Swedbank AB Grows Stock Holdings in Donaldson Company, Inc. $DCI

Swedbank AB boosted its holdings in Donaldson Company, Inc. (NYSE:DCI) by 98.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 514,800 shares of the industrial products company’s stock after buying an additional 255,400 shares during the period. Swedbank AB’s holdings in Donaldson were worth $34,522,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of DCI. Cullen Frost Bankers Inc. purchased a new position in Donaldson in the 1st quarter valued at approximately $29,000. Brooklyn Investment Group boosted its holdings in Donaldson by 113.9% in 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 position in Donaldson in the 4th quarter valued at $42,000. CX Institutional bought a new position in Donaldson in the 1st quarter valued at $53,000. Finally, Smartleaf Asset Management LLC boosted 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 purchasing an additional 205 shares during the period. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DCI has been the subject of several analyst reports. Wall Street Zen downgraded shares of Donaldson from a “buy” rating to a “hold” rating in a report on Saturday, July 5th. Robert W. Baird raised their price target on shares of Donaldson from $78.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Stifel Nicolaus raised 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. Finally, Morgan Stanley lifted their price objective on shares of Donaldson from $69.00 to $72.00 and gave the stock an “underweight” rating in a report on Tuesday, September 2nd. One equities research 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 MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $80.33.

Insider Buying and Selling

In related news, President Guillermo Briseno sold 13,500 shares of Donaldson stock in a transaction on 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 transaction, the president owned 25,309 shares in the company, valued at $2,000,170.27. This trade represents a 34.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Trudy A. Rautio sold 31,900 shares of Donaldson stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $79.96, for a total transaction of $2,550,724.00. Following the completion of the transaction, the director owned 29,330 shares in the company, valued at approximately $2,345,226.80. The trade was a 52.10% decrease in their position. 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 company insiders.

Donaldson Stock Performance

NYSE DCI opened at $80.91 on Friday. Donaldson Company, Inc. has a 52-week low of $57.45 and a 52-week high of $83.31. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.25 and a current ratio of 1.93. The company has a market capitalization of $9.43 billion, a P/E ratio of 26.53, a P/E/G ratio of 1.94 and a beta of 1.01. The company has a fifty day moving average of $74.42 and a 200-day moving average of $69.94.

Donaldson (NYSE:DCI) 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 company had revenue of $980.70 million during 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 firm’s revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.94 EPS. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. As a group, equities research analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Tuesday, August 12th were given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date was Tuesday, August 12th. Donaldson’s dividend payout ratio (DPR) is presently 39.34%.

Donaldson 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.