13,560 Shares in Donaldson Company, Inc. $DCI Acquired by Caxton Associates LLP

Key Points

• Caxton Associates LLP acquired approximately 13,560 shares of Donaldson Company, Inc., valued at around $909,000, as part of its new investment in the company during the first quarter.
• Donaldson's recent quarterly earnings report showed an EPS of $1.03, exceeding analysts' expectations, with a revenue of $980.70 million, up 4.8% from the previous year.
• The company announced a quarterly dividend of $0.30 per share, maintaining a dividend yield of 1.5% and a payout ratio of 39.34%.

Caxton Associates LLP bought a new stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 13,560 shares of the industrial products company's stock, valued at approximately $909,000.

Several other hedge funds and other institutional investors have also made changes to their positions in DCI. Cullen Frost Bankers Inc. purchased a new stake in Donaldson in the first quarter valued at approximately $29,000. Brooklyn Investment Group increased its stake in Donaldson by 113.9% in the first 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 during the period. Wood Tarver Financial Group LLC purchased a new stake in shares of Donaldson in the fourth quarter valued at about $42,000. CX Institutional purchased a new position in shares of Donaldson during the first quarter worth about $53,000. Finally, Smartleaf Asset Management LLC lifted its position in Donaldson by 34.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the industrial products company's stock worth $54,000 after acquiring an additional 205 shares during the period. Institutional investors and hedge funds own 82.81% of the company's stock.

Insider Activity at Donaldson

In other news, insider Amy C. Becker sold 18,500 shares of the company's stock in a transaction on Thursday, August 28th. The stock was 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 in the company, valued at $3,647,942.95. This represents a 29.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Guillermo Briseno sold 13,500 shares of Donaldson stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $79.03, for a total value of $1,066,905.00. Following the sale, the president owned 25,309 shares of the company's stock, valued at approximately $2,000,170.27. This represents a 34.79% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 63,900 shares of company stock valued at $5,129,264. 2.70% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Morgan Stanley increased their price target on Donaldson from $69.00 to $72.00 and gave the stock an "underweight" rating in a report on Tuesday, September 2nd. Stifel Nicolaus lifted their target price on shares of Donaldson from $69.00 to $84.00 and gave the company a "hold" rating in a report on Thursday, August 28th. Wall Street Zen cut shares of Donaldson from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Finally, Robert W. Baird lifted 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. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Donaldson currently has a consensus rating of "Hold" and a consensus target price of $80.33.

Donaldson Price Performance

DCI traded down $0.28 during trading on Tuesday, reaching $80.77. 481,602 shares of the stock were exchanged, compared to its average volume of 738,373. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.93 and a quick ratio of 1.25. The company has a market capitalization of $9.41 billion, a price-to-earnings ratio of 26.48, a P/E/G ratio of 1.92 and a beta of 1.01. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $83.31. The business's 50 day moving average price is $74.84 and its two-hundred day moving average price is $70.12.

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

Donaldson Announces Dividend

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