Thrivent Financial for Lutherans Has $3.07 Million Stock Position in Donaldson Company, Inc. $DCI

Thrivent Financial for Lutherans raised its holdings in Donaldson Company, Inc. (NYSE:DCI) by 41.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 44,215 shares of the industrial products company’s stock after purchasing an additional 13,064 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Donaldson were worth $3,067,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Hantz Financial Services Inc. lifted its position in shares of Donaldson by 5,112.5% during the 2nd quarter. Hantz Financial Services Inc. now owns 417 shares of the industrial products company’s stock worth $29,000 after buying an additional 409 shares during the last quarter. NewSquare Capital LLC acquired a new position in Donaldson during the second quarter worth about $34,000. Brooklyn Investment Group lifted its holdings in shares of Donaldson by 113.9% in the first quarter. Brooklyn Investment Group now owns 601 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 320 shares during the last quarter. Hoese & Co LLP boosted its stake in shares of Donaldson by 266.7% in the 2nd quarter. Hoese & Co LLP now owns 660 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 480 shares in the last quarter. Finally, Steph & Co. bought a new stake in shares of Donaldson during the 2nd quarter valued at approximately $46,000. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Stock Performance

Shares of Donaldson stock opened at $92.56 on Monday. The stock has a market cap of $10.68 billion, a price-to-earnings ratio of 28.84, a P/E/G ratio of 2.29 and a beta of 0.99. Donaldson Company, Inc. has a twelve month low of $57.45 and a twelve month high of $95.00. The company’s fifty day moving average is $87.10 and its 200 day moving average is $79.13. The company has a quick ratio of 1.39, a current ratio of 2.15 and a debt-to-equity ratio of 0.44.

Donaldson (NYSE:DCI) last announced its earnings results on Thursday, December 4th. The industrial products company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.93 by $0.01. Donaldson had a return on equity of 30.24% and a net margin of 10.25%.The firm had revenue of $935.40 million for the quarter, compared to the consensus estimate of $922.68 million. During the same period in the previous year, the business earned $0.83 EPS. The business’s quarterly revenue was up 3.9% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. Sell-side analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Friday, December 5th will be issued a $0.30 dividend. The ex-dividend date is Friday, December 5th. This represents a $1.20 annualized dividend and a yield of 1.3%. Donaldson’s dividend payout ratio is presently 37.38%.

Insider Buying and Selling

In other Donaldson news, Director Ajita G. Rajendra sold 19,800 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $92.04, for a total transaction of $1,822,392.00. Following the completion of the transaction, the director owned 43,993 shares in the company, valued at approximately $4,049,115.72. This trade represents a 31.04% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Bradley J. Pogalz sold 566 shares of the business’s stock in a transaction that occurred on Tuesday, December 9th. The stock was sold at an average price of $91.57, for a total transaction of $51,828.62. Following the completion of the transaction, the chief financial officer owned 434 shares in the company, valued at $39,741.38. This trade represents a 56.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.20% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on DCI. Weiss Ratings reissued a “buy (b)” rating on shares of Donaldson in a research note on Tuesday, October 14th. Morgan Stanley upgraded shares of Donaldson from an “underweight” rating to an “equal weight” rating and upped their price target for the stock from $72.00 to $84.00 in a report on Monday, November 24th. Stifel Nicolaus increased their price target on Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research note on Friday, December 5th. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Finally, Robert W. Baird set a $100.00 target price on Donaldson in a report on Friday, December 5th. Two analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $93.33.

Donaldson 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.