California Public Employees Retirement System Has $22.20 Million Stock Holdings in Donaldson Company, Inc. $DCI

California Public Employees Retirement System grew its holdings in Donaldson Company, Inc. (NYSE:DCI) by 15.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 261,558 shares of the industrial products company’s stock after acquiring an additional 34,757 shares during the period. California Public Employees Retirement System’s holdings in Donaldson were worth $22,198,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. increased its position in Donaldson by 3,094.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 44,377 shares of the industrial products company’s stock worth $3,934,000 after buying an additional 42,988 shares during the last quarter. Artemis Investment Management LLP acquired a new stake in shares of Donaldson in the fourth quarter worth about $1,494,000. Robeco Institutional Asset Management B.V. acquired a new stake in shares of Donaldson in the fourth quarter worth about $17,105,000. AEGON ASSET MANAGEMENT UK Plc bought a new stake in shares of Donaldson during the 4th quarter worth about $2,004,000. Finally, Horizon Investments LLC bought a new stake in shares of Donaldson during the 4th quarter worth about $4,154,000. Institutional investors and hedge funds own 82.81% of the company’s stock.

Analyst Ratings Changes

DCI has been the topic of a number of recent analyst reports. Weiss Ratings raised Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. Robert W. Baird decreased their target price on Donaldson from $104.00 to $95.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. Stifel Nicolaus lowered their price target on Donaldson from $96.00 to $91.00 and set a “hold” rating on the stock in a report on Thursday, June 4th. Wells Fargo & Company set a $91.00 price target on shares of Donaldson in a research report on Thursday, June 4th. Finally, Wall Street Zen upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a research note on Sunday, July 12th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $97.83.

Donaldson Price Performance

NYSE DCI opened at $90.97 on Thursday. The stock has a 50-day simple moving average of $86.35 and a 200 day simple moving average of $91.21. Donaldson Company, Inc. has a twelve month low of $70.17 and a twelve month high of $112.84. The stock has a market capitalization of $10.54 billion, a PE ratio of 24.46, a P/E/G ratio of 2.28 and a beta of 0.93. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.55 and a current ratio of 2.35.

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

Donaldson Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were paid a $0.32 dividend. The ex-dividend date was Monday, June 15th. This is a positive change from Donaldson’s previous quarterly dividend of $0.30. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. Donaldson’s dividend payout ratio is 34.41%.

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.