LSV Asset Management Grows Stock Position in Deluxe Corporation $DLX

LSV Asset Management lifted its stake in Deluxe Corporation (NYSE:DLX) by 6.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,930,885 shares of the business services provider’s stock after buying an additional 113,026 shares during the period. LSV Asset Management’s holdings in Deluxe were worth $43,117,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Deluxe by 0.7% in the fourth quarter. Vanguard Group Inc. now owns 4,955,732 shares of the business services provider’s stock worth $110,661,000 after buying an additional 35,030 shares during the period. Dimensional Fund Advisors LP increased its holdings in shares of Deluxe by 0.8% in the third quarter. Dimensional Fund Advisors LP now owns 2,594,355 shares of the business services provider’s stock worth $50,226,000 after buying an additional 20,323 shares during the period. Deprince Race & Zollo Inc. increased its holdings in shares of Deluxe by 0.4% in the fourth quarter. Deprince Race & Zollo Inc. now owns 2,080,804 shares of the business services provider’s stock worth $46,464,000 after buying an additional 8,823 shares during the period. Bridgeway Capital Management LLC increased its holdings in shares of Deluxe by 0.7% in the third quarter. Bridgeway Capital Management LLC now owns 639,198 shares of the business services provider’s stock worth $12,375,000 after buying an additional 4,751 shares during the period. Finally, Russell Investments Group Ltd. increased its holdings in shares of Deluxe by 9.7% in the third quarter. Russell Investments Group Ltd. now owns 603,169 shares of the business services provider’s stock worth $11,677,000 after buying an additional 53,202 shares during the period. Hedge funds and other institutional investors own 93.90% of the company’s stock.

Deluxe Stock Performance

Deluxe stock opened at $23.80 on Monday. 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 firm has a 50-day moving average of $27.40 and a 200-day moving average of $24.95. The firm has a market cap of $1.09 billion, a P/E ratio of 10.17, a P/E/G ratio of 0.60 and a beta of 1.33. Deluxe Corporation has a 1-year low of $13.61 and a 1-year high of $32.07.

Deluxe (NYSE:DLX) last posted its earnings results on Wednesday, May 6th. The business services provider reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.91 by $0.14. The company had revenue of $538.10 million during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the business 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 Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 2nd. Shareholders of record on Tuesday, May 19th will be issued a $0.30 dividend. The ex-dividend date is Tuesday, May 19th. This represents a $1.20 annualized dividend and a yield of 5.0%. Deluxe’s dividend payout ratio (DPR) is 51.28%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on DLX shares. Weiss Ratings upgraded shares of Deluxe from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Wall Street Zen lowered shares of Deluxe from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 9th. Finally, Zacks Research lowered shares of Deluxe from a “strong-buy” rating to a “hold” rating in a report on Friday, April 10th. Two research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently 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.