Diebold Nixdorf, Incorporated (NYSE:DBD – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $84.46 and last traded at $83.2450, with a volume of 51019 shares traded. The stock had previously closed at $82.67.
Analyst Upgrades and Downgrades
Several research analysts recently weighed in on the stock. DA Davidson lifted their price objective on shares of Diebold Nixdorf from $80.00 to $100.00 and gave the stock a “buy” rating in a research note on Friday, February 13th. Wedbush set a $100.00 price target on shares of Diebold Nixdorf in a research report on Friday, February 13th. Finally, Weiss Ratings upgraded shares of Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research report on Tuesday, February 17th. One analyst has rated the stock with a Strong Buy rating and three have issued a Buy rating to the company. According to MarketBeat, Diebold Nixdorf has an average rating of “Buy” and a consensus target price of $100.00.
Read Our Latest Stock Report on DBD
Diebold Nixdorf Trading Down 3.7%
Diebold Nixdorf (NYSE:DBD – Get Free Report) last announced its earnings results on Thursday, February 12th. The technology company reported $3.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.73 by $1.29. Diebold Nixdorf had a return on equity of 16.33% and a net margin of 2.49%.The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. On average, analysts expect that Diebold Nixdorf, Incorporated will post 4.59 earnings per share for the current fiscal year.
Diebold Nixdorf declared that its board has authorized a share repurchase plan on Wednesday, November 5th that allows the company to repurchase $200.00 million in shares. This repurchase authorization allows the technology company to reacquire up to 8.7% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s management believes its shares are undervalued.
Insider Activity at Diebold Nixdorf
In other news, major shareholder Millstreet Capital Management sold 500,000 shares of the firm’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $68.00, for a total value of $34,000,000.00. Following the completion of 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 Securities & Exchange Commission, which is available at the SEC website. 0.26% of the stock is currently owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. AlphaQuest LLC raised its stake in shares of Diebold Nixdorf by 3,621.4% during the 2nd quarter. AlphaQuest LLC now owns 521 shares of the technology company’s stock worth $29,000 after purchasing an additional 507 shares in the last quarter. Jones Financial Companies Lllp grew its stake in shares of Diebold Nixdorf by 325.9% in the first quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock valued at $50,000 after buying an additional 880 shares in the last quarter. CWM LLC increased its holdings in Diebold Nixdorf by 193.3% during the second quarter. CWM LLC now owns 1,320 shares of the technology company’s stock worth $73,000 after buying an additional 870 shares during the last quarter. Kemnay Advisory Services Inc. bought a new stake in Diebold Nixdorf during the fourth quarter worth $128,000. Finally, Raymond James Financial Inc. bought a new stake in Diebold Nixdorf during the second quarter worth $105,000. 97.04% of the stock is currently owned by institutional investors.
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.
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