Amdocs Limited $DOX Shares Sold by Teachers Retirement System of The State of Kentucky

Teachers Retirement System of The State of Kentucky cut its holdings in Amdocs Limited (NASDAQ:DOX) by 25.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 228,410 shares of the technology company’s stock after selling 77,000 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Amdocs were worth $18,389,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. acquired a new position in Amdocs during the third quarter worth about $26,000. Root Financial Partners LLC acquired a new stake in shares of Amdocs in the third quarter valued at approximately $26,000. WealthCollab LLC increased its stake in shares of Amdocs by 94.5% during the 3rd quarter. WealthCollab LLC now owns 356 shares of the technology company’s stock worth $29,000 after purchasing an additional 173 shares in the last quarter. Atlantic Union Bankshares Corp purchased a new position in shares of Amdocs during the 3rd quarter worth approximately $37,000. Finally, Abich Financial Wealth Management LLC acquired a new position in shares of Amdocs during the 3rd quarter worth approximately $39,000. 92.02% of the stock is owned by institutional investors and hedge funds.

Amdocs Stock Performance

Shares of DOX opened at $65.31 on Monday. Amdocs Limited has a 1 year low of $62.75 and a 1 year high of $95.41. The company’s 50 day simple moving average is $66.67 and its 200 day simple moving average is $75.27. The company has a market capitalization of $7.05 billion, a price-to-earnings ratio of 12.63, a PEG ratio of 1.16 and a beta of 0.46. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.06 and a current ratio of 1.06.

Amdocs (NASDAQ:DOX) last issued 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. Amdocs had a return on equity of 20.19% and a net margin of 12.47%.The company had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.15 billion. During the same period in the previous year, the firm posted $1.66 EPS. Amdocs’s revenue 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. On average, sell-side analysts predict that Amdocs Limited will post 6.64 EPS for the current year.

Amdocs Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 24th. Investors of record on Tuesday, March 31st were paid a $0.569 dividend. The ex-dividend date was Tuesday, March 31st. This is an increase from Amdocs’s previous quarterly dividend of $0.53. This represents a $2.28 annualized dividend and a yield of 3.5%. Amdocs’s payout ratio is currently 44.10%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on DOX shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Amdocs in a research note on Tuesday, January 27th. Barclays cut their price target on Amdocs from $111.00 to $92.00 and set an “overweight” rating for the company in a report on Wednesday, February 4th. Stifel Nicolaus reduced their price objective on Amdocs from $97.00 to $88.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Finally, Wall Street Zen raised Amdocs from a “hold” rating to a “buy” rating in a research note on Saturday, April 18th. Three 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 presently has a consensus rating of “Moderate Buy” and an average price target of $92.33.

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.