Insider Selling: Donaldson (NYSE:DCI) Insider Sells 18,500 Shares of Stock

Key Points

• Donaldson Company insider Amy Becker sold 18,500 shares of stock for a total of $1,511,635, reducing her ownership by 29.30% to 44,645 shares.
• The company reported $1.03 earnings per share for the last quarter, exceeding estimates, and had a revenue of $980.70 million, up 4.8% year-over-year.
• Donaldson has declared a quarterly dividend of $0.30 per share, representing an annual yield of 1.5% and a payout ratio of 39.34%.

Donaldson Company, Inc. (NYSE:DCI - Get Free Report) insider Amy C. Becker sold 18,500 shares of Donaldson stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $81.71, for a total value of $1,511,635.00. Following the sale, the insider directly owned 44,645 shares of the company's stock, valued at approximately $3,647,942.95. This trade represents a 29.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Donaldson Stock Up 0.5%

Shares of DCI traded up $0.42 during trading hours on Friday, hitting $81.04. The company had a trading volume of 555,782 shares, compared to its average volume of 692,751. The company has a market capitalization of $9.44 billion, a PE ratio of 26.57, a price-to-earnings-growth ratio of 1.91 and a beta of 1.01. The company has a current ratio of 1.93, a quick ratio of 1.25 and a debt-to-equity ratio of 0.43. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $83.31. The company's fifty day moving average price is $73.41 and its two-hundred day moving average price is $69.54.

Donaldson (NYSE:DCI - Get Free Report) last released its quarterly earnings results on Wednesday, August 27th. The industrial products company reported $1.03 EPS for the quarter, topping the consensus estimate of $1.02 by $0.01. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The firm had revenue of $980.70 million during the quarter, compared to analyst estimates of $951.59 million. During the same period in the previous year, the company posted $0.94 EPS. The business's revenue for the quarter was up 4.8% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. As a group, equities analysts forecast that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Tuesday, August 12th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, August 12th. Donaldson's payout ratio is 39.34%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in DCI. Impax Asset Management Group plc boosted its position in shares of Donaldson by 27.5% during the first quarter. Impax Asset Management Group plc now owns 878,632 shares of the industrial products company's stock worth $58,130,000 after buying an additional 189,580 shares during the period. OneDigital Investment Advisors LLC boosted its position in shares of Donaldson by 22.5% during the first quarter. OneDigital Investment Advisors LLC now owns 3,697 shares of the industrial products company's stock worth $248,000 after buying an additional 680 shares during the period. Wealth Enhancement Advisory Services LLC boosted its position in shares of Donaldson by 2.1% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 379,925 shares of the industrial products company's stock worth $25,478,000 after buying an additional 7,663 shares during the period. GAMMA Investing LLC boosted its position in shares of Donaldson by 162.5% during the first quarter. GAMMA Investing LLC now owns 2,428 shares of the industrial products company's stock worth $163,000 after buying an additional 1,503 shares during the period. Finally, Cambridge Investment Research Advisors Inc. boosted its position in shares of Donaldson by 78.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 5,555 shares of the industrial products company's stock worth $372,000 after buying an additional 2,435 shares during the period. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DCI. Robert W. Baird boosted their price objective on Donaldson from $78.00 to $85.00 and gave the company an "outperform" rating in a report on Friday, August 29th. Wall Street Zen cut Donaldson from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Morgan Stanley upped their price target on Donaldson from $69.00 to $72.00 and gave the stock an "underweight" rating in a report on Tuesday. Finally, Stifel Nicolaus upped their price target on Donaldson from $69.00 to $84.00 and gave the stock a "hold" rating in a report on Thursday, August 28th. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $80.33.

Donaldson Company Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.