Deutsche Bank AG Has $1.85 Million Stock Position in Donaldson Company, Inc. $DCI

Key Points

• Deutsche Bank AG increased its stake in Donaldson Company, Inc. by 112.6%, acquiring an additional 14,603 shares, bringing its total holdings to 27,570 shares valued at approximately $1.85 million.
• Donaldson reported a quarterly earnings per share (EPS) of $0.99, exceeding analysts' expectations, and set FY 2025 EPS guidance at 3.640-3.700.
• The company declared a quarterly dividend of $0.30 per share, with a dividend yield of 1.6%, set to be paid on August 27th.

Deutsche Bank AG lifted its position in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 112.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,570 shares of the industrial products company's stock after acquiring an additional 14,603 shares during the period. Deutsche Bank AG's holdings in Donaldson were worth $1,849,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in DCI. Colonial Trust Co SC purchased a new position in Donaldson during the 4th quarter worth approximately $25,000. Cullen Frost Bankers Inc. purchased a new stake in shares of Donaldson in the first quarter valued at $29,000. Johnson Financial Group Inc. boosted its position in shares of Donaldson by 48.8% in the fourth quarter. Johnson Financial Group Inc. now owns 595 shares of the industrial products company's stock worth $42,000 after buying an additional 195 shares during the period. Wood Tarver Financial Group LLC purchased a new position in shares of Donaldson during the fourth quarter valued at $42,000. Finally, CX Institutional purchased a new position in shares of Donaldson during the first quarter valued at $53,000. Hedge funds and other institutional investors own 82.81% of the company's stock.

Donaldson Stock Up 2.5%

Shares of NYSE:DCI traded up $1.8450 during midday trading on Friday, hitting $75.7350. 636,298 shares of the stock were exchanged, compared to its average volume of 509,533. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.24 and a current ratio of 1.94. Donaldson Company, Inc. has a 52-week low of $57.45 and a 52-week high of $78.95. The business's fifty day simple moving average is $71.32 and its two-hundred day simple moving average is $68.87. The company has a market capitalization of $8.82 billion, a PE ratio of 25.41, a P/E/G ratio of 1.85 and a beta of 0.99.

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

Donaldson Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on DCI. Wall Street Zen downgraded Donaldson from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Morgan Stanley reiterated an "underweight" rating and set a $69.00 price target (up previously from $65.00) on shares of Donaldson in a report on Friday, June 6th. Finally, Robert W. Baird lifted their price target on Donaldson from $76.00 to $78.00 and gave the company an "outperform" rating in a report on Wednesday, June 4th. One investment 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's stock. According to MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $70.00.

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.