Janney Montgomery Scott LLC Takes $958,000 Position in Deluxe Corporation $DLX

Janney Montgomery Scott LLC bought a new position in Deluxe Corporation (NYSE:DLX) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 34,797 shares of the business services provider’s stock, valued at approximately $958,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of DLX. Strs Ohio purchased a new position in Deluxe during the first quarter valued at approximately $30,000. Raymond James Financial Inc. purchased a new stake in Deluxe in the 2nd quarter worth approximately $31,000. UMB Bank n.a. boosted its position in Deluxe by 3,597.9% in the 4th quarter. UMB Bank n.a. now owns 1,738 shares of the business services provider’s stock worth $39,000 after purchasing an additional 1,691 shares in the last quarter. TD Waterhouse Canada Inc. acquired a new stake in shares of Deluxe during the 4th quarter worth approximately $45,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Deluxe by 33.9% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,179 shares of the business services provider’s stock worth $49,000 after purchasing an additional 552 shares during the period. 93.90% of the stock is owned by institutional investors and hedge funds.

Deluxe Stock Performance

Shares of DLX stock opened at $24.43 on Monday. The company has a market capitalization of $1.12 billion, a P/E ratio of 10.44, a P/E/G ratio of 0.62 and a beta of 1.24. The business’s 50 day moving average is $24.14 and its two-hundred day moving average is $25.66. The company has a current ratio of 1.15, a quick ratio of 1.05 and a debt-to-equity ratio of 1.98. Deluxe Corporation has a 12-month low of $15.41 and a 12-month high of $32.07.

Deluxe (NYSE:DLX) last posted its quarterly earnings data on Wednesday, May 6th. The business services provider reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $0.91 by $0.14. The business had revenue of $538.10 million during the quarter, compared to analysts’ expectations of $534.97 million. Deluxe had a return on equity of 24.11% and a net margin of 5.01%.The business’s revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.75 earnings per share. Deluxe has set its FY 2026 guidance at 3.600-4.000 EPS. Analysts expect that Deluxe Corporation will post 3.3 EPS for the current fiscal year.

Deluxe Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.20 dividend on an annualized basis and a yield of 4.9%. Deluxe’s dividend payout ratio (DPR) is currently 51.28%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on DLX. Zacks Research cut shares of Deluxe from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Weiss Ratings lowered shares of Deluxe from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, June 4th. Finally, Wall Street Zen raised shares of Deluxe from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 6th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, Deluxe presently has a consensus 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.