Farther Finance Advisors LLC Sells 323 Shares of Donaldson Company, Inc. $DCI

Farther Finance Advisors LLC lowered its stake in Donaldson Company, Inc. (NYSE:DCI) by 5.2% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,918 shares of the industrial products company’s stock after selling 323 shares during the quarter. Farther Finance Advisors LLC’s holdings in Donaldson were worth $410,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Kingstone Capital Partners Texas LLC purchased a new position in Donaldson during the 2nd quarter worth $679,475,000. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of Donaldson by 75.3% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,330,602 shares of the industrial products company’s stock valued at $223,350,000 after purchasing an additional 1,430,120 shares during the period. Fiduciary Management Inc. WI boosted its stake in shares of Donaldson by 13.1% during the first quarter. Fiduciary Management Inc. WI now owns 2,499,756 shares of the industrial products company’s stock valued at $167,634,000 after purchasing an additional 290,477 shares during the period. Dimensional Fund Advisors LP lifted its stake in Donaldson by 12.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,818,227 shares of the industrial products company’s stock worth $121,926,000 after acquiring an additional 202,746 shares during the period. Finally, Fuller & Thaler Asset Management Inc. raised its holdings in Donaldson by 0.3% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 1,598,281 shares of the industrial products company’s stock worth $107,181,000 after purchasing an additional 4,041 shares in the last quarter. Institutional investors own 82.81% of the company’s stock.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling

In related news, Director Trudy A. Rautio sold 31,900 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $79.96, for a total transaction of $2,550,724.00. Following the completion of the transaction, the director owned 29,330 shares of the company’s stock, valued at approximately $2,345,226.80. This represents a 52.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Amy C. Becker sold 18,500 shares of the stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $81.71, for a total transaction of $1,511,635.00. Following the completion of the sale, the insider directly owned 44,645 shares of the company’s stock, valued at $3,647,942.95. The trade was a 29.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 63,900 shares of company stock worth $5,129,264 in the last quarter. Company insiders own 2.70% of the company’s stock.

Donaldson Stock Up 1.2%

DCI stock opened at $81.01 on Monday. The firm has a 50-day moving average of $76.48 and a two-hundred day moving average of $70.80. Donaldson Company, Inc. has a 12 month low of $57.45 and a 12 month high of $83.31. The company has a current ratio of 1.93, a quick ratio of 1.25 and a debt-to-equity ratio of 0.43. The company has a market cap of $9.44 billion, a price-to-earnings ratio of 26.56, a PEG ratio of 1.92 and a beta of 1.00.

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

Donaldson Dividend Announcement

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

Donaldson Company Profile

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.