Free Trial

Geode Capital Management LLC Has $180.52 Million Stock Position in Donaldson Company, Inc. (NYSE:DCI)

Donaldson logo with Industrial Products background

Geode Capital Management LLC raised its holdings in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 5.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,448,879 shares of the industrial products company's stock after purchasing an additional 118,156 shares during the period. Geode Capital Management LLC owned 2.04% of Donaldson worth $180,522,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. UMB Bank n.a. grew its holdings in shares of Donaldson by 359.2% in the 3rd quarter. UMB Bank n.a. now owns 349 shares of the industrial products company's stock valued at $26,000 after buying an additional 273 shares during the period. Capital Performance Advisors LLP bought a new position in shares of Donaldson during the 3rd quarter valued at about $41,000. V Square Quantitative Management LLC increased its stake in Donaldson by 52.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company's stock worth $45,000 after purchasing an additional 207 shares in the last quarter. GAMMA Investing LLC lifted its stake in Donaldson by 72.0% in the third quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company's stock valued at $53,000 after buying an additional 301 shares in the last quarter. Finally, Headlands Technologies LLC boosted its holdings in shares of Donaldson by 221.0% in the second quarter. Headlands Technologies LLC now owns 1,011 shares of the industrial products company's stock valued at $72,000 after buying an additional 696 shares during the period. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Donaldson

In other news, President Thomas R. Scalf sold 4,295 shares of the company's stock in a transaction that occurred on Monday, October 7th. The stock was sold at an average price of $73.33, for a total value of $314,952.35. Following the transaction, the president now owns 30,834 shares of the company's stock, valued at approximately $2,261,057.22. This represents a 12.23 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James Owens sold 5,210 shares of Donaldson stock in a transaction that occurred on Wednesday, September 18th. The stock was sold at an average price of $71.74, for a total value of $373,765.40. Following the sale, the director now directly owns 17,788 shares of the company's stock, valued at approximately $1,276,111.12. The trade was a 22.65 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 167,805 shares of company stock worth $12,310,222 over the last ninety days. Insiders own 2.70% of the company's stock.

Analyst Upgrades and Downgrades

DCI has been the topic of several research reports. StockNews.com raised shares of Donaldson from a "buy" rating to a "strong-buy" rating in a research report on Saturday, September 28th. Stifel Nicolaus cut their price target on Donaldson from $76.00 to $71.00 and set a "hold" rating on the stock in a report on Thursday, August 29th. Robert W. Baird increased their price objective on Donaldson from $81.00 to $83.00 and gave the stock an "outperform" rating in a report on Wednesday, December 4th. Finally, Morgan Stanley boosted their target price on Donaldson from $67.00 to $68.00 and gave the company an "underweight" rating in a research note on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $74.00.

Check Out Our Latest Stock Analysis on DCI

Donaldson Stock Down 0.3 %

Shares of NYSE DCI traded down $0.23 during mid-day trading on Monday, hitting $71.91. The company had a trading volume of 601,242 shares, compared to its average volume of 506,993. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35. The firm has a 50-day simple moving average of $75.00 and a two-hundred day simple moving average of $73.36. The company has a market capitalization of $8.59 billion, a PE ratio of 20.97, a price-to-earnings-growth ratio of 1.90 and a beta of 1.04. Donaldson Company, Inc. has a one year low of $61.79 and a one year high of $78.95.

Donaldson (NYSE:DCI - Get Free Report) last posted its quarterly earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.01. The firm had revenue of $900.10 million for the quarter, compared to analyst estimates of $888.88 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The business's quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.75 EPS. On average, equities analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be given a dividend of $0.27 per share. The ex-dividend date is Monday, December 9th. This represents a $1.08 dividend on an annualized basis and a yield of 1.50%. Donaldson's dividend payout ratio (DPR) is 31.40%.

Donaldson Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

Should you invest $1,000 in Donaldson right now?

Before you consider Donaldson, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Donaldson wasn't on the list.

While Donaldson currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 Best Stocks to Own in 2025 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2025 and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

From Landfills to Profits: Opal Fuels CEO Shares How the Company Turns Trash into Cash
The Real Reason Tesla Stock Is Soaring – and Why Tech Expert Says It Won’t Stop
Best ETFs for 2025: Growth, Stability, and AI-Driven Investing

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines