Donaldson Company, Inc. (NYSE:DCI - Get Free Report) Director Ajita Rajendra sold 19,800 shares of Donaldson stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $92.04, for a total value of $1,822,392.00. Following the sale, the director directly owned 43,993 shares of the company's stock, valued at approximately $4,049,115.72. The trade was a 31.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Donaldson Stock Performance
Shares of NYSE DCI opened at $91.78 on Tuesday. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.15 and a quick ratio of 1.39. The firm has a market cap of $10.59 billion, a price-to-earnings ratio of 28.59, a P/E/G ratio of 2.29 and a beta of 0.99. The stock's fifty day moving average price is $85.36 and its two-hundred day moving average price is $77.70. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $95.00.
Donaldson (NYSE:DCI - Get Free Report) last announced its earnings results on Thursday, December 4th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.01. Donaldson had a net margin of 10.25% and a return on equity of 30.24%. The company had revenue of $935.40 million during the quarter, compared to analysts' expectations of $922.68 million. During the same quarter in the previous year, the business posted $0.83 earnings per share. Donaldson's quarterly revenue was up 3.9% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. On average, equities analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current year.
Donaldson Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Monday, December 22nd. Shareholders of record on Friday, December 5th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Friday, December 5th. Donaldson's dividend payout ratio is presently 37.38%.
Institutional Trading of Donaldson
Several large investors have recently bought and sold shares of the business. Kingstone Capital Partners Texas LLC bought a new position in Donaldson in the second quarter valued at about $679,475,000. State Street Corp grew its holdings in shares of Donaldson by 0.7% during the 2nd quarter. State Street Corp now owns 5,221,808 shares of the industrial products company's stock valued at $362,132,000 after purchasing an additional 36,866 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its position in Donaldson by 75.3% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,330,602 shares of the industrial products company's stock worth $223,350,000 after purchasing an additional 1,430,120 shares in the last quarter. Boston Trust Walden Corp lifted its stake in Donaldson by 7.8% in the 2nd quarter. Boston Trust Walden Corp now owns 2,825,916 shares of the industrial products company's stock valued at $195,977,000 after purchasing an additional 203,957 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in Donaldson by 0.8% in the second quarter. Geode Capital Management LLC now owns 2,821,115 shares of the industrial products company's stock valued at $195,667,000 after buying an additional 21,334 shares in the last quarter. 82.81% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
DCI has been the subject of a number of analyst reports. Weiss Ratings reiterated a "buy (b)" rating on shares of Donaldson in a research report on Tuesday, October 14th. Stifel Nicolaus upped their target price on Donaldson from $90.00 to $96.00 and gave the company a "hold" rating in a research report on Friday. Wall Street Zen raised Donaldson from a "hold" rating to a "buy" rating in a report on Friday, October 3rd. Morgan Stanley raised Donaldson from an "underweight" rating to an "equal weight" rating and boosted their price target for the company from $72.00 to $84.00 in a research note on Monday, November 24th. Finally, Robert W. Baird set a $100.00 price objective on shares of Donaldson in a research report on Friday. Two 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 has an average rating of "Moderate Buy" and an average price target of $93.33.
Read Our Latest Report on DCI
About Donaldson
(
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Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.
Further Reading
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