Burney Co. Has $1.46 Million Holdings in Donaldson Company, Inc. $DCI

Burney Co. raised its position in Donaldson Company, Inc. (NYSE:DCI) by 73.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,219 shares of the industrial products company’s stock after purchasing an additional 7,300 shares during the quarter. Burney Co.’s holdings in Donaldson were worth $1,461,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Verdence Capital Advisors LLC raised its position in Donaldson by 1.2% in the 4th quarter. Verdence Capital Advisors LLC now owns 8,603 shares of the industrial products company’s stock valued at $763,000 after buying an additional 101 shares during the last quarter. TIAA Trust National Association boosted its holdings in Donaldson by 2.0% during the fourth quarter. TIAA Trust National Association now owns 5,589 shares of the industrial products company’s stock worth $496,000 after purchasing an additional 108 shares during the last quarter. Perigon Wealth Management LLC grew its position in Donaldson by 3.6% in the fourth quarter. Perigon Wealth Management LLC now owns 3,440 shares of the industrial products company’s stock valued at $305,000 after purchasing an additional 118 shares in the last quarter. Signaturefd LLC increased its stake in Donaldson by 9.6% in the 4th quarter. Signaturefd LLC now owns 1,403 shares of the industrial products company’s stock valued at $124,000 after buying an additional 123 shares during the last quarter. Finally, HB Wealth Management LLC lifted its position in Donaldson by 3.8% during the 1st quarter. HB Wealth Management LLC now owns 3,502 shares of the industrial products company’s stock worth $297,000 after buying an additional 129 shares in the last quarter. 82.81% of the stock is owned by institutional investors and hedge funds.

Donaldson Stock Performance

Shares of NYSE DCI opened at $87.66 on Thursday. The company has a current ratio of 2.35, a quick ratio of 1.55 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $10.16 billion, a P/E ratio of 23.56, a P/E/G ratio of 2.26 and a beta of 0.93. Donaldson Company, Inc. has a 12 month low of $69.03 and a 12 month high of $112.84. The stock has a 50 day moving average of $85.66 and a 200-day moving average of $91.29.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.01. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.The business had revenue of $995.10 million for the quarter, compared to analysts’ expectations of $973.65 million. During the same quarter in the prior year, the business earned $0.99 EPS. The firm’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. As a group, equities research analysts predict that Donaldson Company, Inc. will post 3.96 EPS for the current year.

Donaldson Increases Dividend

The business also recently declared 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 an increase from Donaldson’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, June 15th. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. Donaldson’s dividend payout ratio (DPR) is currently 34.41%.

Insiders Place Their Bets

In other Donaldson news, Director James Owens sold 13,753 shares of the firm’s stock in a transaction that occurred 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 in the company, valued at $2,013,023.65. This trade represents a 37.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Over the last quarter, insiders have sold 19,800 shares of company stock valued at $1,765,184. 2.20% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

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

Donaldson Company 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.