Donaldson Company, Inc. $DCI Position Increased by Arjuna Capital

Arjuna Capital boosted its holdings in Donaldson Company, Inc. (NYSE:DCI) by 38.9% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 41,600 shares of the industrial products company’s stock after buying an additional 11,655 shares during the quarter. Donaldson accounts for 0.9% of Arjuna Capital’s holdings, making the stock its 28th largest position. Arjuna Capital’s holdings in Donaldson were worth $3,531,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Leonteq Securities AG acquired a new position in shares of Donaldson in the 4th quarter valued at $40,000. Eagle Bay Advisors LLC acquired a new stake in Donaldson during the 4th quarter worth about $45,000. Clearstead Advisors LLC lifted 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 valued at $53,000 after buying an additional 288 shares in the last quarter. Strive Financial Group LLC purchased a new stake in Donaldson during the fourth quarter valued at about $57,000. Finally, Sachetta LLC acquired 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.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on DCI shares. Wall Street Zen upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Stifel Nicolaus lowered their price objective on shares of Donaldson from $96.00 to $91.00 and set a “hold” rating on the stock in a research report on Thursday, June 4th. Wells Fargo & Company set a $91.00 target price on shares of Donaldson in a research note on Thursday, June 4th. Weiss Ratings upgraded Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Finally, Robert W. Baird decreased their target price on Donaldson from $104.00 to $95.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $97.83.

Donaldson Stock Performance

Shares of DCI stock opened at $90.27 on Friday. Donaldson Company, Inc. has a fifty-two week low of $69.58 and a fifty-two week high of $112.84. The stock’s 50-day moving average is $86.03 and its two-hundred day moving average is $91.18. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.35 and a quick ratio of 1.55. The firm has a market cap of $10.46 billion, a P/E ratio of 24.27, a PEG ratio of 2.28 and a beta of 0.93.

Donaldson (NYSE:DCI) last announced its quarterly earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.01. The business 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 was up 5.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.99 EPS. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Analysts predict that Donaldson Company, Inc. will post 3.96 earnings per share for the current fiscal year.

Donaldson Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th were paid a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. This is a boost from Donaldson’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, June 15th. Donaldson’s dividend 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.