Berger Financial Group Inc Lowers Position in Donaldson Company, Inc. $DCI

Berger Financial Group Inc cut its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 1.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,823 shares of the industrial products company’s stock after selling 568 shares during the period. Berger Financial Group Inc’s holdings in Donaldson were worth $2,138,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Cullen Frost Bankers Inc. purchased a new position in Donaldson during the first quarter worth about $29,000. Brooklyn Investment Group lifted its position in shares of Donaldson by 113.9% during the 1st quarter. Brooklyn Investment Group now owns 601 shares of the industrial products company’s stock worth $40,000 after buying an additional 320 shares in the last quarter. Steph & Co. purchased a new position in shares of Donaldson in the 2nd quarter worth approximately $46,000. CX Institutional bought a new position in shares of Donaldson in the first quarter valued at approximately $53,000. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Donaldson by 34.3% in the first quarter. Smartleaf Asset Management LLC now owns 802 shares of the industrial products company’s stock valued at $54,000 after acquiring an additional 205 shares in the last quarter. Institutional investors own 82.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Stifel Nicolaus lifted their price target on Donaldson from $69.00 to $84.00 and gave the stock a “hold” rating in a report on Thursday, August 28th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Donaldson in a research report on Saturday, September 27th. Wall Street Zen raised shares of Donaldson from a “hold” rating to a “buy” rating in a report on Friday. Morgan Stanley increased their price target on shares of Donaldson from $69.00 to $72.00 and gave the company an “underweight” rating in a research report on Tuesday, September 2nd. Finally, Robert W. Baird raised their price objective on shares of Donaldson from $78.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Two research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $80.33.

Insiders Place Their Bets

In other news, Director Trudy A. Rautio sold 31,900 shares of the firm’s stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $79.96, for a total value of $2,550,724.00. Following the completion of the transaction, the director directly owned 29,330 shares of the company’s stock, valued at $2,345,226.80. This trade represents a 52.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, President Guillermo Briseno sold 13,500 shares of the business’s stock in a transaction on Wednesday, September 3rd. The shares were sold at an average price of $79.03, for a total value of $1,066,905.00. Following the sale, the president owned 25,309 shares in the company, valued at approximately $2,000,170.27. The trade was a 34.79% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 63,900 shares of company stock worth $5,129,264 over the last 90 days. Corporate insiders own 2.70% of the company’s stock.

Donaldson Stock Down 0.1%

Shares of NYSE DCI opened at $82.60 on Friday. 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 stock has a market capitalization of $9.57 billion, a PE ratio of 27.08, a P/E/G ratio of 1.96 and a beta of 0.99. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $83.31. The business’s fifty day moving average price is $77.57 and its 200-day moving average price is $71.25.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Wednesday, August 27th. The industrial products company reported $1.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.01. The business had revenue of $980.70 million for the quarter, compared to analysts’ expectations of $951.59 million. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.94 EPS. Donaldson has set its FY 2026 guidance at 3.920-4.080 EPS. On average, equities research analysts anticipate 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 was paid on Wednesday, August 27th. Shareholders of record on Tuesday, August 12th were issued a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $1.20 dividend on an annualized basis and a yield of 1.5%. Donaldson’s payout ratio is presently 39.34%.

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.