Dorsey & Whitney Trust CO LLC Decreases Stock Holdings in Donaldson Company, Inc. $DCI

Dorsey & Whitney Trust CO LLC trimmed its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 17.9% in the 4th quarter, Holdings Channel reports. The firm owned 40,111 shares of the industrial products company’s stock after selling 8,770 shares during the period. Dorsey & Whitney Trust CO LLC’s holdings in Donaldson were worth $3,556,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Leonteq Securities AG bought a new stake in Donaldson during the fourth quarter valued at approximately $40,000. Eagle Bay Advisors LLC bought a new stake in Donaldson during the fourth quarter valued at approximately $45,000. Clearstead Advisors LLC grew its position in Donaldson by 92.6% during the fourth quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company’s stock valued at $53,000 after buying an additional 288 shares during the period. Steph & Co. grew its position in Donaldson by 76.4% during the fourth quarter. Steph & Co. now owns 944 shares of the industrial products company’s stock valued at $84,000 after buying an additional 409 shares during the period. Finally, CENTRAL TRUST Co grew its position in Donaldson by 40.3% during the third quarter. CENTRAL TRUST Co now owns 1,024 shares of the industrial products company’s stock valued at $84,000 after buying an additional 294 shares during the period. 82.81% of the stock is currently owned by institutional investors.

Donaldson Stock Performance

DCI opened at $83.75 on Thursday. The firm has a market cap of $9.71 billion, a P/E ratio of 22.51, a PEG ratio of 2.18 and a beta of 0.95. Donaldson Company, Inc. has a 1-year low of $67.71 and a 1-year high of $112.84. The company has a 50 day simple moving average of $85.77 and a two-hundred day simple moving average of $91.75. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.35 and a quick ratio of 1.55.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.05 by $0.01. The business had revenue of $995.10 million during the quarter, compared to analyst estimates of $973.65 million. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. The company’s revenue was up 5.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.99 earnings per share. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Equities analysts forecast that Donaldson Company, Inc. will post 3.96 earnings per share for the current fiscal year.

Donaldson Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be given a dividend of $0.32 per share. This is a positive change from Donaldson’s previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Monday, June 15th. Donaldson’s dividend payout ratio (DPR) is currently 34.41%.

Insider Buying and Selling at Donaldson

In related news, Director James Owens sold 13,753 shares of the company’s stock in a transaction on Tuesday, April 14th. The shares were sold at an average price of $89.21, for a total transaction of $1,226,905.13. Following the completion of the transaction, the director owned 22,565 shares in the company, valued at approximately $2,013,023.65. This represents a 37.87% 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 this hyperlink. Insiders have sold a total of 19,800 shares of company stock worth $1,765,184 in the last three months. 2.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

DCI has been the subject of several recent research reports. Stifel Nicolaus cut their target price on shares of Donaldson from $96.00 to $91.00 and set a “hold” rating for the company in a research report on Thursday, June 4th. Wells Fargo & Company set a $91.00 target price on shares of Donaldson in a research report on Thursday, June 4th. Wall Street Zen upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a research report on Saturday, June 6th. Robert W. Baird dropped their price target on shares of Donaldson from $104.00 to $95.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. Finally, Morgan Stanley dropped their price target on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating for the company in a research report on Monday, March 9th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $97.83.

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.