Carnegie Investment Counsel Grows Holdings in Donaldson Company, Inc. $DCI

Carnegie Investment Counsel raised its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 2.3% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 354,320 shares of the industrial products company’s stock after purchasing an additional 8,065 shares during the quarter. Carnegie Investment Counsel owned 0.31% of Donaldson worth $29,001,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. raised 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 valued at $29,000 after purchasing an additional 409 shares during the period. NewSquare Capital LLC purchased a new stake in Donaldson in the 2nd quarter worth $34,000. Steph & Co. bought a new stake in Donaldson during the second quarter valued at about $46,000. Hoese & Co LLP raised its holdings in Donaldson by 266.7% during the second quarter. Hoese & Co LLP now owns 660 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 480 shares during the period. Finally, Smartleaf Asset Management LLC lifted its position in shares of Donaldson by 34.3% in the first quarter. Smartleaf Asset Management LLC now owns 802 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 205 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

DCI has been the topic of several recent analyst reports. Morgan Stanley raised Donaldson from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $72.00 to $84.00 in a research note on Monday, November 24th. Stifel Nicolaus lifted their price objective on shares of Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research report on Friday, December 5th. Robert W. Baird set a $100.00 target price on shares of Donaldson in a report on Friday, December 5th. Wall Street Zen raised shares of Donaldson from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Donaldson in a report on Tuesday, October 14th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $93.33.

Donaldson Trading Up 0.0%

DCI stock opened at $91.26 on Friday. The firm has a fifty day moving average price of $88.08 and a 200 day moving average price of $79.76. Donaldson Company, Inc. has a fifty-two week low of $57.45 and a fifty-two week high of $95.00. The firm has a market cap of $10.53 billion, a PE ratio of 28.43, a price-to-earnings-growth ratio of 2.25 and a beta of 0.99. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.39 and a current ratio of 2.15.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Thursday, December 4th. The industrial products company reported $0.94 EPS for the quarter, beating the consensus estimate of $0.93 by $0.01. Donaldson had a net margin of 10.25% and a return on equity of 30.24%. The business had revenue of $935.40 million during the quarter, compared to analyst estimates of $922.68 million. During the same quarter last year, the business earned $0.83 earnings per share. Donaldson’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 anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend was Friday, December 5th. Donaldson’s payout ratio is presently 37.38%.

Insider Buying and Selling

In other news, CFO Bradley J. Pogalz sold 566 shares of the firm’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 value of $51,828.62. Following the completion of the sale, the chief financial officer directly owned 434 shares of the company’s stock, valued at $39,741.38. This trade represents a 56.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Ajita G. Rajendra sold 19,800 shares of the business’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 value of $1,822,392.00. Following the transaction, the director directly owned 43,993 shares in the company, valued at approximately $4,049,115.72. This represents a 31.04% 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.

About Donaldson

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.