BI Asset Management Fondsmaeglerselskab A S Has $6.63 Million Stock Position in Donaldson Company, Inc. $DCI

Key Points

• BI Asset Management Fondsmaeglerselskab A S nearly doubled its stake in Donaldson, increasing holdings by 92.8% in the first quarter to 78,124 shares valued at about $6.63 million.
• Donaldson reported better-than-expected quarterly results, with EPS of $1.06 and revenue of $995.1 million, while also issuing FY2026 EPS guidance of 3.94 to 4.01.
• The company raised its quarterly dividend to $0.32 per share from $0.30, and analysts currently view the stock as a Moderate Buy with an average price target of $97.83.

BI Asset Management Fondsmaeglerselskab A S boosted its stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 92.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,124 shares of the industrial products company's stock after acquiring an additional 37,603 shares during the period. BI Asset Management Fondsmaeglerselskab A S owned 0.07% of Donaldson worth $6,630,000 at the end of the most recent quarter.

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

Insider Activity at Donaldson

In other news, Director James Owens sold 13,753 shares of the stock in a transaction dated Tuesday, April 14th. The shares were 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 owned 22,565 shares in the company, valued at $2,013,023.65. This represents a 37.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold a total of 19,800 shares of company stock valued at $1,765,184 in the last three months. Corporate insiders own 2.20% of the company's stock.

Donaldson Stock Performance

DCI opened at $85.59 on Monday. The company has a current ratio of 2.35, a quick ratio of 1.55 and a debt-to-equity ratio of 0.35. The company's fifty day moving average price is $85.76 and its two-hundred day moving average price is $91.58. Donaldson Company, Inc. has a 1-year low of $67.71 and a 1-year high of $112.84. The company has a market cap of $9.92 billion, a price-to-earnings ratio of 23.01, a PEG ratio of 2.16 and a beta of 0.95.

Donaldson (NYSE:DCI - Get Free Report) last announced its quarterly earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share (EPS) 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 the consensus estimate of $973.65 million. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.Donaldson's revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.99 earnings per share. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. On average, analysts expect that Donaldson Company, Inc. will post 3.96 EPS for the current fiscal year.

Donaldson Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th will be paid a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Monday, June 15th. This is a positive change from Donaldson's previous quarterly dividend of $0.30. Donaldson's dividend payout ratio (DPR) is currently 34.41%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on DCI shares. Wall Street Zen upgraded Donaldson from a "hold" rating to a "buy" rating in a report on Monday. Stifel Nicolaus dropped their price objective on Donaldson from $96.00 to $91.00 and set a "hold" rating on the stock in a research note on Thursday, June 4th. Wells Fargo & Company set a $91.00 target price on Donaldson in a research report on Thursday, June 4th. Robert W. Baird cut 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. Finally, Weiss Ratings raised Donaldson from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Wednesday, June 3rd. Three equities research 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 presently has a consensus rating of "Moderate Buy" and an average price target of $97.83.

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.

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