Donaldson Company, Inc. $DCI Shares Purchased by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP nearly doubled its Donaldson stake in the second quarter, adding 56,403 shares to own 117,441 shares valued at approximately $10.5 million. Institutional investors collectively hold 82.81% of the company.
• Donaldson exceeded quarterly expectations, reporting $1.15 in EPS and $1.06 billion in revenue, with revenue up 8% year over year. The company maintained FY 2027 EPS guidance of $4.22–$4.38.
• Analyst sentiment is favorable, with a consensus “Moderate Buy” rating and an average price target of $101, while Donaldson pays a $0.32 quarterly dividend, representing a 1.5% yield.

Corient Private Wealth LP raised its position in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 92.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 117,441 shares of the industrial products company's stock after buying an additional 56,403 shares during the period. Corient Private Wealth LP owned about 0.10% of Donaldson worth $10,543,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the business. Allworth Financial LP purchased a new stake in shares of Donaldson during the second quarter worth approximately $29,000. Trust Co. of Vermont acquired a new position in shares of Donaldson in the 2nd quarter valued at $31,000. Leonteq Securities AG purchased a new stake in shares of Donaldson in the fourth quarter valued at about $40,000. Clearstead Advisors LLC lifted its position in Donaldson by 92.6% during the 4th quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company's stock worth $53,000 after acquiring an additional 288 shares during the period. Finally, Sachetta LLC acquired a new stake in shares of Donaldson during the first quarter worth $65,000. Institutional investors and hedge funds own 82.81% of the company's stock.

Donaldson Stock Performance

NYSE:DCI opened at $86.36 on Thursday. The company has a current ratio of 2.08, a quick ratio of 1.41 and a debt-to-equity ratio of 0.73. The firm has a market capitalization of $10.01 billion, a price-to-earnings ratio of 22.43, a PEG ratio of 2.01 and a beta of 0.92. The firm's fifty day simple moving average is $92.32 and its 200 day simple moving average is $88.59. Donaldson Company, Inc. has a twelve month low of $79.42 and a twelve month high of $112.84.

Donaldson (NYSE:DCI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The industrial products company reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.13 by $0.02. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. Donaldson had a return on equity of 28.68% and a net margin of 11.68%.The firm's quarterly revenue was up 8.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.03 EPS. Donaldson has set its FY 2027 guidance at 4.220-4.380 EPS. As a group, equities research analysts expect that Donaldson Company, Inc. will post 4.34 earnings per share for the current fiscal year.

Donaldson Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, August 31st. Investors of record on Monday, August 17th were given a dividend of $0.32 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $1.28 annualized dividend and a yield of 1.5%. Donaldson's payout ratio is 33.25%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. Wall Street Zen raised Donaldson from a "hold" rating to a "buy" rating in a report on Sunday, August 9th. Weiss Ratings upgraded shares of Donaldson from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, August 20th. Robert W. Baird boosted their price target on Donaldson from $105.00 to $110.00 and gave the stock an "outperform" rating in a report on Thursday, August 27th. Stifel Nicolaus set a $95.00 price objective on shares of Donaldson in a research report on Friday, August 28th. Finally, Wells Fargo & Company set a $91.00 target price on Donaldson in a research report on Thursday, June 4th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, Donaldson presently has a consensus rating of "Moderate Buy" and an average target price of $101.00.

About Donaldson

Donaldson Company, Inc NYSE: DCI is a global provider of filtration systems and replacement parts. Founded in 1915, the company develops products that help protect engines, equipment, manufacturing processes and people from airborne and liquid contaminants.

Donaldson's products include air and liquid filters, dust and fume collectors, hydraulic and process filtration systems, exhaust and emissions solutions, and replacement filtration parts. Its technologies are used in applications such as heavy-duty and off-road equipment, agriculture, construction, mining, transportation, power generation, manufacturing, and other industrial operations.

The company serves original equipment manufacturers, distributors and end users through operations and sales channels spanning North America, Europe, Asia-Pacific and other international markets.

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