Amdocs (NASDAQ:DOX) Stock Unloaded Rep. Julie Johnson

Representative Julie Johnson (D-Texas) recently sold shares of Amdocs Limited (NASDAQ:DOX). In a filing disclosed on March 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Amdocs stock on February 11th. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Norfolk Southern (NYSE:NSC) on 2/25/2025.
• Purchased $1,001 – $15,000 in shares of Union Pacific (NYSE:UNP) on 2/25/2025.
• Purchased $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 2/24/2025.
• Sold $1,001 – $15,000 in shares of BlackRock (NYSE:BLK) on 2/24/2025.
• Sold $1,001 – $15,000 in shares of The PNC Financial Services Group (NYSE:PNC) on 2/24/2025.
• Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 2/24/2025.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 2/24/2025.
• Purchased $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 2/24/2025.
• Purchased $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 2/14/2025.
• Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 2/14/2025.

Amdocs Price Performance

Amdocs stock opened at $86.62 on Friday. Amdocs Limited has a 12-month low of $74.41 and a 12-month high of $93.83. The stock has a market capitalization of $9.78 billion, a P/E ratio of 20.10, a P/E/G ratio of 1.47 and a beta of 0.68. The firm’s 50-day moving average is $86.64 and its two-hundred day moving average is $87.03. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.16 and a quick ratio of 1.20.

Amdocs (NASDAQ:DOX) last released its quarterly earnings results on Tuesday, February 4th. The technology company reported $1.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.64 by ($0.19). Amdocs had a return on equity of 18.89% and a net margin of 10.19%. Equities analysts predict that Amdocs Limited will post 6.21 earnings per share for the current year.

Amdocs Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, April 25th. Investors of record on Monday, March 31st will be paid a $0.527 dividend. This represents a $2.11 dividend on an annualized basis and a yield of 2.43%. This is a boost from Amdocs’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Monday, March 31st. Amdocs’s dividend payout ratio is presently 48.72%.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of DOX. QRG Capital Management Inc. purchased a new position in Amdocs in the third quarter valued at approximately $208,000. Verdence Capital Advisors LLC raised its holdings in Amdocs by 5.6% in the third quarter. Verdence Capital Advisors LLC now owns 4,375 shares of the technology company’s stock valued at $383,000 after buying an additional 232 shares during the period. Atria Investments Inc raised its holdings in Amdocs by 7.2% in the third quarter. Atria Investments Inc now owns 9,408 shares of the technology company’s stock valued at $823,000 after buying an additional 634 shares during the period. Venturi Wealth Management LLC raised its holdings in Amdocs by 12.5% in the third quarter. Venturi Wealth Management LLC now owns 11,725 shares of the technology company’s stock valued at $1,026,000 after buying an additional 1,305 shares during the period. Finally, Ashton Thomas Private Wealth LLC raised its holdings in Amdocs by 21.4% in the third quarter. Ashton Thomas Private Wealth LLC now owns 19,332 shares of the technology company’s stock valued at $1,691,000 after buying an additional 3,412 shares during the period. Hedge funds and other institutional investors own 92.02% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on DOX shares. Barclays decreased their target price on shares of Amdocs from $113.00 to $111.00 and set an “overweight” rating on the stock in a research report on Thursday, November 14th. StockNews.com cut shares of Amdocs from a “strong-buy” rating to a “buy” rating in a research report on Friday, February 28th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $101.20.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

Amdocs Company Profile

Amdocs Limited, through its subsidiaries, provides software and services worldwide. It designs, develops, operates, implements, supports, and markets open and modular cloud portfolio. The company provides CES23, a 5G and cloud-native microservices-based market-leading customer experience suite, that enables service providers to build, deliver, and monetize advanced services; Amdocs Subscription Marketplace, a software-as-a-service-based platform that includes an expansive network of pre-integrated digital services, such as media, gaming, eLearning, sports, and retail to security and business services; the monetization suite for charging, billing, policy, and revenue management; Intelligent networking suite with a set of modular, flexible, and open service lifecycle management capabilities for network automation journeys; amAIz, a telco GenAI framework; Amdocs Digital Brands Suite, a pre-integrated digital business suite; and Amdocs eSIM Cloud for service providers.