Boston Trust Walden Corp Has $161.29 Million Position in Donaldson Company, Inc. $DCI

Boston Trust Walden Corp trimmed its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 20.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,900,416 shares of the industrial products company’s stock after selling 492,163 shares during the quarter. Donaldson accounts for 1.3% of Boston Trust Walden Corp’s portfolio, making the stock its 8th largest holding. Boston Trust Walden Corp’s holdings in Donaldson were worth $161,288,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. State Street Corp lifted its position 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 worth $362,132,000 after buying an additional 36,866 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Donaldson by 0.6% during 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 acquiring an additional 15,674 shares during the period. Morgan Stanley boosted its stake in shares of Donaldson by 1.9% in the 4th quarter. Morgan Stanley now owns 2,542,166 shares of the industrial products company’s stock valued at $225,389,000 after purchasing an additional 47,062 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Donaldson by 22.0% in the 4th 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 purchasing an additional 380,419 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of Donaldson by 0.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,010,010 shares of the industrial products company’s stock worth $178,224,000 after purchasing an additional 15,799 shares in the last quarter. 82.81% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Donaldson news, Director James Owens sold 13,753 shares of the stock in a transaction 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 in the company, valued at approximately $2,013,023.65. This trade represents a 37.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders have sold a total of 19,800 shares of company stock valued at $1,765,184 over the last ninety days. 2.20% of the stock is currently owned by corporate insiders.

Donaldson Stock Up 0.5%

Shares of Donaldson stock opened at $88.96 on Friday. The business has a fifty day simple moving average of $85.57 and a 200 day simple moving average of $91.35. The stock has a market cap of $10.31 billion, a PE ratio of 23.91, a price-to-earnings-growth ratio of 2.24 and a beta of 0.93. The company has a quick ratio of 1.55, a current ratio of 2.35 and a debt-to-equity ratio of 0.35. Donaldson Company, Inc. has a 12 month low of $69.03 and a 12 month 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, beating the consensus estimate 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 quarterly revenue was up 5.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.99 earnings per share. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Research analysts predict that Donaldson Company, Inc. will post 3.96 EPS for the current year.

Donaldson Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Investors of record on Monday, June 15th were issued a dividend of $0.32 per share. This is an increase from Donaldson’s previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Monday, June 15th. Donaldson’s dividend payout ratio is presently 34.41%.

Analysts Set New Price Targets

DCI has been the topic of a number of recent analyst reports. 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. Wells Fargo & Company set a $91.00 target price on Donaldson in a report on Thursday, June 4th. Robert W. Baird decreased their price target on Donaldson from $104.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Stifel Nicolaus dropped their price target on Donaldson from $96.00 to $91.00 and set a “hold” rating for the company in a report on Thursday, June 4th. Finally, Wall Street Zen cut Donaldson from a “buy” rating to a “hold” rating in a report on Tuesday. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Donaldson presently has an average rating of “Moderate Buy” and an average target price of $97.83.

About Donaldson

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.