14,280 Shares in Donaldson Company, Inc. $DCI Acquired by Engineers Gate Manager LP

Key Points

• Engineers Gate Manager LP acquired 14,280 shares of Donaldson Company during the second quarter, valued at approximately $1.28 million. Institutional investors collectively own 82.81% of the company.
• Donaldson exceeded quarterly expectations, reporting $1.15 in earnings per share and $1.06 billion in revenue, with revenue up 8% year over year. The company guided for fiscal 2027 EPS of $4.22–$4.38.
• Donaldson maintains a quarterly dividend of $0.32 per share, or $1.28 annualized, representing a 1.5% yield. Analysts assign the stock a “Moderate Buy” rating with an average price target of $101, above its recent $86.08 price.

Engineers Gate Manager LP acquired a new position in Donaldson Company, Inc. (NYSE:DCI - Free Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 14,280 shares of the industrial products company's stock, valued at approximately $1,282,000.

Several other institutional investors have also added to or reduced their stakes in the stock. Allworth Financial LP bought a new position in Donaldson during the 2nd quarter worth approximately $29,000. Trust Co. of Vermont bought a new position in Donaldson during the second quarter worth $31,000. Leonteq Securities AG bought a new position in Donaldson during the fourth quarter worth $40,000. Clearstead Advisors LLC boosted its position 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 valued at $53,000 after purchasing an additional 288 shares in the last quarter. Finally, Sachetta LLC acquired a new stake in Donaldson during the first quarter worth approximately $65,000. 82.81% of the stock is currently owned by institutional investors.

Donaldson Trading Down 0.3%

Shares of DCI stock opened at $86.08 on Friday. The company has a market capitalization of $9.98 billion, a price-to-earnings ratio of 22.36, a PEG ratio of 1.99 and a beta of 0.92. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.41 and a current ratio of 2.08. The company has a 50-day simple moving average of $92.27 and a two-hundred day simple moving average of $88.54. Donaldson Company, Inc. has a 52-week low of $79.42 and a 52-week high of $112.84.

Donaldson (NYSE:DCI - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The industrial products company reported $1.15 EPS for the quarter, beating analysts' consensus estimates of $1.13 by $0.02. Donaldson had a return on equity of 28.68% and a net margin of 11.68%.The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same period last year, the business posted $1.03 earnings per share. Donaldson's revenue was up 8.0% on a year-over-year basis. Donaldson has set its FY 2027 guidance at 4.220-4.380 EPS. Research analysts anticipate that Donaldson Company, Inc. will post 4.34 EPS for the current fiscal year.

Donaldson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 17th were given a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend was Monday, August 17th. Donaldson's dividend payout ratio (DPR) is currently 33.25%.

Analysts Set New Price Targets

DCI has been the subject of a number of research analyst reports. Wells Fargo & Company set a $91.00 target price on Donaldson in a report on Thursday, June 4th. Stifel Nicolaus set a $95.00 target price on shares of Donaldson in a research report on Friday, August 28th. Wall Street Zen upgraded shares of Donaldson from a "hold" rating to a "buy" rating in a research report on Sunday, August 9th. Robert W. Baird boosted their price objective on Donaldson from $105.00 to $110.00 and gave the company an "outperform" rating in a report on Thursday, August 27th. Finally, Weiss Ratings raised Donaldson from a "buy (b-)" rating to a "buy (b)" rating in a research report on Thursday, August 20th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Donaldson currently has an average rating of "Moderate Buy" and an average target price of $101.00.

Donaldson Company Profile

Donaldson Company, Inc NYSE: DCI is a global provider of filtration systems and replacement parts. Founded in 1915, the company develops products that help protect engines, equipment, manufacturing processes and people from airborne and liquid contaminants.

Donaldson's products include air and liquid filters, dust and fume collectors, hydraulic and process filtration systems, exhaust and emissions solutions, and replacement filtration parts. Its technologies are used in applications such as heavy-duty and off-road equipment, agriculture, construction, mining, transportation, power generation, manufacturing, and other industrial operations.

The company serves original equipment manufacturers, distributors and end users through operations and sales channels spanning North America, Europe, Asia-Pacific and other international markets.

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