Wealth Enhancement Advisory Services LLC Invests $14.19 Million in NCR Atleos Corporation $NATL

Wealth Enhancement Advisory Services LLC purchased a new position in shares of NCR Atleos Corporation (NYSE:NATL) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 355,233 shares of the company’s stock, valued at approximately $14,188,000. Wealth Enhancement Advisory Services LLC owned about 0.48% of NCR Atleos at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Allspring Global Investments Holdings LLC bought a new stake in shares of NCR Atleos during the 3rd quarter valued at $3,942,000. XTX Topco Ltd bought a new position in shares of NCR Atleos in the 2nd quarter worth $1,595,000. Brandywine Global Investment Management LLC acquired a new stake in shares of NCR Atleos during the second quarter worth $3,684,000. Clifford Capital Partners LLC increased its holdings in NCR Atleos by 3.0% in the second quarter. Clifford Capital Partners LLC now owns 736,439 shares of the company’s stock valued at $21,011,000 after purchasing an additional 21,766 shares during the last quarter. Finally, Inspire Investing LLC bought a new stake in NCR Atleos in the third quarter valued at about $1,061,000. 88.66% of the stock is owned by institutional investors.

NCR Atleos Price Performance

Shares of NCR Atleos stock opened at $38.61 on Friday. The company has a market capitalization of $2.85 billion, a P/E ratio of 21.69 and a beta of 0.96. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 8.43. The stock has a 50-day simple moving average of $37.89. NCR Atleos Corporation has a 1 year low of $22.30 and a 1 year high of $42.23.

NCR Atleos (NYSE:NATL) last released its quarterly earnings data on Wednesday, November 5th. The company reported $1.09 earnings per share for the quarter, beating the consensus estimate of $0.90 by $0.19. NCR Atleos had a return on equity of 84.80% and a net margin of 3.11%.The business had revenue of $1.12 billion for the quarter. During the same quarter last year, the firm earned $0.89 EPS. The company’s revenue for the quarter was up 4.0% on a year-over-year basis. NCR Atleos has set its FY 2025 guidance at 3.896-4.089 EPS.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Wedbush restated an “outperform” rating and set a $45.00 target price on shares of NCR Atleos in a report on Friday, November 7th. Zacks Research downgraded shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Weiss Ratings reissued a “hold (c)” rating on shares of NCR Atleos in a research note on Wednesday, October 8th. Finally, Wall Street Zen cut shares of NCR Atleos from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, NCR Atleos has a consensus rating of “Hold” and a consensus price target of $41.00.

About NCR Atleos

NCR Atleos Corporation operates as a financial technology company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Self-Service Banking, Network, and Telecommunications & Technology (T&T). The Self-Service Banking segment offers solutions, including a line of automated teller machine (ATM) and interactive teller machine (ITM) hardware and software, as well as related installation, maintenance, and managed and professional services; and solutions to manage and run the ATM channel end-to-end for financial institutions comprising back office, cash management, software management and ATM deployment, and others.