Patriot Investment Management Group 13F: Exits DCI Stake

Patriot Investment Management Group closed out its investment in Donaldson Company, Inc. (NYSE: DCI), completely selling off its position during the period. According to a Form 13F filing published on October 15, 2026, the fund cut its holdings by 100.0%, dropping from 2,275 shares down to zero. Because 13F reports look backward at the previous quarter, this filing reflects the fund's portfolio status at that time and may not represent its current holdings today.

What Changed in Patriot Investment Management Group's Donaldson Company Position

Patriot Investment Management Group completely exited its stake in the filtration equipment maker, parting ways with all 2,275 shares it previously owned. The total value of the exit is tied to the previous holdings count, as the fund reduced its position to zero shares. Institutional investors frequently adjust their portfolios for various asset allocation reasons, and a complete sale of a smaller stake like this removes the fund from the company's shareholder roster.

Other Institutional Activity in Donaldson Company

Other large funds made substantial moves around the same reporting period. Blackrock Inc. grew its holdings by 724,627 shares, ending with 11,941,762 shares worth about $1,050,516,817. State Farm Mutual Automobile Insurance Co kept its stake steady, holding 9,142,617 shares valued at about $804,276,028 with zero net change. Vanguard Portfolio Management LLC grew its holdings by 5,214 shares, ending with 6,523,217 shares worth about $573,847,407. Vanguard Capital Management LLC grew its holdings by 66,345 shares, ending with 5,249,585 shares worth about $461,805,998. State Street Corporation grew its holdings by 262,287 shares, ending with 5,031,135 shares worth about $442,588,952.

Donaldson Company, Inc. Stock Down 0.4%

Donaldson shares recently traded around $87.43 as of October 16, 2026. The stock sits below its 50-day moving average of $90.31 and below its 200-day moving average of $91.03. The share price rests roughly 22.5% below its 52-week high of $112.84, while trading about 9.8% above its 52-week low of $79.61.

Recent Earnings

Donaldson generated trailing-twelve-month revenue of $3.89 billion alongside trailing-twelve-month earnings of $3.85 per share. The company reported a net profit margin of 11.7% and a return on equity of 28.2%. Its year-over-year revenue growth stood at 8.0%. The company's next quarterly earnings report is scheduled for December 3, 2026.

Dividend

Donaldson pays an annual dividend rate of $1.24 per share, translating to a dividend yield of 1.41%. The company's dividend payout ratio sits at 31.7%, meaning it uses nearly a third of its earnings to support dividend payments to shareholders.

Insider Buying and Selling at Donaldson Company, Inc.

Company insiders made several transactions in recent months. President Deibert Guillermo Briseno sold 20,600 shares on March 26, 2026, at an average price of $84.97 for a total value of $1,750,382. Director James J Owens sold 19,800 shares on April 14, 2026, valued at $1,765,184. Chief Executive Officer Tod E Carpenter sold 3,032 shares on August 31, 2026, at a price of $91.00 for a total of $275,912, and later sold 31,968 shares on September 4, 2026, at $91.10 for a total value of $2,912,285.

Analysts Set New Price Targets

Wall Street analysts have updated their views on the stock ahead of upcoming quarters. On August 19, 2026, Baird maintained its Outperform rating and raised its price target from $95.00 to $105.00. Baird maintained the stock again on August 27, 2026, lifting its target further to $110.00 with an Outperform rating. Later, on September 29, 2026, Morgan Stanley maintained an Equal-Weight rating while raising its price target from $91.00 to $95.00. Across the broader analyst community, the stock carries a consensus hold recommendation and a mean price target of $100.40 based on 5 analyst opinions.

About Donaldson Company

Donaldson Company, Inc. designs and manufactures filtration systems and replacement parts for industrial, mobile, and life sciences applications worldwide. The company provides air, fuel, lube, and hydraulic filtration products used in various heavy-duty equipment and specialized industrial processes. Institutional portfolio adjustments like Patriot's exit highlight how individual managers continuously reallocate capital across industrial holdings.

Bottom Line

Investors will be tracking Donaldson's upcoming earnings release on December 3, 2026, to gauge whether industrial demand is meeting expectations. Future 13F filings will show if other small institutional holders follow Patriot's lead or continue holding shares in the filtration manufacturer.