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“DONALDSON Earnings Outlook: Insider Trades, Hedge Fund Movements, and Key Insights”

Donaldson Set to Release Earnings Data on June 3rd

Donaldson Company Inc. ($DCI) will announce its quarterly earnings on Tuesday, June 3rd, prior to the market opening, according to Finnhub. Analysts project a revenue of $945,378,513 and earnings of $0.95 per share.

Recent Insider Trading Activity

In the past six months, Donaldson insiders executed six trades of $DCI stock, all being sales with no purchases reported. Below are the details of insider transactions:

  • Thomas R. Scalf (President) sold 58,000 shares in 2 transactions for approximately $4,005,025.
  • James Owens sold 18,700 shares for around $1,159,774.
  • Trudy A. Rautio sold 14,000 shares for about $946,399.
  • Willard D. Obertin sold 9,000 shares in 2 transactions for approximately $613,440.

Hedge Fund Activity Overview

Recently, 242 institutional investors increased their positions in Donaldson, while 299 reduced theirs. Notable transactions include:

  • Kayne Anderson Rudnick Investment Management LLC added 1,430,120 shares (+75.3%) for approximately $95,903,847.
  • First Trust Advisors LP added 956,364 shares (+107.3%) for an estimated $64,133,769.
  • Carnegie Investment Counsel added 345,453 shares (+inf%) valued at around $23,166,078.
  • Capital Counsel LLC/NY added 335,114 shares (+51.0%) for an estimated $22,472,744.
  • Prudential Financial Inc removed 317,185 shares (-76.0%) valued at about $21,270,426.
  • UBS Group AG added 310,970 shares (+60.7%) for approximately $20,853,648.
  • BlackRock, Inc. removed 295,418 shares (-2.6%) valued at around $19,810,731.

Recent Government Contracts

Donaldson has received a total of $89,527 in government contract payments over the past year. Additional details on the most substantial awards are available via tracking dashboards.

This article does not constitute financial advice. Disclaimers regarding potential inaccuracies are available for review.

The views expressed herein do not necessarily reflect those of Nasdaq, Inc.

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