Mountain Pacific Investment Advisers LLC Trims Position in Donaldson Company, Inc. $DCI

Mountain Pacific Investment Advisers LLC lowered its position in Donaldson Company, Inc. (NYSE:DCI) by 5.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 427,196 shares of the industrial products company’s stock after selling 23,997 shares during the quarter. Donaldson comprises about 2.1% of Mountain Pacific Investment Advisers LLC’s holdings, making the stock its 17th biggest holding. Mountain Pacific Investment Advisers LLC owned approximately 0.37% of Donaldson worth $29,626,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of DCI. Truist Financial Corp boosted its holdings in Donaldson by 5.3% in the 2nd quarter. Truist Financial Corp now owns 6,516 shares of the industrial products company’s stock valued at $452,000 after purchasing an additional 326 shares during the last quarter. Janney Montgomery Scott LLC lifted its holdings in Donaldson by 2.2% in the second quarter. Janney Montgomery Scott LLC now owns 7,291 shares of the industrial products company’s stock valued at $506,000 after acquiring an additional 160 shares during the last quarter. Steph & Co. purchased a new position in Donaldson in the second quarter worth approximately $46,000. Perigon Wealth Management LLC grew its position in Donaldson by 6.7% in the second quarter. Perigon Wealth Management LLC now owns 3,321 shares of the industrial products company’s stock worth $230,000 after acquiring an additional 209 shares during the period. Finally, Sylvest Advisors LLC increased its stake in Donaldson by 15.7% during the second quarter. Sylvest Advisors LLC now owns 9,132 shares of the industrial products company’s stock worth $633,000 after acquiring an additional 1,237 shares during the last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Robert W. Baird increased their price target on Donaldson from $78.00 to $85.00 and gave the stock an “outperform” rating in a report on Friday, August 29th. Wall Street Zen cut shares of Donaldson from a “buy” rating to a “hold” rating in a research report on Saturday, July 5th. Stifel Nicolaus lifted their price target on shares of Donaldson from $69.00 to $84.00 and gave the company a “hold” rating in a research report on Thursday, August 28th. Finally, Morgan Stanley upped their price objective on shares of Donaldson from $69.00 to $72.00 and gave the stock an “underweight” rating in a report on Tuesday, September 2nd. One analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Donaldson has an average rating of “Hold” and an average price target of $80.33.

Insiders Place Their Bets

In other Donaldson 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 sale, the director directly owned 29,330 shares in the company, 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 filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Amy C. Becker sold 18,500 shares of the company’s stock in a transaction dated 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 transaction, the insider directly owned 44,645 shares of the company’s stock, valued at approximately $3,647,942.95. This represents a 29.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 63,900 shares of company stock worth $5,129,264 in the last 90 days. Corporate insiders own 2.70% of the company’s stock.

Donaldson Trading Up 0.2%

NYSE DCI opened at $82.03 on Thursday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.25 and a current ratio of 1.93. The firm has a market cap of $9.51 billion, a price-to-earnings ratio of 26.89, a PEG ratio of 1.94 and a beta of 0.99. The firm has a 50 day simple moving average of $77.12 and a 200-day simple moving average of $71.04. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $83.31.

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

Donaldson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, August 27th. Investors of record on Tuesday, August 12th were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Tuesday, August 12th. Donaldson’s dividend payout ratio is presently 39.34%.

Donaldson 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.