Brandywine Global Investment Management LLC Invests $4.85 Million in Donaldson Company, Inc. $DCI

Key Points

• Brandywine Global Investment Management LLC has made a new investment in Donaldson Company, Inc. (NYSE:DCI), purchasing approximately 72,314 shares valued at around $4.85 million.
• Donaldson Company reported earnings per share of $0.99 for the last quarter, surpassing analysts' expectations of $0.95 and achieving a revenue of $940.10 million.
• The company has declared a quarterly dividend of $0.30, representing an annualized dividend of $1.20 and a yield of 1.6%.

Brandywine Global Investment Management LLC acquired a new position in Donaldson Company, Inc. (NYSE:DCI - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 72,314 shares of the industrial products company's stock, valued at approximately $4,849,000. Brandywine Global Investment Management LLC owned 0.06% of Donaldson as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Colonial Trust Co SC acquired a new stake in shares of Donaldson in the 4th quarter worth about $25,000. Cullen Frost Bankers Inc. acquired a new stake in shares of Donaldson in the 1st quarter worth about $29,000. Johnson Financial Group Inc. increased its holdings in shares of Donaldson by 48.8% in the 4th quarter. Johnson Financial Group Inc. now owns 595 shares of the industrial products company's stock worth $42,000 after acquiring an additional 195 shares during the period. Wood Tarver Financial Group LLC acquired a new stake in shares of Donaldson in the 4th quarter worth about $42,000. Finally, CX Institutional acquired a new stake in shares of Donaldson in the 1st quarter worth about $53,000. Institutional investors and hedge funds own 82.81% of the company's stock.

Wall Street Analyst Weigh In

DCI has been the topic of a number of analyst reports. Robert W. Baird increased their price objective on shares of Donaldson from $76.00 to $78.00 and gave the stock an "outperform" rating in a report on Wednesday, June 4th. Wall Street Zen cut shares of Donaldson from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Finally, Morgan Stanley reissued an "underweight" rating and set a $69.00 target price (up previously from $65.00) on shares of Donaldson in a research note on Friday, June 6th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $70.00.

Donaldson Price Performance

Donaldson stock traded up $1.8450 during trading hours on Friday, hitting $75.7350. 636,298 shares of the company traded hands, compared to its average volume of 509,533. The firm has a market cap of $8.82 billion, a P/E ratio of 25.41, a P/E/G ratio of 1.85 and a beta of 0.99. The company has a quick ratio of 1.24, a current ratio of 1.94 and a debt-to-equity ratio of 0.44. The firm's 50-day simple moving average is $71.32 and its two-hundred day simple moving average is $68.87. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $78.95.

Donaldson (NYSE:DCI - Get Free Report) last released its earnings results on Tuesday, June 3rd. The industrial products company reported $0.99 EPS for the quarter, beating the consensus estimate of $0.95 by $0.04. The firm had revenue of $940.10 million for the quarter, compared to analysts' expectations of $936.02 million. Donaldson had a net margin of 9.94% and a return on equity of 28.86%. Donaldson's quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the company earned $0.92 EPS. Donaldson has set its FY 2025 guidance at 3.640-3.700 EPS. As a group, analysts forecast that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 27th. Stockholders of record on Tuesday, August 12th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Tuesday, August 12th. This represents a $1.20 annualized dividend and a dividend yield of 1.6%. Donaldson's payout ratio is currently 40.27%.

Donaldson 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.