BlackRock Inc. Makes New Investment in NCR Voyix Corporation $VYX

Key Points

• BlackRock acquired 22.56 million shares of NCR Voyix in the second quarter, worth approximately $184.3 million and representing a 16.37% stake. Institutional investors collectively own about 97% of the company.
• Analyst sentiment is mixed, with four Buy, two Hold and one Sell ratings; the average rating is Hold with a $14 price target. RBC and Needham recently raised their targets to $13 and $14, respectively.
• NCR Voyix exceeded quarterly expectations, reporting $0.17 in adjusted EPS versus $0.15 expected and $523 million in revenue versus $515.95 million estimated, although revenue declined 21.5% year over year.

BlackRock Inc. purchased a new stake in NCR Voyix Corporation (NYSE:VYX - Free Report) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 22,559,376 shares of the company's stock, valued at approximately $184,310,000. BlackRock Inc. owned about 16.37% of NCR Voyix at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Masters Capital Management LLC lifted its position in shares of NCR Voyix by 16.7% in the first quarter. Masters Capital Management LLC now owns 3,500,000 shares of the company's stock valued at $22,155,000 after buying an additional 500,000 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of NCR Voyix during the 1st quarter worth approximately $925,000. Fifth Third Bancorp increased its holdings in shares of NCR Voyix by 9,705.3% during the 1st quarter. Fifth Third Bancorp now owns 148,746 shares of the company's stock worth $942,000 after acquiring an additional 147,229 shares during the last quarter. Vanguard Group Inc. raised its stake in NCR Voyix by 2.2% in the 4th quarter. Vanguard Group Inc. now owns 18,087,393 shares of the company's stock valued at $184,491,000 after acquiring an additional 383,873 shares during the period. Finally, Dimensional Fund Advisors LP raised its stake in NCR Voyix by 27.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,269,979 shares of the company's stock valued at $39,689,000 after acquiring an additional 1,334,716 shares during the period. Institutional investors own 97.00% of the company's stock.

Analyst Ratings Changes

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

NCR Voyix Price Performance

Shares of NCR Voyix stock opened at $9.18 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 $1.27 billion, a price-to-earnings ratio of 22.95 and a beta of 1.39. NCR Voyix Corporation has a twelve month low of $6.02 and a twelve month high of $13.77. The company has a 50-day simple moving average of $8.13 and a two-hundred day simple moving average of $7.60.

NCR Voyix (NYSE:VYX - Get Free Report) last announced its earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.15 by $0.02. The firm had revenue of $523.00 million for the quarter, compared to analyst estimates of $515.95 million. NCR Voyix had a net margin of 2.53% and a return on equity of 11.23%. The business's revenue was down 21.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Analysts forecast that NCR Voyix Corporation will post 0.68 EPS for the current year.

NCR Voyix 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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