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DONALDSON COMPANY INC. 2024-2025 Proxy Voting Records

Compiled from SEC Form N-PX filings and DONALDSON COMPANY INC.’s Form 8-K, filed 2024-11-26 (Item 5.07 on EDGAR). Page generated 02 October 2026.

9Reported items
542Asset managers
2,898Fund votes
2024-11-22Meeting date

Proxy season: 2023-2024 2024-2025 2025-2026

Explore DONALDSON COMPANY INC. in the interactive database Compare manager voting policies

Official 2024-2025 meeting results reported by DONALDSON COMPANY INC.

These tallies are DONALDSON COMPANY INC.’s own, as disclosed to the U.S. Securities and Exchange Commission on Form 8-K, filed 2024-11-26 (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.

DONALDSON COMPANY INC. — official shareholder meeting results, meeting held 2024-11-22
Ballot item	For	Against	Abstain	Withheld	Broker non-votes	Outcome
Elect Director: Christopher M. Hilger	96,155,456	--	--	4,167,421	10,496,744	Majority: yes
Elect Director: James J. Owens	98,512,185	--	--	1,810,692	10,496,744	Majority: yes
Elect Director: Trudy A. Rautio	94,881,031	--	--	5,441,846	10,496,744	Majority: yes
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:	94,560,259	5,467,006	295,612	--	10,496,744	Majority: yes

Source: DONALDSON COMPANY INC., Form 8-K, filed with the SEC on 2024-11-26 — read the filing on EDGAR.

How asset managers voted at the DONALDSON COMPANY INC. 2024-2025 meeting

Each item below shows how the 542 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. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of DONALDSON COMPANY INC.’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Non-binding advisory vote on the compensation of our Named Executive Officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2024-11-22.

Combines 14 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 94,560,259AGAINST: 5,467,006

DONALDSON COMPANY INC.’s own tally for this item (“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:”): 94,560,259 for, 5,467,006 against, per its Form 8-K filed 2024-11-26 (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. Of all 119,732,101 outstanding shares: 79% for, 5% against (84% of the company cast a for/against vote).

The 529 asset managers below cast 96% of the shares they voted on this item FOR. Fund share totals are not shown for this item: fund-reported shares overlap across filings (an adviser and the funds it manages can each report the same shares), and here their sum exceeds the total votes cast at the meeting.

FOR 96%

FOR: 95.7%AGAINST: 4.3%ABSTAIN: 0.0%NOT VOTED: 0.0%

Largest asset managers voting on “Non-binding advisory vote on the compensation of our Named Executive Officers.” at DONALDSON COMPANY INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	12,808,629	0	For
BlackRock	10,261,338	34,025	For
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	9,286,852	0	For
State Street	7,280,862	2,190	For
Fidelity	6,578,366	0	For
American Century	2,061,901	949,922	For
FRANKLIN ADVISERS INC	2,866,559	0	For
FRANKLIN MANAGED TRUST	2,464,317	0	For
GEODE CAPITAL MANAGEMENT, LLC	2,420,945	0	For
Invesco	1,975,587	0	For
Allspring	1,790,910	0	For
Charles Schwab	1,562,081	0	For
FULLER & THALER ASSET MANAGEMENT, INC.	1,556,489	0	For
KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC	1,504,844	932	For
Boston Trust Walden Co	1,495,985	0	For
Capitol Series Trust	1,486,712	0	For
Dimensional	1,359,325	0	For
Northern Trust	1,149,876	20,901	For
Janus Henderson	1,167,252	0	For
JANUS INVESTMENT FUND	1,086,673	0	For
Gabelli	1,086,436	0	For
Epoch Investment Partners, Inc.	1,086,328	0	For
Close Asset Management Ltd	1,014,971	0	For
FMI FUNDS INC	0	915,000	Against
First Trust	894,697	1,131	For

Showing the 25 largest of 529 asset managers. See all 529 in the interactive database.

2. Election of Directors: Christopher M. Hilger

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-11-22.

Combines 6 wordings of this item as funds reported it.

96% Majority: yes · of votes cast

FOR 96%

FOR: 96,155,456WITHHELD: 4,167,421

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 2024-11-26 (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. Of all 119,732,101 outstanding shares: 80% for, 3% withheld (84% of the company cast a for/withheld vote).

The 111 asset managers below cast 100% of the shares they voted on this item FOR (43,452,034 for, 0 against).

FOR 98%

FOR: 43,452,034 (97.5%)ABSTAIN: 1,109,954 (2.5%)

Largest asset managers voting on “Election of Directors: Christopher M. Hilger” at DONALDSON COMPANY INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	12,537,822	0	For
BlackRock	6,122,657	0	For
Fidelity	4,353,651	0	For
FRANKLIN MANAGED TRUST	2,464,317	0	For
State Street	2,274,912	1,070	For
Capitol Series Trust	1,486,712	0	For
American Century	1,358,556	0	For
JANUS INVESTMENT FUND	1,086,673	0	For
Dimensional	1,020,091	0	For
FMI FUNDS INC	915,000	0	For
First Trust	890,939	0	For
Invesco	858,577	0	For
BOSTON TRUST WALDEN FUNDS	0	824,324	Abstain
Allspring	819,266	0	For
Charles Schwab	757,598	0	For
TRUST FOR PROFESSIONAL MANAGERS	700,007	0	For
ProShares	450,714	0	For
Equitable	288,967	141,083	For
Virtus	366,818	0	For
Prudential/PGIM	314,045	0	For
Nationwide	313,315	0	For
WisdomTree	261,614	0	For
TIAA	259,311	0	For
JPMorgan	249,932	0	For
Lincoln Financial	208,364	0	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

3. Election of Directors: James J. Owens

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-11-22.

Combines 6 wordings of this item as funds reported it.

98% Majority: yes · of votes cast

FOR 98%

FOR: 98,512,185WITHHELD: 1,810,692

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 2024-11-26 (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. Of all 119,732,101 outstanding shares: 82% for, 2% withheld (84% of the company cast a for/withheld vote).

The 111 asset managers below cast 100% of the shares they voted on this item FOR (44,489,358 for, 0 against).

FOR 99.8%

FOR: 44,489,358 (99.8%)ABSTAIN: 72,630 (0.2%)

Largest asset managers voting on “Election of Directors: James J. Owens” at DONALDSON COMPANY INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	12,537,822	0	For
BlackRock	6,122,657	0	For
Fidelity	4,353,651	0	For
FRANKLIN MANAGED TRUST	2,464,317	0	For
State Street	2,275,069	913	For
Capitol Series Trust	1,486,712	0	For
American Century	1,358,556	0	For
JANUS INVESTMENT FUND	1,086,673	0	For
Dimensional	1,020,091	0	For
FMI FUNDS INC	915,000	0	For
First Trust	890,939	0	For
Invesco	858,577	0	For
BOSTON TRUST WALDEN FUNDS	824,324	0	For
Allspring	819,266	0	For
Charles Schwab	757,598	0	For
TRUST FOR PROFESSIONAL MANAGERS	700,007	0	For
ProShares	450,714	0	For
Equitable	430,050	0	For
Virtus	366,818	0	For
Prudential/PGIM	314,045	0	For
Nationwide	313,315	0	For
WisdomTree	261,614	0	For
TIAA	259,311	0	For
JPMorgan	249,932	0	For
Lincoln Financial	208,364	0	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

4. Election of Directors: Trudy A. Rautio

DIRECTOR ELECTIONSMajority of the votes cast: yes

Meeting held 2024-11-22.

Combines 6 wordings of this item as funds reported it.

95% Majority: yes · of votes cast

FOR 95%

FOR: 94,881,031WITHHELD: 5,441,846

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 2024-11-26 (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. Of all 119,732,101 outstanding shares: 79% for, 5% withheld (84% of the company cast a for/withheld vote).

The 111 asset managers below cast 100% of the shares they voted on this item FOR (42,661,758 for, 0 against).

FOR 96%

FOR: 42,661,758 (95.7%)ABSTAIN: 1,900,230 (4.3%)

Largest asset managers voting on “Election of Directors: Trudy A. Rautio” at DONALDSON COMPANY INC., 2024-2025
Asset manager	For	Abstain	Vote
Vanguard	12,537,822	0	For
BlackRock	6,122,657	0	For
Fidelity	4,353,651	0	For
FRANKLIN MANAGED TRUST	2,464,317	0	For
State Street	2,274,912	1,070	For
Capitol Series Trust	1,486,712	0	For
American Century	1,358,556	0	For
JANUS INVESTMENT FUND	1,086,673	0	For
Dimensional	1,020,091	0	For
FMI FUNDS INC	915,000	0	For
First Trust	890,939	0	For
Invesco	0	858,577	Abstain
BOSTON TRUST WALDEN FUNDS	0	824,324	Abstain
Allspring	819,266	0	For
Charles Schwab	757,598	0	For
TRUST FOR PROFESSIONAL MANAGERS	700,007	0	For
ProShares	450,714	0	For
Equitable	288,967	141,083	For
Virtus	366,818	0	For
Prudential/PGIM	314,045	0	For
Nationwide	313,315	0	For
WisdomTree	261,614	0	For
TIAA	259,311	0	For
JPMorgan	249,932	0	For
Lincoln Financial	208,364	0	For

Showing the 25 largest of 111 asset managers. See all 111 in the interactive database.

5. 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.

AUDIT-RELATED

Meeting held 2024-11-22.

Combines 4 wordings of this item as funds reported it.

99.9% fund support · no official result

FOR 99.9%

The 109 asset managers below cast 99.9% of the shares they voted on this item FOR (45,153,211 for, 947 against).

FOR: 45,153,211 (99.9%)AGAINST: 947 (0.0%)ABSTAIN: 23,149 (0.1%)

Largest asset managers voting on “Ratification of the appointment of PricewaterhouseCoopers LLP as Donaldson Company, Inc.'s independent registe” at DONALDSON COMPANY INC., 2024-2025
Asset manager	For	Against	Vote
Vanguard	12,537,822	0	For
BlackRock	6,122,657	0	For
Fidelity	4,353,651	0	For
FRANKLIN MANAGED TRUST	2,464,317	0	For
State Street	2,275,639	343	For
Capitol Series Trust	1,486,712	0	For
American Century	1,358,556	0	For
JANUS INVESTMENT FUND	1,086,673	0	For
Dimensional	1,020,091	0	For
FMI FUNDS INC	915,000	0	For
First Trust	890,939	0	For
Invesco	858,577	0	For
BOSTON TRUST WALDEN FUNDS	824,324	0	For
Allspring	819,266	0	For
Charles Schwab	757,598	0	For
TRUST FOR PROFESSIONAL MANAGERS	700,007	0	For
Gabelli	685,500	0	For
ProShares	450,714	0	For
Equitable	430,050	0	For
Virtus	364,900	0	For
Prudential/PGIM	314,045	0	For
Nationwide	313,315	0	For
WisdomTree	261,614	0	For
TIAA	259,311	0	For
JPMorgan	249,932	0	For

Showing the 25 largest of 109 asset managers. See all 109 in the interactive database.

6. Non - binding advisory vote on the compensation of our Named Executive Officers.

SECTION 14A SAY-ON-PAY VOTES

Meeting held 2023-11-17 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

73% fund support · no official result

FOR 73%AGAINST 27%

The 3 asset managers below cast 73% of the shares they voted on this item FOR (1,108 for, 407 against).

FOR: 1,108 (73.1%)AGAINST: 407 (26.9%)

Largest asset managers voting on “Non - binding advisory vote on the compensation of our Named Executive Officers.” at DONALDSON COMPANY INC., 2024-2025
Asset manager	For	Against	Vote
VAUGHAN DAVID INVESTMENTS LLC/IL	1,010	0	For
COLDSTREAM CAPITAL MANAGEMENT INC	0	407	Against
Axiom Financial Strategies, LLC	98	0	For

7. Non - binding advisory vote on the frequency of future advisory votes on the compensation of our Named Executive Officers.

SECTION 14A SAY-ON-PAY VOTESMajority of the votes cast: yes

Meeting held 2023-11-17 (outside the 2024-2025 season's 1 July to 30 June window; reported in this season's filings).

94% Majority: yes · of votes cast

FOR 94%

FOR: 86,287,133AGAINST: 5,365,778

DONALDSON COMPANY INC.’s own tally for this item (“Item 3 The Company's stockholders approved a non-binding advisory vote on the frequency of future advisory votes on the compensation of the Company's named executive officers as set forth below:”): 86,287,133 for, 5,365,778 against, per its Form 8-K filed 2023-11-21 (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. Of all 119,732,101 outstanding shares: 72% for, 4% against (77% of the company cast a for/against vote).

No shares were cast for or against this item by the managers below — every disclosed position was an abstention or was not voted.

1 YEAR 100%

1 YEAR: 1,515 (100.0%)

Largest asset managers voting on “Non - binding advisory vote on the frequency of future advisory votes on the compensation of our Named Executi” at DONALDSON COMPANY INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
VAUGHAN DAVID INVESTMENTS LLC/IL	0	0	0	0	1 Year
COLDSTREAM CAPITAL MANAGEMENT INC	0	0	0	0	1 Year
Axiom Financial Strategies, LLC	0	0	0	0	1 Year

8. Ratify PricewaterhouseCoopers LLP as Auditors

AUDIT-RELATED

Meeting held 2024-11-22.

100% fund support · no official result

FOR 100%

The 3 asset managers below cast 100% of the shares they voted on this item FOR (68,263 for, 0 against).

FOR: 68,263 (100.0%)

Largest asset managers voting on “Ratify PricewaterhouseCoopers LLP as Auditors” at DONALDSON COMPANY INC., 2024-2025
Asset manager	For	Vote
Empower	67,400	For
GuideStone	810	For
HC CAPITAL TRUST	53	For

9. Ratify Appointment of Independent Auditors

AUDIT-RELATED

Meeting held 2024-11-22.

100% fund support · no official result

FOR 100%

The 2 asset managers below cast 100% of the shares they voted on this item FOR (7,918 for, 0 against).

FOR: 7,918 (100.0%)

Largest asset managers voting on “Ratify Appointment of Independent Auditors” at DONALDSON COMPANY INC., 2024-2025
Asset manager	For	Against	Abstain	Withheld	Vote
WILLIAMSBURG INVESTMENT TRUST	6,000	0	0	0	For
Virtus	1,918	0	0	0	For

Largest DONALDSON COMPANY INC. shareholders voting in 2024-2025

Ranked by the number of DONALDSON COMPANY INC. shares each manager voted on the most widely held ballot item of the 2024-2025 meeting, shown as a share of the 119,732,101 shares outstanding at the time of that meeting.

Top DONALDSON COMPANY INC. shareholders by shares voted, 2024-2025
#	Asset manager	% of shares outstanding
1	Vanguard	10.70%
2	BlackRock	8.60%
3	STATE FARM MUTUAL AUTOMOBILE INSURANCE CO	7.76%
4	State Street	6.08%
5	Fidelity	5.49%
6	American Century	2.52%
7	FRANKLIN ADVISERS INC	2.39%
8	FRANKLIN MANAGED TRUST	2.06%
9	GEODE CAPITAL MANAGEMENT, LLC	2.02%
10	Invesco	1.65%

Reported DONALDSON COMPANY INC. ownership

Positions disclosed to the SEC on Schedules 13D and 13G, Form 13F and the company’s own proxy statement (DEF 14A).

DONALDSON COMPANY INC. beneficial owners on record for the 2024-2025 proxy season
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 2024-09-13 (see the filing on EDGAR). This is the count contemporaneous with the 2024-2025 meeting, so the percentages are the ones that were true then, not ones restated against today’s share count.

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered investment companies and institutional managers disclose how they voted every proxy, 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 2024-09-13. This page is a static snapshot rebuilt weekly on 02 October 2026; a live search always shows the current data.

At DONALDSON COMPANY INC.'s shareholder meeting held 2024-11-22, in the 2024-2025 proxy season, 542 asset managers reported how they voted in their SEC Form N-PX filings, covering 2,898 separate fund positions. Their filings are grouped here into 9 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. On the most widely held item on that ballot — Non-binding advisory vote on the compensation of our Named Executive Officers. — FOR was 95% 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), which is more than half. Whether the item was approved is for the filing to say; that statement has not been read for this item. Source: DONALDSON COMPANY INC.'s Form 8-K, Item 5.07, filed with the U.S. Securities and Exchange Commission on 2024-11-26.

DONALDSON COMPANY INC. proxy season coverage: 2023-2024 · 2024-2025 (this page) · 2025-2026.