Renaissance Technologies LLC Decreases Stake in Diebold Nixdorf, Incorporated $DBD

Renaissance Technologies LLC lessened its holdings in shares of Diebold Nixdorf, Incorporated (NYSE:DBD) by 27.4% in the first quarter, Holdings Channel reports. The firm owned 73,800 shares of the technology company’s stock after selling 27,900 shares during the period. Renaissance Technologies LLC’s holdings in Diebold Nixdorf were worth $5,567,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of DBD. LSV Asset Management increased its position in shares of Diebold Nixdorf by 1,072.4% in the fourth quarter. LSV Asset Management now owns 325,917 shares of the technology company’s stock worth $22,127,000 after acquiring an additional 298,117 shares in the last quarter. SEB Asset Management AB acquired a new position in shares of Diebold Nixdorf during the 1st quarter valued at $5,334,000. Pacer Advisors Inc. purchased a new stake in Diebold Nixdorf during the 4th quarter worth $9,024,000. Universal Beteiligungs und Servicegesellschaft mbH boosted its position in Diebold Nixdorf by 357.0% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 64,800 shares of the technology company’s stock worth $4,399,000 after purchasing an additional 50,620 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in Diebold Nixdorf by 20.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 519,201 shares of the technology company’s stock valued at $39,169,000 after purchasing an additional 88,534 shares in the last quarter. Hedge funds and other institutional investors own 97.04% of the company’s stock.

Diebold Nixdorf Trading Up 1.4%

Diebold Nixdorf stock opened at $77.94 on Thursday. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.83 and a current ratio of 1.27. The firm’s 50-day moving average is $82.98 and its 200-day moving average is $78.86. Diebold Nixdorf, Incorporated has a 1 year low of $54.48 and a 1 year high of $92.08. The company has a market cap of $2.65 billion, a P/E ratio of 25.47 and a beta of 1.18.

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

Wall Street Analyst Weigh In

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

Insider Buying and Selling

In other news, EVP Jonathan Myers purchased 1,360 shares of Diebold Nixdorf stock in a transaction dated Friday, May 22nd. The stock was bought at an average price of $73.41 per share, with a total value of $99,837.60. Following the completion of the acquisition, the executive vice president owned 45,626 shares in the company, valued at $3,349,404.66. The trade was a 3.07% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Thomas S. Timko purchased 700 shares of the stock in a transaction dated Friday, July 31st. The shares were purchased at an average price of $72.29 per share, with a total value of $50,603.00. Following the transaction, the executive vice president directly owned 3,132 shares of the company’s stock, valued at approximately $226,412.28. The trade was a 28.78% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last 90 days, insiders have bought 3,982 shares of company stock valued at $299,741 and have sold 419,798 shares valued at $35,245,284. 1.10% of the stock is owned by insiders.

Diebold Nixdorf Company 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.