Donaldson Company, Inc. $DCI Shares Bought by Diversified Trust Co

Diversified Trust Co raised its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 286.3% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 9,256 shares of the industrial products company’s stock after buying an additional 6,860 shares during the period. Diversified Trust Co’s holdings in Donaldson were worth $786,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Verdence Capital Advisors LLC lifted its stake in Donaldson by 1.2% during the 4th quarter. Verdence Capital Advisors LLC now owns 8,603 shares of the industrial products company’s stock worth $763,000 after acquiring an additional 101 shares in the last quarter. TIAA Trust National Association grew its position in Donaldson by 2.0% in the 4th quarter. TIAA Trust National Association now owns 5,589 shares of the industrial products company’s stock valued at $496,000 after acquiring an additional 108 shares in the last quarter. Perigon Wealth Management LLC grew its position in Donaldson by 3.6% in the 4th quarter. Perigon Wealth Management LLC now owns 3,440 shares of the industrial products company’s stock valued at $305,000 after acquiring an additional 118 shares in the last quarter. Signaturefd LLC increased its stake in Donaldson by 9.6% during the fourth quarter. Signaturefd LLC now owns 1,403 shares of the industrial products company’s stock worth $124,000 after purchasing an additional 123 shares during the period. Finally, Quadrant Capital Group LLC lifted its position in shares of Donaldson by 2.4% during the fourth quarter. Quadrant Capital Group LLC now owns 5,645 shares of the industrial products company’s stock worth $500,000 after purchasing an additional 132 shares in the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Analysts Set New Price Targets

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

Donaldson Stock Performance

Shares of DCI opened at $86.07 on Thursday. The stock has a 50-day simple moving average of $85.55 and a 200-day simple moving average of $91.48. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.55 and a current ratio of 2.35. The stock has a market capitalization of $9.98 billion, a PE ratio of 23.14, a PEG ratio of 2.14 and a beta of 0.95. Donaldson Company, Inc. has a 1 year low of $68.80 and a 1 year high of $112.84.

Donaldson (NYSE:DCI) last released its earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.01. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. The firm had revenue of $995.10 million for the quarter, compared to analyst estimates of $973.65 million. During the same period in the prior year, the firm earned $0.99 earnings per share. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. On average, analysts predict that Donaldson Company, Inc. will post 3.96 earnings per share for the current fiscal year.

Donaldson Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Shareholders of record on Monday, June 15th will be issued a dividend of $0.32 per share. This is a boost from Donaldson’s previous quarterly dividend of $0.30. The ex-dividend date is Monday, June 15th. This represents a $1.28 annualized dividend and a yield of 1.5%. Donaldson’s dividend payout ratio (DPR) is presently 34.41%.

Insider Activity at Donaldson

In other Donaldson news, Director James Owens sold 13,753 shares of the stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $89.21, for a total value of $1,226,905.13. Following the sale, the director directly owned 22,565 shares of the company’s stock, valued at approximately $2,013,023.65. This represents a 37.87% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Over the last quarter, insiders have sold 19,800 shares of company stock valued at $1,765,184. Corporate insiders own 2.20% of the company’s stock.

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.