Arbejdsmarkedets Tillaegspension Has $24.92 Million Stock Holdings in Donaldson Company, Inc. $DCI

Arbejdsmarkedets Tillaegspension grew its holdings in Donaldson Company, Inc. (NYSE:DCI) by 13.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 293,587 shares of the industrial products company’s stock after purchasing an additional 35,613 shares during the period. Arbejdsmarkedets Tillaegspension’s holdings in Donaldson were worth $24,917,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of DCI. Leonteq Securities AG bought a new stake in shares of Donaldson during the 4th quarter worth $40,000. Eagle Bay Advisors LLC acquired a new position in Donaldson during the fourth quarter worth about $45,000. Clearstead Advisors LLC raised its stake in Donaldson by 92.6% during the fourth quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 288 shares in the last quarter. Strive Financial Group LLC bought a new position in shares of Donaldson in the fourth quarter worth about $57,000. Finally, Sachetta LLC bought a new position in shares of Donaldson in the first quarter worth about $65,000. Institutional investors and hedge funds own 82.81% of the company’s stock.

Analyst Ratings Changes

DCI has been the topic of a number of research analyst reports. Robert W. Baird reduced their price target 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. Wall Street Zen raised shares of Donaldson from a “hold” rating to a “buy” rating in a research note on Sunday. Wells Fargo & Company set a $91.00 target price on shares of Donaldson in a research report on Thursday, June 4th. Weiss Ratings raised shares of Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. Finally, Stifel Nicolaus lowered their price target on shares of Donaldson from $96.00 to $91.00 and set a “hold” rating for the company in a report on Thursday, June 4th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $97.83.

Donaldson Stock Up 0.1%

Shares of NYSE DCI opened at $89.30 on Tuesday. The company has a 50 day simple moving average of $85.74 and a 200 day simple moving average of $91.23. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.35 and a quick ratio of 1.55. Donaldson Company, Inc. has a 1 year low of $69.03 and a 1 year high of $112.84. The firm has a market cap of $10.35 billion, a PE ratio of 24.00, a price-to-earnings-growth ratio of 2.26 and a beta of 0.93.

Donaldson (NYSE:DCI) last posted its earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.01. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. The firm had revenue of $995.10 million for the quarter, compared to analyst estimates of $973.65 million. During the same period in the previous year, the firm posted $0.99 EPS. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. On average, research analysts forecast that Donaldson Company, Inc. will post 3.96 EPS for the current year.

Donaldson Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were paid a $0.32 dividend. This is a positive change from Donaldson’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Monday, June 15th. Donaldson’s payout ratio is presently 34.41%.

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.