Nisa Investment Advisors LLC Has $2.45 Million Holdings in Donaldson Company, Inc. $DCI

Nisa Investment Advisors LLC trimmed its position in Donaldson Company, Inc. (NYSE:DCI) by 29.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,884 shares of the industrial products company’s stock after selling 12,434 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Donaldson were worth $2,446,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Kingstone Capital Partners Texas LLC acquired a new position in Donaldson in the 2nd quarter worth approximately $679,475,000. Norges Bank acquired a new stake in shares of Donaldson in the second quarter worth $68,759,000. Boston Trust Walden Corp grew its holdings in shares of Donaldson by 7.8% during the second quarter. Boston Trust Walden Corp now owns 2,825,916 shares of the industrial products company’s stock valued at $195,977,000 after buying an additional 203,957 shares in the last quarter. Millennium Management LLC grew its holdings in shares of Donaldson by 428.6% during the first quarter. Millennium Management LLC now owns 223,976 shares of the industrial products company’s stock valued at $15,020,000 after buying an additional 181,602 shares in the last quarter. Finally, Quantinno Capital Management LP lifted its stake in Donaldson by 137.7% in the 2nd quarter. Quantinno Capital Management LP now owns 246,419 shares of the industrial products company’s stock worth $17,089,000 after acquiring an additional 142,750 shares in the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Analyst Ratings Changes

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

Donaldson Trading Up 0.9%

Shares of NYSE:DCI opened at $96.85 on Wednesday. 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’s 50-day moving average is $90.08 and its 200-day moving average is $81.83. The company has a market cap of $11.17 billion, a P/E ratio of 30.17, a P/E/G ratio of 2.37 and a beta of 0.99. Donaldson Company, Inc. has a 52-week low of $57.45 and a 52-week high of $97.03.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Thursday, December 4th. The industrial products company reported $0.94 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.01. Donaldson had a return on equity of 30.24% and a net margin of 10.25%.The company had revenue of $935.40 million during the quarter, compared to analysts’ expectations of $922.68 million. During the same period in the prior year, the business earned $0.83 earnings per share. Donaldson’s revenue for the quarter was up 3.9% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. Equities research analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Friday, December 5th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, December 5th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.2%. Donaldson’s dividend payout ratio is currently 37.38%.

Insider Activity

In related news, Director Ajita G. Rajendra sold 19,800 shares of Donaldson stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $92.04, for a total transaction of $1,822,392.00. Following the sale, the director directly owned 43,993 shares of the company’s stock, valued at $4,049,115.72. This trade represents a 31.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Bradley J. Pogalz sold 566 shares of the company’s stock in a transaction that occurred 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 completion of 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 position. The disclosure for this sale is available in the SEC filing. 2.20% of the stock is currently owned by company insiders.

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.