UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC Purchases 37,176 Shares of Donaldson Company, Inc. $DCI

Key Points

• UBS Asset Management increased its holdings in Donaldson Company by 8.5% in the first quarter, owning approximately $31.79 million worth of shares.
• Insider transactions included Amy C. Becker selling 18,500 shares and Director Trudy A. Rautio selling 31,900 shares, both on August 28th, indicating significant changes in insider ownership.
• Donaldson reported a net revenue of $980.70 million for the quarter, surpassing analyst expectations, and announced a quarterly dividend of $0.30 per share reflecting a 1.5% yield.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 8.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 474,072 shares of the industrial products company's stock after purchasing an additional 37,176 shares during the quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.40% of Donaldson worth $31,791,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Cullen Frost Bankers Inc. acquired a new stake in shares of Donaldson during the 1st quarter valued at $29,000. Brooklyn Investment Group boosted its stake in Donaldson by 113.9% in the 1st quarter. Brooklyn Investment Group now owns 601 shares of the industrial products company's stock worth $40,000 after purchasing an additional 320 shares during the period. Wood Tarver Financial Group LLC bought a new stake in shares of Donaldson in the 4th quarter valued at about $42,000. CX Institutional acquired a new position in shares of Donaldson during the 1st quarter worth approximately $53,000. Finally, Smartleaf Asset Management LLC boosted its position in Donaldson by 34.3% in the first quarter. Smartleaf Asset Management LLC now owns 802 shares of the industrial products company's stock valued at $54,000 after buying an additional 205 shares in the last quarter. 82.81% of the stock is owned by institutional investors.

Insider Transactions at Donaldson

In related news, President Guillermo Briseno sold 13,500 shares of the stock in a transaction on Wednesday, September 3rd. The stock was 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 transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Amy C. Becker sold 18,500 shares of the 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 of the company's stock, valued at $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 ninety days, insiders sold 63,900 shares of company stock worth $5,129,264. Corporate insiders own 2.70% of the company's stock.

Donaldson Stock Performance

Shares of DCI stock traded down $0.61 during mid-day trading on Friday, reaching $81.13. The stock had a trading volume of 2,166,991 shares, compared to its average volume of 738,022. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $83.31. The company has a quick ratio of 1.25, a current ratio of 1.93 and a debt-to-equity ratio of 0.43. The firm's 50 day simple moving average is $75.45 and its 200 day simple moving average is $70.37. The firm has a market cap of $9.45 billion, a PE ratio of 26.60, a P/E/G ratio of 1.94 and a beta of 1.01.

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

Donaldson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders 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 yield of 1.5%. Donaldson's dividend payout ratio is presently 39.34%.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. Stifel Nicolaus lifted their price objective on shares of Donaldson from $69.00 to $84.00 and gave the company 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. Robert W. Baird raised their price objective on shares of Donaldson from $78.00 to $85.00 and gave the stock an "outperform" rating in a report on Friday, August 29th. Finally, Morgan Stanley upped their price target 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. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus 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.