Confluence Investment Management LLC Reduces Holdings in Donaldson Company, Inc. $DCI

Confluence Investment Management LLC lowered its position in Donaldson Company, Inc. (NYSE:DCI) by 4.1% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 291,382 shares of the industrial products company’s stock after selling 12,434 shares during the quarter. Confluence Investment Management LLC’s holdings in Donaldson were worth $25,834,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. True Wealth Design LLC grew its stake in shares of Donaldson by 203.7% during the third quarter. True Wealth Design LLC now owns 325 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 218 shares in the last quarter. SJS Investment Consulting Inc. lifted its stake in shares of Donaldson by 3,680.0% in the third 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. Employees Retirement System of Texas acquired a new position in shares of Donaldson in the second quarter worth about $68,000. CENTRAL TRUST Co boosted its holdings in Donaldson by 40.3% in the third quarter. CENTRAL TRUST Co now owns 1,024 shares of the industrial products company’s stock valued at $84,000 after purchasing an additional 294 shares during the last quarter. Finally, Hantz Financial Services Inc. boosted its holdings in Donaldson by 200.0% in the third quarter. Hantz Financial Services Inc. now owns 1,251 shares of the industrial products company’s stock valued at $102,000 after purchasing an additional 834 shares during the last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

Donaldson Stock Performance

Shares of DCI opened at $84.05 on Friday. The stock has a market capitalization of $9.73 billion, a PE ratio of 26.27, a price-to-earnings-growth ratio of 2.12 and a beta of 1.02. The business’s fifty day moving average price is $99.31 and its 200 day moving average price is $90.47. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.29 and a quick ratio of 1.46. Donaldson Company, Inc. has a 12-month low of $57.45 and a 12-month high of $112.84.

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

Donaldson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Thursday, February 12th. Donaldson’s dividend payout ratio is presently 37.50%.

Analyst Ratings Changes

Several research firms have issued reports on DCI. Morgan Stanley dropped their price objective on Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a report on Monday, March 9th. Wall Street Zen cut Donaldson from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Stifel Nicolaus raised their price target on shares of Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a research report on Friday, December 5th. Jefferies Financial Group lifted their price target on shares of Donaldson to $123.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Finally, Robert W. Baird reduced their price objective on shares of Donaldson from $110.00 to $104.00 and set an “outperform” rating on the stock in a research note on Friday, February 27th. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $102.00.

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.