American Century Companies Inc. Reduces Holdings in Donaldson Company, Inc. $DCI

American Century Companies Inc. lowered its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 3.1% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,497,946 shares of the industrial products company’s stock after selling 47,470 shares during the period. American Century Companies Inc. owned about 1.29% of Donaldson worth $122,607,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in DCI. Verdence Capital Advisors LLC increased its position in Donaldson by 1.6% during the third quarter. Verdence Capital Advisors LLC now owns 8,502 shares of the industrial products company’s stock worth $711,000 after buying an additional 131 shares during the period. AMG National Trust Bank boosted its holdings in shares of Donaldson by 0.6% in the third quarter. AMG National Trust Bank now owns 21,713 shares of the industrial products company’s stock valued at $1,777,000 after acquiring an additional 134 shares during the period. Renaissance Group LLC grew its position in shares of Donaldson by 2.2% during the second quarter. Renaissance Group LLC now owns 7,560 shares of the industrial products company’s stock worth $524,000 after acquiring an additional 161 shares during the last quarter. State of Michigan Retirement System increased its holdings in shares of Donaldson by 0.7% in the 2nd quarter. State of Michigan Retirement System now owns 28,758 shares of the industrial products company’s stock valued at $1,994,000 after acquiring an additional 200 shares during the period. Finally, Trillium Asset Management LLC increased its holdings in shares of Donaldson by 5.8% in the 2nd quarter. Trillium Asset Management LLC now owns 3,814 shares of the industrial products company’s stock valued at $265,000 after acquiring an additional 210 shares during the period. 82.81% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Ajita G. Rajendra sold 19,800 shares of the stock in a transaction dated 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 completion of the transaction, the director owned 43,993 shares in the company, valued at $4,049,115.72. This trade represents a 31.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Bradley J. Pogalz sold 566 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $91.57, for a total transaction of $51,828.62. Following the completion of the sale, the chief financial officer owned 434 shares of the company’s stock, valued at $39,741.38. This trade represents a 56.60% decrease in their position. The disclosure for this sale is available in the SEC filing. 2.20% of the stock is currently owned by company insiders.

Donaldson Trading Up 3.2%

NYSE DCI opened at $95.71 on Tuesday. The stock has a market capitalization of $11.08 billion, a P/E ratio of 29.91, a P/E/G ratio of 2.25 and a beta of 1.02. Donaldson Company, Inc. has a 52-week low of $57.45 and a 52-week high of $112.84. The firm has a 50-day moving average price of $100.06 and a 200 day moving average price of $89.60. The company has a quick ratio of 1.46, a current ratio of 2.29 and a debt-to-equity ratio of 0.43.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Thursday, February 26th. The industrial products company reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.07). The business had revenue of $896.30 million during the quarter, compared to analysts’ expectations of $898.64 million. Donaldson had a net margin of 10.09% and a return on equity of 29.85%. Donaldson’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.83 EPS. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. Equities research analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 12th were given a $0.30 dividend. The ex-dividend date was Thursday, February 12th. This represents a $1.20 annualized dividend and a yield of 1.3%. Donaldson’s dividend payout ratio is presently 37.50%.

Analyst Upgrades and Downgrades

DCI has been the subject of a number of recent research reports. Robert W. Baird decreased their price target on shares of Donaldson from $110.00 to $104.00 and set an “outperform” rating for the company in a research note on Friday. Morgan Stanley raised shares of Donaldson from an “underweight” rating to an “equal weight” rating and upped their target price for the company from $72.00 to $84.00 in a report on Monday, November 24th. UBS Group set a $96.00 target price on shares of Donaldson in a research note on Tuesday, February 24th. Stifel Nicolaus raised their price target on Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a report on Friday, December 5th. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Donaldson in a research note on Friday, January 9th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $100.60.

Donaldson Company 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.