Brandes Investment Partners 13F: Adds $98M to Amdocs (DOX) Stake

Brandes Investment Partners Boosts Amdocs Stake

Brandes Investment Partners grew its holdings in Amdocs Limited (NasdaqGS: DOX) during the period, according to a Form 13F filing with the U.S. Securities and Exchange Commission. The firm added 1,940,122 shares to its portfolio, lifting its stake by 71.5% from the previous quarter. At the close of the reporting period, the fund's total position stood at 4,655,087 shares with an estimated market value of $235,268,101.

How the Stake Expanded

The sizeable purchase pushed Brandes Investment Partners well past its prior holding of 2,714,965 shares. Because 13F filings look backward at portfolio holdings as of a prior date, the reported figures reflect positions at that time and may not represent the firm's current holdings today. The cost basis reported for the overall position was roughly $76.79 per share.

Stock Trading Levels

Amdocs Limited shares recently traded at $50.54. The stock has experienced downward pressure, sitting near its 52-week low of $49.74 and well under its 50-day moving average of $58.06 and 200-day moving average of $65.57. The software infrastructure provider carries a price-to-earnings ratio of 14.12 based on trailing results, along with a forward P/E of 7.40.

Dividend and Yield

Income-focused investors may note that Amdocs Limited pays an annual dividend rate of $2.28 per share, which works out to a dividend yield of 3.84%. The company's dividend payout ratio sits at 52.07%, showing the portion of earnings paid out to shareholders.

Analysts Set New Price Targets

On June 29, 2026, Keybanc initiated coverage on Amdocs Limited with a Sector Weight rating. Across the wider analyst community, the stock carries a mean price target of $79.25 based on 4 analyst opinions, with targets ranging from a low of $63.00 to a high of $105.00.

Inside Amdocs Limited

Headquartered in Saint Louis, Missouri, Amdocs Limited provides software and services to communications, media, and entertainment companies around the globe. The company builds cloud-native platforms, customer relationship management software, digital billing systems, and artificial intelligence tools tailored for telecom operators. Founded in 1982, the firm employs nearly 27,000 people to support digital transformation projects across major networks.

What to Watch at Amdocs Limited

Investors tracking Amdocs Limited will want to watch for the company's next earnings report, scheduled for November 10, 2026. Future Form 13F filings will also show whether Brandes Investment Partners and other institutional managers continue adjusting their positions following the recent stock price declines.