Dimensional Fund Advisors LP Buys 20,478 Shares of Donaldson Company, Inc. $DCI

Dimensional Fund Advisors LP increased its position in Donaldson Company, Inc. (NYSE:DCI) by 1.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,994,211 shares of the industrial products company’s stock after acquiring an additional 20,478 shares during the quarter. Dimensional Fund Advisors LP owned about 1.72% of Donaldson worth $163,218,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the company. Victory Capital Management Inc. lifted its stake in Donaldson by 6,069.9% in the 3rd quarter. Victory Capital Management Inc. now owns 1,178,884 shares of the industrial products company’s stock worth $96,492,000 after purchasing an additional 1,159,777 shares in the last quarter. Norges Bank bought a new position in shares of Donaldson in the second quarter worth $68,759,000. Millennium Management LLC increased its holdings in shares of Donaldson by 428.6% in the first 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. Quantinno Capital Management LP raised its position in shares of Donaldson by 137.7% in the second quarter. Quantinno Capital Management LP now owns 246,419 shares of the industrial products company’s stock worth $17,089,000 after buying an additional 142,750 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its position in shares of Donaldson by 10.6% in the third quarter. Bank of New York Mellon Corp now owns 1,283,326 shares of the industrial products company’s stock worth $105,040,000 after buying an additional 123,000 shares in the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Donaldson Price Performance

Shares of NYSE:DCI opened at $88.99 on Tuesday. The company has a quick ratio of 1.46, a current ratio of 2.29 and a debt-to-equity ratio of 0.43. The stock has a market cap of $10.31 billion, a PE ratio of 27.81, a PEG ratio of 2.22 and a beta of 1.02. The company’s fifty day moving average is $100.03 and its 200 day moving average is $90.20. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $112.84.

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

Donaldson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were issued a dividend of $0.30 per share. 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 currently 37.50%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on DCI shares. Robert W. Baird reduced their target price on Donaldson from $110.00 to $104.00 and set an “outperform” rating for the company in a research report on Friday, February 27th. Wall Street Zen downgraded Donaldson from a “buy” rating to a “hold” rating in a research report on Saturday. Jefferies Financial Group boosted their price objective on Donaldson to $123.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Weiss Ratings restated a “buy (b)” rating on shares of Donaldson in a research report on Friday, January 9th. Finally, UBS Group set a $96.00 target price on shares of Donaldson in a research report on Tuesday, February 24th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $102.00.

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.