Virtu Financial LLC Buys New Stake in Donaldson Company, Inc. $DCI

Virtu Financial LLC purchased a new stake in Donaldson Company, Inc. (NYSE:DCI) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,341 shares of the industrial products company’s stock, valued at approximately $828,000.

A number of other institutional investors also recently bought and sold shares of the business. State Street Corp increased its holdings in shares of Donaldson by 0.7% in the 2nd quarter. State Street Corp now owns 5,221,808 shares of the industrial products company’s stock valued at $362,132,000 after acquiring an additional 36,866 shares during the last quarter. Geode Capital Management LLC lifted its stake in Donaldson by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 2,846,214 shares of the industrial products company’s stock worth $252,386,000 after purchasing an additional 15,674 shares during the last quarter. Morgan Stanley boosted its holdings in Donaldson by 1.9% in the fourth quarter. Morgan Stanley now owns 2,542,166 shares of the industrial products company’s stock valued at $225,389,000 after purchasing an additional 47,062 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its holdings in Donaldson by 22.0% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 2,109,595 shares of the industrial products company’s stock valued at $187,037,000 after purchasing an additional 380,419 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Donaldson by 0.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,010,010 shares of the industrial products company’s stock valued at $178,224,000 after purchasing an additional 15,799 shares during the last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Donaldson

In other Donaldson news, Director James Owens sold 13,753 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $89.21, for a total transaction of $1,226,905.13. Following the completion of the sale, the director directly owned 22,565 shares of the company’s stock, valued at $2,013,023.65. This represents a 37.87% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In the last 90 days, insiders sold 19,800 shares of company stock valued at $1,765,184. Insiders own 2.20% of the company’s stock.

Donaldson Stock Up 0.1%

DCI stock opened at $85.59 on Monday. The company has a market cap of $9.92 billion, a price-to-earnings ratio of 23.01, a price-to-earnings-growth ratio of 2.16 and a beta of 0.95. The company has a fifty day moving average price of $85.76 and a 200 day moving average price of $91.58. The company has a debt-to-equity ratio of 0.35, a current ratio of 2.35 and a quick ratio of 1.55. Donaldson Company, Inc. has a 12 month low of $67.71 and a 12 month high of $112.84.

Donaldson (NYSE:DCI) last issued its quarterly earnings data on Tuesday, June 2nd. The industrial products company reported $1.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.05 by $0.01. The company had revenue of $995.10 million for the quarter, compared to the consensus estimate of $973.65 million. Donaldson had a net margin of 11.52% and a return on equity of 29.17%. Donaldson’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period last year, the firm posted $0.99 EPS. Donaldson has set its FY 2026 guidance at 3.940-4.010 EPS. Sell-side analysts expect that Donaldson Company, Inc. will post 3.96 earnings per share for the current year.

Donaldson Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 30th. Investors of record on Monday, June 15th will be issued a dividend of $0.32 per share. This is an increase from Donaldson’s previous quarterly dividend of $0.30. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, June 15th. Donaldson’s dividend payout ratio is 34.41%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on DCI shares. Robert W. Baird cut their price objective on shares of Donaldson from $104.00 to $95.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Weiss Ratings upgraded shares of Donaldson from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Morgan Stanley dropped their target price on shares of Donaldson from $93.00 to $91.00 and set an “equal weight” rating on the stock in a research report on Monday, March 9th. Wells Fargo & Company set a $91.00 price target on shares of Donaldson in a research note on Thursday, June 4th. Finally, UBS Group set a $96.00 price target on shares of Donaldson in a research report on Tuesday, February 24th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $97.83.

Donaldson 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.