Oliver Luxxe Assets LLC Buys New Position in Diebold Nixdorf, Incorporated $DBD

Oliver Luxxe Assets LLC purchased a new position in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 35,588 shares of the technology company’s stock, valued at approximately $2,416,000.

Other hedge funds have also made changes to their positions in the company. Strs Ohio grew its holdings in shares of Diebold Nixdorf by 2.2% in the third quarter. Strs Ohio now owns 13,800 shares of the technology company’s stock valued at $787,000 after purchasing an additional 300 shares in the last quarter. Lazard Asset Management LLC boosted its position in Diebold Nixdorf by 1.0% in the 2nd quarter. Lazard Asset Management LLC now owns 31,421 shares of the technology company’s stock valued at $1,740,000 after buying an additional 322 shares during the period. AlphaQuest LLC boosted its position in Diebold Nixdorf by 65.1% in the 3rd quarter. AlphaQuest LLC now owns 860 shares of the technology company’s stock valued at $49,000 after buying an additional 339 shares during the period. Alliancebernstein L.P. grew its stake in shares of Diebold Nixdorf by 1.3% in the third quarter. Alliancebernstein L.P. now owns 28,634 shares of the technology company’s stock worth $1,633,000 after acquiring an additional 355 shares in the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Diebold Nixdorf by 4.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,017 shares of the technology company’s stock worth $657,000 after acquiring an additional 631 shares during the period. Institutional investors and hedge funds own 97.04% of the company’s stock.

Diebold Nixdorf Price Performance

DBD stock opened at $71.11 on Friday. The business has a 50 day moving average price of $74.11 and a 200 day moving average price of $66.26. 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 stock has a market cap of $2.50 billion, a price-to-earnings ratio of 27.45 and a beta of 1.45. Diebold Nixdorf, Incorporated has a fifty-two week low of $34.88 and a fifty-two week high of $84.46.

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

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 shares were sold at an average price of $68.00, for a total value of $34,000,000.00. Following the transaction, the insider directly owned 5,216,672 shares of the company’s stock, valued at $354,733,696. This trade represents a 8.75% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. 0.26% of the stock is owned by company insiders.

Analyst Ratings Changes

DBD has been the subject of a number of recent research reports. DA Davidson lifted their target price on Diebold Nixdorf from $80.00 to $100.00 and gave the company a “buy” rating in a report on Friday, February 13th. Wedbush set a $100.00 price objective on Diebold Nixdorf in a research note on Friday, February 13th. Finally, Weiss Ratings raised Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating and three have given a Buy rating to the company. According to MarketBeat, Diebold Nixdorf presently has a consensus rating of “Buy” and an average target price of $100.00.

Diebold Nixdorf 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.