7,836 Shares in Donaldson Company, Inc. $DCI Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new stake in Donaldson Company, Inc. (NYSE:DCI) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,836 shares of the industrial products company’s stock, valued at approximately $703,000.

Other large investors have also recently modified their holdings of the company. Allworth Financial LP bought a new stake in shares of Donaldson in the second quarter worth $29,000. Trust Co. of Vermont bought a new position in Donaldson during the 2nd quarter worth $31,000. Leonteq Securities AG acquired a new position in Donaldson during the 4th quarter worth about $40,000. Clearstead Advisors LLC lifted its holdings in Donaldson by 92.6% during the 4th quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company’s stock worth $53,000 after buying an additional 288 shares during the period. Finally, Strive Financial Group LLC bought a new stake in shares of Donaldson in the 4th quarter valued at about $57,000. Institutional investors own 82.81% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on DCI shares. Stifel Nicolaus set a $95.00 price target on Donaldson in a research note on Friday. Weiss Ratings upgraded Donaldson from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, August 20th. Wells Fargo & Company set a $91.00 target price on shares of Donaldson in a research report on Thursday, June 4th. Robert W. Baird raised their price target on shares of Donaldson from $105.00 to $110.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Wall Street Zen upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a research report on Sunday, August 9th. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, Donaldson has an average rating of “Moderate Buy” and a consensus target price of $101.00.

Donaldson Trading Down 0.6%

Shares of DCI stock opened at $91.81 on Friday. Donaldson Company, Inc. has a fifty-two week low of $78.52 and a fifty-two week high of $112.84. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.55 and a current ratio of 2.08. The stock has a 50 day simple moving average of $92.01 and a two-hundred day simple moving average of $90.33. The company has a market cap of $10.64 billion, a P/E ratio of 23.85, a PEG ratio of 2.14 and a beta of 0.92.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Wednesday, August 26th. The industrial products company reported $1.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.13 by $0.02. The firm had revenue of $1.06 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Donaldson had a return on equity of 28.68% and a net margin of 11.68%.The company’s revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period in the prior year, the business earned $1.03 EPS. Donaldson has set its FY 2027 guidance at 4.220-4.380 EPS. Research analysts forecast that Donaldson Company, Inc. will post 4.32 earnings per share for the current year.

Donaldson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 17th will be issued a $0.32 dividend. This represents a $1.28 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date is Monday, August 17th. Donaldson’s dividend payout ratio (DPR) is presently 34.41%.

About Donaldson

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.