Dudley & Shanley Inc. Decreases Position in Donaldson Company, Inc. $DCI

Key Points

• Dudley & Shanley Inc. reduced its stake in Donaldson Company, Inc. by 14.6%, holding 209,185 shares worth approximately $14.5 million after selling 35,780 shares in the second quarter.
• Insider transactions included Amy C. Becker selling 18,500 shares for about $1.5 million and Trudy A. Rautio selling 31,900 shares for $2.55 million, reflecting significant decreases in their respective positions.
• Donaldson's recent quarterly earnings beat expectations with $1.03 EPS and revenue of $980.7 million, an increase of 4.8% year-over-year, while the company also announced a $0.30 dividend per share.

Dudley & Shanley Inc. trimmed its position in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 14.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 209,185 shares of the industrial products company's stock after selling 35,780 shares during the quarter. Donaldson makes up 2.3% of Dudley & Shanley Inc.'s portfolio, making the stock its 22nd biggest holding. Dudley & Shanley Inc. owned 0.18% of Donaldson worth $14,507,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of DCI. Kayne Anderson Rudnick Investment Management LLC boosted its position in Donaldson by 75.3% during the first 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 in the last quarter. Carnegie Investment Counsel acquired a new stake in shares of Donaldson during the first quarter valued at $23,147,000. Fiduciary Management Inc. WI boosted its stake in shares of Donaldson by 13.1% during the first quarter. Fiduciary Management Inc. WI now owns 2,499,756 shares of the industrial products company's stock valued at $167,634,000 after acquiring an additional 290,477 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Donaldson by 32.4% during the first quarter. AQR Capital Management LLC now owns 1,172,395 shares of the industrial products company's stock valued at $77,636,000 after acquiring an additional 286,598 shares during the last quarter. Finally, Close Asset Management Ltd boosted its stake in shares of Donaldson by 27.9% during the first quarter. Close Asset Management Ltd now owns 1,298,164 shares of the industrial products company's stock valued at $87,074,000 after acquiring an additional 283,060 shares during the last quarter. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Donaldson

In other Donaldson news, insider Amy C. Becker sold 18,500 shares of Donaldson stock in a transaction on 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 sale, the insider owned 44,645 shares of the company's stock, valued at $3,647,942.95. The trade was a 29.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Trudy A. Rautio sold 31,900 shares of the business's stock in a transaction on 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 completion of the sale, the director directly owned 29,330 shares in the company, valued at $2,345,226.80. This represents a 52.10% 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 in the last quarter. Corporate insiders own 2.70% of the company's stock.

Donaldson Trading Up 0.3%

NYSE:DCI opened at $81.06 on Tuesday. Donaldson Company, Inc. has a 12-month low of $57.45 and a 12-month high of $83.31. The firm has a market capitalization of $9.45 billion, a P/E ratio of 26.58, a P/E/G ratio of 1.92 and a beta of 1.01. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.93 and a quick ratio of 1.25. The business has a 50 day simple moving average of $74.64 and a 200 day simple moving average of $70.04.

Donaldson (NYSE:DCI - Get Free Report) last released its quarterly earnings data 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 analyst estimates of $951.59 million. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.94 EPS. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. Equities research analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current 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 paid 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 yield of 1.5%. Donaldson's payout ratio is presently 39.34%.

Wall Street Analyst Weigh In

A number of analysts recently commented on DCI shares. Stifel Nicolaus increased their price objective on Donaldson from $69.00 to $84.00 and gave the company a "hold" rating in a research note on Thursday, August 28th. Robert W. Baird raised their price objective on Donaldson from $78.00 to $85.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. Wall Street Zen downgraded Donaldson from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Finally, Morgan Stanley raised their target price on Donaldson from $69.00 to $72.00 and gave the company an "underweight" rating in a report on Tuesday, September 2nd. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and a consensus price target of $80.33.

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.

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