BI Asset Management Fondsmaeglerselskab A S Acquires 37,603 Shares of Donaldson Company, Inc. $DCI

BI Asset Management Fondsmaeglerselskab A S increased its stake in Donaldson Company, Inc. (NYSE:DCI) by 92.8% during the first quarter, according to its most recent filing with the SEC. The fund owned 78,124 shares of the industrial products company’s stock after buying an additional 37,603 shares during the quarter. BI Asset Management Fondsmaeglerselskab A S’s holdings in Donaldson were worth $6,630,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Leonteq Securities AG purchased a new stake in Donaldson during the fourth quarter worth about $40,000. Eagle Bay Advisors LLC purchased a new position in Donaldson in the fourth quarter valued at about $45,000. Clearstead Advisors LLC grew its position in shares of Donaldson by 92.6% during the 4th quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company’s stock valued at $53,000 after acquiring an additional 288 shares during the period. Strive Financial Group LLC bought a new position in shares of Donaldson during the 4th quarter valued at approximately $57,000. Finally, Steph & Co. increased its stake in shares of Donaldson by 76.4% during the 4th quarter. Steph & Co. now owns 944 shares of the industrial products company’s stock worth $84,000 after purchasing an additional 409 shares during the last quarter. Institutional investors own 82.81% of the company’s stock.

Insider Buying and Selling at Donaldson

In other news, Director James Owens sold 13,753 shares of Donaldson stock in a transaction 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 19,800 shares of company stock valued at $1,765,184 in the last three months. 2.20% of the stock is currently owned by insiders.

Donaldson Stock Performance

NYSE DCI opened at $85.59 on Monday. The firm has a market cap of $9.92 billion, a P/E ratio of 23.01, a price-to-earnings-growth ratio of 2.16 and a beta of 0.95. The company has a quick ratio of 1.55, a current ratio of 2.35 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is $85.76 and its 200-day moving average is $91.58. Donaldson Company, Inc. has a 12-month low of $67.71 and a 12-month high of $112.84.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Tuesday, June 2nd. The industrial products company reported $1.06 EPS for the quarter, topping the consensus estimate of $1.05 by $0.01. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. The company had revenue of $995.10 million during the quarter, compared to the consensus estimate of $973.65 million. During the same period last year, the firm earned $0.99 EPS. Donaldson’s revenue for the quarter was up 5.9% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Sell-side analysts predict 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. Stockholders of record on Monday, June 15th will be issued 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 dividend yield of 1.5%. Donaldson’s dividend payout ratio is 34.41%.

Analyst Upgrades and Downgrades

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

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.