Donaldson Company, Inc. $DCI Shares Sold by Scharf Investments LLC

Scharf Investments LLC decreased its position in Donaldson Company, Inc. (NYSE:DCI) by 64.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 273,570 shares of the industrial products company’s stock after selling 498,602 shares during the quarter. Scharf Investments LLC owned 0.24% of Donaldson worth $24,256,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in DCI. True Wealth Design LLC boosted its holdings in Donaldson by 203.7% in the third quarter. True Wealth Design LLC now owns 325 shares of the industrial products company’s stock worth $27,000 after purchasing an additional 218 shares during the period. SJS Investment Consulting Inc. lifted its position in shares of Donaldson by 3,680.0% in the 3rd quarter. SJS Investment Consulting Inc. now owns 378 shares of the industrial products company’s stock worth $31,000 after buying an additional 368 shares during the last quarter. CENTRAL TRUST Co lifted its position in shares of Donaldson by 40.3% in the 3rd quarter. CENTRAL TRUST Co now owns 1,024 shares of the industrial products company’s stock worth $84,000 after buying an additional 294 shares during the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Donaldson by 200.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,251 shares of the industrial products company’s stock valued at $102,000 after buying an additional 834 shares during the period. Finally, Root Financial Partners LLC bought a new stake in shares of Donaldson during the 3rd quarter valued at about $109,000. 82.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. UBS Group set a $96.00 price objective on shares of Donaldson in a research note on Tuesday, February 24th. Stifel Nicolaus raised their price target on Donaldson from $90.00 to $96.00 and gave the stock a “hold” rating in a report on Friday, December 5th. Morgan Stanley reduced their price objective on Donaldson from $93.00 to $91.00 and set an “equal weight” rating for the company in a research report on Monday, March 9th. Weiss Ratings restated a “buy (b)” rating on shares of Donaldson in a research note on Friday, January 9th. Finally, Robert W. Baird reduced their price target on shares of Donaldson from $104.00 to $95.00 and set an “outperform” rating for the company in a report on Monday. 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 currently has a consensus rating of “Moderate Buy” and an average price target of $100.20.

Donaldson Stock Performance

Shares of NYSE DCI opened at $84.75 on Wednesday. Donaldson Company, Inc. has a 12-month low of $57.45 and a 12-month high of $112.84. The company has a market cap of $9.81 billion, a PE ratio of 26.48, a P/E/G ratio of 2.08 and a beta of 1.02. The stock has a 50 day simple moving average of $97.08 and a 200-day simple moving average of $90.86. The company has a current ratio of 2.29, a quick ratio of 1.46 and a debt-to-equity ratio of 0.43.

Donaldson (NYSE:DCI) last announced 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). Donaldson had a net margin of 10.09% and a return on equity of 29.85%. The business had revenue of $896.30 million for the quarter, compared to the consensus estimate of $898.64 million. During the same period in the previous year, the firm earned $0.83 EPS. The firm’s revenue was up 3.0% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. On average, equities research analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 12th were given a $0.30 dividend. 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 currently 37.50%.

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.