Susquehanna Fundamental Investments LLC purchased a new position in shares of NCR Voyix Corporation (NYSE:VYX – Free Report) in the second quarter, HoldingsChannel.com reports. The fund purchased 460,624 shares of the company’s stock, valued at approximately $3,763,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. BlackRock Inc. bought a new stake in shares of NCR Voyix in the 2nd quarter valued at about $184,310,000. Wellington Management Group LLP raised its holdings in NCR Voyix by 72.2% in the second quarter. Wellington Management Group LLP now owns 3,301,936 shares of the company’s stock worth $26,977,000 after purchasing an additional 1,384,935 shares during the period. Dimensional Fund Advisors LP boosted its position in shares of NCR Voyix by 27.0% during the first quarter. Dimensional Fund Advisors LP now owns 6,269,979 shares of the company’s stock worth $39,689,000 after purchasing an additional 1,334,716 shares in the last quarter. Bank of America Corp DE bought a new position in shares of NCR Voyix during the second quarter worth $8,510,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of NCR Voyix in the 2nd quarter valued at $8,226,000. 97.00% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
Several research analysts have weighed in on VYX shares. Weiss Ratings upgraded NCR Voyix from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 6th. Royal Bank Of Canada raised their price target on NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. The Goldman Sachs Group boosted their price objective on NCR Voyix from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Finally, Needham & Company LLC increased their target price on NCR Voyix from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $14.00.
NCR Voyix Trading Down 4.6%
NYSE:VYX opened at $8.38 on Tuesday. The company has a market cap of $1.16 billion, a P/E ratio of 20.95 and a beta of 1.39. NCR Voyix Corporation has a twelve month low of $6.02 and a twelve month high of $13.61. The business has a 50 day moving average price of $8.19 and a two-hundred day moving average price of $7.58. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 1.19.
NCR Voyix (NYSE:VYX – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. NCR Voyix had a net margin of 2.53% and a return on equity of 11.23%. The company had revenue of $523.00 million during the quarter, compared to the consensus estimate of $515.95 million. During the same period in the prior year, the business posted $0.19 EPS. The company’s quarterly revenue was down 21.5% on a year-over-year basis. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. As a group, analysts expect that NCR Voyix Corporation will post 0.68 EPS for the current fiscal year.
NCR Voyix Company Profile
NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.
Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.
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