Jacobs Levy Equity Management Inc. Boosts Position in Donaldson Company, Inc. $DCI

Jacobs Levy Equity Management Inc. increased its stake in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 183.6% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 134,822 shares of the industrial products company's stock after acquiring an additional 87,277 shares during the quarter. Jacobs Levy Equity Management Inc. owned approximately 0.11% of Donaldson worth $9,041,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Impax Asset Management Group plc boosted its position in shares of Donaldson by 27.5% during the 1st quarter. Impax Asset Management Group plc now owns 878,632 shares of the industrial products company's stock worth $58,130,000 after purchasing an additional 189,580 shares in the last quarter. OneDigital Investment Advisors LLC raised its stake in Donaldson by 22.5% during the 1st quarter. OneDigital Investment Advisors LLC now owns 3,697 shares of the industrial products company's stock worth $248,000 after buying an additional 680 shares during the period. Wealth Enhancement Advisory Services LLC boosted its holdings in Donaldson by 2.1% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 379,925 shares of the industrial products company's stock worth $25,478,000 after acquiring an additional 7,663 shares in the last quarter. GAMMA Investing LLC grew its stake in Donaldson by 162.5% in the first quarter. GAMMA Investing LLC now owns 2,428 shares of the industrial products company's stock valued at $163,000 after acquiring an additional 1,503 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in shares of Donaldson by 78.0% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 5,555 shares of the industrial products company's stock valued at $372,000 after acquiring an additional 2,435 shares in the last quarter. 82.81% of the stock is owned by institutional investors.

Insider Activity at Donaldson

In other Donaldson news, Director Trudy A. Rautio sold 31,900 shares of the stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $79.96, for a total transaction of $2,550,724.00. Following the completion of the transaction, the director directly owned 29,330 shares of the company's stock, valued at approximately $2,345,226.80. This represents a 52.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Amy C. Becker sold 18,500 shares of the business's stock in a transaction on 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 completion of the sale, the insider 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 63,900 shares of company stock worth $5,129,264. Insiders own 2.70% of the company's stock.

Donaldson Stock Performance

Shares of NYSE DCI traded down $0.41 during mid-day trading on Friday, reaching $81.20. 279,304 shares of the company's stock were exchanged, compared to its average volume of 598,809. The firm has a 50-day moving average price of $74.23 and a two-hundred day moving average price of $69.86. 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 firm has a market capitalization of $9.46 billion, a price-to-earnings ratio of 26.62, a price-to-earnings-growth ratio of 1.90 and a beta of 1.01. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $83.31.

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

Donaldson Dividend Announcement

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

Analyst Upgrades and Downgrades

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