Donaldson Company, Inc. $DCI Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC lowered its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 2.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 303,816 shares of the industrial products company’s stock after selling 8,863 shares during the period. Confluence Investment Management LLC’s holdings in Donaldson were worth $24,867,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of DCI. Dudley & Shanley Inc. raised its stake in shares of Donaldson by 29.4% during the third quarter. Dudley & Shanley Inc. now owns 270,585 shares of the industrial products company’s stock valued at $22,147,000 after purchasing an additional 61,400 shares in the last quarter. Oak Thistle LLC bought a new position in Donaldson in the 3rd quarter valued at about $1,958,000. KFA Private Wealth Group LLC acquired a new position in Donaldson during the 3rd quarter valued at about $218,000. Aaron Wealth Advisors LLC bought a new stake in shares of Donaldson during the 3rd quarter worth about $820,000. Finally, GAMMA Investing LLC lifted its stake in shares of Donaldson by 15.2% in the 3rd quarter. GAMMA Investing LLC now owns 2,663 shares of the industrial products company’s stock worth $218,000 after acquiring an additional 351 shares during the period. Institutional investors own 82.81% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on DCI shares. Weiss Ratings reissued a “buy (b)” rating on shares of Donaldson in a report on Tuesday, October 14th. Morgan Stanley raised Donaldson from an “underweight” rating to an “equal weight” rating and boosted their price objective for the stock from $72.00 to $84.00 in a research note on Monday, November 24th. Robert W. Baird set a $100.00 price objective on Donaldson in a report on Friday, December 5th. Stifel Nicolaus raised their target price on Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research note on Friday, December 5th. Finally, Wall Street Zen upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $93.33.

Donaldson Stock Performance

DCI opened at $92.61 on Tuesday. The company has a quick ratio of 1.39, a current ratio of 2.15 and a debt-to-equity ratio of 0.44. The firm has a market cap of $10.68 billion, a PE ratio of 28.85, a P/E/G ratio of 2.29 and a beta of 0.99. The business has a fifty day simple moving average of $87.33 and a 200-day simple moving average of $79.29. Donaldson Company, Inc. has a fifty-two week low of $57.45 and a fifty-two week high of $95.00.

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

Donaldson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.20 dividend on an annualized basis and a yield of 1.3%. Donaldson’s dividend payout ratio is currently 37.38%.

Insider Activity

In related news, CFO Bradley J. Pogalz sold 566 shares of the firm’s stock in a transaction that occurred on Tuesday, December 9th. The shares were sold at an average price of $91.57, for a total value of $51,828.62. Following the completion of the transaction, the chief financial officer owned 434 shares of the company’s stock, valued at approximately $39,741.38. This trade represents a 56.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Ajita G. Rajendra sold 19,800 shares of Donaldson stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $92.04, for a total transaction of $1,822,392.00. Following the transaction, the director owned 43,993 shares in the company, valued at approximately $4,049,115.72. The trade was a 31.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.20% of the company’s stock.

Donaldson Company Profile

Donaldson Company, Inc (NYSE: DCI) is a global provider of filtration systems and replacement parts for a wide range of industries. The company develops and manufactures air, liquid and gas filtration solutions for engine and industrial applications, helping customers improve performance, lower emissions and extend equipment life. Donaldson’s product portfolio includes engine air intake filters, fuel filters, hydraulic filters, compressor filters, dust collection systems and gas turbine air intake systems.

Serving markets such as agriculture, construction, mining, power generation, aerospace and original equipment manufacturing, Donaldson operates through two primary business segments: Engine Products and Industrial Products.