Deluxe Corporation $DLX Shares Acquired by Intech Investment Management LLC

Intech Investment Management LLC lifted its holdings in shares of Deluxe Corporation (NYSE:DLX) by 136.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 57,277 shares of the business services provider’s stock after buying an additional 33,050 shares during the period. Intech Investment Management LLC owned approximately 0.13% of Deluxe worth $1,279,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Advisors Asset Management Inc. boosted its position in shares of Deluxe by 0.6% during the third quarter. Advisors Asset Management Inc. now owns 86,657 shares of the business services provider’s stock worth $1,678,000 after buying an additional 488 shares during the period. EverSource Wealth Advisors LLC boosted its position in shares of Deluxe by 33.9% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,179 shares of the business services provider’s stock worth $49,000 after buying an additional 552 shares during the period. Kendall Capital Management boosted its position in shares of Deluxe by 2.8% during the third quarter. Kendall Capital Management now owns 28,886 shares of the business services provider’s stock worth $559,000 after buying an additional 790 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of Deluxe by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,260 shares of the business services provider’s stock worth $415,000 after buying an additional 1,072 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its position in shares of Deluxe by 2.3% during the fourth quarter. Sequoia Financial Advisors LLC now owns 54,369 shares of the business services provider’s stock worth $1,214,000 after buying an additional 1,202 shares during the period. 93.90% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on DLX. Weiss Ratings upgraded Deluxe from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 22nd. Wall Street Zen upgraded Deluxe from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Zacks Research downgraded Deluxe from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 10th. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Deluxe currently has a consensus rating of “Moderate Buy”.

Deluxe Price Performance

Shares of NYSE:DLX opened at $23.21 on Friday. Deluxe Corporation has a 12 month low of $14.59 and a 12 month high of $32.07. The stock has a market cap of $1.06 billion, a price-to-earnings ratio of 9.92, a PEG ratio of 0.58 and a beta of 1.25. The stock’s 50 day moving average price is $26.78 and its 200 day moving average price is $25.17. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.15 and a quick ratio of 1.05.

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

Deluxe Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 2nd. Investors of record on Tuesday, May 19th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a $1.20 annualized dividend and a yield of 5.2%. Deluxe’s payout ratio is presently 51.28%.

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.