Insider Selling: Donaldson (NYSE:DCI) Insider Sells 18,500 Shares of Stock

Donaldson Company, Inc. (NYSE:DCI) insider Amy Becker sold 18,500 shares of Donaldson stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $81.71, for a total value of $1,511,635.00. Following the completion of the transaction, the insider owned 44,645 shares in the company, valued at $3,647,942.95. The trade was a 29.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Donaldson Stock Performance

Shares of NYSE DCI traded down $0.04 during trading hours on Tuesday, hitting $79.63. 690,770 shares of the company’s stock were exchanged, compared to its average volume of 597,907. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $83.31. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.93 and a quick ratio of 1.25. The company’s 50-day moving average price is $72.55 and its 200-day moving average price is $69.23. The stock has a market capitalization of $9.28 billion, a price-to-earnings ratio of 26.11, a PEG ratio of 1.89 and a beta of 1.00.

Donaldson (NYSE:DCI) last released its quarterly earnings results on Wednesday, August 27th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.01. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The firm had revenue of $980.70 million for the quarter, compared to the consensus estimate of $951.59 million. During the same quarter last year, the business posted $0.94 EPS. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. On average, sell-side analysts expect that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Tuesday, August 12th were paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Tuesday, August 12th. Donaldson’s dividend payout ratio is 39.34%.

Institutional Investors Weigh In On Donaldson

Large investors have recently added to or reduced their stakes in the business. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Donaldson in the 2nd quarter worth $679,475,000. State Street Corp lifted its position in shares of Donaldson by 0.7% during the second quarter. State Street Corp now owns 5,221,808 shares of the industrial products company’s stock worth $362,132,000 after purchasing an additional 36,866 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of Donaldson by 75.3% in the first 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 buying an additional 1,430,120 shares during the last quarter. Boston Trust Walden Corp grew its position in shares of Donaldson by 7.8% during the second quarter. Boston Trust Walden Corp now owns 2,825,916 shares of the industrial products company’s stock worth $195,977,000 after acquiring an additional 203,957 shares during the last quarter. Finally, Geode Capital Management LLC grew its position in Donaldson by 0.8% in the 2nd 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 hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

DCI has been the topic of several recent research reports. Wall Street Zen downgraded shares of Donaldson from a “buy” rating to a “hold” rating in a report on Saturday, July 5th. Morgan Stanley increased their price objective on shares of Donaldson from $69.00 to $72.00 and gave the company an “underweight” rating in a research report on Tuesday. Robert W. Baird lifted their target price on Donaldson from $78.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday. Finally, Stifel Nicolaus boosted their target price on Donaldson from $69.00 to $84.00 and gave the stock a “hold” rating in a report on Thursday, August 28th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $80.33.

About Donaldson

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.