PDT Partners LLC Buys New Position in Donaldson Company, Inc. $DCI

Key Points

• PDT Partners acquired 36,552 Donaldson shares in the second quarter, valued at approximately $3.28 million. Institutional investors collectively own 82.81% of DCI’s outstanding stock.
• Donaldson beat quarterly expectations with EPS of $1.15 and revenue of $1.06 billion, up 8% year over year. However, fiscal 2027 EPS guidance of $4.22–$4.38 came in below the $4.40 analyst consensus.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $99.50, while Donaldson declared a quarterly dividend of $0.32 per share, representing a 1.3% annualized yield.

PDT Partners LLC purchased a new position in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 36,552 shares of the industrial products company's stock, valued at approximately $3,281,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DCI. Palisade Capital Management LP acquired a new stake in shares of Donaldson during the second quarter worth $3,338,000. Legal & General Group Plc bought a new position in Donaldson during the second quarter worth $14,174,000. The Manufacturers Life Insurance Company acquired a new position in Donaldson in the second quarter valued at $7,182,000. Sanctuary Advisors LLC bought a new stake in Donaldson during the second quarter valued at $703,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Donaldson during the 2nd quarter worth about $5,043,000. Institutional investors and hedge funds own 82.81% of the company's stock.

Analyst Ratings Changes

Several research firms have recently weighed in on DCI. Robert W. Baird lifted their price objective on Donaldson from $95.00 to $105.00 and gave the stock an "outperform" rating in a research report on Wednesday, August 19th. Wells Fargo & Company set a $91.00 target price on Donaldson in a report on Thursday, June 4th. Wall Street Zen raised Donaldson from a "hold" rating to a "buy" rating in a research note on Sunday, August 9th. Stifel Nicolaus cut their price target on Donaldson from $96.00 to $91.00 and set a "hold" rating on the stock in a report on Thursday, June 4th. Finally, Weiss Ratings upgraded shares of Donaldson from a "buy (b-)" rating to a "buy (b)" rating in a research note on Thursday, August 20th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $99.50.

Donaldson Stock Up 2.0%

DCI stock opened at $95.14 on Thursday. The stock's fifty day simple moving average is $91.75 and its two-hundred day simple moving average is $90.44. The company has a current ratio of 2.35, a quick ratio of 1.55 and a debt-to-equity ratio of 0.35. The stock has a market cap of $11.03 billion, a P/E ratio of 25.58, a P/E/G ratio of 2.13 and a beta of 0.92. Donaldson Company, Inc. has a 1-year low of $75.70 and a 1-year high of $112.84.

Donaldson (NYSE:DCI - Get Free Report) last posted its earnings results on Wednesday, August 26th. The industrial products company reported $1.15 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.02. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter last year, the company earned $1.03 earnings per share. The company's revenue was up 8.0% on a year-over-year basis. Donaldson has set its FY 2027 guidance at 4.220-4.380 EPS. Analysts expect that Donaldson Company, Inc. will post 3.96 EPS for the current year.

Donaldson Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be given a dividend of $0.32 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $1.28 dividend on an annualized basis and a yield of 1.3%. Donaldson's dividend payout ratio is presently 34.41%.

Trending Headlines about Donaldson

Here are the key news stories impacting Donaldson this week:

• Positive Sentiment: Fourth-quarter beat: Donaldson reported adjusted earnings of $1.15 per share, above the $1.12-$1.13 analyst consensus, while revenue reached approximately $1.06 billion versus expectations of $1.04 billion. Revenue increased 8% from the prior year, and earnings rose from $1.03 per share. Donaldson shares gain 6% after fourth-quarter earnings and revenue beat forecasts
• Positive Sentiment: Record full-year performance: Fiscal 2026 GAAP net earnings increased to $453.8 million from $367.0 million, while full-year GAAP EPS rose to $3.85 from $3.05. Fourth-quarter GAAP net earnings also improved to $129.3 million from $114.3 million. Donaldson Reports Record Fourth Quarter and Full-Year 2026 Sales and Earnings
• Positive Sentiment: Strong operating profile: Donaldson reported a 29.17% return on equity and an 11.52% net margin. The earnings beat and record results helped support the positive market reaction. Donaldson tops Q4 earnings and revenue estimates
• Neutral Sentiment: Fiscal 2027 revenue outlook: Management forecast revenue of $4.1 billion to $4.3 billion, broadly consistent with the $4.2 billion consensus estimate. Donaldson Q4 2026 earnings call transcript
• Negative Sentiment: Profit guidance lagged expectations: Fiscal 2027 EPS guidance of $4.22 to $4.38 was below the $4.40 analyst consensus. This may limit further upside despite the strong fiscal 2026 results. Donaldson Q4 earnings key metrics versus estimates

Donaldson Profile

Donaldson Company, Inc NYSE: DCI is a global provider of filtration systems and replacement parts for a wide range of industries. The company develops and manufactures air, liquid and gas filtration solutions for engine and industrial applications, helping customers improve performance, lower emissions and extend equipment life. Donaldson's product portfolio includes engine air intake filters, fuel filters, hydraulic filters, compressor filters, dust collection systems and gas turbine air intake systems.

Serving markets such as agriculture, construction, mining, power generation, aerospace and original equipment manufacturing, Donaldson operates through two primary business segments: Engine Products and Industrial Products.

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