Oil-Dri Corporation Of America (NYSE:ODC) Stock Price Up 4.8% After Dividend Announcement

Oil-Dri Corporation Of America (NYSE:ODC)’s share price shot up 4.8% during mid-day trading on Thursday following a dividend announcement from the company. The company traded as high as $67.23 and last traded at $68.0040. 14,473 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 71,027 shares. The stock had previously closed at $64.89.

The newly announced dividend which will be paid on Friday, May 22nd. Stockholders of record on Friday, May 8th will be issued a $0.205 dividend. This represents a $0.82 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, May 8th. Oil-Dri Corporation Of America’s dividend payout ratio is presently 22.53%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on ODC shares. Weiss Ratings restated a “buy (b)” rating on shares of Oil-Dri Corporation Of America in a report on Monday, December 22nd. Wall Street Zen lowered shares of Oil-Dri Corporation Of America from a “strong-buy” rating to a “hold” rating in a research note on Saturday, December 13th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Oil-Dri Corporation Of America Price Performance

The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.23 and a current ratio of 3.34. The firm has a fifty day simple moving average of $60.77 and a 200 day simple moving average of $58.58. The company has a market capitalization of $929.84 million, a PE ratio of 17.28 and a beta of 0.77.

Key Stories Impacting Oil-Dri Corporation Of America

Here are the key news stories impacting Oil-Dri Corporation Of America this week:

• Positive Sentiment: Company reported the highest second‑quarter revenues on record, reinforcing demand in core product lines and supporting top‑line growth. Oil-Dri Announces Highest Second Quarter Revenues on Record
• Positive Sentiment: Management highlighted a strong cash position and operational resilience on the Q2 earnings call, which can support capital returns and give flexibility for reinvestment. Oil-Dri Corp of America (ODC) Q2 2026 Earnings Call Highlights
• Positive Sentiment: Board declared a quarterly cash dividend of $0.205 per share (annualized yield ~1.3%), payable May 22 (record May 8). This supports income investors and signals confidence in cash flow. Oil-Dri’s Board of Directors Declares Quarterly Dividends
• Neutral Sentiment: Full earnings call transcripts and summaries are available (Seeking Alpha, Yahoo, Motley Fool), giving investors transparency into management commentary and Q&A. Useful for due diligence but not immediately market‑moving by itself. Q2 2026 Earnings Call Transcript
• Negative Sentiment: Earnings per share fell to $0.87 for the quarter (revenue ~$117.7M) and are down sharply versus the prior-year quarter (previous comparable EPS notably higher), which likely pressured the stock despite revenue gains; investors will be focused on margin trends and whether the EPS decline is cyclical or structural. Q2 2026 Press Release / Financials

Insider Activity at Oil-Dri Corporation Of America

In related news, Director Paul Hindsley sold 6,000 shares of Oil-Dri Corporation Of America stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $63.90, for a total value of $383,400.00. Following the completion of the sale, the director directly owned 11,000 shares in the company, valued at $702,900. The trade was a 35.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Corporate insiders own 11.69% of the company’s stock.

Institutional Investors Weigh In On Oil-Dri Corporation Of America

A number of hedge funds and other institutional investors have recently bought and sold shares of ODC. Russell Investments Group Ltd. boosted its stake in Oil-Dri Corporation Of America by 57.4% in the second quarter. Russell Investments Group Ltd. now owns 502 shares of the specialty chemicals company’s stock valued at $30,000 after acquiring an additional 183 shares in the last quarter. Raymond James Financial Inc. acquired a new position in shares of Oil-Dri Corporation Of America during the second quarter worth $45,000. Ameritas Investment Partners Inc. lifted its holdings in shares of Oil-Dri Corporation Of America by 25.1% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 1,013 shares of the specialty chemicals company’s stock valued at $60,000 after purchasing an additional 203 shares during the last quarter. Legal & General Group Plc boosted its position in shares of Oil-Dri Corporation Of America by 20.1% in the 2nd quarter. Legal & General Group Plc now owns 1,062 shares of the specialty chemicals company’s stock worth $63,000 after purchasing an additional 178 shares in the last quarter. Finally, Copeland Capital Management LLC acquired a new stake in shares of Oil-Dri Corporation Of America in the 3rd quarter worth $67,000. Hedge funds and other institutional investors own 49.01% of the company’s stock.

About Oil-Dri Corporation Of America

Oil-Dri Corporation of America is a specialty materials company that develops, manufactures and markets sorbent and filtration products for industrial, environmental and consumer applications. Its flagship offerings include clay- and diatomaceous earth–based cat litters, calcium silicate absorbents for spill control and cleanup, and purification media designed to remove contaminants from petroleum, chemical and food-processing streams.

Founded in 1941 and headquartered in Chicago, Illinois, the company has evolved from a single-product operation into a diversified provider of mineral- and chemical-based solutions.