NCR Atleos Corporation $NATL Stock Sold by Crescent Grove Advisors LLC

Crescent Grove Advisors LLC lessened its holdings in NCR Atleos Corporation (NYSE:NATL) by 6.6% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 316,651 shares of the company’s stock after selling 22,265 shares during the quarter. NCR Atleos comprises approximately 1.2% of Crescent Grove Advisors LLC’s investment portfolio, making the stock its 19th largest holding. Crescent Grove Advisors LLC’s holdings in NCR Atleos were worth $14,306,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Bank of America Corp DE grew its position in shares of NCR Atleos by 198.2% in the 1st quarter. Bank of America Corp DE now owns 1,861,433 shares of the company’s stock valued at $81,121,000 after buying an additional 1,237,227 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of NCR Atleos by 3.7% in the first quarter. Dimensional Fund Advisors LP now owns 1,636,083 shares of the company’s stock valued at $71,293,000 after buying an additional 58,745 shares in the last quarter. Squarepoint Ops LLC lifted its stake in NCR Atleos by 13.7% in the 2nd quarter. Squarepoint Ops LLC now owns 547,643 shares of the company’s stock valued at $23,773,000 after buying an additional 65,775 shares in the last quarter. Bank of New York Mellon Corp acquired a new position in shares of NCR Atleos in the second quarter valued at approximately $20,240,000. Finally, Principal Financial Group Inc. increased its stake in NCR Atleos by 2.3% in the first quarter. Principal Financial Group Inc. now owns 361,335 shares of the company’s stock valued at $15,747,000 after purchasing an additional 7,963 shares during the last quarter. Hedge funds and other institutional investors own 88.66% of the company’s stock.

NCR Atleos Stock Up 0.5%

NATL stock opened at $46.77 on Thursday. The company has a current ratio of 1.03, a quick ratio of 0.83 and a debt-to-equity ratio of 5.84. The company has a market capitalization of $3.46 billion, a P/E ratio of 10.65 and a beta of 0.57. NCR Atleos Corporation has a twelve month low of $33.31 and a twelve month high of $48.50. The firm has a 50 day simple moving average of $46.03 and a 200-day simple moving average of $45.38.

NCR Atleos (NYSE:NATL) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $1.49 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.44. NCR Atleos had a return on equity of 83.41% and a net margin of 4.44%. The business had revenue of $1.10 billion during the quarter. On average, equities research analysts predict that NCR Atleos Corporation will post 4.50 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price 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.