Susquehanna Fundamental Investments LLC Purchases Shares of 460,624 NCR Voyix Corporation $VYX

Key Points

• Susquehanna Fundamental Investments acquired 460,624 NCR Voyix shares valued at approximately $3.76 million, representing about 0.33% of the company. Institutional investors and hedge funds collectively own 97% of VYX.
• Analyst sentiment remains mixed but improved: Needham and RBC raised their price targets to $14 and $13, respectively, while the consensus rating is “Hold” with a $14 average price target.
• NCR Voyix reported quarterly EPS of $0.17, surpassing estimates of $0.15, and revenue of $523 million, above expectations. However, revenue declined 21.5% year over year, and the stock recently traded down 4.6% at $8.38.

Susquehanna Fundamental Investments LLC acquired a new stake in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 460,624 shares of the company's stock, valued at approximately $3,763,000. Susquehanna Fundamental Investments LLC owned about 0.33% of NCR Voyix as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada lifted its position in shares of NCR Voyix by 130.9% in the 1st quarter. Royal Bank of Canada now owns 51,798 shares of the company's stock worth $505,000 after acquiring an additional 29,366 shares during the period. AQR Capital Management LLC raised its stake in shares of NCR Voyix by 56.5% in the first quarter. AQR Capital Management LLC now owns 60,111 shares of the company's stock valued at $586,000 after purchasing an additional 21,698 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in NCR Voyix by 5.1% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,956 shares of the company's stock worth $848,000 after purchasing an additional 4,181 shares during the period. Goldman Sachs Group Inc. boosted its stake in NCR Voyix by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,672,423 shares of the company's stock worth $16,306,000 after buying an additional 362,834 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of NCR Voyix by 13.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 408,773 shares of the company's stock valued at $3,986,000 after buying an additional 49,642 shares in the last quarter. 97.00% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

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

NCR Voyix Trading Down 4.6%

Shares of VYX opened at $8.38 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 company has a market cap of $1.16 billion, a price-to-earnings ratio of 20.95 and a beta of 1.39. The stock has a fifty day moving average price of $8.19 and a two-hundred day moving average price of $7.58. NCR Voyix Corporation has a 52-week low of $6.02 and a 52-week high of $13.61.

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

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.

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