Diebold Nixdorf, Incorporated $DBD Stake Increased by Irenic Capital Management LP

Irenic Capital Management LP grew its stake in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 8.5% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 644,057 shares of the technology company’s stock after buying an additional 50,596 shares during the period. Diebold Nixdorf accounts for 2.9% of Irenic Capital Management LP’s portfolio, making the stock its 7th largest position. Irenic Capital Management LP’s holdings in Diebold Nixdorf were worth $43,725,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in DBD. ProShare Advisors LLC grew its holdings in shares of Diebold Nixdorf by 4.1% during the 4th quarter. ProShare Advisors LLC now owns 4,521 shares of the technology company’s stock valued at $307,000 after purchasing an additional 178 shares during the last quarter. CWM LLC grew its holdings in shares of Diebold Nixdorf by 15.6% during the 4th quarter. CWM LLC now owns 1,719 shares of the technology company’s stock valued at $117,000 after purchasing an additional 232 shares during the last quarter. Lazard Asset Management LLC grew its holdings in shares of Diebold Nixdorf by 1.0% during the 2nd quarter. Lazard Asset Management LLC now owns 31,421 shares of the technology company’s stock valued at $1,740,000 after purchasing an additional 322 shares during the last quarter. Alliancebernstein L.P. grew its holdings in shares of Diebold Nixdorf by 1.3% during the 3rd quarter. Alliancebernstein L.P. now owns 28,634 shares of the technology company’s stock valued at $1,633,000 after purchasing an additional 355 shares during the last quarter. Finally, Bailard Inc. grew its holdings in shares of Diebold Nixdorf by 3.5% during the 4th quarter. Bailard Inc. now owns 11,800 shares of the technology company’s stock valued at $801,000 after purchasing an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 97.04% of the company’s stock.

Analysts Set New Price Targets

Separately, DA Davidson reaffirmed a “buy” rating and set a $100.00 target price on shares of Diebold Nixdorf in a report on Monday, May 4th. Three analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $100.00.

Diebold Nixdorf Price Performance

DBD stock opened at $81.10 on Thursday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.89 and a current ratio of 1.28. Diebold Nixdorf, Incorporated has a 52 week low of $51.46 and a 52 week high of $89.05. The firm’s fifty day moving average is $80.05 and its 200 day moving average is $74.86. The firm has a market cap of $2.81 billion, a P/E ratio of 27.49 and a beta of 1.13.

Diebold Nixdorf (NYSE:DBD) last released its earnings results on Thursday, April 30th. The technology company reported $0.60 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.01). The business had revenue of $888.20 million for the quarter, compared to the consensus estimate of $846.23 million. Diebold Nixdorf had a net margin of 2.80% and a return on equity of 18.82%. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.75 EPS. Research analysts predict that Diebold Nixdorf, Incorporated will post 5.5 earnings per share for the current year.

Insider Activity

In other news, CEO Octavio Marquez purchased 621 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was acquired at an average price of $79.56 per share, with a total value of $49,406.76. Following the transaction, the chief executive officer directly owned 217,507 shares of the company’s stock, valued at approximately $17,304,856.92. This represents a 0.29% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Thomas S. Timko purchased 672 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were purchased at an average cost of $74.36 per share, with a total value of $49,969.92. Following the transaction, the executive vice president directly owned 75,480 shares in the company, valued at $5,612,692.80. This trade represents a 0.90% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders acquired 3,282 shares of company stock worth $249,138 and sold 600,568 shares worth $49,847,053. Company insiders own 1.10% of the company’s stock.

About Diebold Nixdorf

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.