Donaldson Company, Inc. $DCI Stake Cut by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC cut its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 42.1% in the third quarter, HoldingsChannel reports. The fund owned 214,916 shares of the industrial products company’s stock after selling 156,369 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Donaldson were worth $17,700,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. State Street Corp lifted its position in shares of Donaldson by 0.7% in the second quarter. State Street Corp now owns 5,221,808 shares of the industrial products company’s stock worth $362,132,000 after purchasing an additional 36,866 shares in the last quarter. Boston Trust Walden Corp grew its position in Donaldson by 7.8% during the second quarter. Boston Trust Walden Corp now owns 2,825,916 shares of the industrial products company’s stock valued at $195,977,000 after purchasing an additional 203,957 shares in the last quarter. Geode Capital Management LLC increased its stake in Donaldson by 0.8% in the 2nd quarter. Geode Capital Management LLC now owns 2,821,115 shares of the industrial products company’s stock valued at $195,667,000 after buying an additional 21,334 shares during the period. American Century Companies Inc. lifted its position in Donaldson by 3.6% in the 2nd quarter. American Century Companies Inc. now owns 1,545,416 shares of the industrial products company’s stock worth $107,175,000 after buying an additional 53,619 shares in the last quarter. Finally, Norges Bank purchased a new stake in Donaldson in the 2nd quarter worth approximately $68,759,000. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on DCI shares. Morgan Stanley upgraded shares of Donaldson from an “underweight” rating to an “equal weight” rating and boosted their price target for the company from $72.00 to $84.00 in a report on Monday, November 24th. Weiss Ratings reissued a “buy (b)” rating on shares of Donaldson in a research report on Friday, January 9th. Jefferies Financial Group upgraded Donaldson from a “hold” rating to a “buy” rating and boosted their target price for the company from $92.00 to $120.00 in a research note on Friday, January 9th. Stifel Nicolaus upped their target price on Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a research report on Friday, December 5th. Finally, Robert W. Baird set a $100.00 price target on Donaldson in a report on Friday, December 5th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Donaldson currently has a consensus rating of “Moderate Buy” and a consensus price target of $100.00.

Donaldson Trading Up 0.1%

Shares of NYSE:DCI opened at $102.41 on Friday. The stock has a market capitalization of $11.81 billion, a PE ratio of 31.90, a P/E/G ratio of 2.53 and a beta of 0.99. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $103.78. The firm has a fifty day moving average price of $92.02 and a 200 day moving average price of $83.15. The company has a current ratio of 2.15, a quick ratio of 1.39 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 for the quarter, beating the consensus estimate of $0.93 by $0.01. Donaldson had a return on equity of 30.24% and a net margin of 10.25%.The company had revenue of $935.40 million for the quarter, compared to analyst estimates of $922.68 million. During the same period last year, the company earned $0.83 earnings per share. The business’s revenue was up 3.9% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. Analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Friday, December 5th were issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, December 5th. Donaldson’s payout ratio is 37.38%.

Insider Activity at Donaldson

In related news, CFO Bradley J. Pogalz sold 566 shares of Donaldson stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $91.57, for a total value of $51,828.62. Following the transaction, the chief financial officer owned 434 shares in the company, valued at $39,741.38. This trade represents a 56.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ajita G. Rajendra sold 19,800 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $92.04, for a total transaction of $1,822,392.00. Following the sale, the director owned 43,993 shares of the company’s stock, valued at $4,049,115.72. This trade represents a 31.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 2.20% of the company’s stock.

Donaldson Profile

Donaldson Company, Inc (NYSE: DCI) is a global provider of filtration systems and replacement parts for a wide range of industries. The company develops and manufactures air, liquid and gas filtration solutions for engine and industrial applications, helping customers improve performance, lower emissions and extend equipment life. Donaldson’s product portfolio includes engine air intake filters, fuel filters, hydraulic filters, compressor filters, dust collection systems and gas turbine air intake systems.

Serving markets such as agriculture, construction, mining, power generation, aerospace and original equipment manufacturing, Donaldson operates through two primary business segments: Engine Products and Industrial Products.