NiCE $NICE Shares Acquired by Fifth Third Bancorp

Key Points

• Fifth Third Bancorp increased its stake in NiCE by 146% in Q4 to 16,326 shares, now worth $1.845 million, as part of the 63.34% of the company owned by institutional investors.
• NiCE slightly beat Q4 expectations (EPS $3.24 vs. $3.23; revenue $786.5M, +9% YoY), set FY2026 guidance of 10.850–11.050 EPS, and authorized a $600 million buyback to repurchase up to 9.6% of shares.
• Analyst sentiment is mixed with an average rating of Hold and an average price target of $144.17, while some firms (notably Citigroup) have recently downgraded the stock and cut targets.

Fifth Third Bancorp grew its stake in NiCE (NASDAQ:NICE - Free Report) by 146.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 16,326 shares of the technology company's stock after acquiring an additional 9,689 shares during the quarter. Fifth Third Bancorp's holdings in NiCE were worth $1,845,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of NICE. Tower Research Capital LLC TRC acquired a new stake in shares of NiCE in the 2nd quarter worth $40,000. Richardson Financial Services Inc. increased its stake in shares of NiCE by 65.3% in the 3rd quarter. Richardson Financial Services Inc. now owns 329 shares of the technology company's stock worth $48,000 after acquiring an additional 130 shares during the last quarter. Legal & General Group Plc acquired a new stake in shares of NiCE in the 2nd quarter worth $65,000. UMB Bank n.a. increased its position in shares of NiCE by 66.0% during the 3rd quarter. UMB Bank n.a. now owns 478 shares of the technology company's stock worth $69,000 after purchasing an additional 190 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of NiCE during the 3rd quarter worth about $74,000. 63.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Rosenblatt Securities reissued a "buy" rating and set a $155.00 price objective on shares of NiCE in a research report on Friday, February 20th. Wedbush reissued a "neutral" rating and set a $120.00 price objective on shares of NiCE in a research report on Friday, February 20th. Morgan Stanley set a $148.00 price objective on NiCE in a research report on Friday, February 20th. Jefferies Financial Group reissued a "hold" rating on shares of NiCE in a research report on Thursday, February 19th. Finally, Citigroup downgraded NiCE from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $184.00 to $119.00 in a research report on Friday, April 10th. Six research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $144.17.

NiCE Stock Performance

Shares of NiCE stock opened at $124.19 on Tuesday. NiCE has a one year low of $94.65 and a one year high of $180.61. The company has a market cap of $7.50 billion, a PE ratio of 12.84, a P/E/G ratio of 1.31 and a beta of 0.82. The business has a 50-day simple moving average of $111.86 and a 200-day simple moving average of $114.03.

NiCE (NASDAQ:NICE - Get Free Report) last announced its quarterly earnings data on Thursday, February 19th. The technology company reported $3.24 EPS for the quarter, topping analysts' consensus estimates of $3.23 by $0.01. NiCE had a return on equity of 18.26% and a net margin of 20.78%.The business had revenue of $786.50 million during the quarter, compared to the consensus estimate of $779.95 million. During the same period in the previous year, the company posted $3.02 earnings per share. The business's revenue for the quarter was up 9.0% on a year-over-year basis. NiCE has set its FY 2026 guidance at 10.850-11.050 EPS and its Q1 2026 guidance at 2.450-2.550 EPS. On average, sell-side analysts predict that NiCE will post 8.89 earnings per share for the current fiscal year.

NiCE announced that its board has authorized a stock repurchase program on Thursday, February 19th that allows the company to buyback $600.00 million in shares. This buyback authorization allows the technology company to reacquire up to 9.6% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's leadership 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.

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