Vanguard Group Inc. Grows Stock Position in Deluxe Corporation $DLX

Vanguard Group Inc. increased its holdings in shares of Deluxe Corporation (NYSE:DLX) by 0.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,955,732 shares of the business services provider’s stock after buying an additional 35,030 shares during the quarter. Vanguard Group Inc. owned about 0.11% of Deluxe worth $110,661,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. purchased a new position in shares of Deluxe in the 4th quarter worth about $45,000. State of Alaska Department of Revenue raised its holdings in shares of Deluxe by 22.7% in the 4th quarter. State of Alaska Department of Revenue now owns 27,716 shares of the business services provider’s stock worth $618,000 after purchasing an additional 5,130 shares during the period. Deprince Race & Zollo Inc. raised its holdings in shares of Deluxe by 0.4% in the 4th quarter. Deprince Race & Zollo Inc. now owns 2,080,804 shares of the business services provider’s stock worth $46,464,000 after purchasing an additional 8,823 shares during the period. Nisa Investment Advisors LLC raised its holdings in shares of Deluxe by 22.2% in the 4th quarter. Nisa Investment Advisors LLC now owns 21,511 shares of the business services provider’s stock worth $480,000 after purchasing an additional 3,914 shares during the period. Finally, Baron Wealth Management LLC purchased a new position in shares of Deluxe in the 4th quarter worth about $293,000. 93.90% of the stock is currently owned by hedge funds and other institutional investors.

Deluxe Price Performance

DLX stock opened at $25.32 on Wednesday. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.05 and a current ratio of 1.15. Deluxe Corporation has a 1 year low of $13.61 and a 1 year high of $32.07. The firm has a market cap of $1.16 billion, a P/E ratio of 10.82, a price-to-earnings-growth ratio of 0.61 and a beta of 1.33. The stock has a 50-day simple moving average of $28.10 and a 200-day simple moving average of $24.68.

Deluxe (NYSE:DLX) last posted its earnings results on Wednesday, May 6th. The business services provider reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.91 by $0.14. Deluxe had a return on equity of 24.11% and a net margin of 5.01%.The business had revenue of $538.10 million during the quarter, compared to analyst estimates of $534.97 million. During the same quarter last year, the firm earned $0.75 earnings per share. The company’s revenue for the quarter was up .3% compared to the same quarter last year. Deluxe has set its FY 2026 guidance at 3.600-4.000 EPS. On average, equities analysts predict that Deluxe Corporation will post 3.54 earnings per share for the current fiscal year.

Deluxe Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 19th will be paid a $0.30 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.7%. Deluxe’s dividend payout ratio (DPR) is 51.28%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on DLX shares. Weiss Ratings restated a “buy (b-)” rating on shares of Deluxe in a report on Friday. Wall Street Zen downgraded Deluxe from a “strong-buy” rating to a “buy” rating in a report on Saturday. Finally, Zacks Research downgraded Deluxe from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Deluxe Profile

Deluxe Corporation, founded in 1915 and headquartered in Shoreview, Minnesota, is a provider of integrated business and financial technology solutions. Originally established as a check printing company, Deluxe has evolved its offerings to support small businesses, financial institutions and entrepreneurs with a comprehensive suite of services spanning print, digital and software platforms.

The company’s core business activities include printing checks, forms and promotional materials, as well as delivering digital marketing and customer engagement solutions.