Donaldson Company, Inc. (NYSE:DCI) Short Interest Update

Donaldson Company, Inc. (NYSE:DCI) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 1,626,276 shares, a decline of 15.9% from the November 30th total of 1,934,726 shares. Approximately 1.4% of the shares of the company are sold short. Based on an average daily volume of 844,230 shares, the short-interest ratio is presently 1.9 days. Based on an average daily volume of 844,230 shares, the short-interest ratio is presently 1.9 days. Approximately 1.4% of the shares of the company are sold short.

Donaldson Stock Performance

Donaldson stock opened at $90.29 on Wednesday. Donaldson has a fifty-two week low of $57.45 and a fifty-two week high of $95.00. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.39 and a current ratio of 2.15. The stock has a market cap of $10.41 billion, a P/E ratio of 28.13, a price-to-earnings-growth ratio of 2.25 and a beta of 0.99. The firm’s fifty day moving average price is $88.37 and its 200-day moving average price is $80.20.

Donaldson (NYSE:DCI) last released its earnings results on Thursday, December 4th. The industrial products company reported $0.94 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.01. Donaldson had a return on equity of 30.24% and a net margin of 10.25%.The business had revenue of $935.40 million for the quarter, compared to analysts’ expectations of $922.68 million. During the same quarter in the prior year, the firm earned $0.83 earnings per share. The firm’s revenue was up 3.9% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. On average, equities research analysts expect that Donaldson will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Investors of record on Friday, December 5th were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Friday, December 5th. Donaldson’s dividend payout ratio (DPR) is currently 37.38%.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on DCI shares. Robert W. Baird set a $100.00 price objective on shares of Donaldson in a report on Friday, December 5th. Weiss Ratings reissued a “buy (b)” rating on shares of Donaldson in a report on Tuesday, October 14th. Morgan Stanley raised 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. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a research note on Friday, October 3rd. Finally, Stifel Nicolaus boosted their target price on Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a research report on Friday, December 5th. Two equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Donaldson has an average rating of “Moderate Buy” and an average price target of $93.33.

Insiders Place Their Bets

In other Donaldson news, Director Ajita G. Rajendra sold 19,800 shares of Donaldson 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 sale, the director owned 43,993 shares of the company’s stock, valued at approximately $4,049,115.72. The trade was a 31.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Bradley J. Pogalz sold 566 shares of the stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $91.57, for a total value of $51,828.62. Following the transaction, the chief financial officer directly owned 434 shares of the company’s stock, valued at approximately $39,741.38. This trade represents a 56.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 2.20% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Swiss Life Asset Management Ltd increased its stake in Donaldson by 69.5% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 5,233 shares of the industrial products company’s stock worth $428,000 after purchasing an additional 2,146 shares during the period. CIBC Private Wealth Group LLC grew its holdings in shares of Donaldson by 2.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 31,660 shares of the industrial products company’s stock worth $2,591,000 after acquiring an additional 716 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of Donaldson in the 3rd quarter worth approximately $2,610,000. WBI Investments LLC purchased a new position in shares of Donaldson in the 3rd quarter valued at approximately $469,000. Finally, Faithward Advisors LLC purchased a new position in shares of Donaldson in the 3rd quarter valued at approximately $233,000. 82.81% of the stock is currently owned by institutional investors.

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.