Donaldson Company, Inc. $DCI Stake Reduced by PineStone Asset Management Inc.

PineStone Asset Management Inc. decreased its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 7.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 139,361 shares of the industrial products company’s stock after selling 11,500 shares during the period. PineStone Asset Management Inc. owned approximately 0.12% of Donaldson worth $12,356,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in DCI. True Wealth Design LLC raised its holdings 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 worth $27,000 after purchasing an additional 218 shares in the last quarter. SJS Investment Consulting Inc. boosted its holdings in 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 buying an additional 368 shares in the last quarter. CENTRAL TRUST Co grew its position in Donaldson by 40.3% in the third 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. grew its position 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 worth $102,000 after buying an additional 834 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of Donaldson in the third quarter valued at $109,000. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Stock Up 2.6%

Shares of NYSE:DCI opened at $84.75 on Wednesday. The firm has a 50 day simple moving average of $97.08 and a 200 day simple moving average of $90.86. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $112.84. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.46 and a current ratio of 2.29. The company has a market cap of $9.81 billion, a PE ratio of 26.48, a price-to-earnings-growth ratio of 2.08 and a beta of 1.02.

Donaldson (NYSE:DCI) last posted its quarterly earnings data 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 firm had revenue of $896.30 million for the quarter, compared to analysts’ expectations of $898.64 million. Donaldson had a return on equity of 29.85% and a net margin of 10.09%.The company’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 posted $0.83 earnings per share. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. As a group, research analysts expect that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. UBS Group set a $96.00 price objective on Donaldson in a research report on Tuesday, February 24th. Robert W. Baird cut their target price on Donaldson from $104.00 to $95.00 and set an “outperform” rating on the stock in a research report on Monday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Donaldson in a report on Friday, January 9th. Wall Street Zen lowered Donaldson from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Jefferies Financial Group lifted their price target on Donaldson to $123.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. Three equities 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, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $100.20.

Donaldson 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.