Impax Asset Management Group plc increased its stake in Donaldson Company, Inc. (NYSE:DCI) by 22.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 719,290 shares of the industrial products company’s stock after acquiring an additional 129,898 shares during the period. Impax Asset Management Group plc owned approximately 0.56% of Donaldson worth $31,210,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc grew its position in Donaldson by 0.7% in the third quarter. Vanguard Group Inc now owns 12,475,701 shares of the industrial products company’s stock worth $726,835,000 after acquiring an additional 84,864 shares in the last quarter. BlackRock Inc. grew its position in Donaldson by 0.9% in the fourth quarter. BlackRock Inc. now owns 11,367,420 shares of the industrial products company’s stock worth $493,234,000 after acquiring an additional 103,485 shares in the last quarter. FMR LLC grew its position in Donaldson by 6.9% in the third quarter. FMR LLC now owns 3,680,033 shares of the industrial products company’s stock worth $214,399,000 after acquiring an additional 237,633 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in Donaldson by 4,293.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,243,003 shares of the industrial products company’s stock worth $52,000 after acquiring an additional 2,191,949 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its position in Donaldson by 0.4% in the third quarter. Bank of New York Mellon Corp now owns 1,941,001 shares of the industrial products company’s stock worth $113,084,000 after acquiring an additional 8,545 shares in the last quarter. Institutional investors own 79.32% of the company’s stock.

Shares of NYSE DCI opened at $49.79 on Tuesday. The company has a quick ratio of 1.61, a current ratio of 2.35 and a debt-to-equity ratio of 0.72. The stock has a market capitalization of $6.24 billion, a price-to-earnings ratio of 24.90, a PEG ratio of 1.93 and a beta of 1.44. Donaldson Company, Inc. has a 1 year low of $40.27 and a 1 year high of $59.43.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Wednesday, March 6th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by ($0.04). The firm had revenue of $703.70 million during the quarter, compared to the consensus estimate of $719.40 million. Donaldson had a return on equity of 32.75% and a net margin of 10.82%. The firm’s revenue for the quarter was up 5.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.43 EPS. On average, sell-side analysts predict that Donaldson Company, Inc. will post 2.33 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 28th. Shareholders of record on Monday, February 11th were paid a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend was Friday, February 8th. Donaldson’s payout ratio is currently 38.00%.

In other news, Director Douglas A. Milroy acquired 560 shares of the firm’s stock in a transaction on Wednesday, March 13th. The stock was acquired at an average price of $49.05 per share, with a total value of $27,468.00. Following the completion of the purchase, the director now directly owns 4,449 shares in the company, valued at $218,223.45. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 1.35% of the stock is owned by company insiders.

Several research analysts recently commented on DCI shares. Oppenheimer reiterated a “hold” rating on shares of Donaldson in a research report on Tuesday, December 4th. Zacks Investment Research lowered Donaldson from a “buy” rating to a “hold” rating in a research report on Thursday, December 6th. Stifel Nicolaus reiterated a “hold” rating and issued a $53.00 price target on shares of Donaldson in a research report on Thursday, December 6th. SunTrust Banks reiterated a “hold” rating and issued a $56.00 price target on shares of Donaldson in a research report on Thursday, December 6th. Finally, ValuEngine lowered Donaldson from a “buy” rating to a “hold” rating in a research report on Tuesday, December 18th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has assigned a buy rating to the company. Donaldson presently has an average rating of “Hold” and an average target price of $55.25.

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Donaldson Company Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. It operates through Engine Products and Industrial Products segments. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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