Diversified Trust Co Boosts Stock Holdings in Donaldson Company, Inc. $DCI

Diversified Trust Co raised its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 286.3% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,256 shares of the industrial products company’s stock after acquiring an additional 6,860 shares during the quarter. Diversified Trust Co’s holdings in Donaldson were worth $786,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. JPMorgan Chase & Co. raised its position in shares of Donaldson by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 490,001 shares of the industrial products company’s stock valued at $40,108,000 after buying an additional 25,156 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Donaldson by 3,094.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 44,377 shares of the industrial products company’s stock worth $3,934,000 after acquiring an additional 42,988 shares during the last quarter. Artemis Investment Management LLP acquired a new position in Donaldson during the fourth quarter worth about $1,494,000. Dimensional Fund Advisors LP grew its stake in Donaldson by 1.0% during the 3rd quarter. Dimensional Fund Advisors LP now owns 1,994,211 shares of the industrial products company’s stock valued at $163,218,000 after acquiring an additional 20,478 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. purchased a new stake in Donaldson during the 4th quarter valued at about $17,105,000. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Donaldson Trading Up 1.7%

DCI opened at $86.07 on Thursday. Donaldson Company, Inc. has a one year low of $68.80 and a one year high of $112.84. The stock has a market capitalization of $9.98 billion, a PE ratio of 23.14, a P/E/G ratio of 2.14 and a beta of 0.95. The business’s 50 day moving average price is $85.55 and its 200 day moving average price is $91.48. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.55 and a current ratio of 2.35.

Donaldson (NYSE:DCI) last issued 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 company had revenue of $995.10 million during the quarter, compared to analyst estimates of $973.65 million. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.The firm’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.99 earnings per share. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. As a group, equities research analysts expect that Donaldson Company, Inc. will post 3.96 EPS for the current year.

Donaldson Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be given a $0.32 dividend. The ex-dividend date of this dividend is Monday, June 15th. This is an increase from Donaldson’s previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. Donaldson’s dividend payout ratio is currently 34.41%.

Insider Buying and Selling

In other Donaldson 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 completion of the transaction, the director owned 22,565 shares of the company’s stock, valued at $2,013,023.65. This trade represents a 37.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have sold a total of 19,800 shares of company stock valued at $1,765,184 over the last 90 days. Corporate insiders own 2.20% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on DCI shares. Robert W. Baird decreased 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. Weiss Ratings upgraded Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 3rd. Wells Fargo & Company set a $91.00 price target on Donaldson in a report on Thursday, June 4th. Wall Street Zen upgraded Donaldson from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Morgan Stanley lowered their price objective on Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a research note on Monday, March 9th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $97.83.

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.