Voya Investment Management LLC raised its position in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 20.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 157,802 shares of the industrial products company's stock after acquiring an additional 27,325 shares during the quarter. Voya Investment Management LLC owned 0.14% of Donaldson worth $10,582,000 at the end of the most recent quarter.
Several other large investors also recently bought and sold shares of DCI. Captrust Financial Advisors acquired a new stake in Donaldson in the fourth quarter valued at approximately $398,000. Cetera Investment Advisers grew its position in shares of Donaldson by 4.9% during the fourth quarter. Cetera Investment Advisers now owns 10,635 shares of the industrial products company's stock worth $716,000 after buying an additional 499 shares in the last quarter. Deutsche Bank AG grew its position in shares of Donaldson by 15.5% during the fourth quarter. Deutsche Bank AG now owns 12,967 shares of the industrial products company's stock worth $873,000 after buying an additional 1,740 shares in the last quarter. Twinbeech Capital LP acquired a new stake in shares of Donaldson during the fourth quarter worth approximately $1,167,000. Finally, Zurich Insurance Group Ltd FI acquired a new stake in shares of Donaldson during the fourth quarter worth approximately $1,105,000. Institutional investors and hedge funds own 82.81% of the company's stock.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on DCI shares. Robert W. Baird raised their price target on shares of Donaldson from $78.00 to $85.00 and gave the stock an "outperform" rating in a research report on Friday, August 29th. Stifel Nicolaus raised their price target on shares of Donaldson from $69.00 to $84.00 and gave the stock a "hold" rating in a research report on Thursday, August 28th. Wall Street Zen downgraded shares of Donaldson from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. Finally, Morgan Stanley raised their price target on shares of Donaldson from $69.00 to $72.00 and gave the stock an "underweight" rating in a research report on Tuesday, September 2nd. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Donaldson has a consensus rating of "Hold" and an average price target of $80.33.
Get Our Latest Stock Analysis on Donaldson
Insider Buying and Selling
In related news, Director Trudy A. Rautio sold 31,900 shares of Donaldson stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $79.96, for a total value of $2,550,724.00. Following the transaction, the director 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 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 completion of the transaction, the president directly owned 25,309 shares in the company, valued at $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 quarter, insiders have sold 63,900 shares of company stock valued at $5,129,264. 2.70% of the stock is owned by corporate insiders.
Donaldson Price Performance
NYSE:DCI opened at $80.77 on Wednesday. The business's 50-day moving average price is $74.84 and its 200 day moving average price is $70.12. The firm has a market cap of $9.41 billion, a P/E ratio of 26.48, a PEG ratio of 1.92 and a beta of 1.01. Donaldson Company, Inc. has a 52-week low of $57.45 and a 52-week high of $83.31. The company has a quick ratio of 1.25, a current ratio of 1.93 and a debt-to-equity ratio of 0.43.
Donaldson (NYSE:DCI - Get Free Report) last released 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 return on equity of 29.50% and a net margin of 9.94%.Donaldson's revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.94 earnings per share. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. As a group, sell-side 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 was paid on Wednesday, August 27th. Investors of record on Tuesday, August 12th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $1.20 dividend on an annualized basis and a yield of 1.5%. Donaldson's dividend payout ratio (DPR) is currently 39.34%.
About Donaldson
(
Free Report)
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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