Values First Advisors Inc. Raises Stock Position in Donaldson Company, Inc. (NYSE:DCI)

Values First Advisors Inc. increased its stake in Donaldson Company, Inc. (NYSE:DCI) by 2.1% during the 4th quarter, HoldingsChannel reports. The firm owned 28,566 shares of the industrial products company’s stock after buying an additional 600 shares during the period. Donaldson comprises 1.1% of Values First Advisors Inc.’s holdings, making the stock its 26th largest position. Values First Advisors Inc.’s holdings in Donaldson were worth $1,867,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. boosted its holdings in Donaldson by 809.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 277,788 shares of the industrial products company’s stock worth $18,153,000 after purchasing an additional 247,243 shares during the last quarter. Sendero Wealth Management LLC boosted its holdings in Donaldson by 8.9% in the fourth quarter. Sendero Wealth Management LLC now owns 8,886 shares of the industrial products company’s stock worth $581,000 after purchasing an additional 725 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Donaldson by 53.6% in the fourth quarter. Pacer Advisors Inc. now owns 30,389 shares of the industrial products company’s stock worth $1,986,000 after purchasing an additional 10,605 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in Donaldson by 3.6% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 9,409 shares of the industrial products company’s stock worth $615,000 after purchasing an additional 323 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in shares of Donaldson by 1.5% during the 4th quarter. Raymond James & Associates now owns 182,280 shares of the industrial products company’s stock worth $11,912,000 after acquiring an additional 2,656 shares during the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Insider Buying and Selling at Donaldson

In other Donaldson news, Director Ajita G. Rajendra sold 18,700 shares of Donaldson stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $73.51, for a total value of $1,374,637.00. Following the sale, the director now directly owns 41,961 shares in the company, valued at approximately $3,084,553.11. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, Director Willard D. Oberton sold 4,500 shares of the business’s stock in a transaction dated Wednesday, March 20th. The shares were sold at an average price of $73.54, for a total value of $330,930.00. Following the sale, the director now directly owns 27,685 shares in the company, valued at approximately $2,035,954.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ajita G. Rajendra sold 18,700 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $73.51, for a total transaction of $1,374,637.00. Following the completion of the sale, the director now owns 41,961 shares in the company, valued at $3,084,553.11. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 84,407 shares of company stock worth $6,142,892. Insiders own 2.58% of the company’s stock.

Donaldson Price Performance

Shares of DCI stock traded down $0.27 on Friday, hitting $74.65. 405,366 shares of the stock traded hands, compared to its average volume of 585,135. The firm has a market cap of $8.99 billion, a price-to-earnings ratio of 24.32, a PEG ratio of 2.17 and a beta of 1.09. Donaldson Company, Inc. has a 52 week low of $57.05 and a 52 week high of $75.16. The firm has a 50 day simple moving average of $69.13 and a two-hundred day simple moving average of $64.02. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.47 and a quick ratio of 0.99.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Wednesday, February 28th. The industrial products company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.74 by $0.07. The firm had revenue of $876.70 million for the quarter, compared to the consensus estimate of $874.34 million. Donaldson had a net margin of 10.82% and a return on equity of 28.52%. The company’s revenue was up 5.8% on a year-over-year basis. During the same period last year, the firm earned $0.75 EPS. As a group, equities research analysts predict that Donaldson Company, Inc. will post 3.28 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Stockholders of record on Monday, February 12th were given a dividend of $0.25 per share. The ex-dividend date was Friday, February 9th. This represents a $1.00 annualized dividend and a dividend yield of 1.34%. Donaldson’s payout ratio is 32.57%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on DCI shares. Stifel Nicolaus lifted their price target on shares of Donaldson from $64.00 to $65.00 and gave the stock a “hold” rating in a research note on Thursday, November 30th. StockNews.com upgraded shares of Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 7th. Finally, Morgan Stanley started coverage on shares of Donaldson in a research note on Monday, January 8th. They set an “underweight” rating and a $59.00 price target on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $64.75.

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.