Mountain Pacific Investment Advisers LLC Lowers Stake in Donaldson Company, Inc. $DCI

Mountain Pacific Investment Advisers LLC reduced its position in Donaldson Company, Inc. (NYSE:DCI) by 56.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 186,801 shares of the industrial products company’s stock after selling 240,395 shares during the quarter. Donaldson makes up about 2.4% of Mountain Pacific Investment Advisers LLC’s investment portfolio, making the stock its 12th largest holding. Mountain Pacific Investment Advisers LLC owned approximately 0.16% of Donaldson worth $15,290,000 at the end of the most recent reporting period.

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

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 transaction of $51,828.62. Following the completion of the sale, the chief financial officer directly owned 434 shares of the company’s stock, valued at approximately $39,741.38. The trade was a 56.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Ajita G. Rajendra sold 19,800 shares of the company’s 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 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. 2.20% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Jefferies Financial Group raised shares of Donaldson from a “hold” rating to a “buy” rating and boosted their target price for the stock from $92.00 to $120.00 in a report on Friday, January 9th. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Stifel Nicolaus increased their price target on Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research note on Friday, December 5th. Robert W. Baird set a $100.00 price target on shares of Donaldson in a research note on Friday, December 5th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Donaldson in a research note on Friday, January 9th. Three investment 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, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $100.00.

Donaldson Stock Performance

Shares of NYSE:DCI opened at $102.41 on Thursday. The company has a current ratio of 2.15, a quick ratio of 1.39 and a debt-to-equity ratio of 0.44. Donaldson Company, Inc. has a 12 month low of $57.45 and a 12 month high of $102.87. The company has a market capitalization of $11.81 billion, a price-to-earnings ratio of 31.90, a PEG ratio of 2.47 and a beta of 0.99. The firm’s 50-day moving average is $91.71 and its 200 day moving average is $83.02.

Donaldson (NYSE:DCI) last announced its earnings results on Thursday, December 4th. The industrial products company reported $0.94 earnings per share (EPS) 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 business had revenue of $935.40 million during the quarter, compared to analyst estimates of $922.68 million. During the same quarter in the previous year, the business earned $0.83 earnings per share. The company’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. Research analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 1.2%. Donaldson’s dividend payout ratio (DPR) is presently 37.38%.

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.