4,992 Shares in Donaldson Company, Inc. $DCI Purchased by Perbak Capital Partners LLP

Key Points

• Perbak Capital Partners LLP purchased 4,992 shares of Donaldson Company, Inc. for approximately $335,000, marking a significant new stake in the industrial products firm.
• Donaldson reported a quarterly earnings boost with an EPS of $1.03, exceeding analyst estimates and showing a 4.8% revenue increase year-over-year.
• The company announced a quarterly dividend of $0.30 per share, resulting in a 1.5% dividend yield, with a payout ratio of 39.34%.

Perbak Capital Partners LLP purchased a new position in Donaldson Company, Inc. (NYSE:DCI - Free Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 4,992 shares of the industrial products company's stock, valued at approximately $335,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of DCI. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of Donaldson by 75.3% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,330,602 shares of the industrial products company's stock valued at $223,350,000 after acquiring an additional 1,430,120 shares in the last quarter. Carnegie Investment Counsel bought a new stake in shares of Donaldson in the 1st quarter valued at $23,147,000. Fiduciary Management Inc. WI increased its stake in shares of Donaldson by 13.1% in the 1st quarter. Fiduciary Management Inc. WI now owns 2,499,756 shares of the industrial products company's stock valued at $167,634,000 after acquiring an additional 290,477 shares in the last quarter. Close Asset Management Ltd increased its stake in shares of Donaldson by 27.9% in the 1st quarter. Close Asset Management Ltd now owns 1,298,164 shares of the industrial products company's stock valued at $87,074,000 after acquiring an additional 283,060 shares in the last quarter. Finally, Nuveen LLC bought a new stake in shares of Donaldson in the 1st quarter valued at $15,747,000. Institutional investors and hedge funds own 82.81% of the company's stock.

Donaldson Stock Up 0.5%

DCI stock traded up $0.42 during midday trading on Friday, reaching $81.04. 555,782 shares of the company's stock traded hands, compared to its average volume of 701,991. The company has a market cap of $9.44 billion, a price-to-earnings ratio of 26.57, a P/E/G ratio of 1.92 and a beta of 1.00. The firm's fifty day moving average price is $73.41 and its 200-day moving average price is $69.54. The company has a quick ratio of 1.25, a current ratio of 1.93 and a debt-to-equity ratio of 0.43. 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 firm had revenue of $980.70 million for 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 business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.94 EPS. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. As a group, sell-side analysts forecast that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders of record on Tuesday, August 12th were issued 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 of this dividend was Tuesday, August 12th. Donaldson's payout ratio is currently 39.34%.

Wall Street Analyst Weigh In

DCI has been the subject of several research analyst reports. 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 research note on Tuesday, September 2nd. Robert W. Baird lifted their price objective on shares of Donaldson from $78.00 to $85.00 and gave the company an "outperform" rating in a research note on Friday, August 29th. Wall Street Zen lowered shares of Donaldson from a "buy" rating to a "hold" rating in a research note on Saturday, July 5th. Finally, 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 research note on Thursday, August 28th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $80.33.

Insiders Place Their Bets

In other Donaldson news, insider Amy C. Becker sold 18,500 shares of Donaldson stock in a transaction on 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 transaction, the insider directly owned 44,645 shares of the company's stock, valued at $3,647,942.95. The trade was a 29.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Guillermo Briseno sold 13,500 shares of Donaldson stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $79.03, for a total transaction of $1,066,905.00. Following the transaction, 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 disclosure for this sale can be found here. Insiders have sold 63,900 shares of company stock valued at $5,129,264 in the last three months. 2.70% of the stock is currently owned by insiders.

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.