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Atmus Filtration Technologies Appoints Heath Sharp to Its Board of Directors
Businesswire· 2026-02-06 11:43
Core Viewpoint - Atmus Filtration Technologies Inc. has appointed Heath Sharp to its Board of Directors, highlighting his extensive experience in scaling industrial businesses internationally [1] Company Summary - Atmus Filtration Technologies Inc. is recognized as a global leader in the filtration industry [1] - The CEO and President of Atmus, Steph Disher, emphasized Sharp's over 30 years of leadership experience in manufacturing, product development, and commercial execution [1] Leadership Impact - Heath Sharp's appointment is expected to enhance Atmus's strategic direction and operational execution due to his seasoned background in the industrial sector [1]
Donaldson to Webcast Second Quarter Fiscal 2026 Earnings Conference Call
Businesswire· 2026-02-05 16:36
MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI), a leading worldwide provider of innovative filtration products and solutions, will webcast its second quarter 2026 earnings conference call on Thursday, February 26, 2026, at 9:00 a.m. CT. WEBCAST: To listen to a live webcast of the call, visit the "Events & Presentations†section of Donaldson's Investor Relations website at IR.Donaldson.com and click on the "listen to webcast†option. REPLAY: The webcast replay will be av. ...
Jefferies Upgrades Donaldson Company to "Buy" and Raises Price Target
Financial Modeling Prep· 2026-02-03 02:00
Core Viewpoint - Jefferies upgraded Donaldson Company, Inc. to a "Buy" rating and increased the price target to $123, indicating positive sentiment towards the company's future performance [1][5]. Company Developments - Donaldson announced an agreement to acquire Facet Filtration for $820 million in cash, which is valued at 20 times the projected EBITDA for 2025, or 16.6 times when adjusted for tax benefits and cost savings, aiming to strengthen its position in the filtration industry [2]. - The current stock price of DCI is $101.13, reflecting a slight decrease of 0.79% from the previous day, with a trading range between $99.28 and $102.58 today [3]. - Donaldson's market capitalization is approximately $11.71 billion, indicating a significant presence in the market, with a trading volume of 559,393 shares today, suggesting active investor interest [4][5].
Donaldson to Acquire Facet, an Innovator in Mission-Critical Fuel and Fluid Filtration Solutions
Businesswire· 2026-02-02 13:30
MINNEAPOLIS--(BUSINESS WIRE)--Donaldson Company, Inc. (NYSE: DCI) (Donaldson or the Company), a global leader in technology-led filtration products and solutions, today announced it has entered into a definitive agreement to acquire Filtration Group's Facet Filtration business in an all-cash transaction valued at approximately $820 million. The purchase price represents approximately 20.0x calendar year 2025 EBITDA, or 16.6x when adjusted for the present value of expected tax benefits and cost synergies. De ...
Donaldson Elects Chief Operating Officer Richard Lewis to Succeed Tod Carpenter as President and CEO as Part of Planned Succession
Businesswire· 2026-01-29 21:54
Lewis said, "I am excited about the opportunities in front of us. We have a strong leadership team, a clear strategy, and a culture deeply committed to our customers and operational excellence. I look forward to building on the momentum established under Tod's leadership and continuing to deliver value for our employees, customers and shareholders.†Lewis joined Donaldson in 2002 and became chief operating officer in August 2025. He has held a broad range of senior leadership roles across the Company, incl ...
Atmus Filtration Technologies to Announce Fourth Quarter and Full Year 2025 Results on February 13, 2026
Businesswire· 2026-01-29 11:43
Company Overview - Atmus Filtration Technologies Inc. is a global leader in the filtration industry, operating for over 65 years with a focus on high-performance filtration solutions [3] - The company has two main business segments: Power Solutions, serving global on-and-off highway equipment markets through the Fleetguard® brand, and Industrial Solutions, targeting high-growth markets such as commercial and industrial HVAC, data centers, and power generation through the Koch Filter® brand [3] - Atmus is headquartered in Nashville, Tennessee, and employs nearly 5,000 people worldwide [3] Financial Reporting - Atmus will report its financial results for the fourth quarter and full year 2025 before market open on February 13, 2026 [1] - A conference call will be held on the same day at 10:00 a.m. CT to discuss the financial results with the investment community [1]
Why Parker-Hannifin Rallied 38.2% in 2025
The Motley Fool· 2026-01-25 18:07
Core Viewpoint - Parker-Hannifin Corporation had a strong performance in 2025, with shares increasing by 38.2%, making it an attractive investment opportunity for industrial investors during pullbacks [1]. Financial Performance - The aerospace segment, which is the largest for Parker-Hannifin, experienced significant growth, contributing to margin expansion and multiple earnings beats [2]. - In fiscal 2025, the aerospace division grew by 13% and expanded operating margins by 300 basis points, offsetting a 3% decline in the general industrial segment [4]. - The first fiscal quarter of 2025 saw revenue growth accelerate to 3.7%, or 5% when accounting for divestitures, with adjusted earnings per share increasing by 16% [5]. Acquisitions and Strategy - Parker-Hannifin made two notable acquisitions in 2025: Curtis Instruments for $1 billion and Filtration Group for $9.25 billion, enhancing its presence in the electric vehicle and industrial filtration markets [6]. - The successful integration of Meggitt PLC, acquired for approximately $7.3 billion, contributed to the company's strong performance and cost synergies [4]. Market Position and Valuation - Parker-Hannifin is recognized as a high-performing company with a "Win 3.0" business excellence strategy, which has proven effective in a challenging macroeconomic environment [7]. - Currently, shares are trading at 33 times earnings, which is at the high end of the valuation range for the past decade, indicating that while the company may be fairly valued to over-valued, it remains a high-quality investment option [8].
LiqTech Achieves Major Commercial Pool Milestone with Record Sales of 34 Systems Sold
Globenewswire· 2026-01-13 14:00
BALLERUP, Denmark, Jan. 13, 2026 (GLOBE NEWSWIRE) -- LiqTech International, Inc. (Nasdaq: LIQT), a leading clean technology company specializing in advanced filtration systems, today announced a significant milestone in its commercial swimming pool business, reporting record sales of 34 commercial pool filtration systems sold in 2025. This performance marks the strongest year to date for the company’s commercial pool segment and underscores accelerating market adoption of LiqTech’s filtration technology. Al ...
Buy These 5 Dividend Growth Stocks Amid Conflicting Labor Market Data
ZACKS· 2026-01-12 14:26
Core Insights - Major U.S. stock market indices closed positively on January 9, 2026, following December jobs data, with unemployment rate decreasing to 4.4% but job additions missing expectations [1] Group 1: Market Trends - Investors are shifting towards dividend-growth stocks due to a preference for quality and visibility amid economic uncertainty, as these stocks signal robust cash flows [2][9] - Stocks with a strong history of year-over-year dividend growth are seen as better investments for capital appreciation compared to simple dividend-paying stocks [3][6] Group 2: Characteristics of Dividend Growth Stocks - Dividend growth stocks belong to mature companies, providing a hedge against market volatility and economic uncertainty while offering downside protection through consistent payout increases [4] - These stocks typically exhibit superior fundamentals, including sustainable business models, profitability, rising cash flows, good liquidity, and strong balance sheets [5] Group 3: Selected Dividend Growth Stocks - Woodward Inc. (WWD): Expected revenue growth of 11.2% for fiscal 2026, long-term earnings growth rate of 15.20%, and annual dividend yield of 0.35% [10][11] - Cardinal Health (CAH): Projected revenue growth of 16.2% for fiscal 2026, long-term earnings growth rate of 13.90%, and annual dividend yield of 1.02% [12] - Fox Corp. (FOX): Anticipated revenue growth of 3.6% for fiscal 2027, long-term earnings growth rate of 10.10%, and annual dividend yield of 0.84% [13] - Kinross Gold (KGC): Expected revenue growth of 11% for fiscal 2026, long-term earnings growth rate of 36.5%, and annual dividend yield of 0.45% [14] - Donaldson (DCI): Projected revenue growth of 3.5% for fiscal 2026, long-term earnings growth rate of 10%, and annual dividend yield of 1.26% [15]
Atmus Filtration Technologies Completes Acquisition of Koch Filter Corporation
Businesswire· 2026-01-07 11:48
NASHVILLE, Tenn.--(BUSINESS WIRE)--Atmus Filtration Technologies Inc. ("Atmus†; NYSE: ATMU), a global leader in filtration and media solutions, today announced that it has closed its acquisition of Koch Filter Corporation ("Koch Filter†) from Air Distribution Technologies, Inc. ("ADTi†), a portfolio company of Truelink Capital, for a total cash consideration of approximately $450 million, subject to customary purchase price adjustments. The completion of the Koch Filter acquisition establishes. ...