NCR Atleos Corporation $NATL Stock Holdings Raised by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC grew its stake in NCR Atleos Corporation (NYSE:NATL) by 8.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 384,593 shares of the company’s stock after purchasing an additional 29,360 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in NCR Atleos were worth $14,745,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the stock. Arizona State Retirement System increased its holdings in NCR Atleos by 1.5% in the third quarter. Arizona State Retirement System now owns 21,736 shares of the company’s stock valued at $854,000 after buying an additional 318 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in NCR Atleos by 1.1% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 34,815 shares of the company’s stock valued at $993,000 after buying an additional 370 shares in the last quarter. Blue Trust Inc. lifted its holdings in NCR Atleos by 27.8% during the 3rd quarter. Blue Trust Inc. now owns 1,720 shares of the company’s stock worth $68,000 after buying an additional 374 shares during the last quarter. Steward Partners Investment Advisory LLC lifted its holdings in NCR Atleos by 60.1% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,023 shares of the company’s stock worth $29,000 after buying an additional 384 shares during the last quarter. Finally, Federated Hermes Inc. grew its position in shares of NCR Atleos by 0.3% in the 2nd quarter. Federated Hermes Inc. now owns 115,565 shares of the company’s stock worth $3,297,000 after acquiring an additional 397 shares in the last quarter. Institutional investors own 88.66% of the company’s stock.

NCR Atleos Price Performance

NYSE NATL opened at $43.82 on Thursday. The company has a 50-day moving average price of $41.57 and a two-hundred day moving average price of $39.24. NCR Atleos Corporation has a 52 week low of $22.30 and a 52 week high of $48.50. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 19.39 and a beta of 0.79. The company has a current ratio of 0.96, a quick ratio of 0.78 and a debt-to-equity ratio of 6.65.

NCR Atleos (NYSE:NATL) last issued its quarterly earnings data on Thursday, February 26th. The company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.22 by $0.27. NCR Atleos had a return on equity of 84.28% and a net margin of 3.92%.The business had revenue of $1.15 billion during the quarter. During the same quarter in the prior year, the firm posted $1.11 earnings per share. The business’s quarterly revenue was up 4.0% on a year-over-year basis.

Analysts Set New Price Targets

NATL has been the subject of a number of research analyst reports. DA Davidson reiterated a “neutral” rating and issued a $50.00 price target (down from $60.00) on shares of NCR Atleos in a report on Friday, February 27th. Weiss Ratings raised shares of NCR Atleos from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. Stifel Nicolaus set a $50.40 target price on shares of NCR Atleos in a research note on Wednesday, March 4th. Wolfe Research cut shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a report on Friday, February 27th. Finally, Wedbush downgraded shares of NCR Atleos from an “outperform” rating to a “hold” rating and raised their price target for the stock from $45.00 to $50.40 in a research report on Friday, February 27th. One equities research analyst has rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, NCR Atleos presently has a consensus rating of “Hold” and an average target price of $50.27.

About NCR Atleos

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.