4,290 Shares in Donaldson Company, Inc. (NYSE:DCI) Bought by denkapparat Operations GmbH

denkapparat Operations GmbH purchased a new stake in Donaldson Company, Inc. (NYSE:DCI) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 4,290 shares of the industrial products company’s stock, valued at approximately $289,000.

Other institutional investors have also recently made changes to their positions in the company. Orion Portfolio Solutions LLC raised its stake in Donaldson by 40.1% during the 4th quarter. Orion Portfolio Solutions LLC now owns 32,020 shares of the industrial products company’s stock worth $2,157,000 after buying an additional 9,159 shares during the period. Pictet Asset Management Holding SA lifted its holdings in shares of Donaldson by 5.5% in the 4th quarter. Pictet Asset Management Holding SA now owns 16,074 shares of the industrial products company’s stock worth $1,083,000 after purchasing an additional 843 shares in the last quarter. New Age Alpha Advisors LLC acquired a new stake in Donaldson in the 4th quarter valued at $1,216,000. Norges Bank bought a new stake in Donaldson during the 4th quarter valued at $65,828,000. Finally, Caisse Des Depots ET Consignations acquired a new position in Donaldson during the fourth quarter worth $1,601,000. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Stock Up 0.1 %

Donaldson stock opened at $68.82 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.85. The stock has a market cap of $8.23 billion, a PE ratio of 20.01, a price-to-earnings-growth ratio of 1.82 and a beta of 1.04. Donaldson Company, Inc. has a fifty-two week low of $65.10 and a fifty-two week high of $78.95. The firm’s 50-day simple moving average is $69.55 and its 200 day simple moving average is $71.60.

Donaldson (NYSE:DCI) last released its earnings results on Thursday, February 27th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.02). The business had revenue of $870.00 million during the quarter, compared to the consensus estimate of $908.32 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. Research analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date was Thursday, February 13th. Donaldson’s dividend payout ratio (DPR) is currently 31.58%.

Insider Activity at Donaldson

In other Donaldson news, Director Trudy A. Rautio sold 14,000 shares of the business’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $67.60, for a total value of $946,400.00. Following the sale, the director now directly owns 26,420 shares in the company, valued at $1,785,992. The trade was a 34.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, President Thomas R. Scalf sold 28,500 shares of the company’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $69.22, for a total transaction of $1,972,770.00. Following the sale, the president now owns 28,334 shares in the company, valued at $1,961,279.48. The trade was a 50.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 72,000 shares of company stock worth $4,951,425. 2.70% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

DCI has been the subject of several recent research reports. StockNews.com downgraded shares of Donaldson from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th. Morgan Stanley lifted their price target on Donaldson from $67.00 to $68.00 and gave the company an “underweight” rating in a research note on Wednesday, December 4th. Finally, Robert W. Baird increased their price objective on Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, Donaldson has an average rating of “Hold” and an average target price of $74.00.

About Donaldson

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.