15,433 Shares in NCR Atleos Corporation $NATL Purchased by Choreo LLC

Choreo LLC purchased a new stake in shares of NCR Atleos Corporation (NYSE:NATL) in the second quarter, according to the company in its most recent filing with the SEC. The fund purchased 15,433 shares of the company’s stock, valued at approximately $440,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in shares of NCR Atleos by 1.1% in the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 34,815 shares of the company’s stock valued at $993,000 after purchasing an additional 370 shares in the last quarter. Steward Partners Investment Advisory LLC raised its position in NCR Atleos by 60.1% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,023 shares of the company’s stock valued at $29,000 after buying an additional 384 shares during the last quarter. Prudential Financial Inc. lifted its stake in NCR Atleos by 2.9% during the 2nd quarter. Prudential Financial Inc. now owns 138,784 shares of the company’s stock valued at $3,959,000 after acquiring an additional 3,862 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in NCR Atleos by 5.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 124,694 shares of the company’s stock worth $3,558,000 after acquiring an additional 5,946 shares during the last quarter. Finally, Swiss National Bank boosted its holdings in NCR Atleos by 5.0% during the 2nd quarter. Swiss National Bank now owns 140,180 shares of the company’s stock worth $3,999,000 after acquiring an additional 6,700 shares during the last quarter. 88.66% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Zacks Research lowered shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 6th. Wall Street Zen lowered shares of NCR Atleos from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Wedbush reissued an “outperform” rating and set a $45.00 price objective on shares of NCR Atleos in a report on Friday, November 7th. Stifel Nicolaus boosted their target price on NCR Atleos from $32.00 to $37.00 and gave the company a “hold” rating in a research note on Friday, August 8th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of NCR Atleos in a research note on Wednesday, October 8th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $41.00.

NCR Atleos Trading Up 2.6%

NCR Atleos stock opened at $37.38 on Thursday. NCR Atleos Corporation has a 1-year low of $22.30 and a 1-year high of $42.23. 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 company has a market cap of $2.76 billion, a price-to-earnings ratio of 21.00 and a beta of 0.97. The business’s 50 day moving average price is $37.30.

NCR Atleos (NYSE:NATL) last released its quarterly earnings results on Wednesday, November 5th. The company reported $1.09 EPS for the quarter, beating analysts’ consensus estimates of $0.90 by $0.19. NCR Atleos had a net margin of 3.11% and a return on equity of 84.80%. The firm had revenue of $1.12 billion during the quarter. During the same quarter last year, the firm earned $0.89 earnings per share. The firm’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.

NCR Atleos Company Profile

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.