NiCE $NICE Shares Purchased by Grantham Mayo Van Otterloo & Co. LLC

Grantham Mayo Van Otterloo & Co. LLC raised its position in NiCE (NASDAQ:NICE) by 25.0% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 120,457 shares of the technology company’s stock after purchasing an additional 24,070 shares during the period. Grantham Mayo Van Otterloo & Co. LLC’s holdings in NiCE were worth $17,440,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lazard Asset Management LLC grew its holdings in shares of NiCE by 116.1% during the second quarter. Lazard Asset Management LLC now owns 1,226,920 shares of the technology company’s stock worth $207,238,000 after buying an additional 659,170 shares in the last quarter. Artisan Partners Limited Partnership lifted its stake in shares of NiCE by 3.8% in the third 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 in the last quarter. Neuberger Berman Group LLC lifted its stake in shares of NiCE by 36.5% in the third 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 in the last quarter. Alliancebernstein L.P. boosted its position in NiCE by 6.6% during the second quarter. Alliancebernstein L.P. now owns 819,140 shares of the technology company’s stock worth $138,361,000 after acquiring an additional 50,403 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. grew its stake in NiCE by 1.3% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 646,979 shares of the technology company’s stock valued at $93,670,000 after acquiring an additional 8,170 shares in the last quarter. Institutional investors and hedge funds own 63.34% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Jefferies Financial Group reiterated a “hold” rating on shares of NiCE in a report on Thursday, February 19th. Cantor Fitzgerald lowered their target price on NiCE from $154.00 to $133.00 and set a “neutral” rating on the stock in a report on Tuesday, November 18th. Citizens Jmp set a $200.00 price target on NiCE in a research report on Friday, November 14th. Wedbush reaffirmed a “neutral” rating and issued a $120.00 price target on shares of NiCE in a report on Friday, February 20th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of NiCE in a research report on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, NiCE presently has an average rating of “Hold” and a consensus target price of $151.83.

NiCE Price Performance

Shares of NiCE stock opened at $127.52 on Monday. The stock has a market capitalization of $8.07 billion, a price-to-earnings ratio of 13.19, a price-to-earnings-growth ratio of 1.49 and a beta of 0.95. The business has a 50-day moving average of $113.27 and a 200 day moving average of $122.83. NiCE has a 12 month low of $94.65 and a 12 month high of $180.61.

NiCE (NASDAQ:NICE) last issued its quarterly earnings results on Thursday, February 19th. The technology company reported $3.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.23 by $0.01. The company had revenue of $786.50 million for the quarter, compared to analyst estimates of $779.95 million. NiCE had a net margin of 20.78% and a return on equity of 18.26%. The business’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.02 earnings per share. NiCE has set its FY 2026 guidance at 10.850-11.050 EPS and its Q1 2026 guidance at 2.450-2.550 EPS. Equities research analysts anticipate that NiCE will post 9.85 earnings per share for the current year.

NiCE announced that its Board of Directors has authorized a stock repurchase program on Thursday, February 19th that allows the company to buyback $600.00 million in outstanding shares. This buyback authorization allows the technology company to purchase up to 9.6% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.

NiCE Company 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.