Bank of New York Mellon Corp Makes New $7.20 Million Investment in NCR Voyix Corporation $VYX

Key Points

• Bank of New York Mellon acquired 881,074 shares of NCR Voyix worth approximately $7.2 million, giving it a 0.64% stake. Institutional investors and hedge funds collectively own about 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, though revenue declined 21.5% year over year.
• Analyst sentiment is mixed but improving: Royal Bank of Canada and Needham raised their price targets to $13 and $14, respectively. The stock carries a consensus “Hold” rating with an average target price of $14, compared with a recent price of $8.98.

Bank of New York Mellon Corp acquired a new position in NCR Voyix Corporation (NYSE:VYX - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 881,074 shares of the company's stock, valued at approximately $7,198,000. Bank of New York Mellon Corp owned approximately 0.64% of NCR Voyix at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Royal Bank of Canada increased its holdings in NCR Voyix by 130.9% in the first quarter. Royal Bank of Canada now owns 51,798 shares of the company's stock worth $505,000 after purchasing an additional 29,366 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of NCR Voyix by 56.5% during the 1st quarter. AQR Capital Management LLC now owns 60,111 shares of the company's stock worth $586,000 after buying an additional 21,698 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of NCR Voyix by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,956 shares of the company's stock worth $848,000 after buying an additional 4,181 shares during the period. Goldman Sachs Group Inc. grew its position in shares of NCR Voyix by 27.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,672,423 shares of the company's stock worth $16,306,000 after buying an additional 362,834 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of NCR Voyix by 13.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 408,773 shares of the company's stock valued at $3,986,000 after acquiring an additional 49,642 shares in the last quarter. 97.00% of the stock is owned by institutional investors and hedge funds.

NCR Voyix Stock Performance

NYSE:VYX opened at $8.98 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.07 and a quick ratio of 0.95. The firm has a 50-day moving average of $8.28 and a 200-day moving average of $7.57. The company has a market cap of $1.24 billion, a PE ratio of 22.45 and a beta of 1.40. NCR Voyix Corporation has a one year low of $6.02 and a one year high of $13.49.

NCR Voyix (NYSE:VYX - Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.17 EPS for the quarter, topping 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 firm 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. The company's quarterly 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, equities research analysts expect that NCR Voyix Corporation will post 0.68 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently issued reports on VYX shares. Weiss Ratings upgraded shares of NCR Voyix from a "sell (d)" rating to a "sell (d+)" rating in a report on Thursday, August 6th. The Goldman Sachs Group upped their price objective on shares of NCR Voyix from $8.00 to $9.00 and gave the company a "neutral" rating in a report on Monday, May 11th. Royal Bank Of Canada raised their target price on NCR Voyix from $10.00 to $13.00 and gave the company an "outperform" rating in a research note on Thursday, August 6th. Finally, Needham & Company LLC boosted their target price on NCR Voyix from $12.00 to $14.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat, NCR Voyix has an average rating of "Hold" and a consensus target price of $14.00.

About NCR Voyix

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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