Blue Trust Inc. Purchases 304 Shares of Donaldson Company, Inc. (NYSE:DCI)

Blue Trust Inc. raised its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 13.3% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,586 shares of the industrial products company’s stock after acquiring an additional 304 shares during the period. Blue Trust Inc.’s holdings in Donaldson were worth $185,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Wealthspire Advisors LLC grew its holdings in Donaldson by 2.8% during the 1st quarter. Wealthspire Advisors LLC now owns 5,106 shares of the industrial products company’s stock worth $381,000 after acquiring an additional 140 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its position in shares of Donaldson by 1.3% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 11,364 shares of the industrial products company’s stock worth $813,000 after purchasing an additional 146 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Donaldson by 31.6% during the first quarter. EverSource Wealth Advisors LLC now owns 766 shares of the industrial products company’s stock valued at $55,000 after purchasing an additional 184 shares during the last quarter. Oak Family Advisors LLC increased its holdings in shares of Donaldson by 4.3% in the second quarter. Oak Family Advisors LLC now owns 4,742 shares of the industrial products company’s stock valued at $339,000 after purchasing an additional 197 shares in the last quarter. Finally, V Square Quantitative Management LLC raised its position in Donaldson by 52.0% in the 3rd quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 207 shares during the last quarter. Institutional investors own 82.81% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on DCI shares. Stifel Nicolaus lowered their price objective on Donaldson from $76.00 to $71.00 and set a “hold” rating for the company in a research report on Thursday, August 29th. StockNews.com upgraded shares of Donaldson from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 28th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $69.67.

Insider Transactions at Donaldson

In other Donaldson news, Director James Owens sold 5,210 shares of the business’s stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $71.74, for a total value of $373,765.40. Following the completion of the transaction, the director now directly owns 17,788 shares of the company’s stock, valued at approximately $1,276,111.12. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Donaldson news, Director James Owens sold 5,210 shares of Donaldson stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $71.74, for a total value of $373,765.40. Following the transaction, the director now owns 17,788 shares of the company’s stock, valued at approximately $1,276,111.12. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Scott J. Robinson sold 83,600 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The shares were sold at an average price of $74.04, for a total transaction of $6,189,744.00. Following the completion of the transaction, the chief financial officer now owns 37,702 shares of the company’s stock, valued at $2,791,456.08. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 167,805 shares of company stock valued at $12,310,222 over the last three months. 2.58% of the stock is currently owned by corporate insiders.

Donaldson Stock Up 0.8 %

NYSE:DCI opened at $74.88 on Friday. The stock’s fifty day simple moving average is $72.86 and its 200-day simple moving average is $72.90. The firm has a market capitalization of $9.02 billion, a P/E ratio of 23.18, a P/E/G ratio of 1.92 and a beta of 1.04. The company has a quick ratio of 1.23, a current ratio of 1.84 and a debt-to-equity ratio of 0.32. Donaldson Company, Inc. has a 12-month low of $57.05 and a 12-month high of $78.03.

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

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.