Fiduciary Management Inc. WI Has $167.63 Million Position in Donaldson Company, Inc. $DCI

Key Points

• Fiduciary Management Inc. WI increased its stake in Donaldson Company, Inc. by 13.1% during Q1, owning approximately 2,499,756 shares worth about $167 million.
• Analysts have mixed ratings on Donaldson, with one maintaining a "Buy" rating, another downgrading to "Hold," and an average target price of $70.00.
• Donaldson recently announced a quarterly dividend of $0.30, set to be paid on August 27th, representing a 1.6% yield annually.

Fiduciary Management Inc. WI boosted its holdings in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 13.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,499,756 shares of the industrial products company's stock after acquiring an additional 290,477 shares during the quarter. Donaldson accounts for 1.6% of Fiduciary Management Inc. WI's portfolio, making the stock its 25th largest position. Fiduciary Management Inc. WI owned about 2.09% of Donaldson worth $167,634,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its position in Donaldson by 12.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,818,227 shares of the industrial products company's stock valued at $121,926,000 after acquiring an additional 202,746 shares during the period. Fuller & Thaler Asset Management Inc. increased its position in Donaldson by 0.3% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,598,281 shares of the industrial products company's stock valued at $107,181,000 after acquiring an additional 4,041 shares during the period. Close Asset Management Ltd increased its position in Donaldson by 27.9% in the 1st 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 period. Janus Henderson Group PLC increased its position in Donaldson by 1.8% in the 4th quarter. Janus Henderson Group PLC now owns 1,297,229 shares of the industrial products company's stock valued at $87,369,000 after acquiring an additional 22,458 shares during the period. Finally, Northern Trust Corp boosted its stake in Donaldson by 13.8% during the 4th quarter. Northern Trust Corp now owns 1,198,173 shares of the industrial products company's stock valued at $80,697,000 after purchasing an additional 145,275 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Donaldson Price Performance

Shares of NYSE:DCI traded up $1.8450 on Friday, reaching $75.7350. 636,298 shares of the company traded hands, compared to its average volume of 514,822. Donaldson Company, Inc. has a fifty-two week low of $57.45 and a fifty-two week high of $78.95. The company's 50 day moving average is $71.32 and its 200-day moving average is $68.86. The stock has a market capitalization of $8.82 billion, a PE ratio of 25.41, a P/E/G ratio of 1.85 and a beta of 0.99. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.94 and a quick ratio of 1.24.

Donaldson (NYSE:DCI - Get Free Report) last announced its quarterly earnings data on Tuesday, June 3rd. The industrial products company reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.04. Donaldson had a return on equity of 28.86% and a net margin of 9.94%.The company had revenue of $940.10 million during the quarter, compared to the consensus estimate of $936.02 million. During the same quarter in the prior year, the firm earned $0.92 EPS. The company's quarterly revenue was up 1.3% compared to the same quarter last year. Donaldson has set its FY 2025 guidance at 3.640-3.700 EPS. As a group, analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, August 27th. Shareholders of record on Tuesday, August 12th will be paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend is Tuesday, August 12th. Donaldson's payout ratio is 40.27%.

Analyst Ratings Changes

DCI has been the subject of a number of research reports. Wall Street Zen lowered Donaldson from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Morgan Stanley reaffirmed an "underweight" rating and set a $69.00 price target (up from $65.00) on shares of Donaldson in a research note on Friday, June 6th. Finally, Robert W. Baird increased their price target on Donaldson from $76.00 to $78.00 and gave the company an "outperform" rating in a research note on Wednesday, June 4th. 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's stock. According to data from MarketBeat.com, Donaldson presently has a consensus rating of "Hold" and a consensus price target of $70.00.

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.