Northern Trust Corp Grows Position in Donnelley Financial Solutions $DFIN

Key Points

• Northern Trust Corp increased its holdings in Donnelley Financial Solutions by 7.7%, owning approximately 2.12% of the company, valued at $25.67 million.
• Despite reporting earnings per share of $1.49 for the last quarter, beating estimates by $0.07, the company's revenue declined 10.1% year-over-year.
• Wall Street analysts have downgraded Donnelley Financial Solutions from a "buy" to a "hold" rating, with an average target price of $71.33.

Northern Trust Corp lifted its holdings in shares of Donnelley Financial Solutions (NYSE:DFIN - Free Report) by 7.7% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 587,158 shares of the company's stock after acquiring an additional 41,955 shares during the period. Northern Trust Corp owned approximately 2.12% of Donnelley Financial Solutions worth $25,665,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of DFIN. First Trust Advisors LP grew its stake in shares of Donnelley Financial Solutions by 5.1% during the fourth quarter. First Trust Advisors LP now owns 37,637 shares of the company's stock worth $2,361,000 after acquiring an additional 1,837 shares during the last quarter. Voya Investment Management LLC boosted its position in Donnelley Financial Solutions by 30.7% in the fourth quarter. Voya Investment Management LLC now owns 11,141 shares of the company's stock valued at $699,000 after buying an additional 2,618 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in Donnelley Financial Solutions in the fourth quarter valued at approximately $49,000. Quarry LP purchased a new stake in Donnelley Financial Solutions in the fourth quarter valued at approximately $42,000. Finally, Lido Advisors LLC purchased a new stake in Donnelley Financial Solutions in the fourth quarter valued at approximately $260,000. Hedge funds and other institutional investors own 93.84% of the company's stock.

Insider Buying and Selling

In related news, Director Luis A. Aguilar sold 7,421 shares of the stock in a transaction 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 completion of the transaction, the director directly owned 53,343 shares of the company's stock, valued at approximately $3,025,081.53. This represents a 12.21% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.30% of the company's stock.

Analysts Set New Price Targets

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

Donnelley Financial Solutions Stock Performance

Donnelley Financial Solutions stock traded down $0.15 during mid-day trading on Friday, hitting $56.22. The company had a trading volume of 146,797 shares, compared to its average volume of 235,977. The company has a current ratio of 1.29, a quick ratio of 1.29 and a debt-to-equity ratio of 0.43. Donnelley Financial Solutions has a 12-month low of $37.80 and a 12-month high of $70.55. The company's fifty day moving average is $58.63 and its 200-day moving average is $52.73. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 19.87 and a beta of 0.99.

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

Donnelley Financial Solutions Profile

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).