Royce & Associates Cuts Stake in Oil-Dri Corporation

Institutional investor reduces holdings in specialty chemicals company by over 70%

Published on Mar. 5, 2026

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Royce & Associates LP, an institutional investor, has reduced its holdings in Oil-Dri Corporation Of America (NYSE:ODC) by 71.8% during the third quarter, according to a recent SEC filing. The firm now owns 95,700 shares of the specialty chemicals company's stock, down from 339,000 shares previously.

Why it matters

This significant reduction in Royce & Associates' stake in Oil-Dri Corporation suggests a shift in the institutional investor's outlook on the specialty chemicals company. The move could signal broader market trends or changes in Royce & Associates' investment strategy.

The details

According to the SEC filing, Royce & Associates sold 243,300 shares of Oil-Dri Corporation during the third quarter, leaving the firm with a 0.65% ownership stake in the company valued at $5.8 million. The filing did not provide specific reasons for the reduction in holdings.

  • Royce & Associates reduced its stake in Oil-Dri Corporation during the third quarter of the year.

The players

Royce & Associates LP

An institutional investment firm that has reduced its holdings in Oil-Dri Corporation Of America.

Oil-Dri Corporation Of America

A specialty chemicals company that produces sorbent and filtration products for industrial, environmental and consumer applications.

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The takeaway

This reduction in Royce & Associates' stake in Oil-Dri Corporation could signal a shift in the institutional investor's outlook on the specialty chemicals company, though the specific reasons are unclear. The move may reflect broader market trends or changes in Royce & Associates' investment strategy.