NCR Atleos Corporation $NATL Shares Sold by State of Alaska Department of Revenue

State of Alaska Department of Revenue reduced its holdings in shares of NCR Atleos Corporation (NYSE:NATL) by 36.0% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,250 shares of the company’s stock after selling 12,528 shares during the quarter. State of Alaska Department of Revenue’s holdings in NCR Atleos were worth $1,003,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Sound Income Strategies LLC raised its holdings in shares of NCR Atleos by 245.7% in the 1st quarter. Sound Income Strategies LLC now owns 643 shares of the company’s stock worth $28,000 after acquiring an additional 457 shares during the last quarter. Hanson & Doremus Investment Management lifted its position in NCR Atleos by 19.3% in the 1st quarter. Hanson & Doremus Investment Management now owns 3,406 shares of the company’s stock valued at $148,000 after acquiring an additional 550 shares in the last quarter. Janney Montgomery Scott LLC lifted its position in NCR Atleos by 2.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 47,431 shares of the company’s stock valued at $2,067,000 after acquiring an additional 1,264 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new position in NCR Atleos during the 2nd quarter valued at about $83,000. Finally, Nykredit A S acquired a new position in NCR Atleos during the 2nd quarter valued at about $161,000. 88.66% of the stock is owned by institutional investors.

NCR Atleos Price Performance

Shares of NYSE:NATL opened at $46.77 on Thursday. 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 stock’s fifty day simple moving average is $46.03 and its two-hundred day simple moving average is $45.38. NCR Atleos Corporation has a 1-year low of $33.31 and a 1-year high of $48.50. The stock has a market cap of $3.46 billion, a PE ratio of 18.13 and a beta of 0.57.

NCR Atleos (NYSE:NATL) last posted its earnings results on Wednesday, August 5th. The company reported $1.49 earnings per share (EPS) for the quarter, topping 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%. As a group, analysts forecast that NCR Atleos Corporation will post 4.50 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

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

NCR Atleos Profile

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.