NCR Atleos Corporation $NATL Stock: State of Alaska Department of Revenue Cuts Position

State of Alaska Department of Revenue lessened its holdings in NCR Atleos Corporation (NYSE:NATL) by 36.0% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 22,250 shares of the company’s stock after selling 12,528 shares during the period. State of Alaska Department of Revenue’s holdings in NCR Atleos were worth $1,003,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bank of America Corp DE increased its position in shares of NCR Atleos by 198.2% during the first quarter. Bank of America Corp DE now owns 1,861,433 shares of the company’s stock valued at $81,121,000 after acquiring an additional 1,237,227 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in NCR Atleos during the second quarter worth $20,240,000. Maven Securities LTD bought a new stake in NCR Atleos during the second quarter worth $7,002,000. Arrowstreet Capital Limited Partnership boosted its position in NCR Atleos by 201.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 211,815 shares of the company’s stock worth $9,231,000 after purchasing an additional 141,658 shares during the last quarter. Finally, Caxton Associates LLP purchased a new position in NCR Atleos in the first quarter worth $6,026,000. 88.66% of the stock is owned by institutional investors.

NCR Atleos Price Performance

NATL opened at $46.77 on Thursday. NCR Atleos Corporation has a fifty-two week low of $33.31 and a fifty-two week high of $48.50. The firm has a 50-day moving average of $46.03 and a 200 day moving average of $45.38. The company has a debt-to-equity ratio of 5.84, a quick ratio of 0.83 and a current ratio of 1.03. The firm has a market cap of $3.46 billion, a P/E ratio of 18.13 and a beta of 0.57.

NCR Atleos (NYSE:NATL) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.49 EPS for the quarter, topping the consensus estimate of $1.05 by $0.44. NCR Atleos had a net margin of 4.44% and a return on equity of 83.41%. The business had revenue of $1.10 billion for the quarter. On average, research analysts expect that NCR Atleos Corporation will post 4.50 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings upgraded NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. One research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $50.27.

About NCR Atleos

NCR Atleos Corporation is a financial technology company focused on self-service banking and automated teller machine (ATM) solutions. The company provides ATMs, software, managed services and related infrastructure that enable banks, retailers and independent ATM operators to deliver cash access and other routine banking services.

Its offerings include ATM-as-a-service, ATM deployment and management, cash management, transaction processing, maintenance and field support. NCR Atleos also provides software and digital tools designed to help financial institutions manage ATM networks, improve availability and connect self-service channels with broader banking operations.

NCR Atleos was separated from NCR Corporation in 2023, while the remaining company became NCR Voyix.