Donaldson Company, Inc. $DCI Holdings Trimmed by Heartland Advisors Inc.

Heartland Advisors Inc. lowered its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 4.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 194,794 shares of the industrial products company’s stock after selling 8,675 shares during the quarter. Donaldson accounts for approximately 0.9% of Heartland Advisors Inc.’s investment portfolio, making the stock its 22nd largest position. Heartland Advisors Inc. owned approximately 0.17% of Donaldson worth $17,270,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Illinois Municipal Retirement Fund boosted its stake in Donaldson by 14.4% during the fourth quarter. Illinois Municipal Retirement Fund now owns 39,473 shares of the industrial products company’s stock valued at $3,500,000 after buying an additional 4,965 shares in the last quarter. Financiere des Professionnels Fonds d investissement inc. boosted its stake in Donaldson by 30.9% during the fourth quarter. Financiere des Professionnels Fonds d investissement inc. now owns 3,124 shares of the industrial products company’s stock valued at $277,000 after buying an additional 737 shares in the last quarter. Deutsche Bank AG boosted its stake in Donaldson by 20.1% during the fourth quarter. Deutsche Bank AG now owns 17,399 shares of the industrial products company’s stock valued at $1,543,000 after buying an additional 2,910 shares in the last quarter. Focus Partners Advisor Solutions LLC bought a new position in Donaldson during the fourth quarter valued at about $319,000. Finally, TIAA Trust National Association boosted its stake 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 buying an additional 108 shares in the last quarter. Institutional investors own 82.81% of the company’s stock.

Donaldson Stock Down 2.8%

Shares of Donaldson stock opened at $83.75 on Thursday. The stock has a 50-day moving average price of $85.77 and a 200 day moving average price of $91.75. The company has a market cap of $9.71 billion, a P/E ratio of 22.51, a P/E/G ratio of 2.18 and a beta of 0.95. The company has a current ratio of 2.35, a quick ratio of 1.55 and a debt-to-equity ratio of 0.35. Donaldson Company, Inc. has a 1 year low of $67.71 and a 1 year high of $112.84.

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. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.The company had revenue of $995.10 million during the quarter, compared to the consensus estimate of $973.65 million. During the same period last year, the business earned $0.99 EPS. The business’s quarterly revenue was up 5.9% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. As a group, analysts expect that Donaldson Company, Inc. will post 3.96 EPS for the current fiscal year.

Donaldson Increases Dividend

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

Analyst Ratings Changes

Several brokerages recently weighed in on DCI. Weiss Ratings raised Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. Morgan Stanley reduced their target price on Donaldson from $93.00 to $91.00 and set an “equal weight” rating for the company in a report on Monday, March 9th. Wells Fargo & Company set a $91.00 target price on Donaldson in a report on Thursday, June 4th. UBS Group set a $96.00 target price on Donaldson in a report on Tuesday, February 24th. Finally, Stifel Nicolaus reduced their target price on Donaldson from $96.00 to $91.00 and set a “hold” rating for the company in a report on Thursday, June 4th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $97.83.

Insider Buying and Selling at Donaldson

In other news, Director James Owens sold 13,753 shares of the firm’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $89.21, for a total transaction of $1,226,905.13. Following the completion of the sale, 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders sold 19,800 shares of company stock worth $1,765,184. 2.20% of the stock is owned by company insiders.

Donaldson Profile

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.