Wellington Management Group LLP Has $26.98 Million Stock Holdings in NCR Voyix Corporation $VYX

Key Points

• Wellington Management increased its NCR Voyix stake by 72.2% during the second quarter, acquiring 1.38 million additional shares. Its 3.30 million shares were valued at approximately $26.98 million, representing a 2.39% ownership stake.
• NCR Voyix beat quarterly expectations with adjusted earnings of $0.17 per share versus the $0.15 consensus and revenue of $523 million. However, revenue declined 21.5% year over year.
• Analyst sentiment is generally positive: the stock has a “Moderate Buy” consensus rating and an average price target of $14, while shares recently opened at $9.14. Institutional investors collectively own about 97% of the company.

Wellington Management Group LLP grew its stake in shares of NCR Voyix Corporation (NYSE:VYX - Free Report) by 72.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 3,301,936 shares of the company's stock after purchasing an additional 1,384,935 shares during the period. Wellington Management Group LLP owned about 2.39% of NCR Voyix worth $26,977,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new stake in NCR Voyix during the 4th quarter worth about $28,000. Kestra Advisory Services LLC acquired a new position in shares of NCR Voyix in the fourth quarter worth about $29,000. Parkside Financial Bank & Trust raised its holdings 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. Public Employees Retirement System of Ohio purchased a new stake in shares of NCR Voyix in the 2nd quarter valued at approximately $52,000. Finally, Hantz Financial Services Inc. lifted its position in shares of NCR Voyix by 615.6% in the 4th quarter. Hantz Financial Services Inc. now owns 8,716 shares of the company's stock valued at $89,000 after acquiring an additional 7,498 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company's stock.

NCR Voyix Stock Performance

VYX stock opened at $9.14 on Friday. The firm has a 50 day simple moving average of $8.30 and a 200 day simple moving average of $7.58. NCR Voyix Corporation has a 52 week low of $6.02 and a 52 week high of $13.49. The stock has a market cap of $1.26 billion, a P/E ratio of 22.85 and a beta of 1.40. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.07.

NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate 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 company's revenue for the quarter was down 21.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Research analysts anticipate that NCR Voyix Corporation will post 0.68 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VYX. Royal Bank Of Canada lifted their price objective on shares of NCR Voyix from $10.00 to $13.00 and gave the stock an "outperform" rating in a research report on Thursday, August 6th. Needham & Company LLC increased their target price on NCR Voyix from $12.00 to $14.00 and gave the company a "buy" rating in a report on Thursday, August 6th. The Goldman Sachs Group raised their target price on NCR Voyix from $8.00 to $9.00 and gave the stock a "neutral" rating in a research report on Monday, May 11th. Finally, Weiss Ratings upgraded NCR Voyix from a "sell (d+)" rating to a "hold (c-)" rating in a report on Friday. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, NCR Voyix has an average rating of "Moderate Buy" and an average price target of $14.00.

NCR Voyix Company 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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