Donaldson (NYSE:DCI) CFO Sells $51,828.62 in Stock

Donaldson Company, Inc. (NYSE:DCI) CFO Bradley Pogalz sold 566 shares of the company’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $91.57, for a total transaction of $51,828.62. Following the sale, the chief financial officer owned 434 shares of the company’s stock, valued at $39,741.38. This represents a 56.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Donaldson Trading Up 2.2%

Donaldson stock traded up $2.01 during trading hours on Wednesday, reaching $92.17. The stock had a trading volume of 985,117 shares, compared to its average volume of 608,749. The company has a fifty day simple moving average of $85.52 and a 200-day simple moving average of $77.86. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $95.00. The stock has a market cap of $10.63 billion, a PE ratio of 28.71, a PEG ratio of 2.27 and a beta of 0.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.15 and a quick ratio of 1.39.

Donaldson (NYSE:DCI) last issued its quarterly earnings data on Thursday, December 4th. The industrial products company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.93 by $0.01. The firm had revenue of $935.40 million during the quarter, compared to the consensus estimate of $922.68 million. Donaldson had a net margin of 10.25% and a return on equity of 30.24%. The company’s quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.83 earnings per share. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. Analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 22nd. Stockholders of record on Friday, December 5th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, December 5th. Donaldson’s dividend payout ratio (DPR) is currently 37.38%.

Analyst Ratings Changes

DCI has been the subject of a number of recent analyst reports. Robert W. Baird set a $100.00 target price on Donaldson in a report on Friday, December 5th. Morgan Stanley raised shares of Donaldson from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $72.00 to $84.00 in a research report on Monday, November 24th. Wall Street Zen upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Stifel Nicolaus raised their target price on shares of Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a research report on Friday, December 5th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Donaldson in a research report on Tuesday, October 14th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $93.33.

Institutional Trading of Donaldson

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Kingstone Capital Partners Texas LLC bought a new position in shares of Donaldson in the 2nd quarter worth about $679,475,000. Kayne Anderson Rudnick Investment Management LLC grew its holdings in Donaldson by 75.3% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,330,602 shares of the industrial products company’s stock worth $223,350,000 after purchasing an additional 1,430,120 shares during the period. Victory Capital Management Inc. boosted its position in shares of Donaldson by 6,069.9% in 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 purchasing an additional 1,159,777 shares in the last quarter. Norges Bank purchased a new stake in shares of Donaldson in the 2nd quarter worth approximately $68,759,000. Finally, Fiduciary Management Inc. WI increased its position in Donaldson by 13.1% during the 1st quarter. Fiduciary Management Inc. WI now owns 2,499,756 shares of the industrial products company’s stock valued at $167,634,000 after buying an additional 290,477 shares in the last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

About Donaldson

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.