Crescent Grove Advisors LLC Sells 22,265 Shares of NCR Atleos Corporation $NATL

Crescent Grove Advisors LLC reduced its position in shares of NCR Atleos Corporation (NYSE:NATL) by 6.6% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 316,651 shares of the company’s stock after selling 22,265 shares during the quarter. NCR Atleos accounts for about 1.2% of Crescent Grove Advisors LLC’s investment portfolio, making the stock its 19th biggest holding. Crescent Grove Advisors LLC owned 0.43% of NCR Atleos worth $14,306,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Sound Income Strategies LLC raised its stake in NCR Atleos by 245.7% during the 1st quarter. Sound Income Strategies LLC now owns 643 shares of the company’s stock valued at $28,000 after buying an additional 457 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in shares of NCR Atleos during the 2nd quarter valued at $83,000. Nisa Investment Advisors LLC raised its holdings in NCR Atleos by 9.9% during the third quarter. Nisa Investment Advisors LLC now owns 3,316 shares of the company’s stock valued at $150,000 after acquiring an additional 300 shares during the period. Hanson & Doremus Investment Management grew its holdings in NCR Atleos by 19.3% during the 1st quarter. Hanson & Doremus Investment Management now owns 3,406 shares of the company’s stock valued at $148,000 after buying an additional 550 shares in the last quarter. Finally, Nykredit A S purchased a new position in NCR Atleos during the second quarter valued at $161,000. 88.66% of the stock is currently owned by institutional investors.

NCR Atleos Stock Up 0.5%

NYSE:NATL opened at $46.77 on Thursday. The company’s 50 day moving average is $46.03 and its two-hundred day moving average is $45.38. The company has a current ratio of 1.03, a quick ratio of 0.83 and a debt-to-equity ratio of 5.84. The company has a market cap of $3.46 billion, a PE ratio of 10.65 and a beta of 0.57. NCR Atleos Corporation has a twelve month low of $33.31 and a twelve month high of $48.50.

NCR Atleos (NYSE:NATL) last posted its earnings results on Wednesday, August 5th. The company reported $1.49 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.44. The firm had revenue of $1.10 billion during the quarter. NCR Atleos had a net margin of 4.44% and a return on equity of 83.41%. Analysts anticipate that NCR Atleos Corporation will post 4.50 EPS for the current year.

Analysts Set New Price Targets

Separately, Weiss Ratings raised shares of NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. One analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $50.27.

About NCR Atleos

NCR Atleos Corporation is a financial technology company focused on self-service banking and automated teller machine (ATM) solutions. The company provides ATMs, software, managed services and related infrastructure that enable banks, retailers and independent ATM operators to deliver cash access and other routine banking services.

Its offerings include ATM-as-a-service, ATM deployment and management, cash management, transaction processing, maintenance and field support. NCR Atleos also provides software and digital tools designed to help financial institutions manage ATM networks, improve availability and connect self-service channels with broader banking operations.

NCR Atleos was separated from NCR Corporation in 2023, while the remaining company became NCR Voyix.