Donaldson Company, Inc. $DCI Shares Sold by Mountain Pacific Investment Advisers LLC

Mountain Pacific Investment Advisers LLC cut its stake in Donaldson Company, Inc. (NYSE:DCI) by 5.3% in the second quarter, Holdings Channel.com reports. The fund owned 427,196 shares of the industrial products company’s stock after selling 23,997 shares during the quarter. Donaldson comprises about 2.1% of Mountain Pacific Investment Advisers LLC’s portfolio, making the stock its 17th largest holding. Mountain Pacific Investment Advisers LLC’s holdings in Donaldson were worth $29,626,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new position in Donaldson during the 1st quarter worth approximately $29,000. Brooklyn Investment Group grew its position in shares of Donaldson by 113.9% during the first quarter. Brooklyn Investment Group now owns 601 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 320 shares during the last quarter. Steph & Co. acquired a new position in shares of Donaldson in the 2nd quarter valued at $46,000. CX Institutional purchased a new stake in Donaldson in the 1st quarter valued at $53,000. Finally, Smartleaf Asset Management LLC boosted its stake in Donaldson by 34.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the industrial products company’s stock worth $54,000 after purchasing an additional 205 shares during the period. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Donaldson Stock Performance

Shares of DCI stock opened at $82.03 on Thursday. The company has a current ratio of 1.93, a quick ratio of 1.25 and a debt-to-equity ratio of 0.43. The stock has a 50 day simple moving average of $77.12 and a 200-day simple moving average of $71.04. The company has a market cap of $9.51 billion, a price-to-earnings ratio of 26.89, a price-to-earnings-growth ratio of 1.94 and a beta of 0.99. Donaldson Company, Inc. has a 12-month low of $57.45 and a 12-month high of $83.31.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Wednesday, August 27th. The industrial products company reported $1.03 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.01. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The firm had revenue of $980.70 million for the quarter, compared to analyst estimates of $951.59 million. During the same quarter in the prior year, the company posted $0.94 earnings per share. Donaldson’s quarterly revenue was up 4.8% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. On average, equities analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Tuesday, August 12th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $1.20 dividend on an annualized basis and a yield of 1.5%. Donaldson’s payout ratio is currently 39.34%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on DCI shares. Wall Street Zen cut shares of Donaldson from a “buy” rating to a “hold” rating in a report on Saturday, July 5th. Robert W. Baird upped their price objective on Donaldson from $78.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Morgan Stanley lifted their target price on Donaldson from $69.00 to $72.00 and gave the company an “underweight” rating in a research note on Tuesday, September 2nd. Finally, Stifel Nicolaus upped their price target on Donaldson from $69.00 to $84.00 and gave the stock a “hold” rating in a research note on Thursday, August 28th. One research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Donaldson currently has an average rating of “Hold” and an average price target of $80.33.

Insiders Place Their Bets

In other Donaldson news, insider Amy C. Becker sold 18,500 shares of the stock in a transaction dated Thursday, August 28th. The shares were sold at an average price of $81.71, for a total value of $1,511,635.00. Following the completion of the transaction, the insider directly owned 44,645 shares of the company’s stock, valued at approximately $3,647,942.95. This trade represents a 29.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, President Guillermo Briseno sold 13,500 shares of Donaldson stock in a transaction that occurred on Wednesday, September 3rd. The shares were sold at an average price of $79.03, for a total transaction of $1,066,905.00. Following the sale, the president owned 25,309 shares of the company’s stock, valued at approximately $2,000,170.27. The trade was a 34.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 63,900 shares of company stock worth $5,129,264. 2.70% of the stock is owned by company insiders.

Donaldson Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.