Donaldson Company, Inc. (NYSE:DCI) Insider Amy C. Becker Sells 14,500 Shares

Donaldson Company, Inc. (NYSE:DCI) insider Amy C. Becker sold 14,500 shares of the stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $72.89, for a total transaction of $1,056,905.00. Following the sale, the insider now directly owns 41,368 shares in the company, valued at approximately $3,015,313.52. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Donaldson Stock Up 0.5 %

Shares of DCI traded up $0.35 during mid-day trading on Monday, hitting $72.65. 148,539 shares of the company’s stock were exchanged, compared to its average volume of 482,411. The company has a 50-day simple moving average of $72.46 and a 200 day simple moving average of $72.90. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.84 and a quick ratio of 1.23. The company has a market cap of $8.75 billion, a PE ratio of 22.38, a P/E/G ratio of 1.84 and a beta of 1.05. Donaldson Company, Inc. has a 52 week low of $57.05 and a 52 week high of $78.03.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Wednesday, August 28th. The industrial products company reported $0.94 EPS for the quarter, topping the consensus estimate of $0.88 by $0.06. The firm had revenue of $935.40 million for the quarter, compared to analysts’ expectations of $941.12 million. Donaldson had a net margin of 11.54% and a return on equity of 29.47%. On average, research analysts forecast that Donaldson Company, Inc. will post 3.63 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Tuesday, August 13th were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, August 13th. This represents a $1.08 annualized dividend and a dividend yield of 1.49%. Donaldson’s dividend payout ratio is currently 33.44%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of DCI. Park Place Capital Corp acquired a new stake in shares of Donaldson during the 1st quarter worth $27,000. YHB Investment Advisors Inc. acquired a new position in shares of Donaldson in the 1st quarter valued at approximately $32,000. Versant Capital Management Inc boosted its position in shares of Donaldson by 1,372.2% during the 2nd quarter. Versant Capital Management Inc now owns 530 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 494 shares in the last quarter. Mather Group LLC. raised its position in Donaldson by 408.1% during the second quarter. Mather Group LLC. now owns 503 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 404 shares in the last quarter. Finally, Riverview Trust Co bought a new stake in Donaldson during the first quarter worth $46,000. 82.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on DCI. Robert W. Baird lowered their price target on shares of Donaldson from $80.00 to $79.00 and set an “outperform” rating for the company in a report on Monday, June 3rd. Raymond James began coverage on shares of Donaldson in a research report on Friday, June 28th. They set a “market perform” rating for the company. StockNews.com lowered shares of Donaldson from a “strong-buy” rating to a “buy” rating in a report on Friday. Finally, Stifel Nicolaus dropped their target price on shares of Donaldson from $76.00 to $71.00 and set a “hold” rating for the company in a research report on Thursday, August 29th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $69.67.

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.