Pinestone Asset Management Reduces $11M in Donaldson Company, Inc. ($DCI)

Pinestone Asset Management has significantly reduced its holdings in Donaldson Company, Inc. (NYSE:DCI). According to its latest Form 13F filing with the SEC, Pinestone slashed its position by about 125,133 shares, ending the reporting period with 14,228 shares valued at approximately $1.23 million. This marks an 89.8% decrease from its previous holdings of 139,361 shares.

What Changed in Pinestone Asset Management's Donaldson Company Position

Pinestone Asset Management's recent filing indicates a substantial reduction in its investment in Donaldson Company. The firm cut its holdings by 125,133 shares, bringing its total to 14,228 shares. This adjustment represents an 89.8% drop in the number of shares held, reflecting a strategic move in its portfolio management.

Other Institutional Activity in Donaldson Company

In the same period, BlackRock, Inc. increased its stake in Donaldson Company by 300,019 shares, bringing its total to 11,217,068 shares worth about $951.99 million. State Farm Mutual Automobile Insurance Co maintained its position with 9,142,617 shares valued at $775.93 million. Meanwhile, Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both initiated positions, ending with 6,518,149 shares and 5,183,334 shares, respectively, valued at $553.20 million and $439.91 million. Conversely, State Street Corp reduced its stake by 88,672 shares, finishing with 4,768,908 shares valued at approximately $404.74 million.

Donaldson Company Stock Snapshot

As of the latest trading, Donaldson Company's shares were priced at $86.40. The company boasts a market cap of $10.01 billion, with a P/E ratio of 23.29 and a forward P/E of 19.70. Its beta stands at 0.955, indicating slightly less volatility compared to the market. Over the past year, the stock has ranged from a low of $67.71 to a high of $112.84, with moving averages of $85.81 (50-day) and $88.82 (200-day). The company maintains a current ratio of 2.35 and a quick ratio of 1.39, with a debt-to-equity ratio of 35.88.

Recent Earnings

Donaldson Company reported revenue of approximately $3.81 billion, reflecting a revenue growth of 5.8%. The net margin was 11.53%, with a return on equity of 27.78%. The company's earnings per share (EPS) stood at $3.71. Investors are looking forward to the next earnings report scheduled for August 27, 2026.

Dividend

Donaldson Company offers an annual dividend rate of $1.22, yielding 1.41% based on its current stock price. The dividend payout ratio is 32.35%, indicating a sustainable distribution policy.

Insider Buying and Selling at Donaldson Company, Inc.

Recent insider activity includes transactions by James Owens, who sold 13,753 shares on April 14, 2026, at an average price of $89.21. On the same date, Owens also made a purchase of 13,753 shares at an average price of $45.48. Additionally, on April 13, 2026, Owens sold 5,921 shares at a price of $89.02 and bought the same amount at $42.26.

Analysts Set New Price Targets

On June 4, 2026, Stifel maintained its hold rating on Donaldson Company with a price target of $91. Earlier, on March 30, 2026, Baird reiterated its buy rating with a target of $95. Morgan Stanley also maintained a hold rating with a $91 target on March 9, 2026. The consensus recommendation is a buy, with an average target price of $96.80 based on five analyst opinions.

About Donaldson Company

Donaldson Company, Inc. is a leader in manufacturing filtration systems and replacement parts for various industries worldwide. The company operates in the Industrials sector, focusing on specialty industrial machinery. Its operations are divided into three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Headquartered in Bloomington, Minnesota, Donaldson serves a diverse range of markets, including construction, mining, agriculture, aerospace, and defense. The company employs approximately 15,000 people globally.

Bottom Line

Pinestone Asset Management's substantial reduction in its Donaldson Company stake is a noteworthy shift in its investment strategy. Investors keep a close eye on 13F filings to gauge institutional sentiment, though these reports are retrospective and may not reflect current positions. With a robust market presence and diverse product offerings, Donaldson Company remains a significant player in the industrial filtration sector.