5,400 Shares in Donaldson Company, Inc. $DCI Acquired by Pier 88 Investment Partners LLC

Pier 88 Investment Partners LLC bought a new stake in Donaldson Company, Inc. (NYSE:DCI) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 5,400 shares of the industrial products company’s stock, valued at approximately $442,000.

Several other hedge funds also recently modified their holdings of DCI. True Wealth Design LLC lifted its stake in shares of Donaldson by 203.7% in the 3rd quarter. True Wealth Design LLC now owns 325 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 218 shares during the last quarter. Hantz Financial Services Inc. lifted its position in shares of Donaldson by 5,112.5% in the second quarter. Hantz Financial Services Inc. now owns 417 shares of the industrial products company’s stock worth $29,000 after buying an additional 409 shares during the last quarter. SJS Investment Consulting Inc. boosted its stake in shares of Donaldson by 3,680.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 378 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 368 shares in the last quarter. NewSquare Capital LLC acquired a new position in shares of Donaldson during the 2nd quarter valued at about $34,000. Finally, Hoese & Co LLP raised its stake in shares of Donaldson by 266.7% in the 2nd quarter. Hoese & Co LLP now owns 660 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 480 shares in the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Trading Down 0.1%

Shares of DCI stock opened at $100.69 on Tuesday. 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 firm has a fifty day moving average of $92.64 and a 200-day moving average of $83.75. Donaldson Company, Inc. has a 52-week low of $57.45 and a 52-week high of $103.78. The stock has a market cap of $11.61 billion, a price-to-earnings ratio of 31.37, a P/E/G ratio of 2.49 and a beta of 0.99.

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

Donaldson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Friday, December 5th were issued 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 (DPR) is presently 37.38%.

Insider Buying and Selling at Donaldson

In other news, CFO Bradley J. Pogalz sold 566 shares of the business’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 sale, the chief financial officer owned 434 shares in the company, valued at approximately $39,741.38. The trade was a 56.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Ajita G. Rajendra sold 19,800 shares of the 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 owned 43,993 shares of the company’s stock, valued at $4,049,115.72. This trade represents a 31.04% decrease in their position. The SEC filing for this sale provides additional information. 2.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on DCI shares. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Jefferies Financial Group raised Donaldson from a “hold” rating to a “buy” rating and raised their target price for the company from $92.00 to $120.00 in a report on Friday, January 9th. Morgan Stanley upgraded 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. Robert W. Baird set a $100.00 price objective on shares of Donaldson in a research note on Friday, December 5th. Finally, Stifel Nicolaus upped their target price on shares of 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 assigned a Hold rating to the company. According to data from MarketBeat.com, Donaldson has an average rating of “Moderate Buy” and a consensus target price of $100.00.

Donaldson Company 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.