Donaldson president Thomas Scalf sells $1.97 million in stock

Published 18/03/2025, 19:06
Donaldson president Thomas Scalf sells $1.97 million in stock

Thomas R. Scalf, President of Donaldson Co. Inc. (NYSE:DCI), executed a significant stock transaction on March 17, 2025. According to an SEC filing, Scalf sold 28,500 shares of common stock at an average price of $69.22 per share, generating approximately $1.97 million. The transaction occurred as the stock trades near its 52-week low, with InvestingPro data showing the company maintains a solid financial health score.

On the same day, Scalf exercised stock options to acquire 28,500 shares at a price of $42.72 per share, totaling about $1.22 million. After these transactions, Scalf’s direct ownership stands at 28,334 shares in the $8.2 billion market cap company. InvestingPro analysis indicates the stock is currently undervalued, with 12 additional key insights available to subscribers.

In other recent news, Donaldson Company Inc. reported its first-quarter 2025 earnings, revealing an adjusted earnings per share (EPS) of $0.83, slightly below the analysts’ forecast of $0.84. The company’s revenue for the quarter was $870 million, which fell short of the expected $908.34 million, marking a 1% decrease year-over-year. Despite these shortfalls, Donaldson’s operating margin improved to 15.2%, showcasing effective cost management. The company has maintained a cautiously optimistic outlook, projecting full-year sales to be flat to up 4% and an adjusted EPS range of $3.60 to $3.68. Donaldson continues to invest strategically in growth initiatives, including technology advancements and capacity expansion. The company also announced a partnership with Daimler (OTC:MBGAF) Truck North America on a hydrogen fuel cell project, highlighting its commitment to alternative power solutions. Analysts did not provide any recent upgrades or downgrades for Donaldson, but the company’s strategic investments and robust balance sheet were noted as positive factors.

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