Brown Advisory Inc. Reduces Stock Holdings in NCR Atleos Corporation $NATL

Brown Advisory Inc. reduced its holdings in shares of NCR Atleos Corporation (NYSE:NATL) by 5.8% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 2,336,304 shares of the company’s stock after selling 144,696 shares during the quarter. Brown Advisory Inc.’s holdings in NCR Atleos were worth $66,655,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Clifford Capital Partners LLC grew its stake in shares of NCR Atleos by 3.0% during the second quarter. Clifford Capital Partners LLC now owns 736,439 shares of the company’s stock worth $21,011,000 after acquiring an additional 21,766 shares during the last quarter. Rhumbline Advisers boosted its stake in NCR Atleos by 4.4% in the 2nd quarter. Rhumbline Advisers now owns 209,290 shares of the company’s stock worth $5,971,000 after purchasing an additional 8,754 shares in the last quarter. American Century Companies Inc. grew its position in NCR Atleos by 9.2% during the 2nd quarter. American Century Companies Inc. now owns 166,192 shares of the company’s stock worth $4,741,000 after purchasing an additional 14,024 shares during the last quarter. Swiss National Bank increased its stake in NCR Atleos by 5.0% during the 2nd quarter. Swiss National Bank now owns 140,180 shares of the company’s stock valued at $3,999,000 after purchasing an additional 6,700 shares in the last quarter. Finally, Prudential Financial Inc. raised its holdings in shares of NCR Atleos by 2.9% in the second quarter. Prudential Financial Inc. now owns 138,784 shares of the company’s stock worth $3,959,000 after buying an additional 3,862 shares during the last quarter. Institutional investors and hedge funds own 88.66% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Weiss Ratings reissued a “hold (c)” rating on shares of NCR Atleos in a research report on Wednesday, October 8th. Zacks Research lowered NCR Atleos from a “strong-buy” rating to a “hold” rating in a report on Monday, October 6th. Stifel Nicolaus lifted their target price on NCR Atleos from $32.00 to $37.00 and gave the stock a “hold” rating in a report on Friday, August 8th. Wall Street Zen lowered NCR Atleos from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Wedbush restated an “outperform” rating and set a $45.00 price objective on shares of NCR Atleos in a research note on Friday, November 7th. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, NCR Atleos currently has an average rating of “Hold” and an average target price of $41.00.

NCR Atleos Stock Down 0.6%

Shares of NATL opened at $36.94 on Friday. The stock has a market capitalization of $2.73 billion, a P/E ratio of 20.75 and a beta of 0.97. NCR Atleos Corporation has a 52 week low of $22.30 and a 52 week high of $42.23. The business has a 50-day moving average of $37.23. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 8.43.

NCR Atleos (NYSE:NATL) last announced its quarterly earnings results on Wednesday, November 5th. The company reported $1.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.19. NCR Atleos had a return on equity of 84.80% and a net margin of 3.11%.The company had revenue of $1.12 billion during the quarter. During the same period in the previous year, the firm posted $0.89 earnings per share. The company’s revenue was up 4.0% compared to the same quarter last year. NCR Atleos has set its FY 2025 guidance at 3.896-4.089 EPS.

About NCR Atleos

NCR Atleos Corporation operates as a financial technology company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Self-Service Banking, Network, and Telecommunications & Technology (T&T). The Self-Service Banking segment offers solutions, including a line of automated teller machine (ATM) and interactive teller machine (ITM) hardware and software, as well as related installation, maintenance, and managed and professional services; and solutions to manage and run the ATM channel end-to-end for financial institutions comprising back office, cash management, software management and ATM deployment, and others.