Harbor Capital Advisors Inc. Boosts Stake in Donnelley Financial Solutions $DFIN

Key Points

• Harbor Capital Advisors Inc. increased its stake in Donnelley Financial Solutions by 77.8%, now holding 108,891 shares valued at approximately $6.71 million.
• Donnelley Financial Solutions reported earnings of $1.49 per share for the latest quarter, exceeding analysts' expectations, although its revenue decreased by 10.1% year-over-year.
• Wall Street analysts have mixed views, with some lowering Donnelley Financial Solutions from a "buy" to a "hold" rating, while the consensus price target remains at $71.33.

Harbor Capital Advisors Inc. raised its position in Donnelley Financial Solutions (NYSE:DFIN - Free Report) by 77.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 108,891 shares of the company's stock after purchasing an additional 47,632 shares during the quarter. Harbor Capital Advisors Inc. owned 0.39% of Donnelley Financial Solutions worth $6,713,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. raised its position in Donnelley Financial Solutions by 0.7% in the 1st quarter. PNC Financial Services Group Inc. now owns 37,922 shares of the company's stock worth $1,658,000 after purchasing an additional 261 shares during the period. MetLife Investment Management LLC raised its position in Donnelley Financial Solutions by 2.4% in the 1st quarter. MetLife Investment Management LLC now owns 16,231 shares of the company's stock worth $709,000 after purchasing an additional 376 shares during the period. Martingale Asset Management L P raised its position in Donnelley Financial Solutions by 1.5% in the 1st quarter. Martingale Asset Management L P now owns 27,219 shares of the company's stock worth $1,190,000 after purchasing an additional 400 shares during the period. Versant Capital Management Inc raised its position in Donnelley Financial Solutions by 197.2% in the 1st quarter. Versant Capital Management Inc now owns 743 shares of the company's stock worth $32,000 after purchasing an additional 493 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Donnelley Financial Solutions by 3.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,678 shares of the company's stock worth $921,000 after purchasing an additional 540 shares during the period. 93.84% of the stock is owned by hedge funds and other institutional investors.

Donnelley Financial Solutions Stock Down 1.6%

Shares of NYSE:DFIN opened at $53.81 on Tuesday. Donnelley Financial Solutions has a 52-week low of $37.80 and a 52-week high of $70.55. The stock has a market cap of $1.48 billion, a P/E ratio of 19.01 and a beta of 0.99. The business's 50 day moving average is $57.71 and its 200 day moving average is $53.02. The company has a quick ratio of 1.29, a current ratio of 1.29 and a debt-to-equity ratio of 0.43.

Donnelley Financial Solutions (NYSE:DFIN - Get Free Report) last announced its quarterly earnings data on Thursday, July 31st. The company reported $1.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.07. Donnelley Financial Solutions had a return on equity of 20.03% and a net margin of 10.87%.The company had revenue of $218.10 million for the quarter, compared to analysts' expectations of $226.13 million. During the same quarter in the prior year, the firm earned $1.47 earnings per share. Donnelley Financial Solutions's revenue was down 10.1% compared to the same quarter last year. Donnelley Financial Solutions has set its Q3 2025 guidance at EPS.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered shares of Donnelley Financial Solutions from a "buy" rating to a "hold" rating in a research report on Saturday, August 2nd. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $71.33.

Insider Transactions at Donnelley Financial Solutions

In related news, Director Luis A. Aguilar sold 7,421 shares of the stock in a transaction that occurred on Wednesday, August 27th. The stock was sold at an average price of $56.71, for a total value of $420,844.91. Following the transaction, the director owned 53,343 shares of the company's stock, valued at $3,025,081.53. This represents a 12.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 4.30% of the stock is currently owned by company insiders.

About Donnelley Financial Solutions

Donnelley Financial Solutions, Inc provides innovative software and technology-enabled financial regulatory and compliance solutions in the United States, Asia, Europe, Canada, and internationally. It operates through four segments: Capital Markets Software Solutions (CM-SS); Capital Markets Compliance and Communications Management (CM-CCM); Investment Companies Software Solutions (IC-SS); and Investment Companies Compliance and Communications Management (IC-CCM).

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