Mairs & Power Inc. Has $49.56 Million Stock Position in Donaldson Company, Inc. $DCI

Mairs & Power Inc. reduced its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 27.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 605,439 shares of the industrial products company’s stock after selling 224,066 shares during the period. Mairs & Power Inc. owned about 0.52% of Donaldson worth $49,555,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in DCI. Victory Capital Management Inc. boosted its holdings 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 acquiring an additional 1,159,777 shares in the last quarter. Norges Bank acquired a new stake in Donaldson during the 2nd quarter valued at $68,759,000. Millennium Management LLC increased its holdings in Donaldson by 428.6% during the 1st quarter. Millennium Management LLC now owns 223,976 shares of the industrial products company’s stock valued at $15,020,000 after purchasing an additional 181,602 shares in the last quarter. Quantinno Capital Management LP raised its position in Donaldson by 137.7% in the 2nd quarter. Quantinno Capital Management LP now owns 246,419 shares of the industrial products company’s stock valued at $17,089,000 after purchasing an additional 142,750 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its position in Donaldson by 10.6% in the 3rd quarter. Bank of New York Mellon Corp now owns 1,283,326 shares of the industrial products company’s stock valued at $105,040,000 after purchasing an additional 123,000 shares during the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Donaldson Price Performance

Shares of DCI stock opened at $85.39 on Tuesday. The firm’s 50 day moving average price is $99.77 and its two-hundred day moving average price is $90.53. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.46 and a current ratio of 2.29. Donaldson Company, Inc. has a 52-week low of $57.45 and a 52-week high of $112.84. The stock has a market cap of $9.89 billion, a PE ratio of 26.68, a PEG ratio of 2.16 and a beta of 1.02.

Donaldson (NYSE:DCI) last released its earnings results on Thursday, February 26th. The industrial products company reported $0.83 earnings per share for the quarter, missing the consensus estimate of $0.90 by ($0.07). The company had revenue of $896.30 million during the quarter, compared to analyst estimates of $898.64 million. Donaldson had a net margin of 10.09% and a return on equity of 29.85%. The company’s quarterly revenue was up 3.0% compared to the same quarter last year. During the same period in the previous year, the company posted $0.83 EPS. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. As a group, analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were issued a dividend of $0.30 per share. The ex-dividend date was Thursday, February 12th. This represents a $1.20 dividend on an annualized basis and a yield of 1.4%. Donaldson’s payout ratio is currently 37.50%.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Weiss Ratings restated a “buy (b)” rating on shares of Donaldson in a report on Friday, January 9th. Morgan Stanley reduced their price target on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a research report on Monday, March 9th. UBS Group set a $96.00 price objective on shares of Donaldson in a report on Tuesday, February 24th. Jefferies Financial Group raised their price objective on shares of Donaldson to $123.00 and gave the company a “buy” rating in a research report on Monday, February 2nd. Finally, Robert W. Baird reduced their target price on shares of Donaldson from $110.00 to $104.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $102.00.

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.