Intech Investment Management LLC Buys New Position in Donaldson Company, Inc. $DCI

Intech Investment Management LLC bought a new stake in shares of Donaldson Company, Inc. (NYSE:DCI) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 9,276 shares of the industrial products company’s stock, valued at approximately $822,000.

Other hedge funds also recently modified their holdings of the company. Verdence Capital Advisors LLC boosted its position in Donaldson by 1.2% in the fourth quarter. Verdence Capital Advisors LLC now owns 8,603 shares of the industrial products company’s stock worth $763,000 after purchasing an additional 101 shares during the last quarter. Perigon Wealth Management LLC boosted its position in Donaldson by 3.6% in the fourth quarter. Perigon Wealth Management LLC now owns 3,440 shares of the industrial products company’s stock worth $305,000 after purchasing an additional 118 shares during the last quarter. Signaturefd LLC boosted its position in Donaldson by 9.6% in 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 last quarter. AMG National Trust Bank boosted its position in Donaldson by 0.6% in the third quarter. AMG National Trust Bank now owns 21,713 shares of the industrial products company’s stock worth $1,777,000 after purchasing an additional 134 shares during the last quarter. Finally, Accredited Investors Inc. boosted its position in Donaldson by 3.5% in the fourth quarter. Accredited Investors Inc. now owns 4,479 shares of the industrial products company’s stock worth $397,000 after purchasing an additional 153 shares during the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Insider Activity at Donaldson

In other news, Director James Owens sold 13,753 shares of the stock in a transaction dated 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 transaction, the director directly owned 22,565 shares in the company, 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 Securities & Exchange Commission, which can be accessed through this link. In the last 90 days, insiders sold 19,800 shares of company stock worth $1,765,184. 2.20% of the stock is currently owned by corporate insiders.

Donaldson Stock Performance

NYSE:DCI opened at $83.72 on Monday. 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 Company, Inc. has a 52-week low of $67.71 and a 52-week high of $112.84. The firm has a market cap of $9.70 billion, a price-to-earnings ratio of 22.50, a PEG ratio of 2.11 and a beta of 0.95. The business’s fifty day moving average is $85.71 and its 200 day moving average is $91.76.

Donaldson (NYSE:DCI) last announced 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. The business 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% compared to the same quarter last year. During the same period in the prior year, the company earned $0.99 EPS. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Research analysts predict that Donaldson Company, Inc. will post 3.97 EPS for the current year.

Donaldson Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be given 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 dividend yield of 1.5%. Donaldson’s dividend payout ratio is currently 34.41%.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Morgan Stanley cut their price objective on Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a research report on Monday, March 9th. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a research report on Saturday. Wells Fargo & Company set a $91.00 price target on Donaldson in a research report on Thursday. Weiss Ratings raised Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday. Finally, 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 report on Monday, March 30th. Three analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock 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.