Hennessy Advisors Inc. Invests $10.86 Million in Diebold Nixdorf, Incorporated $DBD

Hennessy Advisors Inc. acquired a new stake in Diebold Nixdorf, Incorporated (NYSE:DBD) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 127,700 shares of the technology company’s stock, valued at approximately $10,857,000.

Other large investors also recently bought and sold shares of the company. Public Employees Retirement System of Ohio acquired a new position in Diebold Nixdorf during the 2nd quarter valued at approximately $33,000. Jones Financial Companies Lllp increased its holdings 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 purchasing an additional 880 shares during the period. GAMMA Investing LLC increased its holdings in shares of Diebold Nixdorf by 56.7% in the second quarter. GAMMA Investing LLC now owns 735 shares of the technology company’s stock valued at $62,000 after purchasing an additional 266 shares during the period. Measured Wealth Private Client Group LLC purchased a new position in shares of Diebold Nixdorf in the first quarter worth about $93,000. Finally, Raymond James Financial Inc. purchased a new position in shares of Diebold Nixdorf in the second quarter worth about $105,000. Hedge funds and other institutional investors own 97.04% of the company’s stock.

Wall Street Analyst Weigh In

DBD has been the topic of a number of recent research reports. DA Davidson reiterated a “buy” rating and issued a $100.00 target price on shares of Diebold Nixdorf in a research report on Monday, May 4th. Weiss Ratings upgraded shares of Diebold Nixdorf from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, July 30th. Wedbush upgraded shares of Diebold Nixdorf to a “strong-buy” rating in a research note on Monday, July 27th. Finally, Wall Street Zen downgraded shares of Diebold Nixdorf from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 1st. One analyst has rated the stock with a Strong Buy rating and two have assigned a Buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $100.00.

Insider Activity

In other Diebold Nixdorf news, EVP Thomas S. Timko purchased 700 shares of the business’s stock in a transaction that occurred on Friday, July 31st. The stock was purchased at an average price of $72.29 per share, for a total transaction of $50,603.00. Following the purchase, the executive vice president directly owned 3,132 shares in the company, valued at approximately $226,412.28. This trade represents a 28.78% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Millstreet Capital Management sold 100,000 shares of the company’s stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $84.80, for a total value of $8,480,000.00. Following the completion of the transaction, the insider directly owned 4,104,432 shares of the company’s stock, valued at $348,055,833.60. The trade was a 2.38% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 419,798 shares of company stock worth $35,245,284. Corporate insiders own 1.10% of the company’s stock.

Diebold Nixdorf Price Performance

Shares of NYSE DBD opened at $67.28 on Friday. 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 stock has a market capitalization of $2.28 billion, a price-to-earnings ratio of 21.99 and a beta of 1.18. The firm’s 50 day simple moving average is $78.99 and its 200-day simple moving average is $78.84. Diebold Nixdorf, Incorporated has a 12 month low of $54.48 and a 12 month high of $92.08.

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

Diebold Nixdorf 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.