Petrus Trust Company LTA Has $800,000 Stock Position in Donaldson Company, Inc. (NYSE:DCI)

Petrus Trust Company LTA lessened its holdings in Donaldson Company, Inc. (NYSE:DCI) by 19.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,861 shares of the industrial products company’s stock after selling 2,677 shares during the period. Petrus Trust Company LTA’s holdings in Donaldson were worth $800,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. UMB Bank n.a. lifted its position in shares of Donaldson by 359.2% in the third quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock worth $26,000 after buying an additional 273 shares during the last quarter. Mather Group LLC. raised its stake in shares of Donaldson by 408.1% in the 2nd quarter. Mather Group LLC. now owns 503 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 404 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in Donaldson in the 3rd quarter worth approximately $41,000. V Square Quantitative Management LLC lifted its holdings in Donaldson by 52.0% in the 3rd quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 207 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in Donaldson by 72.0% during the third quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 301 shares during the period. 82.81% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other news, Director Willard D. Oberton sold 2,700 shares of the company’s stock in a transaction that occurred on Friday, October 4th. The stock was sold at an average price of $73.37, for a total value of $198,099.00. Following the sale, the director now directly owns 27,983 shares in the company, valued at approximately $2,053,112.71. This represents a 8.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, President Thomas R. Scalf sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $73.16, for a total value of $182,900.00. Following the transaction, the president now owns 28,334 shares of the company’s stock, valued at $2,072,915.44. This trade represents a 8.11 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 167,805 shares of company stock worth $12,310,222. 2.70% of the stock is currently owned by company insiders.

Donaldson Trading Down 7.0 %

Shares of Donaldson stock opened at $72.61 on Wednesday. The company has a market cap of $8.70 billion, a price-to-earnings ratio of 21.48, a PEG ratio of 2.05 and a beta of 1.04. Donaldson Company, Inc. has a 1 year low of $60.78 and a 1 year high of $78.95. The company’s fifty day simple moving average is $75.11 and its 200-day simple moving average is $73.43. The company has a current ratio of 1.84, a quick ratio of 1.23 and a debt-to-equity ratio of 0.32.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.01. The company had revenue of $900.10 million for the quarter, compared to analyst estimates of $888.88 million. Donaldson had a net margin of 11.54% and a return on equity of 29.47%. The business’s quarterly revenue was up 6.4% on a year-over-year basis. During the same period last year, the business posted $0.75 EPS. As a group, sell-side analysts expect that Donaldson Company, Inc. will post 3.63 EPS for the current year.

Donaldson Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be issued a $0.27 dividend. The ex-dividend date is Monday, December 9th. This represents a $1.08 annualized dividend and a yield of 1.49%. Donaldson’s dividend payout ratio (DPR) is 31.95%.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 28th. Robert W. Baird boosted their target price on shares of Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a research report on Wednesday. Finally, Stifel Nicolaus decreased their price target on shares of Donaldson from $76.00 to $71.00 and set a “hold” rating for the company in a report on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $71.00.

Donaldson Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.