Bank of America Corp DE Makes New $8.51 Million Investment in NCR Voyix Corporation $VYX

Key Points

• Bank of America acquired 1.04 million NCR Voyix shares worth approximately $8.51 million, giving it a 0.75% stake. Institutional investors and hedge funds collectively own 97% of the company.
• NCR Voyix exceeded quarterly expectations with adjusted EPS of $0.17 versus the $0.15 consensus and revenue of $523 million, although revenue declined 21.5% year over year.
• Analysts remain broadly positive, with a “Moderate Buy” consensus and a $14 average price target, compared with the stock’s recent price of $7.08.

Bank of America Corp DE acquired a new stake in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 1,041,576 shares of the company's stock, valued at approximately $8,510,000. Bank of America Corp DE owned about 0.75% of NCR Voyix at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. grew its position in shares of NCR Voyix by 615.6% in the 4th quarter. Hantz Financial Services Inc. now owns 8,716 shares of the company's stock worth $89,000 after acquiring an additional 7,498 shares in the last quarter. Alpine Global Management LLC bought a new position in NCR Voyix during the fourth quarter worth $174,000. Hsbc Holdings PLC acquired a new position in NCR Voyix in the second quarter worth $159,000. Inceptionr LLC bought a new stake in NCR Voyix during the first quarter valued at $134,000. Finally, Trajan Wealth LLC bought a new stake in NCR Voyix during the second quarter valued at $191,000. 97.00% of the stock is owned by institutional investors and hedge funds.

NCR Voyix Stock Performance

Shares of NYSE VYX opened at $7.08 on Friday. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $976.85 million, a price-to-earnings ratio of 17.69 and a beta of 1.40. The stock's fifty day simple moving average is $8.13 and its 200 day simple moving average is $7.48. NCR Voyix Corporation has a 52-week low of $6.02 and a 52-week high of $13.02.

NCR Voyix (NYSE:VYX - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.15 by $0.02. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%.The business 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 earnings per share. NCR Voyix's revenue was down 21.5% compared to the same quarter last year. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. As a group, sell-side analysts forecast that NCR Voyix Corporation will post 0.68 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on VYX shares. Royal Bank Of Canada raised their price target on shares of NCR Voyix from $10.00 to $13.00 and gave the stock an "outperform" rating in a research report on Thursday, August 6th. Weiss Ratings raised shares of NCR Voyix from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, September 4th. Finally, Needham & Company LLC increased their price objective on shares of 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 and three have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $14.00.

About NCR Voyix

NCR Voyix Corporation NYSE: VYX is a global technology company that provides digital commerce solutions to retailers, restaurants and financial institutions. Its software and services are designed to help businesses manage customer transactions, payments, operations and engagement across physical and digital channels.

The company's offerings include point-of-sale systems, self-checkout technology, payment processing, digital ordering, loyalty programs, inventory and workforce management tools, restaurant technology, and back-office solutions.

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