Legal & General Group Plc Invests $2.60 Million in NCR Voyix Corporation $VYX

Key Points

• Legal & General Group acquired 318,576 NCR Voyix shares worth approximately $2.6 million, representing about 0.23% of the company. Institutional investors collectively own roughly 97% of VYX.
• NCR Voyix reported quarterly EPS of $0.17, beating estimates of $0.15, while revenue of $523 million exceeded forecasts but declined 21.5% year over year.
• Analyst sentiment is generally positive: VYX has a “Moderate Buy” consensus rating and an average price target of $14, compared with a recent share price of $9.14.

Legal & General Group Plc acquired a new stake in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 318,576 shares of the company's stock, valued at approximately $2,603,000. Legal & General Group Plc owned approximately 0.23% of NCR Voyix as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of NCR Voyix during the 4th quarter worth about $28,000. Kestra Advisory Services LLC bought a new position in shares of NCR Voyix in the fourth quarter valued at approximately $29,000. Parkside Financial Bank & Trust increased its stake in shares of NCR Voyix by 34.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company's stock valued at $48,000 after acquiring an additional 1,221 shares during the period. Hantz Financial Services Inc. raised its holdings in NCR Voyix by 615.6% during the fourth quarter. Hantz Financial Services Inc. now owns 8,716 shares of the company's stock worth $89,000 after purchasing an additional 7,498 shares in the last quarter. Finally, FourThought Financial Partners LLC acquired a new position in shares of NCR Voyix during the 3rd quarter valued at $130,000. Institutional investors and hedge funds own 97.00% of the company's stock.

NCR Voyix Stock Up 2.0%

VYX stock opened at $9.14 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 market capitalization of $1.26 billion, a P/E ratio of 22.85 and a beta of 1.40. NCR Voyix Corporation has a 52-week low of $6.02 and a 52-week high of $13.49. The company's 50 day simple moving average is $8.30 and its 200-day simple moving average is $7.58.

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

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on VYX. The Goldman Sachs Group upped their price target 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. Needham & Company LLC boosted their target price on shares of NCR Voyix from $12.00 to $14.00 and gave the stock a "buy" rating in a report on Thursday, August 6th. 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 report on Thursday, August 6th. Finally, Weiss Ratings upgraded shares of NCR Voyix from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $14.00.

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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