Handelsbanken Fonder AB Buys New Position in Diebold Nixdorf, Incorporated $DBD

Handelsbanken Fonder AB purchased a new position in Diebold Nixdorf, Incorporated (NYSE:DBD) in the second quarter, Holdings Channel.com reports. The fund purchased 12,100 shares of the technology company’s stock, valued at approximately $1,029,000.

Several other large investors have also added to or reduced their stakes in DBD. Jones Financial Companies Lllp increased its position in Diebold Nixdorf by 325.9% during the 1st quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock valued at $50,000 after purchasing an additional 880 shares during the period. GAMMA Investing LLC raised its holdings in Diebold Nixdorf by 56.7% in the 2nd quarter. GAMMA Investing LLC now owns 735 shares of the technology company’s stock worth $62,000 after purchasing an additional 266 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new stake in shares of Diebold Nixdorf in the 1st quarter worth about $93,000. Raymond James Financial Inc. purchased a new stake in shares of Diebold Nixdorf in the 2nd quarter worth about $105,000. Finally, CWM LLC boosted its stake in shares of Diebold Nixdorf by 15.6% during the 4th quarter. CWM LLC now owns 1,719 shares of the technology company’s stock valued at $117,000 after purchasing an additional 232 shares in the last quarter. Institutional investors own 97.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on the stock. Wall Street Zen cut shares of Diebold Nixdorf from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 1st. Weiss Ratings raised Diebold Nixdorf from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, July 30th. DA Davidson reiterated a “buy” rating and set a $100.00 target price on shares of Diebold Nixdorf in a report on Monday, May 4th. Finally, Wedbush raised Diebold Nixdorf to a “strong-buy” rating in a research report on Monday, July 27th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $100.00.

Insider Buying and Selling

In related news, major shareholder Millstreet Capital Management sold 100,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was sold at an average price of $84.80, for a total transaction of $8,480,000.00. Following the completion of the transaction, the insider owned 4,104,432 shares of the company’s stock, valued at $348,055,833.60. This trade represents a 2.38% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Jonathan Myers acquired 1,360 shares of the stock in a transaction on Friday, May 22nd. The shares were bought at an average price of $73.41 per share, with a total value of $99,837.60. Following the purchase, the executive vice president directly owned 45,626 shares of the company’s stock, valued at $3,349,404.66. The trade was a 3.07% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have purchased 3,982 shares of company stock worth $299,741 and have sold 419,798 shares worth $35,245,284. Insiders own 1.10% of the company’s stock.

Diebold Nixdorf Trading Down 1.6%

Shares of NYSE DBD opened at $67.49 on Thursday. Diebold Nixdorf, Incorporated has a 1 year low of $54.48 and a 1 year high of $92.08. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.27 and a quick ratio of 0.83. The firm has a 50-day moving average of $80.97 and a 200 day moving average of $79.00. The stock has a market cap of $2.29 billion, a P/E ratio of 22.06 and a beta of 1.18.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings data on Wednesday, July 29th. The technology company reported $1.10 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.10. Diebold Nixdorf had a net margin of 2.87% and a return on equity of 21.16%. The business had revenue of $927.60 million for the quarter, compared to analysts’ expectations of $923.07 million. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. As a group, sell-side analysts expect that Diebold Nixdorf, Incorporated will post 5.46 EPS for the current fiscal year.

About Diebold Nixdorf

Diebold Nixdorf, Inc (NYSE: DBD) is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company’s core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.