Gift Opening
$200 Off MarketBeat All Access
Thanks for being one of our best subscribers! You are eligible for a limited-time discount.
  •  days
  •  Hours
  •  Minutes
  •  Seconds
Claim Your Discount
×
Free Trial
Thank you for registering! Take a moment to confirm your subscription to Insider Trades Newsletter so that you can access MarketBeat's tools, reports, and news. Please click the "Send Confirmation Email" button and we'll send you an email with confirmation instructions.

Oil-Dri Co. of America (NYSE:ODC) Hits New 52-Week High at $81.32

Oil-Dri Co. of America (NYSE:ODC - Get Free Report) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $81.32 and last traded at $81.32, with a volume of 7168 shares changing hands. The stock had previously closed at $80.20.

Oil-Dri Co. of America Price Performance

The company has a 50 day simple moving average of $71.98 and a 200-day simple moving average of $66.70. The stock has a market cap of $598.26 million, a price-to-earnings ratio of 13.44 and a beta of 0.67. The company has a current ratio of 3.02, a quick ratio of 2.02 and a debt-to-equity ratio of 0.16.

Oil-Dri Co. of America (NYSE:ODC - Get Free Report) last released its quarterly earnings results on Thursday, March 7th. The specialty chemicals company reported $1.77 earnings per share (EPS) for the quarter. Oil-Dri Co. of America had a return on equity of 26.98% and a net margin of 10.14%. The firm had revenue of $105.67 million for the quarter.

Oil-Dri Co. of America Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 24th. Shareholders of record on Friday, May 10th will be paid a $0.29 dividend. This represents a $1.16 annualized dividend and a dividend yield of 1.41%. The ex-dividend date is Thursday, May 9th. Oil-Dri Co. of America's dividend payout ratio is 18.99%.


Institutional Trading of Oil-Dri Co. of America

Several hedge funds and other institutional investors have recently modified their holdings of ODC. SG Americas Securities LLC bought a new position in shares of Oil-Dri Co. of America in the 3rd quarter valued at about $110,000. Allspring Global Investments Holdings LLC bought a new position in shares of Oil-Dri Co. of America in the 3rd quarter valued at about $846,000. Arete Wealth Advisors LLC bought a new position in shares of Oil-Dri Co. of America in the 3rd quarter valued at about $249,000. Diamond Hill Capital Management Inc. grew its holdings in shares of Oil-Dri Co. of America by 46.0% in the 3rd quarter. Diamond Hill Capital Management Inc. now owns 125,764 shares of the specialty chemicals company's stock valued at $7,766,000 after acquiring an additional 39,618 shares in the last quarter. Finally, Barclays PLC grew its holdings in shares of Oil-Dri Co. of America by 5.9% in the 3rd quarter. Barclays PLC now owns 4,957 shares of the specialty chemicals company's stock valued at $307,000 after acquiring an additional 278 shares in the last quarter. Institutional investors and hedge funds own 49.01% of the company's stock.

Oil-Dri Co. of America Company Profile

(Get Free Report)

Oil-Dri Corporation of America, together with its subsidiaries, develops, manufactures, and markets sorbent products in the United States and internationally. It operates in two segments, Retail and Wholesale Products Group, and Business to Business Products Group. The company provides agricultural and horticultural products, including mineral-based absorbent products that serve as carriers for biological and chemical active ingredients, drying agents, and growing media under the Agsorb, Verge, and Flo-Fre brand names.

Read More

→ Read this before you buy AI stocks (From InvestorPlace) (Ad)

Should you invest $1,000 in Oil-Dri Co. of America right now?

Before you consider Oil-Dri Co. of America, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oil-Dri Co. of America wasn't on the list.

While Oil-Dri Co. of America currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google Cover

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

Featured Articles and Offers

Search Headlines: