Donaldson Company, Inc. $DCI Shares Purchased by Naples Global Advisors LLC

Key Points

• Naples Global Advisors LLC increased its stake in Donaldson Company, Inc. by 16.7%, owning 22,000 shares worth $1.53 million as of the latest reporting period.
• Donaldson recently reported earnings per share (EPS) of $1.03 for the quarter, exceeding analyst expectations of $1.02, with quarterly revenue reaching $980.70 million, a 4.8% increase from last year.
• The company announced a $0.30 quarterly dividend, yielding 1.5%, with a payout ratio of 39.34% for shareholders of record.

Naples Global Advisors LLC boosted its stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 16.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 22,000 shares of the industrial products company's stock after purchasing an additional 3,151 shares during the period. Naples Global Advisors LLC's holdings in Donaldson were worth $1,526,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in DCI. Kingstone Capital Partners Texas LLC acquired a new stake in Donaldson in the 2nd quarter valued at $679,475,000. Kayne Anderson Rudnick Investment Management LLC increased its holdings in Donaldson by 75.3% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,330,602 shares of the industrial products company's stock valued at $223,350,000 after purchasing an additional 1,430,120 shares in the last quarter. Carnegie Investment Counsel acquired a new stake in Donaldson in the 1st quarter valued at $23,147,000. Fiduciary Management Inc. WI increased its holdings in Donaldson by 13.1% in the 1st quarter. Fiduciary Management Inc. WI now owns 2,499,756 shares of the industrial products company's stock valued at $167,634,000 after purchasing an additional 290,477 shares in the last quarter. Finally, AQR Capital Management LLC increased its holdings in Donaldson by 32.4% in the 1st quarter. AQR Capital Management LLC now owns 1,172,395 shares of the industrial products company's stock valued at $77,636,000 after purchasing an additional 286,598 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Donaldson Stock Performance

Shares of DCI stock opened at $82.71 on Friday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.25 and a current ratio of 1.93. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $83.31. The company's 50-day simple moving average is $77.35 and its 200-day simple moving average is $71.14. The stock has a market capitalization of $9.59 billion, a price-to-earnings ratio of 27.12, a PEG ratio of 1.95 and a beta of 0.99.

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 the consensus estimate of $1.02 by $0.01. Donaldson had a net margin of 9.94% and a return on equity of 29.50%. The business had revenue of $980.70 million for the quarter, compared to analysts' expectations of $951.59 million. During the same quarter last year, the company posted $0.94 earnings per share. The company's quarterly revenue was up 4.8% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. Equities analysts anticipate 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. Shareholders of record on Tuesday, August 12th were issued 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%.

Insiders Place Their Bets

In other Donaldson news, President Guillermo Briseno sold 13,500 shares of the firm's stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $79.03, for a total value of $1,066,905.00. Following the transaction, the president owned 25,309 shares of the company's stock, valued at $2,000,170.27. This trade represents a 34.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Amy C. Becker sold 18,500 shares of the firm's stock in a transaction dated 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 transaction, the insider directly owned 44,645 shares in the company, valued at $3,647,942.95. This represents a 29.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 63,900 shares of company stock valued at $5,129,264 over the last quarter. Insiders own 2.70% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on DCI shares. Morgan Stanley raised their target price on Donaldson from $69.00 to $72.00 and gave the company an "underweight" rating in a research note on Tuesday, September 2nd. Robert W. Baird raised their target price on Donaldson from $78.00 to $85.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Stifel Nicolaus raised their target price on Donaldson from $69.00 to $84.00 and gave the company a "hold" rating in a research note on Thursday, August 28th. Finally, Wall Street Zen downgraded Donaldson from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus 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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