Donaldson Company, Inc. (NYSE:DCI) Shares Bought by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC grew its stake in Donaldson Company, Inc. (NYSE:DCI) by 40.1% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 32,020 shares of the industrial products company’s stock after acquiring an additional 9,159 shares during the quarter. Orion Portfolio Solutions LLC’s holdings in Donaldson were worth $2,157,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. Bank of Montreal Can increased its position in Donaldson by 108.5% during the third quarter. Bank of Montreal Can now owns 74,228 shares of the industrial products company’s stock worth $5,480,000 after purchasing an additional 38,626 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Donaldson by 263.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 52,637 shares of the industrial products company’s stock valued at $3,879,000 after buying an additional 38,152 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Donaldson by 2.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,555 shares of the industrial products company’s stock worth $1,883,000 after acquiring an additional 562 shares during the period. Caisse DE Depot ET Placement DU Quebec acquired a new stake in Donaldson during the third quarter worth $2,960,000. Finally, Point72 Asia Singapore Pte. Ltd. raised its position in Donaldson by 38.2% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,066 shares of the industrial products company’s stock valued at $152,000 after purchasing an additional 571 shares during the period. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on DCI shares. StockNews.com cut Donaldson from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 4th. Robert W. Baird lifted their price target on shares of Donaldson from $81.00 to $83.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. Finally, Morgan Stanley upped their price objective on shares of Donaldson from $67.00 to $68.00 and gave the stock an “underweight” rating in a report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $74.00.

Insider Buying and Selling at Donaldson

In related news, Director Trudy A. Rautio sold 14,000 shares of Donaldson stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $67.60, for a total value of $946,400.00. Following the completion of the transaction, the director now owns 26,420 shares in the company, valued at $1,785,992. The trade was a 34.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, President Thomas R. Scalf sold 28,500 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The stock was sold at an average price of $69.22, for a total transaction of $1,972,770.00. Following the transaction, the president now owns 28,334 shares of the company’s stock, valued at $1,961,279.48. This trade represents a 50.15 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 72,000 shares of company stock valued at $4,951,425 in the last quarter. Corporate insiders own 2.70% of the company’s stock.

Donaldson Stock Up 0.6 %

Shares of NYSE:DCI opened at $67.48 on Wednesday. The firm has a market capitalization of $8.07 billion, a PE ratio of 19.62, a price-to-earnings-growth ratio of 1.82 and a beta of 1.04. Donaldson Company, Inc. has a 1 year low of $65.10 and a 1 year high of $78.95. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.85 and a quick ratio of 1.20. The firm’s 50-day moving average is $69.30 and its two-hundred day moving average is $71.55.

Donaldson (NYSE:DCI) last released its earnings results on Thursday, February 27th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.02). The business had revenue of $870.00 million for the quarter, compared to analyst estimates of $908.32 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. Analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 13th were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.08 annualized dividend and a yield of 1.60%. Donaldson’s dividend payout ratio (DPR) is 31.58%.

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.