Donaldson Company, Inc. $DCI Shares Sold by Waters Parkerson & CO. LLC

Waters Parkerson & CO. LLC trimmed its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 37.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 84,347 shares of the industrial products company’s stock after selling 50,611 shares during the period. Waters Parkerson & CO. LLC owned 0.07% of Donaldson worth $6,904,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in DCI. Royal Bank of Canada increased 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 buying an additional 28,207 shares during the last quarter. Integrated Wealth Concepts LLC increased its position in shares of Donaldson by 16.5% in 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 increased 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 last quarter. Goldman Sachs Group Inc. raised 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 in the last quarter. Finally, Financiere des Professionnels Fonds d investissement inc. bought a new position in shares of Donaldson during the second quarter worth about $166,000. 82.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Stifel Nicolaus boosted their price target on Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a report on Friday, December 5th. Morgan Stanley raised Donaldson from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $72.00 to $84.00 in a research report on Monday, November 24th. Jefferies Financial Group raised shares of Donaldson from a “hold” rating to a “buy” rating and lifted their price objective for the stock from $92.00 to $120.00 in a report on Friday, January 9th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Donaldson in a report on Friday, January 9th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Donaldson has an average rating of “Moderate Buy” and an average price target of $100.00.

Donaldson Price Performance

Shares of NYSE DCI opened at $101.51 on Friday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.15 and a quick ratio of 1.39. The firm has a market capitalization of $11.71 billion, a PE ratio of 31.62, a P/E/G ratio of 2.49 and a beta of 0.99. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $101.61. The business’s fifty day moving average price is $90.91 and its two-hundred day moving average price is $82.31.

Donaldson (NYSE:DCI) last released its quarterly earnings results on Thursday, December 4th. The industrial products company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.93 by $0.01. Donaldson had a net margin of 10.25% and a return on equity of 30.24%. The business had revenue of $935.40 million during the quarter, compared to analyst estimates of $922.68 million. During the same quarter in the prior year, the firm earned $0.83 earnings per share. The company’s quarterly 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, research analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were paid a $0.30 dividend. The ex-dividend date was Friday, December 5th. This represents a $1.20 annualized dividend and a dividend yield of 1.2%. Donaldson’s dividend payout ratio (DPR) is presently 37.38%.

Insider Activity at Donaldson

In other Donaldson news, Director Ajita G. Rajendra sold 19,800 shares of the business’s stock in a transaction on 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 completion of the transaction, the director owned 43,993 shares in the company, valued at approximately $4,049,115.72. The trade was a 31.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Bradley J. Pogalz sold 566 shares of the firm’s 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 in the company, valued at $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.

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.