Elo Mutual Pension Insurance Co Buys 5,713 Shares of Donaldson Company, Inc. $DCI

Elo Mutual Pension Insurance Co boosted its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 29.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,246 shares of the industrial products company’s stock after buying an additional 5,713 shares during the quarter. Elo Mutual Pension Insurance Co’s holdings in Donaldson were worth $2,066,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in DCI. Royal Bank of Canada lifted its stake in shares of Donaldson by 38.2% in the first quarter. Royal Bank of Canada now owns 102,128 shares of the industrial products company’s stock worth $6,848,000 after acquiring an additional 28,207 shares during the period. Integrated Wealth Concepts LLC raised its holdings in Donaldson by 16.5% during the 1st quarter. Integrated Wealth Concepts LLC now owns 3,479 shares of the industrial products company’s stock worth $233,000 after purchasing an additional 494 shares during the last quarter. Millennium Management LLC lifted its position in shares of Donaldson by 428.6% in the 1st quarter. Millennium Management LLC now owns 223,976 shares of the industrial products company’s stock worth $15,020,000 after purchasing an additional 181,602 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Donaldson by 29.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 279,525 shares of the industrial products company’s stock valued at $18,745,000 after purchasing an additional 62,864 shares during the last quarter. Finally, World Investment Advisors bought a new stake in shares of Donaldson in the 2nd quarter valued at $264,000. Institutional investors and hedge funds own 82.81% of the company’s stock.

Insider Buying and Selling at Donaldson

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 sale, the director owned 43,993 shares in the company, valued at $4,049,115.72. This represents a 31.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Bradley J. Pogalz sold 566 shares of the business’s stock in a transaction dated Tuesday, December 9th. The stock was sold at an average price of $91.57, for a total transaction of $51,828.62. Following the transaction, the chief financial officer owned 434 shares in the company, valued at approximately $39,741.38. This trade represents a 56.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 2.20% of the company’s stock.

Donaldson Stock Up 0.4%

Shares of NYSE:DCI opened at $93.35 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.46 and a current ratio of 2.29. Donaldson Company, Inc. has a 52-week low of $57.45 and a 52-week high of $112.84. The business’s 50 day simple moving average is $100.13 and its two-hundred day simple moving average is $89.77. The firm has a market cap of $10.81 billion, a P/E ratio of 29.17, a PEG ratio of 2.34 and a beta of 1.02.

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

Donaldson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 12th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Thursday, February 12th. Donaldson’s payout ratio is currently 37.50%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on DCI. Weiss Ratings restated a “buy (b)” rating on shares of Donaldson in a report on Friday, January 9th. Jefferies Financial Group lifted their price objective on Donaldson to $123.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. UBS Group set a $96.00 target price on Donaldson in a research report on Tuesday, February 24th. Morgan Stanley upgraded Donaldson from an “underweight” rating to an “equal weight” rating and lifted their target price for the stock from $72.00 to $84.00 in a report on Monday, November 24th. Finally, Stifel Nicolaus boosted 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. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, Donaldson currently has a consensus rating of “Moderate Buy” and a consensus target price of $100.60.

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.