Donaldson Company, Inc. (NYSE:DCI) Shares Acquired by Mcdaniel Terry & Co.

Mcdaniel Terry & Co. lifted its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 9.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 561,818 shares of the industrial products company’s stock after acquiring an additional 48,485 shares during the period. Donaldson makes up approximately 3.1% of Mcdaniel Terry & Co.’s investment portfolio, making the stock its 10th largest position. Mcdaniel Terry & Co.’s holdings in Donaldson were worth $37,838,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. CIBC Asset Management Inc raised its stake in shares of Donaldson by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 3,738 shares of the industrial products company’s stock worth $252,000 after buying an additional 187 shares during the last quarter. Claro Advisors LLC raised its stake in shares of Donaldson by 2.0% during the 3rd quarter. Claro Advisors LLC now owns 10,242 shares of the industrial products company’s stock worth $755,000 after buying an additional 203 shares during the last quarter. GAMMA Investing LLC raised its stake in shares of Donaldson by 28.7% during the 4th quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company’s stock worth $62,000 after buying an additional 206 shares during the last quarter. Hancock Whitney Corp raised its stake in shares of Donaldson by 1.2% during the 3rd quarter. Hancock Whitney Corp now owns 18,960 shares of the industrial products company’s stock worth $1,397,000 after buying an additional 219 shares during the last quarter. Finally, Signal Advisors Wealth LLC raised its stake in shares of Donaldson by 5.6% during the 4th quarter. Signal Advisors Wealth LLC now owns 4,709 shares of the industrial products company’s stock worth $317,000 after buying an additional 249 shares during the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Trading Up 0.3 %

Donaldson stock opened at $69.53 on Thursday. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35. The stock has a market cap of $8.30 billion, a PE ratio of 20.21, a P/E/G ratio of 1.80 and a beta of 1.06. The stock has a 50-day moving average price of $69.49 and a 200 day moving average price of $72.25. Donaldson Company, Inc. has a 52 week low of $65.91 and a 52 week high of $78.95.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.82 by $0.01. The company had revenue of $900.10 million during the quarter, compared to analysts’ expectations of $888.88 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The firm’s revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.75 EPS. Equities research analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 13th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.55%. The ex-dividend date of this dividend is Thursday, February 13th. Donaldson’s dividend payout ratio (DPR) is 31.40%.

Insider Buying and Selling at Donaldson

In other news, Director Trudy A. Rautio sold 14,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $67.60, for a total transaction of $946,400.00. Following the completion of the sale, the director now owns 26,420 shares in the company, valued at approximately $1,785,992. The trade was a 34.64 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

DCI has been the subject of a number of recent research reports. Robert W. Baird lifted their price objective on Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. Morgan Stanley lifted their price objective on Donaldson from $67.00 to $68.00 and gave the stock an “underweight” rating in a research report on Wednesday, December 4th. Finally, StockNews.com cut Donaldson from a “strong-buy” rating to a “buy” rating in a research report on Sunday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus 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.