Diebold Nixdorf, Incorporated $DBD Holdings Lowered by Glendon Capital Management LP

Glendon Capital Management LP reduced its stake in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 23.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,178,344 shares of the technology company’s stock after selling 370,396 shares during the quarter. Diebold Nixdorf accounts for 3.7% of Glendon Capital Management LP’s holdings, making the stock its 7th largest position. Glendon Capital Management LP owned approximately 3.29% of Diebold Nixdorf worth $67,201,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. William Blair Investment Management LLC boosted its position in Diebold Nixdorf by 12.1% in the 3rd quarter. William Blair Investment Management LLC now owns 1,819,728 shares of the technology company’s stock worth $103,779,000 after purchasing an additional 197,086 shares in the last quarter. American Century Companies Inc. lifted its stake in shares of Diebold Nixdorf by 73.6% in the 3rd quarter. American Century Companies Inc. now owns 501,819 shares of the technology company’s stock valued at $28,619,000 after purchasing an additional 212,790 shares during the period. Marshall Wace LLP lifted its stake in shares of Diebold Nixdorf by 75.2% in the 2nd quarter. Marshall Wace LLP now owns 159,632 shares of the technology company’s stock valued at $8,844,000 after purchasing an additional 68,503 shares during the period. Hillsdale Investment Management Inc. purchased a new stake in Diebold Nixdorf during the third quarter worth $7,043,000. Finally, Bank of America Corp DE grew its position in Diebold Nixdorf by 10.7% during the second quarter. Bank of America Corp DE now owns 96,425 shares of the technology company’s stock valued at $5,342,000 after buying an additional 9,326 shares during the period. 97.04% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Diebold Nixdorf

In related news, major shareholder Millstreet Capital Management sold 500,000 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $68.00, for a total value of $34,000,000.00. Following the completion of the transaction, the insider directly owned 5,216,672 shares of the company’s stock, valued at approximately $354,733,696. This represents a 8.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.26% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. DA Davidson upped their price objective on shares of Diebold Nixdorf from $80.00 to $100.00 and gave the stock a “buy” rating in a research report on Friday, February 13th. Weiss Ratings upgraded Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research note on Tuesday, February 17th. Finally, Wedbush set a $100.00 price target on Diebold Nixdorf in a report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating and three have assigned a Buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $100.00.

Diebold Nixdorf Stock Up 0.8%

DBD opened at $80.63 on Tuesday. The company has a market cap of $2.84 billion, a PE ratio of 31.13 and a beta of 1.45. Diebold Nixdorf, Incorporated has a twelve month low of $34.88 and a twelve month high of $84.46. The company has a 50-day moving average price of $72.12 and a 200 day moving average price of $65.00. The company has a quick ratio of 0.92, a current ratio of 1.30 and a debt-to-equity ratio of 0.85.

Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings data on Thursday, February 12th. The technology company reported $3.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $1.29. Diebold Nixdorf had a return on equity of 16.33% and a net margin of 2.49%.The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.11 billion. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. Sell-side analysts expect that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current fiscal year.

Diebold Nixdorf announced that its board has initiated a share buyback program on Wednesday, November 5th that allows the company to buyback $200.00 million in shares. This buyback authorization allows the technology company to reacquire up to 8.7% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its shares are undervalued.

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.