Dimensional Fund Advisors LP Boosts Stock Position in Deluxe Corporation $DLX

Dimensional Fund Advisors LP lifted its stake in Deluxe Corporation (NYSE:DLX) by 3.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,753,203 shares of the business services provider’s stock after purchasing an additional 101,105 shares during the quarter. Dimensional Fund Advisors LP owned about 0.06% of Deluxe worth $75,823,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its holdings in Deluxe by 25.6% in the 1st quarter. Royal Bank of Canada now owns 505,810 shares of the business services provider’s stock valued at $7,996,000 after buying an additional 102,948 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Deluxe by 10.0% during the 1st quarter. AQR Capital Management LLC now owns 272,134 shares of the business services provider’s stock worth $4,302,000 after acquiring an additional 24,660 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Deluxe by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,260 shares of the business services provider’s stock worth $415,000 after acquiring an additional 1,072 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Deluxe by 9.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 110,736 shares of the business services provider’s stock valued at $1,751,000 after acquiring an additional 10,017 shares during the last quarter. Finally, Strs Ohio acquired a new position in shares of Deluxe during the 1st quarter valued at about $30,000. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Deluxe Stock Down 0.4%

Shares of NYSE:DLX opened at $25.87 on Friday. The business has a 50-day moving average price of $24.34 and a 200 day moving average price of $26.02. The company has a current ratio of 1.15, a quick ratio of 1.05 and a debt-to-equity ratio of 1.98. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of 11.05, a PEG ratio of 0.66 and a beta of 1.24. Deluxe Corporation has a 12-month low of $15.41 and a 12-month high of $32.07.

Deluxe (NYSE:DLX) last posted its earnings results 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 company had revenue of $538.10 million for the quarter, compared to analysts’ expectations of $534.97 million. Deluxe had a net margin of 5.01% and a return on equity of 24.11%. Deluxe’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.75 earnings per share. Deluxe has set its FY 2026 guidance at 3.600-4.000 EPS. Sell-side analysts expect that Deluxe Corporation will post 3.3 EPS for the current year.

Deluxe Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Tuesday, May 19th were paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, May 19th. Deluxe’s payout ratio is 51.28%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DLX. Zacks Research lowered shares of Deluxe from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Weiss Ratings downgraded shares of Deluxe from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, July 15th. Finally, Wall Street Zen raised shares of Deluxe from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Deluxe has a consensus rating of “Hold”.

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.