Public Employees Retirement System of Ohio Cuts Position in Donaldson Company, Inc. $DCI

Public Employees Retirement System of Ohio lessened its holdings in Donaldson Company, Inc. (NYSE:DCI) by 10.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,628 shares of the industrial products company’s stock after selling 5,372 shares during the period. Public Employees Retirement System of Ohio’s holdings in Donaldson were worth $3,164,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Kingstone Capital Partners Texas LLC purchased a new position in shares of Donaldson in the 2nd quarter valued at about $679,475,000. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of Donaldson by 75.3% in the 1st 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 in the last quarter. Fiduciary Management Inc. WI increased its stake in shares of Donaldson by 13.1% in the 1st 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 in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Donaldson by 12.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,818,227 shares of the industrial products company’s stock valued at $121,926,000 after purchasing an additional 202,746 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. increased its stake in shares of Donaldson by 0.3% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,598,281 shares of the industrial products company’s stock valued at $107,181,000 after purchasing an additional 4,041 shares in the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Donaldson Stock Up 0.2%

NYSE:DCI opened at $82.03 on Thursday. The company has a quick ratio of 1.25, a current ratio of 1.93 and a debt-to-equity ratio of 0.43. The stock’s fifty day moving average is $77.12 and its two-hundred day moving average is $71.04. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $83.31. The stock has a market capitalization of $9.51 billion, a price-to-earnings ratio of 26.89, a price-to-earnings-growth ratio of 1.94 and a beta of 0.99.

Donaldson (NYSE:DCI) last released its quarterly earnings results on Wednesday, August 27th. The industrial products company reported $1.03 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.01. The company had revenue of $980.70 million for the quarter, compared to analysts’ expectations of $951.59 million. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The firm’s revenue was up 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.94 earnings per share. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. Research analysts anticipate that Donaldson Company, Inc. will post 3.64 EPS for the current 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 issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Tuesday, August 12th. Donaldson’s dividend payout ratio is 39.34%.

Insider Activity at Donaldson

In related news, President Guillermo Briseno sold 13,500 shares of the stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $79.03, for a total value of $1,066,905.00. Following the transaction, the president owned 25,309 shares of the company’s stock, valued at $2,000,170.27. This represents a 34.79% decrease in their ownership of the stock. 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 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 directly owned 44,645 shares in the company, valued at $3,647,942.95. This trade represents a 29.30% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 63,900 shares of company stock valued at $5,129,264 over the last quarter. 2.70% of the stock is owned by insiders.

Wall Street Analyst Weigh In

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

Donaldson 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.