UMB Bank n.a. Has $48,000 Holdings in Donaldson Company, Inc. $DCI

UMB Bank n.a. lowered its stake in Donaldson Company, Inc. (NYSE:DCIFree Report) by 31.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 689 shares of the industrial products company’s stock after selling 319 shares during the period. UMB Bank n.a.’s holdings in Donaldson were worth $48,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. ICW Investment Advisors LLC lifted its position in shares of Donaldson by 0.6% in the 1st quarter. ICW Investment Advisors LLC now owns 24,094 shares of the industrial products company’s stock worth $1,616,000 after purchasing an additional 150 shares during the period. Cresset Asset Management LLC increased its holdings in Donaldson by 1.7% during the first quarter. Cresset Asset Management LLC now owns 11,462 shares of the industrial products company’s stock worth $769,000 after buying an additional 191 shares during the last quarter. State of Michigan Retirement System increased its position in Donaldson by 0.7% in the first quarter. State of Michigan Retirement System now owns 28,558 shares of the industrial products company’s stock worth $1,915,000 after buying an additional 200 shares during the last quarter. Xponance Inc. increased its stake in shares of Donaldson by 1.5% in the first quarter. Xponance Inc. now owns 13,872 shares of the industrial products company’s stock worth $930,000 after purchasing an additional 201 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in Donaldson by 34.3% during the 1st quarter. Smartleaf Asset Management LLC now owns 802 shares of the industrial products company’s stock valued at $54,000 after buying an additional 205 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Read Our Latest Research Report on DCI

Insider Buying and Selling

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

Donaldson Stock Performance

Shares of NYSE DCI opened at $81.01 on Friday. The firm has a fifty day moving average price of $76.48 and a 200-day moving average price of $70.76. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.93 and a quick ratio of 1.25. The stock has a market cap of $9.44 billion, a PE ratio of 26.56, a price-to-earnings-growth ratio of 1.90 and a beta of 1.01. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $83.31.

Donaldson (NYSE:DCIGet Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.01. Donaldson had a net margin of 9.94% and a return on equity of 29.50%. The firm had revenue of $980.70 million during the quarter, compared to analysts’ expectations of $951.59 million. During the same period in the prior year, the company posted $0.94 earnings per share. The company’s revenue for the quarter was up 4.8% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. Equities analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Tuesday, August 12th were given a dividend of $0.30 per share. The ex-dividend date was Tuesday, August 12th. This represents a $1.20 annualized dividend and a dividend yield of 1.5%. Donaldson’s dividend payout ratio (DPR) is currently 39.34%.

Donaldson Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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