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

Scharf Investments LLC decreased its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 64.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 273,570 shares of the industrial products company’s stock after selling 498,602 shares during the period. Scharf Investments LLC’s holdings in Donaldson were worth $24,256,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its holdings in shares of Donaldson by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 490,001 shares of the industrial products company’s stock valued at $40,108,000 after buying an additional 25,156 shares during the period. Bank of New York Mellon Corp raised its position in Donaldson by 10.6% in the third quarter. Bank of New York Mellon Corp now owns 1,283,326 shares of the industrial products company’s stock worth $105,040,000 after acquiring an additional 123,000 shares in the last quarter. Dimensional Fund Advisors LP raised its position in Donaldson by 1.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,994,211 shares of the industrial products company’s stock worth $163,218,000 after acquiring an additional 20,478 shares in the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in Donaldson in the 3rd quarter valued at about $3,068,000. Finally, First National Bank of Omaha acquired a new stake in Donaldson in the 3rd quarter valued at about $483,000. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on DCI. Morgan Stanley lowered their price objective on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a research note on Monday, March 9th. Weiss Ratings restated a “buy (b)” rating on shares of Donaldson in a research report on Friday, January 9th. Jefferies Financial Group upped their price target on Donaldson to $123.00 and gave the company a “buy” rating in a report on Monday, February 2nd. UBS Group set a $96.00 price objective on Donaldson in a research report on Tuesday, February 24th. Finally, Robert W. Baird reduced their price objective on Donaldson from $104.00 to $95.00 and set an “outperform” rating for the company in a research note on Monday. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $100.20.

Donaldson Stock Performance

Shares of DCI opened at $84.75 on Wednesday. The company has a 50-day moving average of $97.08 and a two-hundred day moving average of $90.86. The stock has a market cap of $9.81 billion, a price-to-earnings ratio of 26.48, a PEG ratio of 2.08 and a beta of 1.02. The company has a debt-to-equity ratio of 0.43, a current ratio of 2.29 and a quick ratio of 1.46. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $112.84.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Thursday, February 26th. The industrial products company reported $0.83 EPS 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 firm had revenue of $896.30 million during the quarter, compared to analysts’ expectations of $898.64 million. During the same quarter last year, the company posted $0.83 EPS. The firm’s revenue was up 3.0% compared to the same quarter last year. Donaldson has set its FY 2026 guidance at 3.930-4.010 EPS. On average, equities 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 announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 12th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Thursday, February 12th. Donaldson’s dividend payout ratio (DPR) is 37.50%.

Donaldson Company 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.