Hills Bank & Trust Co Lowers Holdings in Donaldson Company, Inc. (NYSE:DCI)

Hills Bank & Trust Co lowered its holdings in Donaldson Company, Inc. (NYSE:DCI) by 12.2% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,948 shares of the industrial products company’s stock after selling 2,908 shares during the quarter. Hills Bank & Trust Co’s holdings in Donaldson were worth $1,544,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of DCI. TD Asset Management Inc lifted its holdings in Donaldson by 23.7% during the 1st quarter. TD Asset Management Inc now owns 1,920,651 shares of the industrial products company’s stock worth $143,434,000 after buying an additional 367,705 shares in the last quarter. Heartland Advisors Inc. purchased a new position in Donaldson in the first quarter valued at $17,016,000. Los Angeles Capital Management LLC acquired a new position in Donaldson during the 2nd quarter worth $14,288,000. Epoch Investment Partners Inc. increased its holdings in Donaldson by 16.6% during the 1st quarter. Epoch Investment Partners Inc. now owns 1,331,717 shares of the industrial products company’s stock worth $99,453,000 after purchasing an additional 190,024 shares during the period. Finally, Jupiter Asset Management Ltd. raised its position in Donaldson by 91.4% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 370,756 shares of the industrial products company’s stock valued at $26,531,000 after purchasing an additional 177,078 shares in the last quarter. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on DCI shares. StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 28th. Stifel Nicolaus decreased their target price on Donaldson from $76.00 to $71.00 and set a “hold” rating for the company in a research note on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $69.67.

Insider Activity

In related news, Director Willard D. Oberton sold 2,700 shares of the company’s stock in a transaction on Friday, October 4th. The stock was sold at an average price of $73.37, for a total transaction of $198,099.00. Following the transaction, the director now owns 27,983 shares of the company’s stock, valued at $2,053,112.71. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. In related news, Director Willard D. Oberton sold 2,700 shares of the stock in a transaction dated Friday, October 4th. The shares were 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 of the company’s stock, valued at approximately $2,053,112.71. This represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director James Owens sold 5,210 shares of Donaldson stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $71.74, for a total transaction of $373,765.40. Following the transaction, the director now owns 17,788 shares of the company’s stock, valued at approximately $1,276,111.12. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 167,805 shares of company stock valued at $12,310,222 in the last three months. 2.70% of the stock is currently owned by company insiders.

Donaldson Price Performance

Shares of NYSE DCI opened at $73.13 on Friday. The stock has a fifty day moving average price of $72.92 and a 200 day moving average price of $72.91. Donaldson Company, Inc. has a 1-year low of $57.05 and a 1-year high of $78.03. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.84 and a quick ratio of 1.23. The company has a market cap of $8.76 billion, a PE ratio of 21.64, a P/E/G ratio of 1.94 and a beta of 1.04.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Wednesday, August 28th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. The business had revenue of $935.40 million for the quarter, compared to analyst estimates of $941.12 million. Donaldson had a net margin of 11.54% and a return on equity of 29.47%. Sell-side analysts forecast that Donaldson Company, Inc. will post 3.63 EPS for the current year.

Donaldson Company 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.