Jackson Creek Investment Advisors LLC Purchases New Holdings in Donaldson Company, Inc. $DCI

Jackson Creek Investment Advisors LLC purchased a new stake in Donaldson Company, Inc. (NYSE:DCI) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,180 shares of the industrial products company’s stock, valued at approximately $1,346,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. AlphaQuest LLC boosted its holdings in Donaldson by 1,802.2% in the fourth quarter. AlphaQuest LLC now owns 18,147 shares of the industrial products company’s stock valued at $1,609,000 after purchasing an additional 17,193 shares during the last quarter. Summitry LLC boosted its holdings in Donaldson by 23.7% in the fourth quarter. Summitry LLC now owns 3,385 shares of the industrial products company’s stock valued at $300,000 after purchasing an additional 649 shares during the last quarter. Clearstead Advisors LLC boosted its holdings in Donaldson by 92.6% in the fourth quarter. Clearstead Advisors LLC now owns 599 shares of the industrial products company’s stock valued at $53,000 after purchasing an additional 288 shares during the last quarter. New Age Alpha Advisors LLC boosted its holdings in Donaldson by 19.3% in the fourth quarter. New Age Alpha Advisors LLC now owns 17,793 shares of the industrial products company’s stock valued at $1,578,000 after purchasing an additional 2,875 shares during the last quarter. Finally, Hantz Financial Services Inc. lifted its holdings in Donaldson by 64.1% during the 4th quarter. Hantz Financial Services Inc. now owns 2,053 shares of the industrial products company’s stock worth $182,000 after buying an additional 802 shares during the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Donaldson Trading Down 1.1%

NYSE:DCI opened at $83.79 on Thursday. The company has a quick ratio of 1.46, a current ratio of 2.29 and a debt-to-equity ratio of 0.43. The business’s 50 day moving average is $85.91 and its two-hundred day moving average is $91.91. Donaldson Company, Inc. has a 52 week low of $67.71 and a 52 week high of $112.84. The company has a market cap of $9.70 billion, a PE ratio of 26.18, a P/E/G ratio of 2.13 and a beta of 0.99.

Donaldson (NYSE:DCI) last announced its quarterly earnings results on Wednesday, February 25th. The industrial products company reported $0.83 earnings per share for the quarter, missing analysts’ consensus estimates of $0.90 by ($0.07). The company had revenue of $896.30 million for the quarter, compared to analyst estimates of $898.64 million. Donaldson had a return on equity of 29.85% and a net margin of 10.09%.The firm’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.83 earnings per share. On average, analysts predict that Donaldson Company, Inc. will post 3.97 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Robert W. Baird reduced their target price on Donaldson from $104.00 to $95.00 and set an “outperform” rating on the stock in a report on Monday, March 30th. Wall Street Zen downgraded Donaldson from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. UBS Group set a $96.00 target price on Donaldson in a report on Tuesday, February 24th. Jefferies Financial Group increased their target price on Donaldson to $123.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Finally, Weiss Ratings downgraded Donaldson from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, April 15th. Two analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Donaldson has an average rating of “Hold” and an average target price of $100.20.

Insider Buying and Selling at Donaldson

In other news, Director James Owens sold 13,753 shares of the stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $89.21, for a total transaction of $1,226,905.13. Following the sale, the director directly owned 22,565 shares in the company, valued at approximately $2,013,023.65. This represents a 37.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders sold 19,800 shares of company stock worth $1,765,184. 2.20% of the stock is currently owned by corporate insiders.

Donaldson Profile

Donaldson Company, Inc (NYSE: DCI) is a global provider of filtration systems and replacement parts for a wide range of industries. The company develops and manufactures air, liquid and gas filtration solutions for engine and industrial applications, helping customers improve performance, lower emissions and extend equipment life. Donaldson’s product portfolio includes engine air intake filters, fuel filters, hydraulic filters, compressor filters, dust collection systems and gas turbine air intake systems.

Serving markets such as agriculture, construction, mining, power generation, aerospace and original equipment manufacturing, Donaldson operates through two primary business segments: Engine Products and Industrial Products.