Capital Fund Management S.A. Boosts Stock Holdings in Donaldson Company, Inc. $DCI

Key Points

• Capital Fund Management S.A. increased its stake in Donaldson Company, Inc. by 83.8% during the 1st quarter, owning 44,298 shares valued at approximately $2.97 million.
• Donaldson recently announced a quarterly dividend of $0.30, resulting in an annualized yield of 1.6%, with a payout ratio of 40.27%.
• The company's stock has seen a 12-month range between a low of $57.45 and a high of $78.95, currently trading around $75.74.

Capital Fund Management S.A. lifted its holdings in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 83.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 44,298 shares of the industrial products company's stock after buying an additional 20,202 shares during the period. Capital Fund Management S.A.'s holdings in Donaldson were worth $2,971,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Colonial Trust Co SC purchased a new position in Donaldson in the fourth quarter worth $25,000. Cullen Frost Bankers Inc. acquired a new position in shares of Donaldson during the 1st quarter worth $29,000. Brooklyn Investment Group increased its holdings in shares of Donaldson by 113.9% in the 1st 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 in the last quarter. Johnson Financial Group Inc. lifted its stake 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 valued at $42,000 after purchasing an additional 195 shares during the period. Finally, Wood Tarver Financial Group LLC purchased a new stake in Donaldson during the fourth quarter worth about $42,000. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Donaldson Trading Down 0.6%

Shares of NYSE DCI traded down $0.45 during midday trading on Friday, reaching $79.68. 868,994 shares of the stock were exchanged, compared to its average volume of 661,232. The stock has a 50 day moving average price of $72.34 and a 200-day moving average price of $69.16. The company has a current ratio of 1.93, a quick ratio of 1.24 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $9.28 billion, a P/E ratio of 26.12, a P/E/G ratio of 1.93 and a beta of 0.99. Donaldson Company, Inc. has a 52-week low of $57.45 and a 52-week high of $83.31.

Donaldson (NYSE:DCI - Get Free Report) last announced its earnings results on Wednesday, August 27th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.01. The firm had revenue of $980.70 million for the quarter, compared to analyst estimates of $951.59 million. Donaldson had a net margin of 9.94% and a return on equity of 29.50%. Donaldson's revenue was up 4.8% compared to the same quarter last year. During the same quarter last year, the business earned $0.94 earnings per share. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. Equities research analysts expect that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on DCI. Morgan Stanley reaffirmed an "underweight" rating and issued a $69.00 target price (up from $65.00) on shares of Donaldson in a report on Friday, June 6th. Stifel Nicolaus raised their price objective on Donaldson from $69.00 to $84.00 and gave the company a "hold" rating in a research note on Thursday. Robert W. Baird boosted their target price on Donaldson from $78.00 to $85.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, Wall Street Zen cut Donaldson from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. 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 stock presently has an average rating of "Hold" and an average target price of $79.33.

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.