Oak Thistle LLC Takes $1.96 Million Position in Donaldson Company, Inc. $DCI

Oak Thistle LLC bought a new stake in shares of Donaldson Company, Inc. (NYSE:DCI) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 23,916 shares of the industrial products company’s stock, valued at approximately $1,958,000.

A number of other hedge funds have also recently bought and sold shares of the stock. Hantz Financial Services Inc. lifted its holdings in shares of Donaldson by 5,112.5% during the 2nd quarter. Hantz Financial Services Inc. now owns 417 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 409 shares during the period. NewSquare Capital LLC bought a new position in shares of Donaldson in the 2nd quarter valued at about $34,000. Brooklyn Investment Group boosted its position in shares of 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 last quarter. Steph & Co. bought a new stake in shares of Donaldson in the 2nd quarter valued at about $46,000. Finally, Hoese & Co LLP raised its holdings in Donaldson by 266.7% in the second quarter. Hoese & Co LLP now owns 660 shares of the industrial products company’s stock worth $46,000 after purchasing an additional 480 shares during the period. 82.81% of the stock is owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Bradley J. Pogalz sold 566 shares of the company’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $91.57, for a total transaction of $51,828.62. Following the sale, the chief financial officer owned 434 shares in the company, valued at $39,741.38. This represents a 56.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Ajita G. Rajendra sold 19,800 shares of Donaldson stock in a transaction that occurred on 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 completion of the sale, the director owned 43,993 shares of the company’s stock, valued at approximately $4,049,115.72. The trade was a 31.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 2.20% of the company’s stock.

Donaldson Stock Down 1.6%

Shares of NYSE DCI opened at $91.01 on Wednesday. The company has a 50 day simple moving average of $86.49 and a 200 day simple moving average of $78.66. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.15 and a quick ratio of 1.39. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $95.00. The firm has a market cap of $10.50 billion, a PE ratio of 28.35, a price-to-earnings-growth ratio of 2.29 and a beta of 0.99.

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

Donaldson Announces Dividend

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

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Morgan Stanley raised Donaldson from an “underweight” rating to an “equal weight” rating and increased their target price for the stock from $72.00 to $84.00 in a research note on Monday, November 24th. Robert W. Baird set a $100.00 target price on shares of Donaldson in a research note on Friday, December 5th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Donaldson in a report on Tuesday, October 14th. Stifel Nicolaus lifted their target price on Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a report on Friday, December 5th. Finally, Wall Street Zen upgraded Donaldson from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, Donaldson currently has an average rating of “Moderate Buy” and a consensus target price of $93.33.

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.