New York State Teachers Retirement System Sells 800 Shares of Donaldson Company, Inc. (NYSE:DCI)

New York State Teachers Retirement System trimmed its holdings in Donaldson Company, Inc. (NYSE:DCI) by 0.5% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 146,977 shares of the industrial products company’s stock after selling 800 shares during the quarter. New York State Teachers Retirement System owned about 0.12% of Donaldson worth $10,832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. UMB Bank n.a. increased its stake in Donaldson by 359.2% during the 3rd quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 273 shares in the last quarter. Mather Group LLC. increased its stake in Donaldson by 408.1% during the 2nd 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. Versant Capital Management Inc increased its stake in Donaldson by 1,372.2% during the 2nd quarter. Versant Capital Management Inc now owns 530 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 494 shares in the last quarter. V Square Quantitative Management LLC increased its stake in Donaldson by 52.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 207 shares in the last quarter. Finally, Montag A & Associates Inc. bought a new stake in Donaldson during the 1st quarter valued at about $52,000. 82.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

DCI has been the topic of a number of recent analyst reports. StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 28th. Stifel Nicolaus dropped their price target on shares of Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a report on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $69.67.

Donaldson Stock Performance

DCI opened at $73.84 on Monday. The company has a current ratio of 1.84, a quick ratio of 1.23 and a debt-to-equity ratio of 0.32. The company has a market cap of $8.84 billion, a price-to-earnings ratio of 21.85, a PEG ratio of 1.92 and a beta of 1.04. The company’s 50 day moving average is $72.90 and its 200 day moving average is $72.92. Donaldson Company, Inc. has a 12-month low of $58.31 and a 12-month high of $78.03.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Wednesday, August 28th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. The company 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%. On average, equities research analysts predict that Donaldson Company, Inc. will post 3.63 EPS for the current year.

Insider Buying and Selling at Donaldson

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 transaction of $373,765.40. Following the transaction, the director now owns 17,788 shares of the company’s stock, valued at $1,276,111.12. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other Donaldson news, CEO Tod E. Carpenter sold 30,919 shares of Donaldson stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $72.69, for a total transaction of $2,247,502.11. Following the transaction, the chief executive officer now owns 256,742 shares of the company’s stock, valued at $18,662,575.98. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, 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 transaction of $373,765.40. Following the sale, the director now owns 17,788 shares in the company, valued at approximately $1,276,111.12. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 167,805 shares of company stock valued at $12,310,222 over the last 90 days. 2.70% of the stock is currently owned by corporate insiders.

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.