Donaldson Company, Inc. $DCI Shares Purchased by Squarepoint Ops LLC

Squarepoint Ops LLC boosted its position in Donaldson Company, Inc. (NYSE:DCI) by 86.8% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 41,111 shares of the industrial products company’s stock after purchasing an additional 19,106 shares during the quarter. Squarepoint Ops LLC’s holdings in Donaldson were worth $2,851,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans grew its holdings in shares of Donaldson by 41.9% during the second quarter. Thrivent Financial for Lutherans now owns 44,215 shares of the industrial products company’s stock worth $3,067,000 after buying an additional 13,064 shares in the last quarter. Advisory Services Network LLC boosted its position in Donaldson by 3.2% during the second quarter. Advisory Services Network LLC now owns 31,087 shares of the industrial products company’s stock worth $2,237,000 after acquiring an additional 974 shares during the last quarter. State of Wyoming grew its stake in Donaldson by 42.4% during the 2nd quarter. State of Wyoming now owns 10,371 shares of the industrial products company’s stock valued at $719,000 after acquiring an additional 3,087 shares in the last quarter. FORA Capital LLC acquired a new stake in Donaldson in the 2nd quarter valued at about $634,000. Finally, Corient Private Wealth LLC lifted its stake in Donaldson by 4.0% in the 2nd quarter. Corient Private Wealth LLC now owns 39,909 shares of the industrial products company’s stock worth $2,807,000 after purchasing an additional 1,528 shares in the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Price Performance

NYSE:DCI opened at $90.50 on Thursday. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $95.00. The stock’s fifty day moving average is $86.63 and its two-hundred day moving average is $78.74. The company has a market capitalization of $10.44 billion, a P/E ratio of 28.19, a P/E/G ratio of 2.25 and a beta of 0.99. The company has a quick ratio of 1.39, a current ratio of 2.15 and a debt-to-equity ratio of 0.44.

Donaldson (NYSE:DCI) last issued its quarterly earnings data on Thursday, December 4th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.93 by $0.01. The firm had revenue of $935.40 million during the quarter, compared to the consensus estimate of $922.68 million. Donaldson had a return on equity of 30.24% and a net margin of 10.25%.The company’s quarterly revenue was up 3.9% on a year-over-year basis. During the same period last year, the company earned $0.83 EPS. Donaldson has set its FY 2026 guidance at 3.950-4.110 EPS. Equities analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 22nd. Stockholders of record on Friday, December 5th will be paid a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, December 5th. Donaldson’s payout ratio is 37.38%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Donaldson in a report on Tuesday, October 14th. Wall Street Zen upgraded Donaldson from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Robert W. Baird set a $100.00 target price on Donaldson in a research note on Friday, December 5th. Morgan Stanley raised shares of 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 report on Monday, November 24th. Finally, Stifel Nicolaus upped their price objective on shares of Donaldson from $90.00 to $96.00 and gave the company a “hold” rating in a report on Friday, December 5th. Two 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 stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.33.

Insider Activity at Donaldson

In other Donaldson news, Director Ajita G. Rajendra sold 19,800 shares of the business’s 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Bradley J. Pogalz sold 566 shares of the firm’s stock in a transaction on Tuesday, December 9th. The stock was sold at an average price of $91.57, for a total value of $51,828.62. Following the transaction, the chief financial officer owned 434 shares of the company’s stock, valued at approximately $39,741.38. This represents a 56.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 2.20% of the company’s stock.

Donaldson Company Profile

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.