Private Management Group Inc. Purchases 541,625 Shares of NCR Voyix Corporation $VYX

Private Management Group Inc. boosted its holdings in NCR Voyix Corporation (NYSE:VYX) by 14.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 4,329,342 shares of the company’s stock after purchasing an additional 541,625 shares during the quarter. Private Management Group Inc.’s holdings in NCR Voyix were worth $35,371,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. BlackRock Inc. bought a new position in shares of NCR Voyix in the second quarter worth about $184,310,000. Wellington Management Group LLP raised its stake in NCR Voyix by 72.2% during the 2nd quarter. Wellington Management Group LLP now owns 3,301,936 shares of the company’s stock valued at $26,977,000 after purchasing an additional 1,384,935 shares during the period. Dimensional Fund Advisors LP lifted its holdings in NCR Voyix by 27.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,269,979 shares of the company’s stock worth $39,689,000 after purchasing an additional 1,334,716 shares in the last quarter. Bank of America Corp DE purchased a new position in NCR Voyix in the 2nd quarter worth approximately $8,510,000. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new position in NCR Voyix in the 2nd quarter worth approximately $8,226,000. 97.00% of the stock is owned by institutional investors.

NCR Voyix Stock Performance

NYSE VYX opened at $8.85 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.07 and a quick ratio of 0.95. NCR Voyix Corporation has a 1-year low of $6.02 and a 1-year high of $13.61. The business has a 50 day simple moving average of $8.16 and a two-hundred day simple moving average of $7.61. The stock has a market capitalization of $1.22 billion, a PE ratio of 22.12 and a beta of 1.39.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.02. The business had revenue of $523.00 million for the quarter, compared to analysts’ expectations of $515.95 million. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%.The company’s revenue for the quarter was down 21.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. On average, research analysts predict that NCR Voyix Corporation will post 0.68 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Needham & Company LLC lifted their price objective on shares of NCR Voyix from $12.00 to $14.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Royal Bank Of Canada raised their target price on shares of NCR Voyix from $10.00 to $13.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Weiss Ratings upgraded shares of NCR Voyix from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 6th. Finally, The Goldman Sachs Group boosted their price target on shares of NCR Voyix from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Four research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, NCR Voyix currently has an average rating of “Hold” and a consensus price target of $14.00.

NCR Voyix Company Profile

NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.

Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.