Quantbot Technologies LP Acquires 8,617 Shares of Donaldson Company, Inc. $DCI

Quantbot Technologies LP raised its holdings in Donaldson Company, Inc. (NYSE:DCI) by 92.3% during the third quarter, HoldingsChannel reports. The firm owned 17,955 shares of the industrial products company’s stock after acquiring an additional 8,617 shares during the quarter. Quantbot Technologies LP’s holdings in Donaldson were worth $1,470,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Verdence Capital Advisors LLC boosted its stake in Donaldson by 1.6% in the third quarter. Verdence Capital Advisors LLC now owns 8,502 shares of the industrial products company’s stock valued at $711,000 after buying an additional 131 shares in the last quarter. AMG National Trust Bank lifted its holdings in shares of Donaldson by 0.6% in the third quarter. AMG National Trust Bank now owns 21,713 shares of the industrial products company’s stock worth $1,777,000 after acquiring an additional 134 shares during the last quarter. Renaissance Group LLC boosted its stake in shares of Donaldson by 2.2% in the 2nd quarter. Renaissance Group LLC now owns 7,560 shares of the industrial products company’s stock valued at $524,000 after purchasing an additional 161 shares in the last quarter. State of Michigan Retirement System boosted its stake in shares of Donaldson by 0.7% in the 2nd quarter. State of Michigan Retirement System now owns 28,758 shares of the industrial products company’s stock valued at $1,994,000 after purchasing an additional 200 shares in the last quarter. Finally, Trillium Asset Management LLC grew its holdings in shares of Donaldson by 5.8% during the 2nd quarter. Trillium Asset Management LLC now owns 3,814 shares of the industrial products company’s stock valued at $265,000 after purchasing an additional 210 shares during the last quarter. Institutional investors own 82.81% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on DCI shares. Robert W. Baird cut their target price on shares of Donaldson from $110.00 to $104.00 and set an “outperform” rating on the stock in a research report on Friday, February 27th. Morgan Stanley upgraded Donaldson from an “underweight” rating to an “equal weight” rating and increased their price target for the company from $72.00 to $84.00 in a research note on Monday, November 24th. Jefferies Financial Group boosted their price objective on Donaldson to $123.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Weiss Ratings reiterated a “buy (b)” rating on shares of Donaldson in a research report on Friday, January 9th. Finally, Stifel Nicolaus lifted their price target on Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research note on Friday, December 5th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Donaldson currently has an average rating of “Moderate Buy” and a consensus target price of $100.60.

Donaldson Stock Down 1.9%

Shares of NYSE:DCI opened at $91.64 on Friday. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $112.84. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.29 and a quick ratio of 1.46. The business’s 50-day moving average is $100.12 and its 200-day moving average is $89.78. The company has a market capitalization of $10.61 billion, a price-to-earnings ratio of 28.64, a P/E/G ratio of 2.35 and a beta of 1.02.

Donaldson (NYSE:DCI) last issued its earnings results on Thursday, February 26th. The industrial products company reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.07). Donaldson had a return on equity of 29.85% and a net margin of 10.09%.The business had revenue of $896.30 million during the quarter, compared to the consensus estimate of $898.64 million. During the same quarter in the previous year, the firm posted $0.83 earnings per share. The company’s revenue for the quarter was up 3.0% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. Equities research analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Thursday, February 12th. Donaldson’s payout ratio is presently 37.50%.

Insider Transactions at Donaldson

In related news, CFO Bradley J. Pogalz sold 566 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $91.57, for a total transaction of $51,828.62. Following the transaction, the chief financial officer directly owned 434 shares of the company’s stock, valued at $39,741.38. This represents a 56.60% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.20% of the stock is currently owned by corporate insiders.

About Donaldson

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.