NiCE $NICE Stock Holdings Lifted by QRG Capital Management Inc.

QRG Capital Management Inc. grew its position in NiCE (NASDAQ:NICE) by 85.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,238 shares of the technology company’s stock after purchasing an additional 7,026 shares during the period. QRG Capital Management Inc.’s holdings in NiCE were worth $1,680,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC acquired a new position in NiCE in the first quarter worth approximately $226,000. Goldman Sachs Group Inc. lifted its stake in NiCE by 81.7% in the first quarter. Goldman Sachs Group Inc. now owns 229,813 shares of the technology company’s stock valued at $35,430,000 after acquiring an additional 103,342 shares during the last quarter. Empowered Funds LLC bought a new stake in NiCE in the first quarter worth approximately $892,000. Woodline Partners LP increased its stake in shares of NiCE by 18.7% during the 1st quarter. Woodline Partners LP now owns 20,140 shares of the technology company’s stock worth $3,105,000 after purchasing an additional 3,178 shares during the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of NiCE during the 2nd quarter worth $65,000. 63.34% of the stock is owned by hedge funds and other institutional investors.

NiCE Stock Up 1.5%

NASDAQ NICE opened at $98.63 on Wednesday. The stock has a market cap of $5.76 billion, a P/E ratio of 11.70, a PEG ratio of 1.01 and a beta of 0.77. The company’s 50-day simple moving average is $92.95 and its 200 day simple moving average is $105.38. NiCE has a twelve month low of $83.10 and a twelve month high of $175.00.

NiCE (NASDAQ:NICE) last announced its quarterly earnings results on Wednesday, May 6th. The technology company reported $2.64 EPS for the quarter, topping 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 analysts’ expectations of $760.94 million. During the same quarter last year, the company earned $2.87 earnings per share. The company’s revenue for the quarter 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. Research analysts anticipate that NiCE will post 9.08 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on the stock. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $104.00 price objective on shares of NiCE in a research note on Wednesday, June 10th. DA Davidson upgraded NiCE from a “neutral” rating to a “buy” rating and set a $110.00 target price on the stock in a report on Thursday, June 18th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of NiCE in a research report on Wednesday, June 24th. Wedbush decreased their price target on NiCE from $120.00 to $100.00 and set a “neutral” rating for the company in a research note on Wednesday, June 10th. Finally, Citizens Jmp lowered their price objective on NiCE from $200.00 to $170.00 and set a “market outperform” rating on the stock in a report on Thursday, May 7th. Eight investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $131.17.

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.