Cummins Hugh III Buys Shares of Deluxe Corporation
Insider Cummins Hugh III purchased 1,205 shares of Deluxe Corporation.
Key Points
- Cummins Hugh III bought 1,205 shares of Deluxe Corporation (DLX) on June 15, 2026, at $22.84 per share, totaling $27,522.
- Deluxe Corporation (NYSE: DLX) trades around $23.56 with a market cap of $1.07 billion and a P/E ratio of 10.37.
- TD Securities maintained a 'buy' rating for Deluxe Corporation with a $23.00 price target on May 1, 2025.
Cummins Hugh III, an insider at Deluxe Corporation, bought 1,205 shares of the company on June 15, 2026. The shares were purchased at an average price of $22.84 each, making the total transaction worth $27,522. This move wasn't part of a pre-planned trading program.
Insider Buying and Selling at Deluxe Corporation
Several insiders at Deluxe Corporation were active in recent transactions. On the same day as Cummins Hugh III's purchase, Angela Brown and Telisa Yancy each acquired 1,205 shares at $22.84 per share. Yogaraj Jeyaprakasam, the Chief Technology & Digital Officer, also made notable moves on May 13, 2026, buying 4,163 shares with no price listed and selling 1,688 shares at $25.31.
Other Institutional Activity in Deluxe Corporation
Institutional investors have also been adjusting their positions in Deluxe Corporation. BlackRock, Inc. increased its holdings slightly by 8,977 shares, bringing its total to 6,739,790 shares valued at about $185.6 million. Dimensional Fund Advisors LP added 101,105 shares, now holding 2,753,203 shares worth approximately $75.8 million. Conversely, State Street Corp reduced its stake by 146,338 shares, holding 2,769,011 shares valued at $76.3 million.
Deluxe Corporation Stock Snapshot
Shares of Deluxe Corporation (NYSE: DLX) are trading around $23.56. The company has a market cap of approximately $1.07 billion and a P/E ratio of 10.37, with a forward P/E of 5.70. Its 52-week range spans from $14.59 to $32.07. The stock's 50-day moving average is $26.33, while the 200-day moving average stands at $23.60. Deluxe has a beta of 1.224, indicating its volatility is higher than the market.
Recent Earnings
Deluxe Corporation reported revenue of $2.13 billion, with a modest growth rate of 0.3%. Its earnings per share (EPS) was $2.26, reflecting a net margin of 4.87% and a return on equity (ROE) of 15.77%. The next earnings report is anticipated on August 5, 2026.
Dividend
Deluxe Corporation offers an annual dividend rate of $1.20, yielding 5.09%. The dividend payout ratio is 53.1%, indicating the proportion of earnings paid out as dividends.
Analysts Set New Price Targets
On May 1, 2025, TD Securities maintained its 'buy' rating for Deluxe Corporation, setting a price target of $23.00. The consensus among analysts is a 'buy' recommendation, with a mean price target of $32.67 based on three analyst opinions.
About Deluxe Corporation
Deluxe Corporation, headquartered in Minneapolis, Minnesota, provides technology-enabled solutions to small and medium-sized businesses as well as financial institutions across the U.S. and Canada. The company operates through four segments: Merchant Services, B2B Payments, Data Solutions, and Print. Deluxe offers a range of services including credit and debit card processing, treasury management, and fraud prevention. It also provides marketing services and printed products. The company is led by CEO Barry C. McCarthy and employs over 4,500 people.
Bottom Line
Deluxe Corporation remains an active interest for both insiders and institutional investors. The recent insider purchases reflect confidence in the company's future prospects. With a diverse range of services and a solid market presence, Deluxe continues to be a company to watch. Keep in mind that insider transactions are reported after the fact and may not reflect the current sentiment.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.