First Trust Advisors LP Buys New Shares in NCR Voyix Corporation $VYX

Key Points

• First Trust Advisors LP acquired 146,134 shares of NCR Voyix, valued at approximately $925,000, giving it a 0.11% 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 fell 21.5% year over year.
• Analyst sentiment remains mixed but improved: RBC and Needham raised their price targets to $13 and $14, respectively, while the overall consensus rating is “Hold” with an average target price of $14.

First Trust Advisors LP bought a new position in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 146,134 shares of the company's stock, valued at approximately $925,000. First Trust Advisors LP owned approximately 0.11% of NCR Voyix as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of VYX. Parkside Financial Bank & Trust boosted its position in shares of NCR Voyix by 34.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company's stock worth $48,000 after purchasing an additional 1,221 shares in the last quarter. Optimize Financial Inc increased its position in NCR Voyix by 1.5% in the 4th quarter. Optimize Financial Inc now owns 105,516 shares of the company's stock valued at $1,076,000 after buying an additional 1,516 shares in the last quarter. Swiss National Bank raised its stake in NCR Voyix by 0.6% during the 3rd quarter. Swiss National Bank now owns 253,659 shares of the company's stock worth $3,183,000 after buying an additional 1,600 shares during the period. PNC Financial Services Group Inc. raised its stake in NCR Voyix by 15.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 14,883 shares of the company's stock worth $152,000 after buying an additional 2,017 shares during the period. Finally, Hsbc Holdings PLC boosted its holdings in NCR Voyix by 15.6% in the fourth quarter. Hsbc Holdings PLC now owns 15,611 shares of the company's stock worth $159,000 after acquiring an additional 2,103 shares in the last quarter. 97.00% of the stock is currently owned by institutional investors and hedge funds.

NCR Voyix Price Performance

VYX stock opened at $7.98 on Tuesday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.07. The business has a 50-day simple moving average of $7.91 and a two-hundred day simple moving average of $7.77. The company has a market capitalization of $1.10 billion, a P/E ratio of 19.95 and a beta of 1.39. NCR Voyix Corporation has a 52-week low of $6.02 and a 52-week high of $13.81.

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. Research analysts expect that NCR Voyix Corporation will post 0.67 EPS for the current fiscal year.

Wall Street Analyst Weigh In

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

Want to see what other hedge funds are holding VYX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NCR Voyix Corporation (NYSE:VYX - 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