Community Financial Services Group LLC Purchases 916 Shares of Donaldson Company, Inc. (NYSE:DCI)

Community Financial Services Group LLC raised its position in Donaldson Company, Inc. (NYSE:DCI) by 7.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,050 shares of the industrial products company’s stock after acquiring an additional 916 shares during the quarter. Community Financial Services Group LLC’s holdings in Donaldson were worth $946,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. UMB Bank n.a. boosted its holdings 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. Capital Performance Advisors LLP purchased a new position in shares of Donaldson during the 3rd quarter worth $41,000. V Square Quantitative Management LLC grew its position in shares of Donaldson by 52.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 207 shares during the period. GAMMA Investing LLC increased its stake in shares of Donaldson by 72.0% in the 3rd quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 301 shares in the last quarter. Finally, Point72 Asia Singapore Pte. Ltd. raised its holdings in Donaldson by 38.2% in the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,066 shares of the industrial products company’s stock worth $152,000 after purchasing an additional 571 shares during the period. 82.81% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Donaldson

In other news, Director Trudy A. Rautio sold 14,000 shares of the stock in a transaction that occurred on 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 transaction, the director now directly owns 26,420 shares in the company, valued at approximately $1,785,992. This represents a 34.64 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.70% of the company’s stock.

Donaldson Price Performance

Shares of Donaldson stock opened at $70.77 on Wednesday. The company has a market capitalization of $8.45 billion, a price-to-earnings ratio of 20.57, a PEG ratio of 1.85 and a beta of 1.06. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35. The stock’s 50-day simple moving average is $69.91 and its 200-day simple moving average is $72.44. Donaldson Company, Inc. has a 52 week low of $65.60 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 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.01. The business had revenue of $900.10 million during the quarter, compared to the consensus estimate of $888.88 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The firm’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same period in the prior year, the company posted $0.75 EPS. As a group, analysts expect that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 13th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend is Thursday, February 13th. Donaldson’s payout ratio is currently 31.40%.

Analyst Upgrades and Downgrades

A number of analysts have commented on DCI shares. StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Robert W. Baird increased their target price on shares of Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. Finally, Morgan Stanley lifted their price target on shares of Donaldson from $67.00 to $68.00 and gave the company an “underweight” rating in a report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $74.00.

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.