JGP Wealth Management LLC Invests $1.65 Million in Donaldson Company, Inc. $DCI

JGP Wealth Management LLC bought a new stake in Donaldson Company, Inc. (NYSE:DCI) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,554 shares of the industrial products company’s stock, valued at approximately $1,645,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Diversified Trust Co. bought a new stake in Donaldson in the 4th quarter valued at $212,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Donaldson by 0.8% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 216,645 shares of the industrial products company’s stock worth $19,966,000 after acquiring an additional 1,729 shares during the period. GAMMA Investing LLC boosted its position in shares of Donaldson by 11.4% during the 4th quarter. GAMMA Investing LLC now owns 2,967 shares of the industrial products company’s stock valued at $263,000 after acquiring an additional 304 shares in the last quarter. JPMorgan Chase & Co. increased its stake in Donaldson by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 490,001 shares of the industrial products company’s stock valued at $40,108,000 after acquiring an additional 25,156 shares during the period. Finally, Swiss Life Asset Management Ltd raised its position in Donaldson by 69.5% in the third quarter. Swiss Life Asset Management Ltd now owns 5,233 shares of the industrial products company’s stock worth $428,000 after purchasing an additional 2,146 shares in the last quarter. 82.81% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. UBS Group set a $96.00 price objective on Donaldson in a report on Tuesday, February 24th. Robert W. Baird cut their target price on Donaldson from $110.00 to $104.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Stifel Nicolaus boosted their price target on Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research note on Friday, December 5th. Weiss Ratings reiterated a “buy (b)” rating on shares of Donaldson in a research note on Friday, January 9th. Finally, Wall Street Zen cut Donaldson from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $102.00.

Donaldson Stock Performance

NYSE:DCI opened at $85.64 on Tuesday. The stock has a market capitalization of $9.92 billion, a P/E ratio of 26.76, a price-to-earnings-growth ratio of 2.11 and a beta of 1.02. The company has a current ratio of 2.29, a quick ratio of 1.46 and a debt-to-equity ratio of 0.43. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $112.84. The firm has a 50 day moving average of $98.88 and a 200-day moving average of $90.69.

Donaldson (NYSE:DCI) last released its quarterly earnings results on Thursday, February 26th. The industrial products company reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.07). Donaldson had a return on equity of 29.85% and a net margin of 10.09%.The business had revenue of $896.30 million for the quarter, compared to the consensus estimate of $898.64 million. During the same quarter last year, the company earned $0.83 earnings per share. The firm’s revenue was up 3.0% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. As a group, sell-side analysts anticipate that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were paid a $0.30 dividend. The ex-dividend date was Thursday, February 12th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.4%. Donaldson’s dividend payout ratio (DPR) is 37.50%.

Donaldson Company 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.