Donaldson (NYSE:DCI) Director Ajita Rajendra Sells 19,800 Shares

Donaldson Company, Inc. (NYSE:DCI) Director Ajita Rajendra sold 19,800 shares of Donaldson stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $92.04, for a total value of $1,822,392.00. Following the sale, the director directly owned 43,993 shares of the company’s stock, valued at approximately $4,049,115.72. This represents a 31.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Donaldson Stock Performance

Shares of NYSE:DCI traded down $0.46 during trading on Monday, hitting $91.98. The stock had a trading volume of 358,701 shares, compared to its average volume of 604,575. The stock has a market capitalization of $10.61 billion, a price-to-earnings ratio of 28.67, a price-to-earnings-growth ratio of 2.29 and a beta of 0.99. Donaldson Company, Inc. has a 12-month low of $57.45 and a 12-month high of $95.00. The stock has a 50-day simple moving average of $85.15 and a two-hundred day simple moving average of $77.54. The company has a quick ratio of 1.39, a current ratio of 2.15 and a debt-to-equity ratio of 0.44.

Donaldson (NYSE:DCI) last posted its earnings results on Thursday, December 4th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. Donaldson had a net margin of 10.25% and a return on equity of 30.24%. The company had revenue of $935.40 million during the quarter, compared to the consensus estimate of $922.68 million. During the same period in the previous year, the firm posted $0.83 earnings per share. The firm’s quarterly revenue was up 3.9% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. On average, equities research analysts expect that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Friday, December 5th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Friday, December 5th. Donaldson’s payout ratio is currently 37.38%.

Institutional Trading of Donaldson

Hedge funds have recently made changes to their positions in the company. Focus Partners Wealth lifted its holdings in Donaldson by 314.0% during the 1st quarter. Focus Partners Wealth now owns 57,028 shares of the industrial products company’s stock worth $3,824,000 after buying an additional 43,254 shares during the last quarter. Brandywine Global Investment Management LLC acquired a new stake in shares of Donaldson during the 1st quarter worth about $4,849,000. Deutsche Bank AG lifted its stake in Donaldson by 112.6% during the first quarter. Deutsche Bank AG now owns 27,570 shares of the industrial products company’s stock worth $1,849,000 after purchasing an additional 14,603 shares during the last quarter. T. Rowe Price Investment Management Inc. boosted its holdings in Donaldson by 6.6% in the first quarter. T. Rowe Price Investment Management Inc. now owns 668,399 shares of the industrial products company’s stock valued at $44,823,000 after purchasing an additional 41,623 shares in the last quarter. Finally, Voya Investment Management LLC increased its stake in Donaldson by 20.9% in the first quarter. Voya Investment Management LLC now owns 157,802 shares of the industrial products company’s stock valued at $10,582,000 after purchasing an additional 27,325 shares during the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the company. Morgan Stanley upgraded Donaldson from an “underweight” rating to an “equal weight” rating and raised their target price for the company from $72.00 to $84.00 in a research report on Monday, November 24th. Wall Street Zen upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Robert W. Baird set a $100.00 price objective on shares of Donaldson in a report on Friday. Stifel Nicolaus raised their target price on shares of Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a research note on Friday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Donaldson in a report on Tuesday, October 14th. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $93.33.

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.