Bruni J V & Co. Co. Boosts Holdings in NiCE $NICE

Bruni J V & Co. Co. raised its holdings in shares of NiCE (NASDAQ:NICE) by 10.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 278,427 shares of the technology company’s stock after purchasing an additional 25,197 shares during the period. NiCE accounts for approximately 3.1% of Bruni J V & Co. Co.’s investment portfolio, making the stock its 17th largest holding. Bruni J V & Co. Co.’s holdings in NiCE were worth $31,473,000 at the end of the most recent quarter.

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

Analyst Ratings Changes

Several equities analysts have weighed in on NICE shares. Jefferies Financial Group restated a “hold” rating on shares of NiCE in a report on Thursday, February 19th. Piper Sandler restated a “neutral” rating and set a $124.00 target price on shares of NiCE in a report on Monday, February 23rd. Royal Bank Of Canada dropped their target price on shares of NiCE from $150.00 to $130.00 and set an “outperform” rating for the company in a report on Thursday, May 7th. Rosenblatt Securities reiterated a “buy” rating and set a $155.00 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 report on Friday, March 27th. Six analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $136.92.

NiCE Stock Performance

NiCE stock opened at $92.66 on Friday. NiCE has a 1 year low of $84.38 and a 1 year high of $180.61. The firm has a 50 day moving average price of $102.18 and a 200 day moving average price of $109.13. The company has a market cap of $5.60 billion, a price-to-earnings ratio of 10.99, a PEG ratio of 0.96 and a beta of 0.82.

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

NiCE announced that its board has initiated a share repurchase plan on Thursday, February 19th that authorizes the company to repurchase $600.00 million in shares. This repurchase authorization authorizes the technology company to repurchase up to 9.6% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

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.