Empowered Funds LLC Invests $1.17 Million in Donaldson Company, Inc. $DCI

Key Points

• Empowered Funds LLC acquired 13,076 shares of Donaldson Company valued at approximately $1.17 million, while institutional investors collectively own 82.81% of the stock.
• Donaldson reported quarterly EPS of $1.15, beating estimates by $0.02, while revenue rose 8% year over year to $1.06 billion. The company issued FY 2027 EPS guidance of $4.22–$4.38.
• Shares recently traded at $91.09, and analysts maintain a “Moderate Buy” consensus with an average price target of $101. Donaldson also pays a quarterly dividend of $0.32 per share, yielding about 1.4%.

Empowered Funds LLC purchased a new stake in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 13,076 shares of the industrial products company's stock, valued at approximately $1,174,000.

A number of other large investors have also recently bought and sold shares of the business. Allworth Financial LP acquired a new stake in shares of Donaldson in the second quarter worth about $29,000. Trust Co. of Vermont bought a new position in shares of Donaldson in the 2nd quarter valued at approximately $31,000. Leonteq Securities AG acquired a new stake in Donaldson in the 4th quarter worth approximately $40,000. Clearstead Advisors LLC boosted its position in Donaldson by 92.6% during the fourth quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company's stock worth $53,000 after purchasing an additional 288 shares during the period. Finally, Strive Financial Group LLC acquired a new position in Donaldson during the fourth quarter valued at approximately $57,000. 82.81% of the stock is currently owned by institutional investors.

Donaldson Stock Up 0.5%

Shares of DCI opened at $91.09 on Friday. The business's 50 day simple moving average is $92.37 and its 200-day simple moving average is $89.66. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.08 and a quick ratio of 1.41. Donaldson Company, Inc. has a one year low of $79.42 and a one year high of $112.84. The company has a market capitalization of $10.56 billion, a P/E ratio of 23.66, a PEG ratio of 2.09 and a beta of 0.92.

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

Donaldson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 31st. Stockholders of record on Monday, August 17th were given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date was Monday, August 17th. Donaldson's dividend payout ratio is presently 33.25%.

Analyst Ratings Changes

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

Donaldson Company Profile

Donaldson Company, Inc NYSE: DCI is a global provider of filtration systems and replacement parts for a wide range of industries. The company develops and manufactures air, liquid and gas filtration solutions for engine and industrial applications, helping customers improve performance, lower emissions and extend equipment life. Donaldson's product portfolio includes engine air intake filters, fuel filters, hydraulic filters, compressor filters, dust collection systems and gas turbine air intake systems.

Serving markets such as agriculture, construction, mining, power generation, aerospace and original equipment manufacturing, Donaldson operates through two primary business segments: Engine Products and Industrial Products.

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