NCR Atleos Corporation $NATL Shares Purchased by First Trust Advisors LP

First Trust Advisors LP raised its holdings in shares of NCR Atleos Corporation (NYSE:NATL) by 90.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 202,442 shares of the company’s stock after acquiring an additional 96,147 shares during the period. First Trust Advisors LP’s holdings in NCR Atleos were worth $8,822,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of NATL. CIBC Private Wealth Group LLC increased its holdings in shares of NCR Atleos by 66.7% during the fourth quarter. CIBC Private Wealth Group LLC now owns 690 shares of the company’s stock valued at $26,000 after purchasing an additional 276 shares during the period. Sound Income Strategies LLC raised its stake in shares of NCR Atleos by 245.7% during the first quarter. Sound Income Strategies LLC now owns 643 shares of the company’s stock valued at $28,000 after purchasing an additional 457 shares in the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in NCR Atleos in the fourth quarter worth about $31,000. Global Retirement Partners LLC lifted its holdings in NCR Atleos by 134.5% in the fourth quarter. Global Retirement Partners LLC now owns 1,210 shares of the company’s stock worth $46,000 after purchasing an additional 694 shares during the period. Finally, Kestra Advisory Services LLC bought a new position in NCR Atleos in the 4th quarter valued at about $51,000. Institutional investors own 88.66% of the company’s stock.

NCR Atleos Stock Up 0.3%

Shares of NATL stock opened at $47.02 on Friday. NCR Atleos Corporation has a 1 year low of $29.07 and a 1 year high of $48.50. The company has a debt-to-equity ratio of 6.83, a quick ratio of 0.78 and a current ratio of 0.98. The business’s fifty day moving average is $45.06 and its 200-day moving average is $43.55. The stock has a market cap of $3.47 billion, a PE ratio of 20.27 and a beta of 0.60.

NCR Atleos (NYSE:NATL) last announced its quarterly earnings data on Wednesday, May 6th. The company reported $0.65 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.24). NCR Atleos had a net margin of 3.98% and a return on equity of 78.64%. The firm had revenue of $1.04 billion during the quarter. During the same period last year, the business posted $0.64 EPS. The firm’s revenue for the quarter was up 6.5% on a year-over-year basis. Equities analysts expect that NCR Atleos Corporation will post 4.52 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have commented on NATL. Zacks Research cut shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 27th. DA Davidson restated a “neutral” rating and set a $50.00 price target on shares of NCR Atleos in a research report on Monday, May 11th. Finally, Weiss Ratings lowered shares of NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, May 8th. Six research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, NCR Atleos presently has an average rating of “Hold” and a consensus price target of $50.27.

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.