Glendon Capital Management LP Purchases 180,232 Shares of Diebold Nixdorf, Incorporated $DBD

Market Beat
2025.08.24 11:52
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Glendon Capital Management LP increased its stake in Diebold Nixdorf, Incorporated (NYSE:DBD) by 13.7% in Q1, acquiring an additional 180,232 shares, bringing its total to 1,498,282 shares. This investment represents 3.8% of Glendon's portfolio, valued at approximately $65.5 million. Other institutional investors have also increased their holdings in DBD. Analysts have set new price targets, with Wedbush raising it to $70 and DA Davidson maintaining a buy rating at $80. Diebold Nixdorf's stock is currently trading at $61.22, with a market cap of $2.24 billion.