Livforsakringsbolaget Skandia Omsesidigt Buys Shares of 7,500 Donaldson Company, Inc. $DCI

Livforsakringsbolaget Skandia Omsesidigt bought a new stake in shares of Donaldson Company, Inc. (NYSE:DCI) in the 4th quarter, HoldingsChannel reports. The firm bought 7,500 shares of the industrial products company’s stock, valued at approximately $664,000.

Several other hedge funds have also bought and sold shares of DCI. William Blair Investment Management LLC lifted its position in Donaldson by 26,235.7% during the fourth quarter. William Blair Investment Management LLC now owns 1,707,872 shares of the industrial products company’s stock valued at $151,420,000 after purchasing an additional 1,701,387 shares during the last quarter. Norges Bank bought a new stake in Donaldson during the fourth quarter valued at approximately $120,186,000. Victory Capital Management Inc. lifted 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 during the last quarter. Arbejdsmarkedets Tillaegspension bought a new stake in shares of Donaldson in the 4th quarter worth approximately $22,872,000. Finally, Robeco Institutional Asset Management B.V. bought a new stake in shares of Donaldson in the 4th quarter worth approximately $17,105,000. 82.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling

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

Donaldson Trading Down 0.4%

NYSE:DCI opened at $83.72 on Friday. The company has a fifty day moving average of $85.71 and a 200 day moving average of $91.71. Donaldson Company, Inc. has a 52 week low of $67.71 and a 52 week high of $112.84. The company has a quick ratio of 1.46, a current ratio of 2.35 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $9.70 billion, a P/E ratio of 22.50, a P/E/G ratio of 2.12 and a beta of 0.95.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 EPS for the quarter, beating 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 company had revenue of $995.10 million during the quarter, compared to analyst estimates of $973.65 million. During the same period in the prior year, the business posted $0.99 EPS. The firm’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. On average, research analysts predict that Donaldson Company, Inc. will post 3.97 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. Investors of record on Monday, June 15th will be issued a dividend of $0.32 per share. The ex-dividend date is Monday, June 15th. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. This is an increase from Donaldson’s previous quarterly dividend of $0.30. Donaldson’s dividend payout ratio (DPR) is currently 32.26%.

Wall Street Analyst Weigh In

DCI has been the subject of a number of recent research reports. Weiss Ratings upgraded shares of Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday. UBS Group set a $96.00 price objective on shares of Donaldson in a report on Tuesday, February 24th. Wells Fargo & Company set a $91.00 price objective on shares of Donaldson in a report on Thursday. Robert W. Baird lowered their price objective on shares of Donaldson from $104.00 to $95.00 and set an “outperform” rating for the company in a report on Monday, March 30th. Finally, 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 report on Thursday. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target 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.