Donaldson Company, Inc. $DCI Shares Sold by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. cut its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 16.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 60,008 shares of the industrial products company’s stock after selling 11,426 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in Donaldson were worth $4,024,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Mercer Global Advisors Inc. ADV purchased a new position in Donaldson in the fourth quarter worth approximately $459,000. Ameriprise Financial Inc. raised its holdings in shares of Donaldson by 20.1% in the 4th quarter. Ameriprise Financial Inc. now owns 305,563 shares of the industrial products company’s stock valued at $20,580,000 after purchasing an additional 51,062 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of Donaldson by 82.7% during the 4th quarter. BNP Paribas Financial Markets now owns 96,192 shares of the industrial products company’s stock worth $6,479,000 after purchasing an additional 43,555 shares during the last quarter. Baird Financial Group Inc. lifted its position in shares of Donaldson by 0.9% during the 4th quarter. Baird Financial Group Inc. now owns 35,401 shares of the industrial products company’s stock worth $2,384,000 after purchasing an additional 318 shares during the last quarter. Finally, Captrust Financial Advisors acquired a new position in shares of Donaldson during the fourth quarter worth $398,000. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Amy C. Becker sold 18,500 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $81.71, for a total transaction of $1,511,635.00. Following the completion of the sale, the insider owned 44,645 shares in the company, valued at $3,647,942.95. This represents a 29.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, President Guillermo Briseno sold 13,500 shares of Donaldson stock in a transaction 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 completion of the transaction, the president owned 25,309 shares in the company, valued at approximately $2,000,170.27. This trade represents a 34.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 63,900 shares of company stock valued at $5,129,264. Company insiders own 2.70% of the company’s stock.

Donaldson Trading Up 0.2%

NYSE DCI opened at $81.24 on Tuesday. The firm’s fifty day moving average is $73.65 and its two-hundred day moving average is $69.62. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $83.31. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.25 and a current ratio of 1.93. The firm has a market cap of $9.47 billion, a PE ratio of 26.64, a P/E/G ratio of 1.92 and a beta of 1.00.

Donaldson (NYSE:DCI) last announced its earnings results on Wednesday, August 27th. The industrial products company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.01. Donaldson had a net margin of 9.94% and a return on equity of 29.50%. The business had revenue of $980.70 million during the quarter, compared to the consensus estimate of $951.59 million. During the same quarter in the prior year, the firm earned $0.94 earnings per share. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. Analysts expect 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 Wednesday, August 27th. Shareholders of record on Tuesday, August 12th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Tuesday, August 12th. Donaldson’s dividend payout ratio (DPR) is 39.34%.

Analyst Upgrades and Downgrades

DCI has been the topic of a number of analyst reports. Morgan Stanley raised their price target on Donaldson from $69.00 to $72.00 and gave the company an “underweight” rating in a research note on Tuesday, September 2nd. Robert W. Baird increased their price objective on Donaldson from $78.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Wall Street Zen cut Donaldson from a “buy” rating to a “hold” rating in a research note on Saturday, July 5th. Finally, Stifel Nicolaus upped their price target on Donaldson from $69.00 to $84.00 and gave the company a “hold” rating in a report on Thursday, August 28th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $80.33.

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.