Corient Private Wealth LLC Buys 9,650 Shares of Donaldson Company, Inc. $DCI

Corient Private Wealth LLC grew its stake in Donaldson Company, Inc. (NYSE:DCI) by 22.4% in the fourth quarter, HoldingsChannel.com reports. The fund owned 52,749 shares of the industrial products company’s stock after acquiring an additional 9,650 shares during the period. Corient Private Wealth LLC’s holdings in Donaldson were worth $4,696,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. State Street Corp lifted its holdings in shares of Donaldson by 0.7% during the 2nd quarter. State Street Corp now owns 5,221,808 shares of the industrial products company’s stock valued at $362,132,000 after purchasing an additional 36,866 shares in the last quarter. Geode Capital Management LLC lifted its stake in Donaldson by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 2,846,214 shares of the industrial products company’s stock valued at $252,386,000 after buying an additional 15,674 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Donaldson by 1.9% in the fourth quarter. Morgan Stanley now owns 2,542,166 shares of the industrial products company’s stock valued at $225,389,000 after buying an additional 47,062 shares during the period. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Donaldson by 22.0% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,109,595 shares of the industrial products company’s stock valued at $187,037,000 after buying an additional 380,419 shares during the period. Finally, Dimensional Fund Advisors LP increased its position in shares of Donaldson by 0.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,010,010 shares of the industrial products company’s stock worth $178,224,000 after acquiring an additional 15,799 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Donaldson

In related news, Director James Owens sold 13,753 shares of the firm’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $89.21, for a total transaction of $1,226,905.13. Following the sale, the director owned 22,565 shares of the company’s stock, valued at $2,013,023.65. This trade represents a 37.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last three months, insiders sold 19,800 shares of company stock valued at $1,765,184. 2.20% of the stock is currently owned by corporate insiders.

Donaldson Price Performance

NYSE:DCI opened at $88.56 on Friday. Donaldson Company, Inc. has a 52 week low of $68.96 and a 52 week high of $112.84. 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 firm’s 50-day simple moving average is $85.55 and its 200 day simple moving average is $91.44. The firm has a market cap of $10.26 billion, a price-to-earnings ratio of 23.81, a P/E/G ratio of 2.25 and a beta of 0.95.

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, 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 firm had revenue of $995.10 million during the quarter, compared to the consensus estimate of $973.65 million. During the same period in the prior year, the company posted $0.99 EPS. The company’s 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. As a group, sell-side analysts predict that Donaldson Company, Inc. will post 3.96 earnings per share for the current year.

Donaldson Increases Dividend

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

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Wall Street Zen raised shares of Donaldson from a “hold” rating to a “buy” rating in a research report on Monday, June 22nd. Robert W. Baird dropped their price target on Donaldson from $104.00 to $95.00 and set an “outperform” rating on the stock in a research note on Monday, March 30th. Weiss Ratings upgraded Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Wells Fargo & Company set a $91.00 price objective on Donaldson in a report on Thursday, June 4th. Finally, Stifel Nicolaus dropped their target price on Donaldson from $96.00 to $91.00 and set a “hold” rating on the stock in a research report on Thursday, June 4th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $97.83.

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.