LSV Asset Management Takes $1.59 Million Position in Diebold Nixdorf, Incorporated $DBD

LSV Asset Management bought a new position in Diebold Nixdorf, Incorporated (NYSE:DBD) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 27,800 shares of the technology company’s stock, valued at approximately $1,585,000.

Several other institutional investors also recently bought and sold shares of the stock. American Century Companies Inc. boosted its holdings in shares of Diebold Nixdorf by 364.5% during the 2nd quarter. American Century Companies Inc. now owns 289,029 shares of the technology company’s stock valued at $16,012,000 after purchasing an additional 226,810 shares during the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Diebold Nixdorf in the second quarter worth about $3,993,000. Marshall Wace LLP boosted its stake in Diebold Nixdorf by 75.2% during the second quarter. Marshall Wace LLP now owns 159,632 shares of the technology company’s stock valued at $8,844,000 after buying an additional 68,503 shares during the last quarter. Invesco Ltd. grew its holdings in Diebold Nixdorf by 308.8% during the 2nd quarter. Invesco Ltd. now owns 73,503 shares of the technology company’s stock valued at $4,072,000 after buying an additional 55,525 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in Diebold Nixdorf by 78.9% during the 2nd quarter. Jane Street Group LLC now owns 74,935 shares of the technology company’s stock valued at $4,151,000 after buying an additional 33,044 shares in the last quarter. 97.04% of the stock is owned by hedge funds and other institutional investors.

Diebold Nixdorf Stock Up 6.1%

Shares of DBD opened at $80.17 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 0.85. The business has a fifty day moving average of $69.33 and a 200 day moving average of $63.45. The company has a market cap of $2.82 billion, a PE ratio of 30.95 and a beta of 1.55. Diebold Nixdorf, Incorporated has a 52-week low of $34.88 and a 52-week high of $81.36.

Diebold Nixdorf (NYSE:DBD) last announced its earnings results on Thursday, February 12th. The technology company reported $2.75 earnings per share for the quarter, beating the consensus estimate of $1.73 by $1.02. Diebold Nixdorf had a net margin of 2.49% and a return on equity of 16.33%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. On average, sell-side analysts expect that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.

Diebold Nixdorf declared that its Board of Directors has approved a stock buyback plan on Wednesday, November 5th that allows the company to repurchase $200.00 million in outstanding shares. This repurchase authorization allows the technology company to buy up to 8.7% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

Insider Transactions at Diebold Nixdorf

In other news, major shareholder Millstreet Capital Management sold 500,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $68.00, for a total transaction of $34,000,000.00. Following the transaction, the insider owned 5,216,672 shares of the company’s stock, valued at approximately $354,733,696. This represents a 8.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 0.26% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

DBD has been the subject of a number of research reports. Wedbush set a $100.00 target price on Diebold Nixdorf in a research report on Friday. Weiss Ratings reiterated a “hold (c+)” rating on shares of Diebold Nixdorf in a research report on Monday, December 29th. Finally, DA Davidson lifted their price objective on shares of Diebold Nixdorf from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $100.00.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Inc (NYSE: DBD) is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company’s core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.