Kera Capital Partners Inc. Takes Position in Donaldson Company, Inc. $DCI

Key Points

• Kera Capital Partners Inc. invested $322,000 in Donaldson Company, acquiring 4,646 shares during the second quarter.
• Donaldson's stock has recently been rated with a consensus "Hold" and a target price of $80.33 by research analysts.
• Donaldson declared a quarterly dividend of $0.30 per share, resulting in an annualized yield of 1.5%.

Kera Capital Partners Inc. purchased a new position in Donaldson Company, Inc. (NYSE:DCI - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 4,646 shares of the industrial products company's stock, valued at approximately $322,000.

Several other institutional investors have also added to or reduced their stakes in DCI. Cullen Frost Bankers Inc. bought a new stake in shares of Donaldson during the 1st quarter valued at $29,000. Brooklyn Investment Group raised its position in shares of Donaldson by 113.9% during the 1st quarter. Brooklyn Investment Group now owns 601 shares of the industrial products company's stock valued at $40,000 after purchasing an additional 320 shares during the period. Wood Tarver Financial Group LLC bought a new stake in shares of Donaldson during the 4th quarter valued at $42,000. CX Institutional bought a new stake in Donaldson in the 1st quarter valued at $53,000. Finally, Smartleaf Asset Management LLC increased its holdings in Donaldson by 34.3% in the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the industrial products company's stock valued at $54,000 after acquiring an additional 205 shares during the last quarter. 82.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have commented on DCI. Robert W. Baird lifted their price objective on shares of Donaldson from $78.00 to $85.00 and gave the stock an "outperform" rating in a research note on Friday, August 29th. Stifel Nicolaus boosted their price target on shares of Donaldson from $69.00 to $84.00 and gave the company a "hold" rating in a report on Thursday, August 28th. Morgan Stanley boosted their price objective on shares of Donaldson from $69.00 to $72.00 and gave the stock an "underweight" rating in a research note on Tuesday, September 2nd. Finally, Wall Street Zen downgraded shares of Donaldson from a "buy" rating to a "hold" rating in a research report on Saturday, July 5th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $80.33.

Donaldson Price Performance

Shares of Donaldson stock traded down $0.50 on Friday, hitting $81.24. The company's stock had a trading volume of 163,436 shares, compared to its average volume of 597,026. 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 1 year low of $57.45 and a 1 year high of $83.31. The firm has a fifty day moving average price of $75.23 and a 200-day moving average price of $70.28. The company has a market capitalization of $9.47 billion, a price-to-earnings ratio of 26.64, a price-to-earnings-growth ratio of 1.91 and a beta of 1.01.

Donaldson (NYSE:DCI - Get Free Report) last announced its quarterly earnings results on Wednesday, August 27th. The industrial products company reported $1.03 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.01. The firm had revenue of $980.70 million during the quarter, compared to analyst estimates of $951.59 million. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.Donaldson's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.94 EPS. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. As a group, sell-side analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal 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 given a dividend of $0.30 per share. The ex-dividend date was Tuesday, August 12th. This represents a $1.20 dividend on an annualized basis and a yield of 1.5%. Donaldson's dividend payout ratio is currently 39.34%.

Insiders Place Their Bets

In other news, President Guillermo Briseno sold 13,500 shares of the stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $79.03, for a total value of $1,066,905.00. Following the completion of the sale, the president directly owned 25,309 shares in the company, valued at $2,000,170.27. This represents a 34.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Amy C. Becker sold 18,500 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $81.71, for a total transaction of $1,511,635.00. Following the completion of the sale, the insider owned 44,645 shares of the company's stock, valued at $3,647,942.95. This trade represents a 29.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 63,900 shares of company stock worth $5,129,264. Company insiders own 2.70% of the company's stock.

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.