Susquehanna Fundamental Investments LLC Grows Stock Holdings in Donaldson Company, Inc. $DCI

Susquehanna Fundamental Investments LLC raised its stake in Donaldson Company, Inc. (NYSE:DCI) by 75.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 152,315 shares of the industrial products company’s stock after purchasing an additional 65,692 shares during the quarter. Susquehanna Fundamental Investments LLC’s holdings in Donaldson were worth $13,673,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in DCI. First Nebraska Trust Co acquired a new stake in Donaldson in the second quarter valued at $7,299,000. Northwestern Mutual Wealth Management Co. raised its position in shares of Donaldson by 3,094.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 44,377 shares of the industrial products company’s stock worth $3,934,000 after purchasing an additional 42,988 shares during the period. Artemis Investment Management LLP acquired a new position in shares of Donaldson during the fourth quarter valued at $1,494,000. BlackRock Inc. bought a new stake in Donaldson during the second quarter worth approximately $1,072,012,000. Finally, Swedbank AB boosted its position in shares of Donaldson by 2.6% during the 4th quarter. Swedbank AB now owns 528,100 shares of the industrial products company’s stock valued at $46,821,000 after purchasing an additional 13,300 shares in the last quarter. 82.81% of the stock is owned by institutional investors and hedge funds.

Donaldson Stock Down 0.1%

Shares of NYSE DCI opened at $91.81 on Monday. Donaldson Company, Inc. has a 12-month low of $78.52 and a 12-month high of $112.84. The firm’s 50-day simple moving average is $92.01 and its 200 day simple moving average is $90.20. The company has a market cap of $10.64 billion, a price-to-earnings ratio of 23.85, a price-to-earnings-growth ratio of 2.13 and a beta of 0.92. The company has a quick ratio of 1.41, a current ratio of 2.08 and a debt-to-equity ratio of 0.73.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Wednesday, August 26th. The industrial products company reported $1.15 earnings per share for the quarter, beating analysts’ consensus estimates of $1.13 by $0.02. The business had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.04 billion. Donaldson had a net margin of 11.68% and a return on equity of 28.68%. Donaldson’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.03 earnings per share. Donaldson has set its FY 2027 guidance at 4.220-4.380 EPS. On average, research analysts expect that Donaldson Company, Inc. will post 4.32 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 31st. Investors of record on Monday, August 17th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. Donaldson’s payout ratio is 33.25%.

Analyst Ratings Changes

A number of research firms have recently issued reports on DCI. Weiss Ratings upgraded Donaldson from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, August 20th. Wells Fargo & Company set a $91.00 price objective on Donaldson in a research note on Thursday, June 4th. Stifel Nicolaus set a $95.00 price target on shares of Donaldson in a research report on Friday. Robert W. Baird upped their target price on Donaldson from $105.00 to $110.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a report on Sunday, August 9th. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $101.00.

Donaldson Company 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.