Epoch Investment Partners Inc. Has $78.89 Million Stock Holdings in Donaldson Company, Inc. $DCI

Epoch Investment Partners Inc. lessened its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 7.7% during the 4th quarter, HoldingsChannel reports. The firm owned 889,841 shares of the industrial products company’s stock after selling 74,247 shares during the quarter. Epoch Investment Partners Inc.’s holdings in Donaldson were worth $78,893,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Verdence Capital Advisors LLC grew its holdings in Donaldson by 1.2% during the fourth quarter. Verdence Capital Advisors LLC now owns 8,603 shares of the industrial products company’s stock valued at $763,000 after purchasing an additional 101 shares during the last quarter. TIAA Trust National Association grew its holdings in Donaldson by 2.0% during the fourth quarter. TIAA Trust National Association now owns 5,589 shares of the industrial products company’s stock valued at $496,000 after purchasing an additional 108 shares during the last quarter. Perigon Wealth Management LLC boosted its position in shares of Donaldson by 3.6% in the fourth quarter. Perigon Wealth Management LLC now owns 3,440 shares of the industrial products company’s stock valued at $305,000 after acquiring an additional 118 shares during the period. Signaturefd LLC boosted its position in shares of Donaldson by 9.6% in the fourth quarter. Signaturefd LLC now owns 1,403 shares of the industrial products company’s stock valued at $124,000 after acquiring an additional 123 shares during the period. Finally, Quadrant Capital Group LLC boosted its position in shares of Donaldson by 2.4% in the fourth quarter. Quadrant Capital Group LLC now owns 5,645 shares of the industrial products company’s stock valued at $500,000 after acquiring an additional 132 shares during the period. Institutional investors and hedge funds own 82.81% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on DCI. Wells Fargo & Company set a $91.00 price objective on Donaldson in a research report on Thursday, June 4th. Morgan Stanley reduced their price objective on Donaldson from $93.00 to $91.00 and set an “equal weight” rating for the company in a research report on Monday, March 9th. UBS Group set a $96.00 price objective on Donaldson in a research report on Tuesday, February 24th. Robert W. Baird reduced their price objective on Donaldson from $104.00 to $95.00 and set an “outperform” rating for the company in a research report on Monday, March 30th. Finally, Wall Street Zen cut Donaldson from a “buy” rating to a “hold” rating in a research report on Sunday. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $97.83.

Insider Buying and Selling

In related news, Director James Owens sold 13,753 shares of the firm’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $89.21, for a total value of $1,226,905.13. Following the completion of the transaction, the director directly owned 22,565 shares of the company’s stock, valued at $2,013,023.65. This trade represents a 37.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 19,800 shares of company stock valued at $1,765,184 over the last three months. 2.20% of the stock is owned by company insiders.

Donaldson Stock Up 1.1%

Shares of DCI stock opened at $86.32 on Friday. The stock has a market cap of $10.01 billion, a P/E ratio of 23.20, a price-to-earnings-growth ratio of 2.18 and a beta of 0.95. Donaldson Company, Inc. has a one year low of $67.71 and a one year high of $112.84. The stock has a fifty day moving average price of $85.78 and a 200 day moving average price of $91.69. 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 issued its earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 EPS for the quarter, topping the consensus estimate of $1.05 by $0.01. The firm had revenue of $995.10 million during the quarter, compared to analysts’ expectations of $973.65 million. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.Donaldson’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period last year, the business earned $0.99 earnings per share. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Analysts predict that Donaldson Company, Inc. will post 3.96 earnings per share for the current year.

Donaldson Increases Dividend

The company 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 $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.5%. This is an increase from Donaldson’s previous quarterly dividend of $0.30. The ex-dividend date of this dividend is Monday, June 15th. Donaldson’s dividend payout ratio (DPR) is 34.41%.

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.