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Nordea trims Amdocs stake by 10.9%, holding $129M; Amdocs raises dividend and posts strong earnings.

Company Fundamentals
23 Mar 2026
Defense World
View Source
Bullish
pluang ai news

Nordea Investment Management reduced its holdings in Amdocs Limited by 10.9% in Q4, now owning shares worth about $129 million. Amdocs reported better-than-expected Q4 earnings with EPS of $1.81 and revenue growth of 4.1% year-over-year. The company also increased its quarterly dividend to $0.569 per share, signaling confidence in future cash flow. Analysts maintain a moderate buy rating with a target price around $92, reflecting steady growth prospects in the tech sector.

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