NCR Atleos Stake Boosted by First Trust Advisors LP

Financial technology company NCR Atleos Corporation has seen its stake boosted by First Trust Advisors LP, according to a recent filing with the Securities and Exchange Commission. The firm increased its holdings in NATL by 90.5% during the first quarter, purchasing an additional 96,147 shares for $8,822,000. This investment now represents approximately 0.27% of NCR Atleos' outstanding stock.

First Trust Advisors LP was not alone in increasing its stake in NATL. Other hedge funds, such as XY Capital Ltd and Dimensional Fund Advisors LP, also added to their positions during the quarter. Swiss National Bank and Crescent Grove Advisors LLC boosted their holdings by 4.3% and 3.4%, respectively.

NCR Atleos' stock price has remained relatively stable, opening at $47.02 on Friday. Despite missing earnings expectations in its most recent quarter, analysts remain bullish on the company's future prospects. The firm's revenue grew 6.5% year-over-year, and Wall Street analysts predict that NCR Atleos will post 4.52 EPS for the current year.