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Compiled from SEC Form N-PX filings and DONALDSON COMPANY INC.’s Form 8-K, filed November 26, 2024 (Item 5.07 on EDGAR). Page generated October 18, 2026.
Meeting of November 22, 2024: 5 items on DONALDSON COMPANY INC.’s Form 8-K, filed November 26, 2024: 2 approved · 3 without a stated outcome.
None.
Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided
Explore DONALDSON COMPANY INC. in the interactive database Compare manager voting policies
These tallies are DONALDSON COMPANY INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed November 26, 2024 (Item 5.07, “Submission of Matters to a Vote of Security Holders”). They cover every share voted at the meeting, not just the funds that file Form N-PX.
| Ballot item | For | Against | Abstain | Withheld | Broker non-votes | Support (of votes cast) | Reported outcome | Voting standard |
|---|---|---|---|---|---|---|---|---|
| Elect Director: Christopher M. Hilger | 96,155,456 | -- | -- | 4,167,421 | 10,496,744 | 96% | Not verified | — |
| Elect Director: James J. Owens | 98,512,185 | -- | -- | 1,810,692 | 10,496,744 | 98% | Not verified | — |
| Elect Director: Trudy A. Rautio | 94,881,031 | -- | -- | 5,441,846 | 10,496,744 | 95% | Not verified | — |
| 2. A non-binding advisory vote on the compensation of the Company's named executive officers as set forth below | 94,560,259 | 5,467,006 | 295,612 | -- | 10,496,744 | 95% | Approved | — |
| 3. The appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm to audit the Company's financial statements for the fiscal year ending July 31, 2025 as set forth below | 107,501,475 | 3,224,873 | 93,273 | -- | -- | 97% | Approved | — |
Source: DONALDSON COMPANY INC., Form 8-K, filed with the SEC on November 26, 2024 — read the filing on EDGAR.
Each item below shows how the 545 asset managers that disclosed a DONALDSON COMPANY INC. vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report.
Combines 6 wordings of this item as funds reported it.
96% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Christopher M. Hilger
DONALDSON COMPANY INC.’s own tally for this item (“Elect Director: Christopher M. Hilger”): 96,155,456 for, 4,167,421 withheld, per its Form 8-K filed November 26, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 96% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 111 asset managers below reported 43,462,891 for, 1,098,741 withheld, 11,213 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 12,537,822 | 0 | 0 | 0 | For |
| BlackRock | 6,122,657 | 0 | 0 | 0 | For |
| Fidelity | 4,353,651 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,464,317 | 0 | 0 | 0 | For |
| State Street | 2,274,912 | 0 | 0 | 1,070 | For |
| Capitol Series Trust | 1,486,712 | 0 | 0 | 0 | For |
| American Century | 1,358,556 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 1,086,673 | 0 | 0 | 0 | For |
| Dimensional | 1,020,091 | 0 | 0 | 0 | For |
| FMI FUNDS INC | 915,000 | 0 | 0 | 0 | For |
| First Trust | 890,939 | 0 | 0 | 0 | For |
| Invesco | 858,577 | 0 | 0 | 0 | For |
| BOSTON TRUST WALDEN FUNDS | 0 | 0 | 0 | 824,324 | Withhold |
| Allspring | 819,266 | 0 | 0 | 0 | For |
| Charles Schwab | 757,598 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 700,007 | 0 | 0 | 0 | For |
| ProShares | 450,714 | 0 | 0 | 0 | For |
| Equitable | 288,967 | 0 | 0 | 141,083 | Mixed |
| Virtus | 366,818 | 0 | 0 | 0 | For |
| Prudential/PGIM | 314,045 | 0 | 0 | 0 | For |
| Nationwide | 313,315 | 0 | 0 | 0 | For |
| WisdomTree | 261,614 | 0 | 0 | 0 | For |
| TIAA | 259,311 | 0 | 0 | 0 | For |
| JPMorgan | 249,932 | 0 | 0 | 0 | For |
| Lincoln Financial | 208,364 | 0 | 0 | 0 | For |
Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.
Combines 6 wordings of this item as funds reported it.
98% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: James J. Owens
DONALDSON COMPANY INC.’s own tally for this item (“Elect Director: James J. Owens”): 98,512,185 for, 1,810,692 withheld, per its Form 8-K filed November 26, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 98% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 111 asset managers below reported 44,500,215 for, 26,669 withheld, 45,961 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 12,537,822 | 0 | 0 | 0 | For |
| BlackRock | 6,122,657 | 0 | 0 | 0 | For |
| Fidelity | 4,353,651 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,464,317 | 0 | 0 | 0 | For |
| State Street | 2,275,069 | 0 | 0 | 913 | For |
| Capitol Series Trust | 1,486,712 | 0 | 0 | 0 | For |
| American Century | 1,358,556 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 1,086,673 | 0 | 0 | 0 | For |
| Dimensional | 1,020,091 | 0 | 0 | 0 | For |
| FMI FUNDS INC | 915,000 | 0 | 0 | 0 | For |
| First Trust | 890,939 | 0 | 0 | 0 | For |
| Invesco | 858,577 | 0 | 0 | 0 | For |
| BOSTON TRUST WALDEN FUNDS | 824,324 | 0 | 0 | 0 | For |
| Allspring | 819,266 | 0 | 0 | 0 | For |
| Charles Schwab | 757,598 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 700,007 | 0 | 0 | 0 | For |
| ProShares | 450,714 | 0 | 0 | 0 | For |
| Equitable | 430,050 | 0 | 0 | 0 | For |
| Virtus | 366,818 | 0 | 0 | 0 | For |
| Prudential/PGIM | 314,045 | 0 | 0 | 0 | For |
| Nationwide | 313,315 | 0 | 0 | 0 | For |
| WisdomTree | 261,614 | 0 | 0 | 0 | For |
| TIAA | 259,311 | 0 | 0 | 0 | For |
| JPMorgan | 249,932 | 0 | 0 | 0 | For |
| Lincoln Financial | 208,364 | 0 | 0 | 0 | For |
Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.
Combines 6 wordings of this item as funds reported it.
95% Majority: yes · of votes cast
Description as filed by funds: Election of Directors: Trudy A. Rautio
DONALDSON COMPANY INC.’s own tally for this item (“Elect Director: Trudy A. Rautio”): 94,881,031 for, 5,441,846 withheld, per its Form 8-K filed November 26, 2024 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.
Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 95% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.
The 111 asset managers below reported 42,672,615 for, 1,890,141 withheld, 10,089 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 12,537,822 | 0 | 0 | 0 | For |
| BlackRock | 6,122,657 | 0 | 0 | 0 | For |
| Fidelity | 4,353,651 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,464,317 | 0 | 0 | 0 | For |
| State Street | 2,274,912 | 0 | 0 | 1,070 | For |
| Capitol Series Trust | 1,486,712 | 0 | 0 | 0 | For |
| American Century | 1,358,556 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 1,086,673 | 0 | 0 | 0 | For |
| Dimensional | 1,020,091 | 0 | 0 | 0 | For |
| FMI FUNDS INC | 915,000 | 0 | 0 | 0 | For |
| First Trust | 890,939 | 0 | 0 | 0 | For |
| Invesco | 0 | 0 | 0 | 858,577 | Withhold |
| BOSTON TRUST WALDEN FUNDS | 0 | 0 | 0 | 824,324 | Withhold |
| Allspring | 819,266 | 0 | 0 | 0 | For |
| Charles Schwab | 757,598 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 700,007 | 0 | 0 | 0 | For |
| ProShares | 450,714 | 0 | 0 | 0 | For |
| Equitable | 288,967 | 0 | 0 | 141,083 | Mixed |
| Virtus | 366,818 | 0 | 0 | 0 | For |
| Prudential/PGIM | 314,045 | 0 | 0 | 0 | For |
| Nationwide | 313,315 | 0 | 0 | 0 | For |
| WisdomTree | 261,614 | 0 | 0 | 0 | For |
| TIAA | 259,311 | 0 | 0 | 0 | For |
| JPMorgan | 249,932 | 0 | 0 | 0 | For |
| Lincoln Financial | 208,364 | 0 | 0 | 0 | For |
Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.
Combines 14 wordings of this item as funds reported it.
95% Approved · of votes cast
Description as filed by funds: Non-binding advisory vote on the compensation of our Named Executive Officers.
DONALDSON COMPANY INC.’s own tally for this item (“2. A non-binding advisory vote on the compensation of the Company's named executive officers as set forth below”): 94,560,259 for, 5,467,006 against — passed, per its Form 8-K filed November 26, 2024 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Item 2 The Company's stockholders approved a non-binding advisory vote on the compensation of the Company's named executive officers as set forth below:”
Support: 95% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 12,537,822 | 0 | 0 | 0 | For |
| BlackRock | 6,122,657 | 0 | 0 | 0 | For |
| Fidelity | 4,353,651 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,464,317 | 0 | 0 | 0 | For |
| State Street | 2,274,912 | 1,070 | 0 | 0 | For |
| Capitol Series Trust | 1,486,712 | 0 | 0 | 0 | For |
| American Century | 889,000 | 469,556 | 0 | 0 | Mixed |
| JANUS INVESTMENT FUND | 1,086,673 | 0 | 0 | 0 | For |
| Dimensional | 1,020,091 | 0 | 0 | 0 | For |
| FMI FUNDS INC | 0 | 915,000 | 0 | 0 | Against |
| First Trust | 890,939 | 0 | 0 | 0 | For |
| Invesco | 858,577 | 0 | 0 | 0 | For |
| BOSTON TRUST WALDEN FUNDS | 824,324 | 0 | 0 | 0 | For |
| Allspring | 819,266 | 0 | 0 | 0 | For |
| Charles Schwab | 757,598 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 696,660 | 3,347 | 0 | 0 | For |
| Gabelli | 685,500 | 0 | 0 | 0 | For |
| ProShares | 450,714 | 0 | 0 | 0 | For |
| Equitable | 430,050 | 0 | 0 | 0 | For |
| Virtus | 366,818 | 0 | 0 | 0 | For |
| Prudential/PGIM | 314,045 | 0 | 0 | 0 | For |
| Nationwide | 313,315 | 0 | 0 | 0 | For |
| WisdomTree | 261,614 | 0 | 0 | 0 | For |
| TIAA | 259,311 | 0 | 0 | 0 | For |
| JPMorgan | 249,932 | 0 | 0 | 0 | For |
Fund voting reports, all 111 managers: 43,676,697 for, 1,570,810 against, 23,149 abstained. Showing the 25 largest; see all in the interactive database.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 9,286,852 | 0 | 0 | 0 | For |
| State Street | 5,005,950 | 1,120 | 0 | 0 | For |
| BlackRock | 4,138,681 | 34,025 | 0 | 0 | For |
| FRANKLIN ADVISERS INC | 2,866,559 | 0 | 0 | 0 | For |
| GEODE CAPITAL MANAGEMENT, LLC | 2,420,945 | 0 | 0 | 0 | For |
| Fidelity | 2,224,715 | 0 | 0 | 0 | For |
| American Century | 1,172,901 | 480,366 | 0 | 0 | Mixed |
| FULLER & THALER ASSET MANAGEMENT, INC. | 1,556,489 | 0 | 0 | 0 | For |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 1,504,844 | 932 | 0 | 0 | For |
| Boston Trust Walden Co | 1,495,985 | 0 | 0 | 0 | For |
| Janus Henderson | 1,167,252 | 0 | 0 | 0 | For |
| Invesco | 1,117,010 | 0 | 0 | 0 | For |
| Epoch Investment Partners, Inc. | 1,086,328 | 0 | 0 | 0 | For |
| Northern Trust | 1,052,637 | 283 | 0 | 0 | For |
| Close Asset Management Ltd | 1,014,971 | 0 | 0 | 0 | For |
| Allspring | 971,644 | 0 | 0 | 0 | For |
| MELLON INVESTMENTS Corp | 863,321 | 0 | 0 | 0 | For |
| Charles Schwab | 804,483 | 0 | 0 | 0 | For |
| PRINCIPAL GLOBAL INVESTORS | 719,826 | 0 | 0 | 0 | For |
| FIDUCIARY MANAGEMENT INC /WI/ | 0 | 677,602 | 0 | 0 | Against |
| GENEVA CAPITAL MANAGEMENT LLC | 677,205 | 0 | 0 | 0 | For |
| IMPAX ASSET MANAGEMENT LLC | 501,391 | 0 | 0 | 0 | For |
| MOUNTAIN PACIFIC INVESTMENT ADVISERS LLC | 479,188 | 0 | 0 | 0 | For |
| PARAMETRIC PORTFOLIO ASSOCIATES LLC | 478,467 | 0 | 0 | 0 | For |
| T. Rowe Price | 478,343 | 0 | 0 | 0 | For |
Institutional-manager reports, all 455 managers: 54,751,161 for, 2,864,148 against, 3,004 abstained, 4,472 not voted. Showing the 25 largest; see all in the interactive database.
Combines 6 wordings of this item as funds reported it.
97% Approved · of votes cast
Description as filed by funds: Ratification of the appointment of PricewaterhouseCoopers LLP as Donaldson Company, Inc.'s independent registered public accounting firm for the fiscal year ending July 31, 2025.
DONALDSON COMPANY INC.’s own tally for this item (“3. The appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm to audit the Company's financial statements for the fiscal year ending July 31, 2025 as set forth below”): 107,501,475 for, 3,224,873 against — passed, per its Form 8-K filed November 26, 2024 (Item 5.07).
Reported outcome: Approved, in the filing’s own words: “Item 3 The Company's stockholders ratified the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm to audit the Company's financial statements for the fiscal year ending July 31, 2025 as set forth below:”
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
The 113 asset managers below reported 45,240,249 for, 947 against, 23,149 abstained.
| Asset manager | For | Against | Abstain | Withheld | Vote |
|---|---|---|---|---|---|
| Vanguard | 12,537,822 | 0 | 0 | 0 | For |
| BlackRock | 6,122,657 | 0 | 0 | 0 | For |
| Fidelity | 4,353,651 | 0 | 0 | 0 | For |
| FRANKLIN MANAGED TRUST | 2,464,317 | 0 | 0 | 0 | For |
| State Street | 2,275,639 | 343 | 0 | 0 | For |
| Capitol Series Trust | 1,486,712 | 0 | 0 | 0 | For |
| American Century | 1,358,556 | 0 | 0 | 0 | For |
| JANUS INVESTMENT FUND | 1,086,673 | 0 | 0 | 0 | For |
| Dimensional | 1,020,091 | 0 | 0 | 0 | For |
| FMI FUNDS INC | 915,000 | 0 | 0 | 0 | For |
| First Trust | 890,939 | 0 | 0 | 0 | For |
| Invesco | 858,577 | 0 | 0 | 0 | For |
| BOSTON TRUST WALDEN FUNDS | 824,324 | 0 | 0 | 0 | For |
| Allspring | 819,266 | 0 | 0 | 0 | For |
| Charles Schwab | 757,598 | 0 | 0 | 0 | For |
| TRUST FOR PROFESSIONAL MANAGERS | 700,007 | 0 | 0 | 0 | For |
| Gabelli | 685,500 | 0 | 0 | 0 | For |
| ProShares | 450,714 | 0 | 0 | 0 | For |
| Equitable | 430,050 | 0 | 0 | 0 | For |
| Virtus | 366,818 | 0 | 0 | 0 | For |
| Prudential/PGIM | 314,045 | 0 | 0 | 0 | For |
| Nationwide | 313,315 | 0 | 0 | 0 | For |
| WisdomTree | 261,614 | 0 | 0 | 0 | For |
| TIAA | 259,311 | 0 | 0 | 0 | For |
| JPMorgan | 249,932 | 0 | 0 | 0 | For |
Showing the 25 largest of 113 asset managers. See all 113 in the interactive database.
Not shown here: this season’s fund filings also report 2 items from the meeting of November 17, 2023, which belongs to the 2023-2024 season. A meeting outside this season’s July 1 to June 30 window is not counted in this page’s items or in its totals of asset managers and fund votes.
Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported, shown as a share of the 119,732,101 shares outstanding at the time of that meeting.
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | Vanguard | 10.47% |
| 2 | BlackRock | 5.11% |
| 3 | Fidelity | 3.64% |
| 4 | FRANKLIN MANAGED TRUST | 2.06% |
| 5 | State Street | 1.90% |
| 6 | Capitol Series Trust | 1.24% |
| 7 | American Century | 1.13% |
| 8 | JANUS INVESTMENT FUND | 0.91% |
| 9 | Dimensional | 0.85% |
| 10 | FMI FUNDS INC | 0.76% |
| # | Asset manager | % of shares outstanding |
|---|---|---|
| 1 | STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | 7.76% |
| 2 | State Street | 4.18% |
| 3 | BlackRock | 3.49% |
| 4 | FRANKLIN ADVISERS INC | 2.39% |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 2.02% |
| 6 | Fidelity | 1.86% |
| 7 | American Century | 1.38% |
| 8 | FULLER & THALER ASSET MANAGEMENT, INC. | 1.30% |
| 9 | KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | 1.26% |
| 10 | Boston Trust Walden Co | 1.25% |
As disclosed to the SEC in Form 13F (quarter-end holdings of 30 large managers), Schedules 13D and 13G (beneficial ownership above 5%) and the company’s own proxy statement (DEF 14A). Each row names its form.
| Holder | % outstanding | Disclosure |
|---|---|---|
| Vanguard Group | 10.51% | 13F |
| BlackRock | 9.21% | 13F |
| Vanguard Portfolio Management | 5.46% | 13G |
| State Street | 4.33% | 13F |
| FMR (Fidelity) | 3.44% | 13F |
| Morgan Stanley | 1.71% | 13F |
| Dimensional Fund Advisors | 1.52% | 13F |
| Invesco | 1.26% | 13F |
| BNY Mellon | 1.01% | 13F |
Percentages above are of 119,732,101 shares outstanding, as reported by DONALDSON COMPANY INC. on its Form 10-K dated September 13, 2024 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, not today’s. Each holding is as of its own filing, which may be dated before or after the meeting.
Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. Shares outstanding are taken from DONALDSON COMPANY INC.’s 10-K dated September 13, 2024. This page is a static snapshot rebuilt weekly on October 18, 2026; a live search always shows the current data.
At DONALDSON COMPANY INC.'s shareholder meeting held November 22, 2024, in the 2024-2025 proxy season, 545 asset managers reported how they voted on 5 ballot items in their SEC Form N-PX filings, covering 2,903 separate fund positions. On the most widely held item on that ballot — Non-binding advisory vote on the compensation of our Named Executive Officers. — DONALDSON COMPANY INC.'s filing reports the proposal as approved, with 95% support of the votes cast (FOR divided by FOR plus AGAINST, the conventional basis for proxy support; abstentions, broker non-votes and unvoted shares are excluded because none of them took a side). Source: DONALDSON COMPANY INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on November 26, 2024.
DONALDSON COMPANY INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.
Download data (CSV): ballot items · votes by manager · column guide.