Donaldson Company, Inc. (DCI)

Donaldson Co., Inc. (DCI) stock has experienced positive movement over the past six months, with a 12.00% increase between November 5, 2024, and November 4, 2025, and a 28.25% increase over the last six months. Key events impacting the stock include Q2 and Q4 Fiscal 2025 earnings exceeding market expectations, leading to a surge in shares. Additionally, Morgan Stanley upgraded Donaldson Company from Underweight to Equalweight on November 24, 2025. Donaldson held its annual meeting of stockholders on November 21, 2025, announcing preliminary voting results.

While the provided information does not explicitly detail a strict seasonal demand pattern for Donaldson's products and services, the company's performance is tied to cyclical end markets, industrial production, and transportation activity. Regulatory trends concerning emissions and air quality also play a role in driving demand for its filtration solutions. Softer end-market conditions, particularly in agriculture and project-based industrial/life sciences businesses, can impact sales. The company benefits from resilient aftermarket demand due to its large installed base, which provides a more stable revenue stream through recurring filter replacement needs. Donaldson's ability to hedge foreign currency exposure also helps stabilize constant currency sales.

Donaldson Company, Inc. (DCI) is a global leader in technology-led filtration products and solutions, operating within the Industrials sector and the Filtration Systems and Pollution Control Equipment industry. Founded in 1915, the company specializes in inventing, developing, and manufacturing advanced filtration products and systems designed to remove contaminants from liquids and air, with a mission to protect people and assets by enabling cleaner air and liquids. Donaldson's business is segmented into Mobile Solutions, Industrial Solutions, and Life Sciences. Mobile Solutions provides replacement filters for air and liquid filtration applications, serving OEMs and distributors. Industrial Solutions offers filtration systems for various industrial processes, selling to dealers, distributors, OEMs, and end-users. Life Sciences focuses on filtration for food, beverage, industrial processes, bioprocessing equipment, and specialized air and gas filtration systems.

Donaldson Company, Inc. operates in approximately 140 sales, manufacturing, and distribution locations in 44 countries across the world. Its primary markets include the US and Canada, Europe, Middle East and Africa (EMEA), Asia Pacific (APAC), and Latin America (LATAM). The company's headquarters are located in Bloomington, Minnesota, U.S.

Donaldson Company, Inc. has cultivated a strong brand reputation over its century-long history, built on innovation, high-quality products, and reliability. The company is recognized for inventing the world's first effective air filter for a farm tractor in 1915 and continues to innovate in filtration technologies. Donaldson's premium filters are often the first choice for OEMs due to the high cost of failure associated with cheaper alternatives. Consistent management and strong insider-alignment rules further contribute to a perception of strong governance.

Donaldson Company, Inc. (DCI) has a diverse ownership structure, predominantly held by institutional investors, accounting for approximately 80.21% of the company's stock. Insiders hold 0.54%, while Public Companies and Individual Investors hold 19.25%. Major institutional owners include The Vanguard Group, Inc., BlackRock, Inc., State Farm Mutual Automobile Insurance Co, State Street Corp, and Fmr Llc.