JGP Wealth Management LLC Takes Position in Donaldson Company, Inc. $DCI

JGP Wealth Management LLC acquired a new stake in Donaldson Company, Inc. (NYSE:DCI) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 18,554 shares of the industrial products company’s stock, valued at approximately $1,645,000.

Several other hedge funds have also recently bought and sold shares of DCI. Verdence Capital Advisors LLC lifted its position in shares of Donaldson by 1.6% in the third quarter. Verdence Capital Advisors LLC now owns 8,502 shares of the industrial products company’s stock worth $711,000 after buying an additional 131 shares during the last quarter. AMG National Trust Bank increased its holdings in shares of Donaldson by 0.6% during the 3rd quarter. AMG National Trust Bank now owns 21,713 shares of the industrial products company’s stock valued at $1,777,000 after acquiring an additional 134 shares during the last quarter. Laird Norton Wetherby Wealth Management LLC increased its holdings in shares of Donaldson by 4.3% during the 3rd quarter. Laird Norton Wetherby Wealth Management LLC now owns 4,008 shares of the industrial products company’s stock valued at $328,000 after acquiring an additional 164 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Donaldson by 3.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 6,128 shares of the industrial products company’s stock valued at $502,000 after acquiring an additional 210 shares in the last quarter. Finally, True Wealth Design LLC raised its stake in shares of Donaldson by 203.7% in the 3rd quarter. True Wealth Design LLC now owns 325 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 218 shares in the last quarter. 82.81% of the stock is owned by institutional investors and hedge funds.

Donaldson Stock Up 2.4%

DCI opened at $85.64 on Tuesday. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $112.84. The company has a current ratio of 2.29, a quick ratio of 1.46 and a debt-to-equity ratio of 0.43. The stock has a market capitalization of $9.92 billion, a price-to-earnings ratio of 26.76, a P/E/G ratio of 2.11 and a beta of 1.02. The business has a 50 day moving average of $98.88 and a 200-day moving average of $90.69.

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

Donaldson Announces Dividend

The company 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. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $1.20 dividend on an annualized basis and a yield of 1.4%. Donaldson’s dividend payout ratio (DPR) is 37.50%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on DCI. 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. Weiss Ratings reissued a “buy (b)” rating on shares of Donaldson in a research report on Friday, January 9th. Wall Street Zen downgraded shares of Donaldson from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Morgan Stanley lowered their target price on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a research note on Monday, March 9th. Finally, Jefferies Financial Group lifted their target price on shares of Donaldson to $123.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Donaldson currently has an average rating of “Moderate Buy” and a consensus price target of $102.00.

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.