Blair William & Co. IL Sells 1,557 Shares of Donaldson Company, Inc. (NYSE:DCI)

Blair William & Co. IL decreased its holdings in Donaldson Company, Inc. (NYSE:DCI) by 1.6% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 94,212 shares of the industrial products company’s stock after selling 1,557 shares during the quarter. Blair William & Co. IL owned approximately 0.08% of Donaldson worth $6,345,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Bank of Montreal Can lifted its position in Donaldson by 108.5% during the 3rd quarter. Bank of Montreal Can now owns 74,228 shares of the industrial products company’s stock worth $5,480,000 after buying an additional 38,626 shares in the last quarter. BNP Paribas Financial Markets raised its stake in shares of Donaldson by 263.4% in the third quarter. BNP Paribas Financial Markets now owns 52,637 shares of the industrial products company’s stock worth $3,879,000 after acquiring an additional 38,152 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of Donaldson by 2.2% during the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,555 shares of the industrial products company’s stock worth $1,883,000 after purchasing an additional 562 shares in the last quarter. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of Donaldson during the third quarter valued at approximately $2,960,000. Finally, Point72 Asia Singapore Pte. Ltd. increased its holdings in shares of Donaldson by 38.2% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,066 shares of the industrial products company’s stock valued at $152,000 after purchasing an additional 571 shares in the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Insider Activity at Donaldson

In related news, Director Trudy A. Rautio sold 14,000 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $67.60, for a total value of $946,400.00. Following the completion of the sale, the director now owns 26,420 shares in the company, valued at $1,785,992. This represents a 34.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, President Thomas R. Scalf sold 29,500 shares of the firm’s stock in a transaction on Friday, February 28th. The stock was sold at an average price of $68.89, for a total value of $2,032,255.00. Following the sale, the president now directly owns 28,334 shares in the company, valued at $1,951,929.26. The trade was a 51.01 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 72,000 shares of company stock worth $4,951,425 in the last ninety days. Company insiders own 2.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on DCI shares. Robert W. Baird upped their price objective on Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. Morgan Stanley upped 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, StockNews.com lowered Donaldson from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $74.00.

Donaldson Price Performance

DCI opened at $67.01 on Monday. The company has a fifty day moving average price of $69.47 and a two-hundred day moving average price of $71.59. The firm has a market capitalization of $8.01 billion, a PE ratio of 19.48, a P/E/G ratio of 1.82 and a beta of 1.04. Donaldson Company, Inc. has a 52 week low of $65.10 and a 52 week high of $78.95. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.85.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Thursday, February 27th. The industrial products company reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.02). Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The company had revenue of $870.00 million for the quarter, compared to analyst estimates of $908.32 million. As a group, analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were given a $0.27 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.61%. Donaldson’s dividend payout ratio is 31.58%.

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.