BI Asset Management Fondsmaeglerselskab A S Makes New $3.59 Million Investment in Donaldson Company, Inc. $DCI

BI Asset Management Fondsmaeglerselskab A S acquired a new position in Donaldson Company, Inc. (NYSE:DCI) during the fourth quarter, Holdings Channel.com reports. The firm acquired 40,521 shares of the industrial products company’s stock, valued at approximately $3,593,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Leonteq Securities AG acquired a new position in Donaldson in the 4th quarter worth $40,000. Eagle Bay Advisors LLC acquired a new position in Donaldson in the 4th quarter worth $45,000. Clearstead Advisors LLC lifted its holdings in Donaldson by 92.6% in the 4th quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company’s stock worth $53,000 after buying an additional 288 shares in the last quarter. Steph & Co. lifted its holdings in Donaldson by 76.4% in the 4th quarter. Steph & Co. now owns 944 shares of the industrial products company’s stock worth $84,000 after buying an additional 409 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its holdings in Donaldson by 40.3% in the 3rd quarter. CENTRAL TRUST Co now owns 1,024 shares of the industrial products company’s stock worth $84,000 after buying an additional 294 shares in the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Insiders Place Their Bets

In related news, Director James Owens sold 13,753 shares of the stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $89.21, for a total transaction of $1,226,905.13. Following the sale, the director owned 22,565 shares in the company, valued at $2,013,023.65. This represents a 37.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold a total of 19,800 shares of company stock worth $1,765,184 in the last quarter. 2.20% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

DCI has been the topic of a number of recent analyst reports. Wall Street Zen upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a research note on Saturday. Robert W. Baird cut their target price on shares of Donaldson from $104.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday, March 30th. Morgan Stanley cut their target price on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a research note on Monday, March 9th. UBS Group set a $96.00 target price on shares of Donaldson in a research note on Tuesday, February 24th. Finally, Weiss Ratings upgraded shares of Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $97.83.

Donaldson Price Performance

DCI opened at $83.94 on Tuesday. The firm has a market cap of $9.73 billion, a price-to-earnings ratio of 22.56, a price-to-earnings-growth ratio of 2.11 and a beta of 0.95. Donaldson Company, Inc. has a fifty-two week low of $67.71 and a fifty-two week high of $112.84. The company’s 50-day moving average price is $85.70 and its 200 day moving average price is $91.75. The company has a quick ratio of 1.55, a current ratio of 2.35 and a debt-to-equity ratio of 0.35.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.01. The firm had revenue of $995.10 million for the quarter, compared to analyst estimates of $973.65 million. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. Donaldson’s quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.99 earnings per share. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. As a group, sell-side analysts expect that Donaldson Company, Inc. will post 3.97 earnings per share for the current year.

Donaldson Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.5%. This is a positive change from Donaldson’s previous quarterly dividend of $0.30. The ex-dividend date is Monday, June 15th. Donaldson’s dividend payout ratio (DPR) is currently 32.26%.

About Donaldson

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.