NCR Voyix Corporation $VYX Stock Holdings Boosted by Boston Partners

Key Points

• Boston Partners significantly increased its stake in NCR Voyix Corporation by 99.9% during the first quarter, now owning 1,464,287 shares valued at approximately $14.27 million.
• Analysts have differing views on NCR Voyix's stock, with Stifel Nicolaus raising the price target from $13.00 to $15.00, while Needham & Company lowered theirs from $15.00 to $13.00, resulting in a consensus rating of "Moderate Buy".
• NCR Voyix recently reported earnings of $0.19 per share, exceeding expectations, although their revenue declined by 7.8% year-over-year to $666 million.

Boston Partners increased its stake in NCR Voyix Corporation (NYSE:VYX - Free Report) by 99.9% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,464,287 shares of the company's stock after acquiring an additional 731,807 shares during the period. Boston Partners owned approximately 1.05% of NCR Voyix worth $14,270,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd lifted its position in NCR Voyix by 375.7% during the first quarter. Caitong International Asset Management Co. Ltd now owns 6,650 shares of the company's stock valued at $65,000 after buying an additional 5,252 shares in the last quarter. Public Sector Pension Investment Board lifted its position in shares of NCR Voyix by 27.2% during the first quarter. Public Sector Pension Investment Board now owns 462,952 shares of the company's stock worth $4,514,000 after purchasing an additional 98,884 shares in the last quarter. Nuveen LLC acquired a new position in shares of NCR Voyix during the first quarter worth $5,314,000. Invesco Ltd. lifted its position in shares of NCR Voyix by 14.0% during the first quarter. Invesco Ltd. now owns 1,313,909 shares of the company's stock worth $12,811,000 after purchasing an additional 161,771 shares in the last quarter. Finally, Blair William & Co. IL lifted its position in shares of NCR Voyix by 29.5% during the first quarter. Blair William & Co. IL now owns 81,215 shares of the company's stock worth $792,000 after purchasing an additional 18,500 shares in the last quarter. 97.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VYX has been the subject of a number of research analyst reports. Stifel Nicolaus lifted their price target on shares of NCR Voyix from $13.00 to $15.00 and gave the stock a "buy" rating in a research note on Friday, August 8th. Stephens lifted their price target on shares of NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a research note on Monday, June 9th. Needham & Company LLC dropped their price target on shares of NCR Voyix from $15.00 to $13.00 and set a "buy" rating for the company in a research note on Friday, May 9th. Finally, The Goldman Sachs Group lifted their price target on shares of NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a research note on Friday, May 9th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, NCR Voyix currently has an average rating of "Moderate Buy" and a consensus price target of $14.20.

NCR Voyix Stock Performance

Shares of NCR Voyix stock traded up $0.0240 during trading on Wednesday, hitting $12.4740. 785,806 shares of the stock were exchanged, compared to its average volume of 1,868,685. The stock's fifty day moving average is $12.90 and its 200 day moving average is $11.19. The stock has a market cap of $1.72 billion, a PE ratio of 1.75 and a beta of 1.67. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.96 and a current ratio of 1.16. NCR Voyix Corporation has a 12 month low of $7.55 and a 12 month high of $15.34.

NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.14 by $0.05. The business had revenue of $666.00 million during the quarter, compared to analyst estimates of $648.13 million. NCR Voyix had a net margin of 38.86% and a negative return on equity of 2.84%. The company's quarterly revenue was down 7.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.20) earnings per share. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. As a group, sell-side analysts anticipate that NCR Voyix Corporation will post -0.86 EPS for the current year.

NCR Voyix Profile

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers.