Diebold Nixdorf, Incorporated $DBD is Beach Point Capital Management LP’s 2nd Largest Position

Beach Point Capital Management LP trimmed its holdings in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 19.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,099,502 shares of the technology company’s stock after selling 257,275 shares during the period. Diebold Nixdorf makes up approximately 28.9% of Beach Point Capital Management LP’s portfolio, making the stock its 2nd largest holding. Beach Point Capital Management LP’s holdings in Diebold Nixdorf were worth $74,645,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in DBD. AlphaQuest LLC lifted its holdings in shares of Diebold Nixdorf by 65.1% during the third quarter. AlphaQuest LLC now owns 860 shares of the technology company’s stock valued at $49,000 after purchasing an additional 339 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Diebold Nixdorf by 325.9% in the first quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock worth $50,000 after acquiring an additional 880 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Diebold Nixdorf in the second quarter worth $105,000. CWM LLC boosted its holdings in Diebold Nixdorf by 15.6% in the fourth quarter. CWM LLC now owns 1,719 shares of the technology company’s stock worth $117,000 after acquiring an additional 232 shares in the last quarter. Finally, Virtus Advisers LLC boosted its holdings in Diebold Nixdorf by 320.2% in the third quarter. Virtus Advisers LLC now owns 2,332 shares of the technology company’s stock worth $133,000 after acquiring an additional 1,777 shares in the last quarter. 97.04% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. Wedbush set a $100.00 target price on Diebold Nixdorf in a report on Friday, February 13th. Weiss Ratings raised Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a report on Tuesday, February 17th. Finally, DA Davidson reissued a “buy” rating and issued a $100.00 target price on shares of Diebold Nixdorf in a report on Monday, May 4th. Three research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $100.00.

Diebold Nixdorf Price Performance

Shares of NYSE DBD opened at $81.22 on Friday. Diebold Nixdorf, Incorporated has a twelve month low of $47.33 and a twelve month high of $89.05. The firm has a market cap of $2.81 billion, a P/E ratio of 27.53 and a beta of 1.16. The company has a 50 day moving average of $78.54 and a 200 day moving average of $73.11. The company has a quick ratio of 0.89, a current ratio of 1.28 and a debt-to-equity ratio of 0.92.

Diebold Nixdorf (NYSE:DBD) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported $0.60 earnings per share for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.01). Diebold Nixdorf had a return on equity of 18.82% and a net margin of 2.80%.The firm had revenue of $888.20 million during the quarter, compared to analysts’ expectations of $846.23 million. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.75 EPS. As a group, research analysts expect that Diebold Nixdorf, Incorporated will post 5.5 EPS for the current fiscal year.

Insider Activity

In related news, major shareholder Millstreet Capital Management sold 399,929 shares of the business’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $82.42, for a total value of $32,962,148.18. Following the completion of the transaction, the insider directly owned 4,816,743 shares in the company, valued at $396,995,958.06. The trade was a 7.67% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Octavio Marquez acquired 629 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average price of $79.37 per share, with a total value of $49,923.73. Following the completion of the acquisition, the chief executive officer owned 216,886 shares in the company, valued at $17,214,241.82. The trade was a 0.29% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last quarter, insiders have purchased 3,282 shares of company stock valued at $249,138 and have sold 512,234 shares valued at $42,516,215. Insiders own 1.10% of the company’s stock.

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.