Epoch Investment Partners Inc. Sells 184,786 Shares of Donaldson Company, Inc. $DCI

Key Points

• Epoch Investment Partners Inc. decreased its stake in Donaldson Company, Inc. by 15.3%, selling 184,786 shares, and now holds approximately 1,022,191 shares valued at $68.5 million.
• Institutional investors own about 82.81% of Donaldson's stock, with various firms increasing their holdings in the fourth quarter, including Dimensional Fund Advisors, which raised its stake by 8.7%.
• Donaldson recently announced a quarterly dividend of $0.30 per share, reflecting an annual yield of 1.6%, with the record date set for August 12th.

Epoch Investment Partners Inc. lessened its stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 15.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,022,191 shares of the industrial products company's stock after selling 184,786 shares during the period. Epoch Investment Partners Inc. owned about 0.86% of Donaldson worth $68,548,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Colonial Trust Co SC bought a new stake in shares of Donaldson in the 4th quarter valued at about $25,000. Cullen Frost Bankers Inc. bought a new stake in shares of Donaldson during the 1st quarter valued at about $29,000. Johnson Financial Group Inc. boosted its position in shares of Donaldson by 48.8% during the 4th 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 in the last quarter. Brooklyn Investment Group boosted its position in shares of Donaldson by 113.9% during 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. Finally, Wood Tarver Financial Group LLC bought a new stake in shares of Donaldson during the 4th quarter valued at about $42,000. Institutional investors own 82.81% of the company's stock.

Donaldson Stock Down 2.4%

DCI stock traded down $2.00 during mid-day trading on Thursday, reaching $80.14. 1,505,121 shares of the company traded hands, compared to its average volume of 620,190. The stock has a market cap of $9.34 billion, a price-to-earnings ratio of 26.27, a P/E/G ratio of 1.99 and a beta of 0.99. The company has a quick ratio of 1.24, a current ratio of 1.93 and a debt-to-equity ratio of 0.43. Donaldson Company, Inc. has a fifty-two week low of $57.45 and a fifty-two week high of $83.31. The firm's 50 day moving average price is $72.11 and its 200 day moving average price is $69.10.

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

Donaldson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders of record on Tuesday, August 12th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $1.20 annualized dividend and a dividend yield of 1.5%. Donaldson's dividend payout ratio (DPR) is currently 39.34%.

Analyst Upgrades and Downgrades

DCI has been the topic of several research analyst reports. Wall Street Zen lowered Donaldson from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. Morgan Stanley restated an "underweight" rating and set a $69.00 target price (up previously from $65.00) on shares of Donaldson in a research report on Friday, June 6th. Robert W. Baird upped their target price on Donaldson from $76.00 to $78.00 and gave the company an "outperform" rating in a research report on Wednesday, June 4th. Finally, Stifel Nicolaus boosted their target price on Donaldson from $69.00 to $84.00 and gave the company a "hold" rating in a research report on Thursday. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Donaldson presently has an average rating of "Hold" and an average target price of $77.00.

Donaldson Profile

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.