<div id="readability-page-1"><p>Oil-Dri Corporation Of America (NYSE:ODC - Get Free Report) issued its earnings results on Monday. The specialty chemicals company reported $1.06 earnings per share (EPS) for the quarter, Zacks reports. Oil-Dri Corporation Of America had a net margin of 11.12% and a return on equity of 22.36%.</p><h2>Oil-Dri Corporation Of America Stock Down 1.3%</h2><ul><li>Microcap Oil-Dri Corporation Is A Buy For Income Investors</li></ul><p>ODC stock traded down $0.70 on Monday, hitting $52.89. 85,490 shares of the company's stock were exchanged, compared to its average volume of 53,252. The firm has a 50 day moving average price of $57.44 and a two-hundred day moving average price of $58.29. Oil-Dri Corporation Of America has a 12-month low of $33.55 and a 12-month high of $69.75. The stock has a market cap of $774.35 million, a P/E ratio of 14.28 and a beta of 0.75. The company has a debt-to-equity ratio of 0.15, a quick ratio of 1.82 and a current ratio of 2.56. </p><h2>Oil-Dri Corporation Of America Dividend Announcement</h2><p>The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Friday, November 7th were given a $0.18 dividend. The ex-dividend date of this dividend was Friday, November 7th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 1.4%. Oil-Dri Corporation Of America's dividend payout ratio (DPR) is presently 19.46%. </p><h2>Insider Transactions at Oil-Dri Corporation Of America</h2><ul><li>Pay Attention To Microcap Oil-Dri Corporation </li></ul><p>In related news, VP Laura G. Scheland sold 850 shares of the stock in a transaction that occurred on Wednesday, October 22nd. The shares were sold at an average price of $60.30, for a total value of $51,255.00. Following the completion of the transaction, the vice president directly owned 39,900 shares of the company's stock, valued at $2,405,970. This trade represents a 2.09% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Walter Wade Robey sold 4,025 shares of Oil-Dri Corporation Of America stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $59.18, for a total transaction of $238,199.50. Following the completion of the sale, the vice president owned 25,000 shares of the company's stock, valued at $1,479,500. This trade represents a 13.87% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own  11.69% of the company's stock. </p><h2>Institutional Inflows and Outflows</h2><p>A number of hedge funds and other institutional investors have recently made changes to their positions in ODC. Russell Investments Group Ltd. lifted its stake in shares of  Oil-Dri Corporation Of America by 57.4% during the second quarter. Russell Investments Group Ltd. now owns 502 shares of the specialty chemicals company's stock worth $30,000 after buying an additional 183 shares during the period.  Raymond James Financial Inc. purchased a new position in  Oil-Dri Corporation Of America in the 2nd quarter worth $45,000.  Legal &amp; General Group Plc raised its stake in  Oil-Dri Corporation Of America by 20.1% in the 2nd quarter. Legal &amp; General Group Plc now owns 1,062 shares of the specialty chemicals company's stock worth $63,000 after acquiring an additional 178 shares during the last quarter.  CANADA LIFE ASSURANCE Co acquired a new stake in  Oil-Dri Corporation Of America during the 3rd quarter worth about $96,000.  Finally, Virtus Advisers LLC purchased a new stake in  Oil-Dri Corporation Of America during the 3rd quarter valued at about $165,000. Hedge funds and other institutional investors own  49.01% of the company's stock. </p><h2>Analyst Ratings Changes</h2><ul><li>Can High Yield Oil-Dri Shake Off Its Inflation Woes?</li></ul><p>Several brokerages have recently weighed in on ODC. Weiss Ratings  reaffirmed a &#34;buy (b)&#34; rating on shares of Oil-Dri Corporation Of America in a research report on Monday, December 1st. Wall Street Zen raised shares of Oil-Dri Corporation Of America from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a research note on Saturday, October 11th. One research analyst  has rated the stock with a Buy rating,  According to data from MarketBeat.com, the company currently has a consensus rating of &#34;Buy&#34;.</p><p><b>Get Our Latest Report on ODC</b></p><h2>Oil-Dri Corporation Of America Company Profile</h2> (Get Free Report)<p>Oil-Dri Corporation of America is a manufacturer and supplier of specialty sorbent products for the pet care, animal health and nutrition, fluids purification, agricultural ingredients, sports field, industrial and automotive markets.  It operates through the Business to Business Products Group and Retail and Wholesale Products Group segments.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Oil-Dri Corporation Of America</li><li>2 Fintech Stocks to Buy Now and 1 to Avoid</li><li>ChargePoint's Comeback Story: Why This EV Stock Is Charging Up Again</li><li>Dividend King Proctor &amp; Gamble Is A Buy On Post-Earnings Weakness </li><li>5 Tech Stocks Insiders Are Selling (But Smart Investors Are Loading Up)</li><li>The Risks of Owning Bonds</li><li>Why FuelCell Energy Stock Is Soaring After a Government Deal</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9EQw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU9EQw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Oil-Dri Corporation Of America Right Now?</h2><p>Before you consider Oil-Dri Corporation Of America, you'll want to hear this.</p><p>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 Corporation Of America wasn't on the list.</p><p>While Oil-Dri Corporation Of America currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Oil-Dri Corporation Of America reported quarterly earnings of $1.06 per share, with a return on equity of 22.36% and a net margin of 11.12%. The stock fell 1.3% to $52.89. The company announced a quarterly dividend of $0.18, yielding 1.4% annually. Insider transactions included sales by VPs Laura G. Scheland and Walter Wade Robey. Institutional investors own 49.01% of the stock. Analysts maintain a "Buy" rating for ODC.</p>

Oil-Dri Corporation Of America (NYSE:ODC) Issues Earnings Results