Steph & Co. Invests $46,000 in Donaldson Company, Inc. $DCI

Steph & Co. bought a new position in Donaldson Company, Inc. (NYSE:DCI) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 662 shares of the industrial products company’s stock, valued at approximately $46,000.

Other hedge funds have also recently made changes to their positions in the company. Impax Asset Management Group plc increased its position in shares of Donaldson by 27.5% during the 1st quarter. Impax Asset Management Group plc now owns 878,632 shares of the industrial products company’s stock valued at $58,130,000 after purchasing an additional 189,580 shares during the last quarter. OneDigital Investment Advisors LLC grew its position in Donaldson by 22.5% in the first quarter. OneDigital Investment Advisors LLC now owns 3,697 shares of the industrial products company’s stock worth $248,000 after acquiring an additional 680 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Donaldson by 2.1% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 379,925 shares of the industrial products company’s stock worth $25,478,000 after purchasing an additional 7,663 shares during the period. GAMMA Investing LLC boosted its position in Donaldson by 162.5% in the 1st quarter. GAMMA Investing LLC now owns 2,428 shares of the industrial products company’s stock valued at $163,000 after buying an additional 1,503 shares during the period. Finally, Cambridge Investment Research Advisors Inc. lifted its position in shares of Donaldson by 78.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 5,555 shares of the industrial products company’s stock worth $372,000 after purchasing an additional 2,435 shares during the period. 82.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Donaldson Trading Up 1.2%

DCI opened at $81.01 on Friday. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $83.31. The business has a fifty day simple moving average of $76.48 and a 200-day simple moving average of $70.76. The firm has a market cap of $9.44 billion, a P/E ratio of 26.56, a P/E/G ratio of 1.90 and a beta of 1.01. The company has a quick ratio of 1.25, a current ratio of 1.93 and a debt-to-equity ratio of 0.43.

Donaldson (NYSE:DCI) last announced its earnings results on Wednesday, August 27th. The industrial products company reported $1.03 EPS for the quarter, beating 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 company had revenue of $980.70 million during the quarter, compared to analysts’ expectations of $951.59 million. During the same period last year, the business posted $0.94 EPS. Donaldson’s revenue for the quarter 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 expect that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Tuesday, August 12th were given a $0.30 dividend. 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 39.34%.

Insider Buying and Selling at Donaldson

In other news, President Guillermo Briseno sold 13,500 shares of Donaldson stock in a transaction on Wednesday, September 3rd. The stock was 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 of the company’s stock, valued at $2,000,170.27. The trade was a 34.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Amy C. Becker sold 18,500 shares of the company’s stock in a transaction on 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 owned 44,645 shares of the company’s stock, valued at $3,647,942.95. The trade was a 29.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 63,900 shares of company stock worth $5,129,264. 2.70% of the stock is owned by insiders.

About Donaldson

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.