NCR Atleos Corporation $NATL Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lowered its position in shares of NCR Atleos Corporation (NYSE:NATL) by 75.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,692 shares of the company’s stock after selling 21,100 shares during the quarter. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in NCR Atleos were worth $263,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. State Street Corp increased its position in shares of NCR Atleos by 1.2% during the second quarter. State Street Corp now owns 2,761,117 shares of the company’s stock worth $78,775,000 after purchasing an additional 31,684 shares in the last quarter. Engine Capital Management LP boosted its stake in NCR Atleos by 22.3% during the 2nd quarter. Engine Capital Management LP now owns 2,415,779 shares of the company’s stock worth $68,922,000 after purchasing an additional 440,741 shares during the last quarter. Clifford Capital Partners LLC grew its holdings in shares of NCR Atleos by 3.0% during the second quarter. Clifford Capital Partners LLC now owns 736,439 shares of the company’s stock worth $21,011,000 after buying an additional 21,766 shares in the last quarter. Simcoe Capital Management LLC purchased a new stake in shares of NCR Atleos during the second quarter worth $20,282,000. Finally, Bank of America Corp DE raised its position in shares of NCR Atleos by 5.3% in the second quarter. Bank of America Corp DE now owns 581,465 shares of the company’s stock valued at $16,589,000 after buying an additional 29,437 shares during the last quarter. Hedge funds and other institutional investors own 88.66% of the company’s stock.

Analysts Set New Price Targets

NATL has been the topic of a number of recent research reports. Weiss Ratings restated a “hold (c)” rating on shares of NCR Atleos in a research report on Wednesday, October 8th. Wedbush restated an “outperform” rating and set a $45.00 target price on shares of NCR Atleos in a report on Friday, November 7th. Zacks Research cut NCR Atleos from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Finally, Wall Street Zen downgraded NCR Atleos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $41.00.

NCR Atleos Price Performance

Shares of NYSE NATL opened at $38.34 on Wednesday. The firm has a market cap of $2.83 billion, a P/E ratio of 21.54 and a beta of 0.96. The company has a debt-to-equity ratio of 8.43, a current ratio of 1.02 and a quick ratio of 0.80. The business’s 50 day moving average price is $37.16. NCR Atleos Corporation has a 1 year low of $22.30 and a 1 year high of $42.23.

NCR Atleos (NYSE:NATL) last issued its quarterly earnings data on Wednesday, November 5th. The company reported $1.09 earnings per share for the quarter, topping the consensus estimate of $0.90 by $0.19. The company had revenue of $1.12 billion during the quarter. NCR Atleos had a return on equity of 84.80% and a net margin of 3.11%.The company’s revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.89 earnings per share. NCR Atleos has set its FY 2025 guidance at 3.896-4.089 EPS.

NCR Atleos Profile

NCR Atleos Corporation operates as a financial technology company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Self-Service Banking, Network, and Telecommunications & Technology (T&T). The Self-Service Banking segment offers solutions, including a line of automated teller machine (ATM) and interactive teller machine (ITM) hardware and software, as well as related installation, maintenance, and managed and professional services; and solutions to manage and run the ATM channel end-to-end for financial institutions comprising back office, cash management, software management and ATM deployment, and others.