Caxton Associates LLP Acquires New Position in Donaldson Company, Inc. $DCI

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 acquired a new stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 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 recently made changes to their positions in the stock. ICW Investment Advisors LLC lifted its stake in shares of Donaldson by 0.6% in the first quarter. ICW Investment Advisors LLC now owns 24,094 shares of the industrial products company's stock valued at $1,616,000 after purchasing an additional 150 shares during the period. Cresset Asset Management LLC increased its holdings in Donaldson by 1.7% during the 1st quarter. Cresset Asset Management LLC now owns 11,462 shares of the industrial products company's stock valued at $769,000 after acquiring an additional 191 shares in the last quarter. State of Michigan Retirement System increased its holdings in Donaldson by 0.7% during the 1st quarter. State of Michigan Retirement System now owns 28,558 shares of the industrial products company's stock valued at $1,915,000 after acquiring an additional 200 shares in the last quarter. Xponance Inc. increased its holdings in Donaldson by 1.5% during the 1st quarter. Xponance Inc. now owns 13,872 shares of the industrial products company's stock valued at $930,000 after acquiring an additional 201 shares in the last quarter. Finally, Smartleaf Asset Management LLC increased its holdings in Donaldson by 34.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the industrial products company's stock valued at $54,000 after acquiring an additional 205 shares in the last quarter. Institutional investors and hedge funds own 82.81% of the company's stock.

Donaldson Stock Performance

Shares of NYSE DCI opened at $80.17 on Thursday. The company has a market cap of $9.34 billion, a PE ratio of 26.29, a price-to-earnings-growth ratio of 1.90 and a beta of 1.01. Donaldson Company, Inc. has a 12 month low of $57.45 and a 12 month high of $83.31. 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 50-day simple moving average of $74.02 and a 200-day simple moving average of $69.77.

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

Donaldson Dividend Announcement

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

Insider Buying and Selling

In related news, Director Trudy A. Rautio sold 31,900 shares of the firm's stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $79.96, for a total value of $2,550,724.00. Following the sale, the director directly owned 29,330 shares of the company's stock, valued at approximately $2,345,226.80. This trade represents a 52.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Amy C. Becker sold 18,500 shares of the firm's stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $81.71, for a total transaction of $1,511,635.00. Following the completion of 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 disclosure for this sale can be found here. Over the last three months, insiders have sold 63,900 shares of company stock valued at $5,129,264. Insiders own 2.70% of the company's stock.

Analyst Ratings Changes

DCI has been the subject of several recent research reports. Wall Street Zen downgraded shares of Donaldson from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Morgan Stanley raised their target price on shares of Donaldson from $69.00 to $72.00 and gave the company an "underweight" rating in a report on Tuesday, September 2nd. Robert W. Baird raised their target price on shares of Donaldson from $78.00 to $85.00 and gave the company an "outperform" rating in a report on Friday, August 29th. Finally, Stifel Nicolaus raised 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. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Donaldson has a consensus rating of "Hold" and an average target price of $80.33.

About Donaldson

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.

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