares of NiCE by 3.8% in the 3rd quarter. Artisan Partners Limited Partnership now owns 1,029,121 shares of the technology company’s stock worth $148,996,000 after buying an additional 37,973 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of NiCE by 36.0% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 880,059 shares of the technology company’s stock worth $99,482,000 after buying an additional 233,080 shares during the last quarter. Finally, Neuberger Berman Group LLC increased its holdings in shares of NiCE by 36.5% in the 3rd quarter. Neuberger Berman Group LLC now owns 845,620 shares of the technology company’s stock worth $122,429,000 after buying an additional 225,936 shares during the last quarter. Institutional investors own 63.34% of the company’s stock.

NiCE Price Performance

NiCE stock opened at $94.46 on Tuesday. The company has a market capitalization of $5.71 billion, a PE ratio of 11.21, a P/E/G ratio of 0.98 and a beta of 0.82. The firm has a fifty day simple moving average of $104.24 and a two-hundred day simple moving average of $109.98. NiCE has a twelve month low of $84.38 and a twelve month high of $180.61.

NiCE (NASDAQ:NICE) last posted its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 earnings per share for the quarter, topping the consensus estimate of $2.52 by $0.12. The business had revenue of $768.62 million during the quarter, compared to the consensus estimate of $760.94 million. NiCE had a net margin of 17.57% and a return on equity of 17.42%. The firm’s revenue for the quarter was up 9.8% on a year-over-year basis. During the same period in the previous year, the firm posted $2.87 earnings per share. NiCE has set its FY 2026 guidance at 10.980-11.180 EPS and its Q2 2026 guidance at 2.600-2.700 EPS. As a group, equities analysts expect that NiCE will post 9.08 earnings per share for the current fiscal year.

NiCE announced that its board has authorized a stock repurchase program on Thursday, February 19th that allows the company to repurchase $600.00 million in shares. This repurchase authorization allows the technology company to repurchase up to 9.6% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

Analyst Ratings Changes

A number of brokerages have recently commented on NICE. Royal Bank Of Canada decreased their price target on shares of NiCE from $150.00 to $130.00 and set an “outperform” rating on the stock in a report on Thursday, May 7th. Zacks Research raised shares of NiCE from a “strong sell” rating to a “hold” rating in a report on Tuesday, February 24th. Wedbush reissued a “neutral” rating and issued a $120.00 price target on shares of NiCE in a report on Friday, February 20th. Piper Sandler reissued a “neutral” rating and issued a $124.00 price target on shares of NiCE in a report on Monday, February 23rd. Finally, Jefferies Financial Group reissued a “hold” rating on shares of NiCE in a report on Thursday, February 19th. Six investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $136.92.

NiCE Profile

NiCE Ltd is a global software provider specializing in solutions for customer engagement, financial crime prevention, public safety, workforce optimization and border security. Its product offerings include cloud-native and on-premises platforms that leverage advanced analytics, artificial intelligence and automation to help organizations enhance customer experiences, streamline operations and ensure regulatory compliance. NiCE’s portfolio addresses the needs of contact centers, financial institutions, government agencies and enterprises across a broad range of industries.

In customer engagement, NiCE delivers tools for omnichannel interaction management, real-time and historical analytics, workforce management, and quality management.