Jacobs Levy Equity Management Inc. Has $9.04 Million Holdings in Donaldson Company, Inc. $DCI

Jacobs Levy Equity Management Inc. increased its stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 183.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,822 shares of the industrial products company's stock after acquiring an additional 87,277 shares during the period. Jacobs Levy Equity Management Inc. owned approximately 0.11% of Donaldson worth $9,041,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Gotham Asset Management LLC boosted its holdings in shares of Donaldson by 17.5% in the first quarter. Gotham Asset Management LLC now owns 175,956 shares of the industrial products company's stock valued at $11,800,000 after acquiring an additional 26,263 shares in the last quarter. Hancock Whitney Corp boosted its holdings in shares of Donaldson by 3.9% in the first quarter. Hancock Whitney Corp now owns 19,783 shares of the industrial products company's stock valued at $1,327,000 after acquiring an additional 742 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Donaldson by 32.4% in 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 in the last quarter. Advisors Asset Management Inc. boosted its holdings in Donaldson by 25.9% during the first quarter. Advisors Asset Management Inc. now owns 4,768 shares of the industrial products company's stock worth $320,000 after buying an additional 980 shares in the last quarter. Finally, Perbak Capital Partners LLP bought a new stake in Donaldson during the first quarter worth approximately $335,000. 82.81% of the stock is currently owned by institutional investors.

Insider Transactions at Donaldson

In related news, Director Trudy A. Rautio sold 31,900 shares of the firm's stock in a transaction on Thursday, August 28th. The shares were sold at an average price of $79.96, for a total value of $2,550,724.00. Following the transaction, the director directly owned 29,330 shares in the company, valued at approximately $2,345,226.80. This trade represents a 52.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, President Guillermo Briseno sold 13,500 shares of the firm's stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $79.03, for a total transaction of $1,066,905.00. Following the completion of the transaction, the president owned 25,309 shares in the company, valued at $2,000,170.27. The trade was a 34.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 63,900 shares of company stock worth $5,129,264 in the last 90 days. 2.70% of the stock is owned by insiders.

Donaldson Stock Down 0.9%

DCI stock traded down $0.70 during midday trading on Friday, reaching $80.91. The company had a trading volume of 552,893 shares, compared to its average volume of 733,047. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $83.31. The company has a current ratio of 1.93, a quick ratio of 1.25 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $9.43 billion, a P/E ratio of 26.53, a PEG ratio of 1.94 and a beta of 1.01. The company has a 50 day moving average of $74.42 and a two-hundred day moving average of $69.94.

Donaldson (NYSE:DCI - Get Free Report) last released its earnings results 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. Donaldson had a net margin of 9.94% and a return on equity of 29.50%. The company had revenue of $980.70 million during the quarter, compared to the consensus estimate of $951.59 million. During the same quarter in the prior year, the firm earned $0.94 EPS. The company's 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. On average, equities research analysts expect that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

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

Analyst Ratings Changes

A number of analysts recently weighed in on DCI shares. Wall Street Zen cut shares of Donaldson from a "buy" rating to a "hold" rating in a report on Saturday, July 5th. Robert W. Baird raised 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. Morgan Stanley raised their target price on shares of Donaldson from $69.00 to $72.00 and gave the stock an "underweight" rating in a report on Tuesday, September 2nd. Finally, Stifel Nicolaus raised their target price on shares of Donaldson from $69.00 to $84.00 and gave the stock a "hold" rating in a report on Thursday, August 28th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Donaldson presently has an average rating of "Hold" and an average price target 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.