Janus Henderson Group PLC Has $93.95 Million Position in Donaldson Company, Inc. (NYSE:DCI)

In the third quarter, Janus Henderson Group PLC reduced its holdings in Donaldson Company, Inc. (NYSE: DCI) by 8.2%, disposing of 113,729 shares. As a result, the firm now owns 1,274,771 shares of the industrial products company, representing 0.91% of Donaldson’s common stock, valued at $93.95 million, according to its most recent filing with the SEC.

Other Institutional Investments in Donaldson
Kayne Anderson Rudnick Investment Management LLC increased its stake in Donaldson by 1.8% in the second quarter, adding 32,964 shares. The firm now owns 1,884,187 shares, valued at $121 million.

American Century Companies Inc. boosted its position by 4.7%, purchasing 75,733 additional shares. The firm’s total holdings now stand at 1,691,903 shares, valued at $121 million.

Dimensional Fund Advisors LP raised its stake by 13.3%, acquiring 153,342 shares in the second quarter. The firm now holds 1,310,372 shares of Donaldson’s stock.

Bank of New York Mellon Corp expanded its investment by purchasing 9,143 additional shares, bringing its total to 1,285,130 shares.

AQR Capital Management LLC increased its holdings by 18.5%, now owning 754,631 shares of Donaldson’s stock.

Insider Transactions
Director Willard D. Oberton sold 2,700 shares of Donaldson’s stock on October 4th, at an average price of $73 per share, totaling $198,099. Following the transaction, he holds 27,983 shares, valued at $2,053,112.71, reducing his ownership to 8.80%.

Director James Owens sold 5,210 shares on September 18th at an average price of $71 per share, generating $373,765. He now directly holds 17,788 shares, worth approximately $1,276,111.12.

Analysts' Recommendations and Ratings
Stifel Nicolaus upgraded Donaldson’s stock to a “Buy” rating with a target price of $76.
Robert W. Baird Inc. raised its target price from $73 to $81, maintaining a “Buy” rating.
The average 12-month price target among analysts is $75, with a current market price of $73.
Company Overview and Market Performance
Donaldson Company, Inc. is a global provider of filtration systems for various industrial applications, including air, fuel, hydraulic, and exhaust systems. The company also manufactures replacement filters and sensor-based filtration solutions.

The company’s financial metrics include:

Market Cap: $900 million
Debt-to-Equity Ratio: 0.88
Quick Ratio: 1.82
Current Ratio: 1.88
P/E Ratio: 21.4
Latest Market Insights
MarketBeat's Analysis:
MarketBeat has identified five stocks that top-rated analysts currently recommend, but surprisingly, Donaldson Company, Inc. was not among them. Despite receiving a “Hold” rating from many analysts, the company remains a strong contender in its sector, with continuous upgrades from leading investment firms.