Bank of New York Mellon Corp Purchases Shares of 173,375 Diebold Nixdorf, Incorporated $DBD

Key Points

• Bank of New York Mellon acquired 173,375 Diebold Nixdorf shares worth approximately $14.74 million, representing a 0.51% stake. Institutional investors collectively own 97.04% of the company.
• Analyst sentiment remains positive overall, with Diebold Nixdorf holding an average “Buy” rating and a $100 price target, despite one analyst downgrading the stock to “Hold.”
• Diebold Nixdorf reported quarterly EPS of $1.10, in line with estimates, and revenue of $927.6 million, exceeding expectations. Shares opened at $66.56, below their 52-week high of $92.08.

Bank of New York Mellon Corp bought a new position in shares of Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 173,375 shares of the technology company's stock, valued at approximately $14,740,000. Bank of New York Mellon Corp owned 0.51% of Diebold Nixdorf as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of DBD. GAMMA Investing LLC raised its stake in shares of Diebold Nixdorf by 56.7% during the 2nd quarter. GAMMA Investing LLC now owns 735 shares of the technology company's stock valued at $62,000 after buying an additional 266 shares during the last quarter. Jones Financial Companies Lllp boosted its position in Diebold Nixdorf by 325.9% in the 1st quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company's stock worth $50,000 after purchasing an additional 880 shares in the last quarter. Measured Wealth Private Client Group LLC acquired a new stake in shares of Diebold Nixdorf during the 1st quarter worth approximately $93,000. CWM LLC grew its stake in shares of Diebold Nixdorf by 15.6% during the 4th quarter. CWM LLC now owns 1,719 shares of the technology company's stock worth $117,000 after purchasing an additional 232 shares during the period. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Diebold Nixdorf during the 4th quarter valued at approximately $128,000. Hedge funds and other institutional investors own 97.04% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on DBD shares. Wall Street Zen cut shares of Diebold Nixdorf from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 1st. Weiss Ratings upgraded shares of Diebold Nixdorf from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, July 30th. Finally, Wedbush raised shares of Diebold Nixdorf to a "strong-buy" rating in a report on Monday, July 27th. One analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the company's stock. Based on data from MarketBeat.com, Diebold Nixdorf presently has an average rating of "Buy" and an average price target of $100.00.

Diebold Nixdorf Price Performance

Shares of NYSE DBD opened at $66.56 on Wednesday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.83 and a current ratio of 1.27. The firm has a fifty day moving average of $78.36 and a 200 day moving average of $78.82. The firm has a market cap of $2.26 billion, a PE ratio of 21.75 and a beta of 1.15. Diebold Nixdorf, Incorporated has a one year low of $54.48 and a one year high of $92.08.

Diebold Nixdorf (NYSE:DBD - Get Free Report) last announced its earnings results on Wednesday, July 29th. The technology company reported $1.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $1.10. Diebold Nixdorf had a net margin of 2.87% and a return on equity of 21.16%. The business had revenue of $927.60 million for the quarter, compared to analyst estimates of $923.07 million. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. As a group, research analysts predict that Diebold Nixdorf, Incorporated will post 5.46 EPS for the current fiscal year.

Insider Activity at Diebold Nixdorf

In other news, EVP Thomas S. Timko acquired 700 shares of Diebold Nixdorf stock in a transaction that occurred on Friday, July 31st. The stock was purchased at an average cost of $72.29 per share, with a total value of $50,603.00. Following the purchase, the executive vice president owned 3,132 shares in the company, valued at $226,412.28. This trade represents a 28.78% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Millstreet Capital Management sold 228,723 shares of Diebold Nixdorf stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $83.95, for a total transaction of $19,201,295.85. Following the sale, the insider directly owned 4,207,173 shares in the company, valued at approximately $353,192,173.35. This trade represents a 5.16% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 419,798 shares of company stock worth $35,245,284. Company insiders own 1.10% of the company's stock.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Inc NYSE: DBD is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company's core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.

Want to see what other hedge funds are holding DBD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Diebold Nixdorf, Incorporated (NYSE:DBD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source