Freedom Investment Management Inc. Takes Position in Donaldson Company, Inc. $DCI

Key Points

• Freedom Investment Management Inc. has acquired 3,776 shares of Donaldson Company, Inc., valued at approximately $253,000, as per their 13F filing with the SEC.
• Donaldson reported a quarterly EPS of $1.03, exceeding expectations, and projected a FY 2026 guidance of 3.920-4.080 EPS.
• Dividends of $0.30 per share were recently paid to shareholders, representing an annualized yield of 1.5%.

Freedom Investment Management Inc. acquired a new position in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 3,776 shares of the industrial products company's stock, valued at approximately $253,000.

A number of other hedge funds have also modified their holdings of DCI. Carnegie Investment Counsel bought a new position in shares of Donaldson during the first quarter worth about $23,147,000. Fiduciary Management Inc. WI grew its holdings 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 worth $167,634,000 after buying an additional 290,477 shares in the last quarter. Close Asset Management Ltd grew its holdings 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 worth $87,074,000 after buying an additional 283,060 shares in the last quarter. Nuveen LLC bought a new position in shares of Donaldson during the first quarter worth about $15,747,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Donaldson by 12.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,818,227 shares of the industrial products company's stock worth $121,926,000 after buying an additional 202,746 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors.

Donaldson Stock Performance

Shares of NYSE DCI traded down $0.24 during trading hours on Tuesday, reaching $79.43. 297,413 shares of the stock were exchanged, compared to its average volume of 596,698. The firm has a market capitalization of $9.26 billion, a price-to-earnings ratio of 26.00, a P/E/G ratio of 1.89 and a beta of 1.00. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.25 and a current ratio of 1.93. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $83.31. The stock's fifty day simple moving average is $72.55 and its 200 day simple moving average is $69.23.

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

Donaldson Dividend Announcement

The business also recently disclosed 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. 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 (DPR) is 39.34%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Stifel Nicolaus increased their price target on Donaldson from $69.00 to $84.00 and gave the company a "hold" rating in a research report on Thursday, August 28th. Wall Street Zen cut Donaldson from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. Morgan Stanley increased their price target on Donaldson from $69.00 to $72.00 and gave the company an "underweight" rating in a research report on Tuesday. Finally, Robert W. Baird increased their price target on Donaldson from $78.00 to $85.00 and gave the company an "outperform" rating in a research report on Friday. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $80.33.

Donaldson Company 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.