Principal Financial Group Inc. Buys Shares of 19,831 Diebold Nixdorf, Incorporated $DBD

Principal Financial Group Inc. purchased a new position in Diebold Nixdorf, Incorporated (NYSE:DBD) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 19,831 shares of the technology company’s stock, valued at approximately $1,131,000. Principal Financial Group Inc. owned approximately 0.05% of Diebold Nixdorf as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. AlphaQuest LLC raised its stake in Diebold Nixdorf by 3,621.4% during the second quarter. AlphaQuest LLC now owns 521 shares of the technology company’s stock valued at $29,000 after buying an additional 507 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Diebold Nixdorf by 325.9% during the first quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock valued at $50,000 after acquiring an additional 880 shares in the last quarter. CWM LLC raised its position in shares of Diebold Nixdorf by 193.3% in the 2nd quarter. CWM LLC now owns 1,320 shares of the technology company’s stock worth $73,000 after purchasing an additional 870 shares during the last quarter. Raymond James Financial Inc. bought a new position in Diebold Nixdorf in the 2nd quarter worth about $105,000. Finally, New York State Teachers Retirement System purchased a new stake in Diebold Nixdorf during the 3rd quarter valued at about $132,000. Hedge funds and other institutional investors own 97.04% of the company’s stock.

Insider Transactions at Diebold Nixdorf

In other news, major shareholder Millstreet Capital Management sold 500,000 shares of Diebold Nixdorf stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $68.00, for a total transaction of $34,000,000.00. Following the transaction, the insider owned 5,216,672 shares in the company, valued at $354,733,696. This trade represents a 8.75% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 0.26% of the company’s stock.

Diebold Nixdorf Stock Performance

Shares of DBD opened at $80.57 on Thursday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.30 and a quick ratio of 0.92. Diebold Nixdorf, Incorporated has a one year low of $34.88 and a one year high of $84.42. The firm has a market capitalization of $2.83 billion, a P/E ratio of 31.11 and a beta of 1.55. The business has a fifty day moving average of $69.94 and a 200 day moving average of $63.76.

Diebold Nixdorf (NYSE:DBD) last posted its earnings results on Thursday, February 12th. The technology company reported $2.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.73 by $1.02. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.11 billion. Diebold Nixdorf had a return on equity of 16.33% and a net margin of 2.49%.Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. As a group, sell-side analysts anticipate that Diebold Nixdorf, Incorporated will post 4.59 EPS for the current year.

Diebold Nixdorf declared that its board has approved a stock repurchase program on Wednesday, November 5th that authorizes the company to repurchase $200.00 million in outstanding shares. This repurchase authorization authorizes the technology company to buy up to 8.7% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s leadership believes its shares are undervalued.

Analysts Set New Price Targets

DBD has been the subject of several recent analyst reports. Wedbush set a $100.00 target price on shares of Diebold Nixdorf in a report on Friday, February 13th. DA Davidson boosted their price objective on shares of Diebold Nixdorf from $80.00 to $100.00 and gave the stock a “buy” rating in a report on Friday, February 13th. Finally, Weiss Ratings upgraded Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company’s stock. According to MarketBeat.com, Diebold Nixdorf has a consensus rating of “Buy” and a consensus price target of $100.00.

Diebold Nixdorf Company Profile

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.