Ashton Thomas Securities LLC Purchases 18,246 Shares of Donaldson Company, Inc. $DCI

Key Points

• Ashton Thomas Securities LLC increased its stake in Donaldson Company by 158.7% during the first quarter, bringing its total holdings to approximately $2,047,000.
• Donaldson's recent quarterly earnings report showed an EPS of $1.03, which surpassed analyst estimates, with a revenue of $980.7 million, marking a 4.8% increase from the previous year.
• The company declared a quarterly dividend of $0.30, which translates to an annual yield of 1.5%, contributing to a dividend payout ratio of 39.34%.

Ashton Thomas Securities LLC increased its holdings in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 158.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 29,740 shares of the industrial products company's stock after acquiring an additional 18,246 shares during the quarter. Ashton Thomas Securities LLC's holdings in Donaldson were worth $2,047,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Colonial Trust Co SC bought a new position in shares of Donaldson in the 4th quarter worth about $25,000. Cullen Frost Bankers Inc. bought a new stake in Donaldson during the 1st quarter valued at about $29,000. Brooklyn Investment Group increased its stake in Donaldson by 113.9% during the 1st quarter. Brooklyn Investment Group now owns 601 shares of the industrial products company's stock valued at $40,000 after purchasing an additional 320 shares in the last quarter. Wood Tarver Financial Group LLC bought a new stake in Donaldson during the 4th quarter valued at about $42,000. Finally, CX Institutional bought a new stake in Donaldson during the 1st quarter valued at about $53,000. 82.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider Amy C. Becker sold 18,500 shares of the firm's stock in a transaction that occurred 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 transaction, the insider 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 transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Guillermo Briseno sold 13,500 shares of the firm's stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $79.03, for a total transaction of $1,066,905.00. Following the completion of the transaction, the president directly owned 25,309 shares in the company, valued at approximately $2,000,170.27. The trade was a 34.79% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 63,900 shares of company stock valued at $5,129,264. 2.70% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Wall Street Zen lowered shares of Donaldson from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Stifel Nicolaus raised their price objective on shares of Donaldson from $69.00 to $84.00 and gave the company a "hold" rating in a research note on Thursday, August 28th. Robert W. Baird raised their price objective on shares of Donaldson from $78.00 to $85.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Finally, Morgan Stanley raised their price target on shares of Donaldson from $69.00 to $72.00 and gave the company an "underweight" rating in a report on Tuesday. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Donaldson presently has an average rating of "Hold" and a consensus target price of $80.33.

Donaldson Stock Performance

Shares of NYSE DCI traded up $0.42 during trading on Friday, reaching $81.04. 555,782 shares of the company traded hands, compared to its average volume of 692,751. The firm has a 50 day simple moving average of $73.41 and a 200-day simple moving average of $69.54. The company has a quick ratio of 1.25, a current ratio of 1.93 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $9.44 billion, a PE ratio of 26.57, a P/E/G ratio of 1.91 and a beta of 1.01. Donaldson Company, Inc. has a 52-week low of $57.45 and a 52-week high of $83.31.

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

Donaldson Dividend Announcement

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

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.