Elo Mutual Pension Insurance Co Acquires 5,713 Shares of Donaldson Company, Inc. $DCI

Elo Mutual Pension Insurance Co lifted its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 29.2% in the third quarter, HoldingsChannel.com reports. The fund owned 25,246 shares of the industrial products company’s stock after acquiring an additional 5,713 shares during the period. Elo Mutual Pension Insurance Co’s holdings in Donaldson were worth $2,066,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. True Wealth Design LLC increased its position in shares of Donaldson by 203.7% during the 3rd quarter. True Wealth Design LLC now owns 325 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 218 shares during the last quarter. SJS Investment Consulting Inc. increased its holdings in Donaldson by 3,680.0% during the third quarter. SJS Investment Consulting Inc. now owns 378 shares of the industrial products company’s stock worth $31,000 after buying an additional 368 shares during the last quarter. Hantz Financial Services Inc. raised its position in Donaldson by 5,112.5% in the second quarter. Hantz Financial Services Inc. now owns 417 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 409 shares during the period. NewSquare Capital LLC purchased a new position in Donaldson in the second quarter valued at about $34,000. Finally, Employees Retirement System of Texas bought a new position in shares of Donaldson during the 2nd quarter valued at approximately $68,000. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Donaldson Stock Up 0.4%

DCI stock opened at $93.35 on Thursday. The stock has a 50-day simple moving average of $100.13 and a two-hundred day simple moving average of $89.77. Donaldson Company, Inc. has a twelve month low of $57.45 and a twelve month high of $112.84. The firm has a market capitalization of $10.81 billion, a PE ratio of 29.17, a PEG ratio of 2.34 and a beta of 1.02. The company has a quick ratio of 1.46, a current ratio of 2.29 and a debt-to-equity ratio of 0.43.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Thursday, February 26th. The industrial products company reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.07). The firm had revenue of $896.30 million during the quarter, compared to the consensus estimate of $898.64 million. Donaldson had a net margin of 10.09% and a return on equity of 29.85%. Donaldson’s revenue was up 3.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.83 earnings per share. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. On average, equities analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Thursday, February 12th. Donaldson’s payout ratio is 37.50%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on DCI. Jefferies Financial Group increased their price objective on Donaldson to $123.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Donaldson in a report on Friday, January 9th. Robert W. Baird cut their target price on shares of Donaldson from $110.00 to $104.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Stifel Nicolaus boosted their price target on shares of Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research report on Friday, December 5th. Finally, Morgan Stanley upgraded 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 analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $100.60.

Insider Buying and Selling at Donaldson

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

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.