Donaldson Company, Inc. $DCI Shares Bought by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. grew its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 5.8% in the second quarter, according to its most recent filing with the SEC. The firm owned 52,439 shares of the industrial products company’s stock after acquiring an additional 2,873 shares during the quarter. GHP Investment Advisors Inc.’s holdings in Donaldson were worth $3,637,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in the business. Cambridge Investment Research Advisors Inc. raised its stake in shares of Donaldson by 78.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 5,555 shares of the industrial products company’s stock worth $372,000 after buying an additional 2,435 shares in the last quarter. D.A. Davidson & CO. bought a new stake in shares of Donaldson in the 1st quarter worth $255,000. OneDigital Investment Advisors LLC raised its stake in shares of Donaldson by 22.5% in the 1st quarter. OneDigital Investment Advisors LLC now owns 3,697 shares of the industrial products company’s stock worth $248,000 after buying an additional 680 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Donaldson by 20.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 244,228 shares of the industrial products company’s stock worth $16,378,000 after buying an additional 40,819 shares in the last quarter. Finally, TD Private Client Wealth LLC raised its position in shares of Donaldson by 13.0% during the first quarter. TD Private Client Wealth LLC now owns 2,991 shares of the industrial products company’s stock worth $201,000 after purchasing an additional 345 shares during the period. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Stock Up 0.7%

NYSE:DCI opened at $84.26 on Monday. The firm has a market capitalization of $9.76 billion, a price-to-earnings ratio of 27.63, a PEG ratio of 1.98 and a beta of 0.99. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $84.88. The company has a current ratio of 1.93, a quick ratio of 1.25 and a debt-to-equity ratio of 0.43. The business’s fifty day moving average price is $81.41 and its 200 day moving average price is $73.87.

Donaldson (NYSE:DCI) last issued its earnings results on Tuesday, February 28th. The industrial products company reported $0.57 EPS for the quarter. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The firm had revenue of $802.50 million for the quarter. On average, sell-side analysts forecast that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Insider Buying and Selling at Donaldson

In other Donaldson news, insider Amy C. Becker sold 18,500 shares of the business’s stock in a transaction dated Thursday, August 28th. The stock was sold at an average price of $81.71, for a total value of $1,511,635.00. Following the transaction, the insider owned 44,645 shares in the company, valued at $3,647,942.95. The trade was a 29.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Guillermo Briseno sold 13,500 shares of the business’s stock in a transaction dated Wednesday, September 3rd. The shares were sold at an average price of $79.03, for a total value of $1,066,905.00. Following the completion of the transaction, the president owned 25,309 shares in the company, valued at $2,000,170.27. This trade represents a 34.79% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 63,900 shares of company stock worth $5,129,264 over the last 90 days. 2.20% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

DCI has been the topic of a number of recent analyst reports. Stifel Nicolaus boosted their target price on Donaldson from $69.00 to $84.00 and gave the stock a “hold” rating in a research report on Thursday, August 28th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Donaldson in a research report on Tuesday, October 14th. Wall Street Zen raised Donaldson from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Robert W. Baird boosted their target price on Donaldson from $78.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Finally, Morgan Stanley upped their price target on Donaldson from $69.00 to $72.00 and gave the company an “underweight” rating in a research report on Tuesday, September 2nd. Two analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $80.33.

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.