Arrowstreet Capital Limited Partnership Buys 52,252 Shares of Donaldson Company, Inc. $DCI

Arrowstreet Capital Limited Partnership raised its stake in Donaldson Company, Inc. (NYSE:DCI) by 8.8% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 644,371 shares of the industrial products company’s stock after purchasing an additional 52,252 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Donaldson were worth $44,687,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Hantz Financial Services Inc. raised its holdings in Donaldson by 5,112.5% during the 2nd quarter. Hantz Financial Services Inc. now owns 417 shares of the industrial products company’s stock valued at $29,000 after buying an additional 409 shares during the last quarter. NewSquare Capital LLC bought a new stake in Donaldson in the 2nd quarter worth $34,000. Brooklyn Investment Group increased its position in shares of Donaldson by 113.9% in the first quarter. Brooklyn Investment Group now owns 601 shares of the industrial products company’s stock valued at $40,000 after acquiring an additional 320 shares during the period. Hoese & Co LLP increased its position in shares of Donaldson by 266.7% in the second quarter. Hoese & Co LLP now owns 660 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 480 shares during the period. Finally, Steph & Co. bought a new position in shares of Donaldson during the second quarter valued at about $46,000. Institutional investors own 82.81% of the company’s stock.

Donaldson Price Performance

Shares of DCI opened at $92.49 on Friday. Donaldson Company, Inc. has a fifty-two week low of $57.45 and a fifty-two week high of $95.00. The firm’s 50-day simple moving average is $85.15 and its two-hundred day simple moving average is $77.43. The stock has a market cap of $10.71 billion, a PE ratio of 28.81, a price-to-earnings-growth ratio of 2.34 and a beta of 0.99. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.25 and a current ratio of 2.15.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Thursday, December 4th. The industrial products company reported $0.94 EPS for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. The firm had revenue of $935.40 million for the quarter, compared to analysts’ expectations of $922.68 million. Donaldson had a return on equity of 30.24% and a net margin of 10.25%.The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.83 EPS. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. Analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, December 22nd. Stockholders of record on Friday, December 5th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, December 5th. Donaldson’s dividend payout ratio is currently 39.34%.

Analyst Ratings Changes

DCI has been the topic of several recent analyst reports. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Weiss Ratings reiterated a “buy (b)” rating on shares of Donaldson in a report on Tuesday, October 14th. Stifel Nicolaus lifted their price objective on Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a research report on Friday. Morgan Stanley upgraded Donaldson from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $72.00 to $84.00 in a report on Monday, November 24th. Finally, Robert W. Baird set a $100.00 price target on Donaldson in a research note on Friday. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, Donaldson has an average rating of “Moderate Buy” and a consensus target price of $93.33.

Donaldson Company Profile

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.