Swedbank AB Has $45.35 Million Position in Donaldson Company, Inc. $DCI

Swedbank AB boosted its holdings in Donaldson Company, Inc. (NYSE:DCI) by 1.2% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 534,400 shares of the industrial products company’s stock after acquiring an additional 6,300 shares during the period. Swedbank AB owned 0.46% of Donaldson worth $45,355,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Leonteq Securities AG acquired a new position in shares of Donaldson in the fourth quarter valued at $40,000. Eagle Bay Advisors LLC acquired a new stake in shares of Donaldson during the 4th quarter worth about $45,000. Clearstead Advisors LLC lifted its stake in shares of Donaldson by 92.6% during the 4th quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company’s stock worth $53,000 after buying an additional 288 shares during the last quarter. Strive Financial Group LLC bought a new stake in shares of Donaldson during the 4th quarter worth about $57,000. Finally, Steph & Co. boosted its holdings in shares of Donaldson by 76.4% during the 4th quarter. Steph & Co. now owns 944 shares of the industrial products company’s stock worth $84,000 after buying an additional 409 shares during the period. Institutional investors and hedge funds own 82.81% of the company’s stock.

Analyst Ratings Changes

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

Donaldson Trading Down 2.1%

DCI stock opened at $87.66 on Thursday. Donaldson Company, Inc. has a 52 week low of $69.03 and a 52 week high of $112.84. The company has a market capitalization of $10.16 billion, a PE ratio of 23.56, a price-to-earnings-growth ratio of 2.26 and a beta of 0.93. The company’s 50-day simple moving average is $85.66 and its 200 day simple moving average is $91.29. 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 issued its quarterly earnings data on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.01. The business had revenue of $995.10 million during the quarter, compared to analysts’ expectations of $973.65 million. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. The business’s revenue was up 5.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.99 EPS. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. As a group, sell-side analysts anticipate that Donaldson Company, Inc. will post 3.96 earnings per share for the current year.

Donaldson Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given 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 dividend on an annualized basis and a dividend yield of 1.5%. Donaldson’s dividend payout ratio (DPR) is presently 34.41%.

Insider Activity

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

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.