WCM Investment Management LLC Purchases Shares of 192,822 Donaldson Company, Inc. $DCI

WCM Investment Management LLC acquired a new stake in Donaldson Company, Inc. (NYSE:DCI) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 192,822 shares of the industrial products company’s stock, valued at approximately $15,929,000.

A number of other large investors have also recently bought and sold shares of the company. Pictet Asset Management Holding SA lifted its stake in Donaldson by 10,438.1% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,801,481 shares of the industrial products company’s stock valued at $152,873,000 after acquiring an additional 1,784,386 shares during the period. William Blair Investment Management LLC lifted its position in Donaldson by 26,235.7% during the fourth quarter. William Blair Investment Management LLC now owns 1,707,872 shares of the industrial products company’s stock valued at $151,420,000 after purchasing an additional 1,701,387 shares during the period. Norges Bank purchased a new stake in Donaldson in the fourth quarter valued at $120,186,000. Fuller & Thaler Asset Management Inc. boosted its holdings in Donaldson by 22.0% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,109,595 shares of the industrial products company’s stock valued at $187,037,000 after purchasing an additional 380,419 shares during the last quarter. Finally, Arbejdsmarkedets Tillaegspension acquired a new stake in Donaldson during the 4th quarter worth about $22,872,000. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on DCI shares. Weiss Ratings raised Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Wells Fargo & Company set a $91.00 price target on Donaldson in a research report on Thursday, June 4th. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a report on Sunday, July 12th. Robert W. Baird lowered their price objective on Donaldson from $104.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Finally, Stifel Nicolaus dropped their price objective on shares of Donaldson from $96.00 to $91.00 and set a “hold” rating on the stock in a research note on Thursday, June 4th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $97.83.

Donaldson Stock Performance

Shares of DCI stock opened at $90.27 on Monday. 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 12-month low of $69.58 and a 12-month high of $112.84. The business’s 50 day moving average is $86.03 and its two-hundred day moving average is $91.18. The company has a market capitalization of $10.46 billion, a P/E ratio of 24.27, a P/E/G ratio of 2.28 and a beta of 0.93.

Donaldson (NYSE:DCI) last announced its earnings results on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.05 by $0.01. The firm had revenue of $995.10 million for the quarter, compared to analyst estimates of $973.65 million. Donaldson had a return on equity of 29.17% and a net margin of 11.52%.The business’s revenue was up 5.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.99 EPS. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Analysts expect that Donaldson Company, Inc. will post 3.96 EPS for the current fiscal year.

Donaldson Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Monday, June 15th were given a $0.32 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.4%. This is a positive change from Donaldson’s previous quarterly dividend of $0.30. The ex-dividend date was Monday, June 15th. Donaldson’s dividend payout ratio (DPR) is 34.41%.

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.