Donaldson Company, Inc. $DCI Shares Purchased by AEGON ASSET MANAGEMENT UK Plc

AEGON ASSET MANAGEMENT UK Plc raised its stake in Donaldson Company, Inc. (NYSE:DCI) by 433.9% during the 1st quarter, HoldingsChannel reports. The firm owned 120,663 shares of the industrial products company’s stock after acquiring an additional 98,063 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc’s holdings in Donaldson were worth $10,237,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. William Blair Investment Management LLC boosted its stake in shares of Donaldson by 26,235.7% in the fourth quarter. William Blair Investment Management LLC now owns 1,707,872 shares of the industrial products company’s stock valued at $151,420,000 after purchasing an additional 1,701,387 shares during the period. Norges Bank purchased a new stake in Donaldson during the 4th quarter worth $120,186,000. Victory Capital Management Inc. increased its stake in Donaldson by 6,069.9% during the 3rd quarter. Victory Capital Management Inc. now owns 1,178,884 shares of the industrial products company’s stock worth $96,492,000 after buying an additional 1,159,777 shares during the period. Fuller & Thaler Asset Management Inc. increased its stake in Donaldson by 22.0% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 2,109,595 shares of the industrial products company’s stock worth $187,037,000 after buying an additional 380,419 shares during the period. Finally, Arbejdsmarkedets Tillaegspension acquired a new position in Donaldson in the 4th quarter worth $22,872,000. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Stock Performance

Shares of DCI stock opened at $85.59 on Friday. The stock has a market capitalization of $9.92 billion, a price-to-earnings ratio of 23.01, a PEG ratio of 2.16 and a beta of 0.95. Donaldson Company, Inc. has a one year low of $67.71 and a one year high of $112.84. The company’s 50-day simple moving average is $85.76 and its 200-day simple moving average is $91.55. 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 announced its quarterly earnings data on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share for the quarter, beating the consensus estimate of $1.05 by $0.01. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.The firm had revenue of $995.10 million during the quarter, compared to analyst estimates of $973.65 million. During the same period in the previous year, the company earned $0.99 earnings per share. Donaldson’s quarterly revenue was up 5.9% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Equities analysts anticipate that Donaldson Company, Inc. will post 3.96 earnings per share for the current fiscal year.

Donaldson Increases Dividend

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

Insider Buying and Selling at Donaldson

In other news, Director James Owens sold 13,753 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $89.21, for a total value of $1,226,905.13. Following the completion of the sale, the director directly owned 22,565 shares in the company, valued at approximately $2,013,023.65. The trade was a 37.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders sold 19,800 shares of company stock valued at $1,765,184. 2.20% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Stifel Nicolaus lowered their target price on Donaldson from $96.00 to $91.00 and set a “hold” rating for the company in a research note on Thursday, June 4th. Weiss Ratings upgraded Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. Wall Street Zen cut Donaldson from a “buy” rating to a “hold” rating in a research note on Sunday, June 14th. Robert W. Baird reduced their price target on Donaldson from $104.00 to $95.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Finally, UBS Group set a $96.00 price objective on Donaldson in a research note on Tuesday, February 24th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price 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.