Donaldson Company, Inc. (NYSE:DCI) Position Trimmed by Hills Bank & Trust Co

Hills Bank & Trust Co lowered its stake in Donaldson Company, Inc. (NYSE:DCI) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,693 shares of the industrial products company’s stock after selling 255 shares during the period. Hills Bank & Trust Co’s holdings in Donaldson were worth $1,394,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently modified their holdings of the company. Smartleaf Asset Management LLC raised its position in shares of Donaldson by 43.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 597 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 180 shares during the period. CIBC Asset Management Inc raised its holdings in Donaldson by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 3,738 shares of the industrial products company’s stock worth $252,000 after buying an additional 187 shares during the period. Claro Advisors LLC raised its holdings in Donaldson by 2.0% during the 3rd quarter. Claro Advisors LLC now owns 10,242 shares of the industrial products company’s stock worth $755,000 after buying an additional 203 shares during the period. GAMMA Investing LLC lifted its stake in Donaldson by 28.7% during the fourth quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company’s stock valued at $62,000 after buying an additional 206 shares in the last quarter. Finally, Hancock Whitney Corp boosted its holdings in shares of Donaldson by 1.2% in the third quarter. Hancock Whitney Corp now owns 18,960 shares of the industrial products company’s stock worth $1,397,000 after buying an additional 219 shares during the period. Institutional investors and hedge funds own 82.81% of the company’s stock.

Insider Buying and Selling at Donaldson

In related news, President Thomas R. Scalf sold 29,500 shares of the company’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $68.89, for a total value of $2,032,255.00. Following the completion of the sale, the president now directly owns 28,334 shares in the company, valued at approximately $1,951,929.26. This represents a 51.01 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Trudy A. Rautio sold 14,000 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $67.60, for a total value of $946,400.00. Following the transaction, the director now owns 26,420 shares in the company, valued at approximately $1,785,992. This trade represents a 34.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 2.70% of the company’s stock.

Analyst Upgrades and Downgrades

DCI has been the topic of a number of recent analyst reports. StockNews.com lowered shares of Donaldson from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 4th. Robert W. Baird boosted their target price on shares of Donaldson from $81.00 to $83.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Finally, Morgan Stanley raised their target price on Donaldson from $67.00 to $68.00 and gave the stock an “underweight” rating in a research report on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $74.00.

Donaldson Trading Up 2.2 %

Shares of NYSE:DCI opened at $68.51 on Friday. Donaldson Company, Inc. has a 12-month low of $65.10 and a 12-month high of $78.95. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $8.19 billion, a P/E ratio of 19.91, a price-to-earnings-growth ratio of 1.82 and a beta of 1.04. The firm has a fifty day moving average of $69.48 and a two-hundred day moving average of $71.80.

Donaldson (NYSE:DCI) last issued its earnings results on Thursday, February 27th. The industrial products company reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.02). Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The firm had revenue of $870.00 million during the quarter, compared to analysts’ expectations of $908.32 million. On average, equities analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.58%. The ex-dividend date was Thursday, February 13th. Donaldson’s payout ratio is presently 31.58%.

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.