Ritholtz Wealth Management Boosts Position in Donaldson Company, Inc. $DCI

Ritholtz Wealth Management grew its position in Donaldson Company, Inc. (NYSE:DCI) by 230.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,750 shares of the industrial products company’s stock after buying an additional 6,106 shares during the quarter. Ritholtz Wealth Management’s holdings in Donaldson were worth $743,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in DCI. Blue Trust Inc. raised its position in Donaldson by 4.8% during the first quarter. Blue Trust Inc. now owns 2,925 shares of the industrial products company’s stock worth $248,000 after acquiring an additional 133 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its stake in shares of Donaldson by 20.1% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 4,510 shares of the industrial products company’s stock worth $383,000 after purchasing an additional 756 shares in the last quarter. CENTRAL TRUST Co increased its stake in shares of Donaldson by 30.7% during the 1st quarter. CENTRAL TRUST Co now owns 1,341 shares of the industrial products company’s stock worth $114,000 after purchasing an additional 315 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc raised its position in shares of Donaldson by 433.9% during the 1st quarter. AEGON ASSET MANAGEMENT UK Plc now owns 120,663 shares of the industrial products company’s stock worth $10,237,000 after purchasing an additional 98,063 shares during the last quarter. Finally, BI Asset Management Fondsmaeglerselskab A S lifted its stake in Donaldson by 92.8% in the 1st quarter. BI Asset Management Fondsmaeglerselskab A S now owns 78,124 shares of the industrial products company’s stock valued at $6,630,000 after buying an additional 37,603 shares in the last quarter. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Weiss Ratings raised Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 3rd. Wall Street Zen downgraded Donaldson from a “buy” rating to a “hold” rating in a research report on Tuesday. Robert W. Baird decreased their price objective on Donaldson from $104.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday, March 30th. Wells Fargo & Company set a $91.00 price objective on Donaldson in a research report on Thursday, June 4th. Finally, Morgan Stanley cut their target price on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating for the company in a research note on Monday, March 9th. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Donaldson has a consensus rating of “Moderate Buy” and an average price target of $97.83.

Donaldson Trading Down 0.3%

Shares of Donaldson stock opened at $88.30 on Tuesday. Donaldson Company, Inc. has a fifty-two week low of $68.96 and a fifty-two week high of $112.84. The firm has a market cap of $10.23 billion, a PE ratio of 23.74, a P/E/G ratio of 2.24 and a beta of 0.95. The business’s fifty day moving average is $85.57 and its two-hundred day moving average is $91.42. 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 earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 EPS for the quarter, beating the consensus estimate of $1.05 by $0.01. The firm 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 business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.99 earnings per share. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Analysts anticipate that Donaldson Company, Inc. will post 3.96 earnings per share for the current year.

Donaldson Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a $0.32 dividend. This is a boost from Donaldson’s previous quarterly dividend of $0.30. The ex-dividend date is Monday, June 15th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. Donaldson’s dividend payout ratio (DPR) is 34.41%.

Insider Activity

In other news, Director James Owens sold 13,753 shares of the business’s stock in a transaction on 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 sale, the director directly owned 22,565 shares of the company’s stock, valued at $2,013,023.65. The trade was a 37.87% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last three months, insiders have sold 19,800 shares of company stock worth $1,765,184. 2.20% of the stock is owned by insiders.

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.