Vest Financial LLC Cuts Stock Holdings in Donaldson Company, Inc. $DCI

Vest Financial LLC lowered its position in Donaldson Company, Inc. (NYSE:DCI) by 10.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,120 shares of the industrial products company’s stock after selling 5,924 shares during the period. Vest Financial LLC’s holdings in Donaldson were worth $4,348,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the company. Royal Bank of Canada increased its stake in Donaldson by 38.2% in the 1st quarter. Royal Bank of Canada now owns 102,128 shares of the industrial products company’s stock valued at $6,848,000 after buying an additional 28,207 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in Donaldson by 16.5% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,479 shares of the industrial products company’s stock valued at $233,000 after purchasing an additional 494 shares during the period. Millennium Management LLC increased its position in shares of Donaldson by 428.6% during the 1st quarter. Millennium Management LLC now owns 223,976 shares of the industrial products company’s stock valued at $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% during the 1st quarter. Goldman Sachs Group Inc. now owns 279,525 shares of the industrial products company’s stock worth $18,745,000 after purchasing an additional 62,864 shares during the period. Finally, Ballentine Partners LLC boosted its holdings in shares of Donaldson by 46.6% in the 2nd quarter. Ballentine Partners LLC now owns 7,219 shares of the industrial products company’s stock worth $501,000 after buying an additional 2,296 shares during the last quarter. 82.81% of the stock is owned by institutional investors.

Insider Buying and Selling at Donaldson

In related news, CFO Bradley J. Pogalz sold 566 shares of the business’s stock in a transaction dated Tuesday, December 9th. The shares were sold at an average price of $91.57, for a total transaction of $51,828.62. Following the sale, the chief financial officer owned 434 shares of the company’s stock, valued at $39,741.38. The trade was a 56.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Ajita G. Rajendra sold 19,800 shares of Donaldson stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $92.04, for a total transaction of $1,822,392.00. Following the transaction, the director owned 43,993 shares of the company’s stock, valued at $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. Company insiders own 2.20% of the company’s stock.

Donaldson Stock Performance

Donaldson stock 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. The firm has a market cap of $11.81 billion, a P/E ratio of 31.90, a P/E/G ratio of 2.47 and a beta of 0.99. The firm has a 50-day moving average of $91.71 and a 200-day moving average of $83.02. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $102.87.

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 business had revenue of $935.40 million for the quarter, compared to analysts’ expectations of $922.68 million. During the same period in the previous year, the firm posted $0.83 EPS. The business’s revenue was up 3.9% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. Sell-side analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have weighed in on DCI shares. Jefferies Financial Group upgraded shares of Donaldson from a “hold” rating to a “buy” rating and boosted their target price for the company from $92.00 to $120.00 in a research note on Friday, January 9th. Morgan Stanley raised Donaldson from an “underweight” rating to an “equal weight” rating and increased their price objective for the company from $72.00 to $84.00 in a report on Monday, November 24th. Weiss Ratings restated a “buy (b)” rating on shares of Donaldson in a research note on Friday, January 9th. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Finally, Stifel Nicolaus boosted their price objective on Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a research note on Friday, December 5th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently 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.