Donaldson Company, Inc. $DCI Shares Acquired by Advisors Asset Management Inc.

Advisors Asset Management Inc. increased its stake in Donaldson Company, Inc. (NYSE:DCI) by 25.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,768 shares of the industrial products company’s stock after acquiring an additional 980 shares during the period. Advisors Asset Management Inc.’s holdings in Donaldson were worth $320,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of DCI. Ameriprise Financial Inc. raised its stake in shares of Donaldson by 20.1% in the fourth quarter. Ameriprise Financial Inc. now owns 305,563 shares of the industrial products company’s stock valued at $20,580,000 after acquiring an additional 51,062 shares in the last quarter. Captrust Financial Advisors purchased a new position in Donaldson in the fourth quarter valued at $398,000. Cetera Investment Advisers increased its holdings in Donaldson by 4.9% in the fourth quarter. Cetera Investment Advisers now owns 10,635 shares of the industrial products company’s stock valued at $716,000 after buying an additional 499 shares during the last quarter. Deutsche Bank AG increased its holdings in Donaldson by 15.5% in the fourth quarter. Deutsche Bank AG now owns 12,967 shares of the industrial products company’s stock valued at $873,000 after buying an additional 1,740 shares during the last quarter. Finally, Jefferies Financial Group Inc. purchased a new position in Donaldson in the fourth quarter valued at $719,000. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Amy C. Becker sold 18,500 shares of the firm’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $81.71, for a total transaction of $1,511,635.00. Following the transaction, the insider owned 44,645 shares of the company’s stock, valued at $3,647,942.95. This trade represents a 29.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Trudy A. Rautio sold 31,900 shares of the firm’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $79.96, for a total value of $2,550,724.00. Following the transaction, the director directly owned 29,330 shares in the company, valued at approximately $2,345,226.80. This represents a 52.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 63,900 shares of company stock valued at $5,129,264 over the last quarter. 2.70% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on DCI shares. Robert W. Baird increased their target price on Donaldson from $78.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Morgan Stanley increased their target price on Donaldson from $69.00 to $72.00 and gave the company an “underweight” rating in a report on Tuesday, September 2nd. Wall Street Zen lowered Donaldson from a “buy” rating to a “hold” rating in a report on Saturday, July 5th. Finally, Stifel Nicolaus increased their target price on Donaldson from $69.00 to $84.00 and gave the company a “hold” rating in a report on Thursday, August 28th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $80.33.

Donaldson Stock Up 1.8%

DCI opened at $81.60 on Friday. The business’s 50-day simple moving average is $74.23 and its 200-day simple moving average is $69.86. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.25 and a current ratio of 1.93. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $83.31. The stock has a market capitalization of $9.51 billion, a P/E ratio of 26.75, a price-to-earnings-growth ratio of 1.90 and a beta of 1.01.

Donaldson (NYSE:DCI) last posted its earnings results on Wednesday, August 27th. The industrial products company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.01. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The business had revenue of $980.70 million for the quarter, compared to analysts’ expectations of $951.59 million. During the same quarter in the previous year, the firm earned $0.94 earnings per share. The business’s revenue was up 4.8% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. Analysts anticipate that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Tuesday, August 12th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. Donaldson’s dividend payout ratio (DPR) is currently 39.34%.

About Donaldson

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.