Robeco Institutional Asset Management B.V. lowered its holdings in Donaldson Company, Inc. (NYSE:DCI) by 14.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 180,881 shares of the industrial products company’s stock after selling 29,475 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Donaldson were worth $8,854,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of DCI. CIBC Asset Management Inc bought a new stake in shares of Donaldson in the third quarter valued at approximately $201,000. Magnetar Financial LLC bought a new stake in shares of Donaldson in the third quarter valued at approximately $201,000. Quantbot Technologies LP bought a new stake in shares of Donaldson in the second quarter valued at approximately $207,000. Verition Fund Management LLC bought a new stake in shares of Donaldson in the second quarter valued at approximately $221,000. Finally, DekaBank Deutsche Girozentrale bought a new stake in shares of Donaldson in the third quarter valued at approximately $226,000. 77.73% of the stock is currently owned by institutional investors.

Shares of Donaldson Company, Inc. (NYSE:DCI) opened at $50.66 on Thursday. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.13 and a current ratio of 2.90. The firm has a market cap of $6,644.77, a P/E ratio of 28.90, a P/E/G ratio of 2.31 and a beta of 1.21. Donaldson Company, Inc. has a twelve month low of $41.46 and a twelve month high of $52.20.

Donaldson (NYSE:DCI) last posted its earnings results on Thursday, November 30th. The industrial products company reported $0.46 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.04. The business had revenue of $644.80 million for the quarter, compared to analyst estimates of $602.02 million. Donaldson had a net margin of 9.57% and a return on equity of 28.49%. Donaldson’s revenue was up 16.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.05) EPS. analysts forecast that Donaldson Company, Inc. will post 2 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 6th. Investors of record on Wednesday, February 14th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date is Tuesday, February 13th. Donaldson’s dividend payout ratio (DPR) is presently 40.68%.

DCI has been the topic of several research reports. Jefferies Group reissued a “buy” rating and issued a $57.00 price target on shares of Donaldson in a research report on Friday, December 1st. Zacks Investment Research raised shares of Donaldson from a “hold” rating to a “buy” rating and set a $54.00 price target on the stock in a research report on Monday, November 27th. Stifel Nicolaus reissued a “hold” rating and issued a $53.00 price target (up previously from $50.00) on shares of Donaldson in a research report on Tuesday, January 16th. Oppenheimer reissued a “hold” rating on shares of Donaldson in a research report on Monday, December 18th. Finally, SunTrust Banks reaffirmed a “hold” rating and set a $50.00 target price on shares of Donaldson in a report on Friday, December 1st. Five analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $52.20.

In related news, insider Melissa A. Osland sold 1,453 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $48.26, for a total transaction of $70,121.78. Following the sale, the insider now owns 4,174 shares of the company’s stock, valued at approximately $201,437.24. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.09% of the company’s stock.

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About Donaldson

Donaldson Company, Inc is a manufacturer of filtration systems and replacement parts. The Company’s segments include Engine Products, Industrial Products and Corporate. The Company’s products are manufactured at approximately 44 plants around the world and through three joint ventures. The Company offers its products under the Ultra-Web, PowerCore and Donaldson brands.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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