Mirabella Financial Services LLP Decreases Stock Position in Amdocs Limited $DOX

Mirabella Financial Services LLP cut its holdings in Amdocs Limited (NASDAQ:DOX) by 48.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,546 shares of the technology company’s stock after selling 7,994 shares during the quarter. Mirabella Financial Services LLP’s holdings in Amdocs were worth $701,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of DOX. Alliancebernstein L.P. boosted its stake in Amdocs by 32.1% in the 3rd quarter. Alliancebernstein L.P. now owns 2,359,779 shares of the technology company’s stock worth $193,620,000 after buying an additional 573,349 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Amdocs by 500.0% during the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 420,000 shares of the technology company’s stock valued at $34,461,000 after acquiring an additional 350,000 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Amdocs by 25.9% during the 3rd quarter. AQR Capital Management LLC now owns 1,368,944 shares of the technology company’s stock worth $111,309,000 after acquiring an additional 281,476 shares during the period. Millennium Management LLC lifted its holdings in shares of Amdocs by 1,500.6% during the 3rd quarter. Millennium Management LLC now owns 295,800 shares of the technology company’s stock worth $24,270,000 after acquiring an additional 277,320 shares during the period. Finally, LSV Asset Management boosted its position in shares of Amdocs by 7.6% in the third quarter. LSV Asset Management now owns 3,648,703 shares of the technology company’s stock worth $299,376,000 after acquiring an additional 257,193 shares during the last quarter. 92.02% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DOX. Wall Street Zen raised shares of Amdocs from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Barclays lowered their price objective on shares of Amdocs from $111.00 to $92.00 and set an “overweight” rating for the company 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, Stifel Nicolaus cut their target price on Amdocs from $97.00 to $88.00 and set a “buy” rating on the stock in a research report on Wednesday, February 4th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Amdocs has an average rating of “Moderate Buy” and an average price target of $92.33.

Amdocs Price Performance

Shares of Amdocs stock opened at $64.34 on Friday. Amdocs Limited has a twelve month low of $63.54 and a twelve month high of $95.41. The stock has a market cap of $6.95 billion, a price-to-earnings ratio of 12.44, a price-to-earnings-growth ratio of 1.14 and a beta of 0.42. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.23. The company has a fifty day moving average price of $73.72 and a 200 day moving average price of $78.67.

Amdocs (NASDAQ:DOX) last issued its quarterly earnings data on Tuesday, February 3rd. The technology company reported $1.81 EPS for the quarter, topping analysts’ consensus estimates of $1.75 by $0.06. The company had revenue of $1.16 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Amdocs had a return on equity of 20.19% and a net margin of 12.47%.The firm’s quarterly revenue was up 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.66 earnings per share. Amdocs has set its Q2 2026 guidance at 1.730-1.790 EPS and its FY 2026 guidance at 7.270-7.550 EPS. Equities research analysts forecast that Amdocs Limited will post 6.21 earnings per share for the current fiscal year.

Amdocs Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, April 24th. Stockholders of record on Tuesday, March 31st will be paid a dividend of $0.569 per share. This is a boost from Amdocs’s previous quarterly dividend of $0.53. This represents a $2.28 annualized dividend and a dividend yield of 3.5%. The ex-dividend date is Tuesday, March 31st. Amdocs’s payout ratio is 43.91%.

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.