Teacher Retirement System of Texas Cuts Stake in Donaldson Company, Inc. $DCI

Teacher Retirement System of Texas lessened its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 8.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 94,834 shares of the industrial products company’s stock after selling 8,695 shares during the quarter. Teacher Retirement System of Texas owned about 0.08% of Donaldson worth $7,762,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Naples Global Advisors LLC raised its position in shares of Donaldson by 4.5% during the third quarter. Naples Global Advisors LLC now owns 22,994 shares of the industrial products company’s stock valued at $1,882,000 after buying an additional 994 shares during the last quarter. Avidian Wealth Enterprises LLC purchased a new position in Donaldson during the third quarter valued at $201,000. Universal Beteiligungs und Servicegesellschaft mbH grew its stake in Donaldson by 12.2% during the third quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 37,689 shares of the industrial products company’s stock valued at $3,085,000 after acquiring an additional 4,087 shares in the last quarter. Chicago Partners Investment Group LLC lifted its stake in Donaldson by 30.1% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 10,222 shares of the industrial products company’s stock worth $846,000 after purchasing an additional 2,362 shares in the last quarter. Finally, Seizert Capital Partners LLC lifted its stake in Donaldson by 1.2% in the 3rd quarter. Seizert Capital Partners LLC now owns 137,674 shares of the industrial products company’s stock worth $11,269,000 after purchasing an additional 1,653 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors.

Insider Transactions at Donaldson

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

Donaldson Price Performance

Shares of Donaldson stock opened at $100.83 on Monday. The stock has a market cap of $11.63 billion, a price-to-earnings ratio of 31.41, a price-to-earnings-growth ratio of 2.49 and a beta of 0.99. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.39 and a current ratio of 2.15. The stock has a 50 day moving average price of $92.33 and a 200-day moving average price of $83.54. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $103.78.

Donaldson (NYSE:DCI) last issued its quarterly 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. The company had revenue of $935.40 million during the quarter, compared to the consensus estimate of $922.68 million. Donaldson had a return on equity of 30.24% and a net margin of 10.25%.Donaldson’s revenue was up 3.9% on a year-over-year basis. During the same period last year, the company earned $0.83 earnings per share. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. Equities analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Friday, December 5th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Friday, December 5th. Donaldson’s dividend payout ratio (DPR) is 37.38%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DCI. Jefferies Financial Group raised Donaldson from a “hold” rating to a “buy” rating and lifted their target price for the stock from $92.00 to $120.00 in a report on Friday, January 9th. Robert W. Baird set a $100.00 price target on Donaldson in a report on Friday, December 5th. Stifel Nicolaus upped their price objective on Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a report on Friday, December 5th. Wall Street Zen upgraded Donaldson from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Finally, Morgan Stanley raised shares of Donaldson from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $72.00 to $84.00 in a research note on Monday, November 24th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $100.00.

Donaldson 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.