Donaldson Company, Inc. $DCI Shares Sold by PineStone Asset Management Inc.

Key Points

• PineStone Asset Management Inc. reduced its holdings in Donaldson Company, Inc. by 14.0%, selling 24,600 shares and retaining ownership of 150,861 shares valued at approximately $10.46 million.
• Donaldson Company recently reported quarterly earnings of $1.03 EPS, slightly beating estimates, with revenue of $980.70 million, reflecting a 4.8% year-over-year growth.
• The company announced a quarterly dividend of $0.30 per share, resulting in an annualized yield of 1.5% and a payout ratio of approximately 39.34%.

PineStone Asset Management Inc. trimmed its holdings in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 14.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 150,861 shares of the industrial products company's stock after selling 24,600 shares during the period. PineStone Asset Management Inc. owned 0.13% of Donaldson worth $10,462,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in DCI. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Donaldson during the 2nd quarter worth about $679,475,000. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Donaldson by 75.3% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,330,602 shares of the industrial products company's stock worth $223,350,000 after purchasing an additional 1,430,120 shares during the last quarter. Fiduciary Management Inc. WI boosted its stake in shares of Donaldson by 13.1% during the 1st quarter. Fiduciary Management Inc. WI now owns 2,499,756 shares of the industrial products company's stock worth $167,634,000 after purchasing an additional 290,477 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Donaldson by 12.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,818,227 shares of the industrial products company's stock worth $121,926,000 after purchasing an additional 202,746 shares during the last quarter. Finally, Fuller & Thaler Asset Management Inc. boosted its stake in shares of Donaldson by 0.3% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,598,281 shares of the industrial products company's stock worth $107,181,000 after purchasing an additional 4,041 shares during the last quarter. 82.81% of the stock is owned by institutional investors and hedge funds.

Donaldson Stock Performance

Donaldson stock opened at $79.98 on Friday. The company has a market cap of $9.32 billion, a PE ratio of 26.22, a P/E/G ratio of 1.90 and a beta of 1.01. The company has a fifty day moving average price of $76.27 and a two-hundred day moving average price of $70.67. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.93 and a quick ratio of 1.25. Donaldson Company, Inc. has a 12 month low of $57.45 and a 12 month high of $83.31.

Donaldson (NYSE:DCI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The industrial products company reported $1.03 EPS for the quarter, beating the consensus estimate of $1.02 by $0.01. The company 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. Research analysts expect that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Announces Dividend

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

Insider Activity at Donaldson

In other Donaldson news, insider Amy C. Becker sold 18,500 shares of the business's stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $81.71, for a total value of $1,511,635.00. Following the sale, the insider directly owned 44,645 shares in the company, valued at approximately $3,647,942.95. The trade was a 29.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Guillermo Briseno sold 13,500 shares of the business's stock in a transaction dated Wednesday, September 3rd. The stock was sold at an average price of $79.03, for a total transaction of $1,066,905.00. Following the completion of the sale, the president owned 25,309 shares in the company, valued at approximately $2,000,170.27. This trade represents a 34.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 63,900 shares of company stock worth $5,129,264 in the last 90 days. Corporate insiders own 2.70% of the company's stock.

Analyst Upgrades and Downgrades

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