Donaldson Company, Inc. (NYSE:DCI) Shares Acquired by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC lifted its position in Donaldson Company, Inc. (NYSE:DCI) by 0.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 41,813 shares of the industrial products company’s stock after acquiring an additional 350 shares during the period. Nisa Investment Advisors LLC’s holdings in Donaldson were worth $2,816,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in DCI. UMB Bank n.a. increased its holdings in shares of Donaldson by 359.2% in the third 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 during the period. Capital Performance Advisors LLP acquired a new position in Donaldson in the 3rd quarter worth approximately $41,000. V Square Quantitative Management LLC raised its position 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 worth $45,000 after buying an additional 207 shares during the last quarter. GAMMA Investing LLC lifted its stake in Donaldson by 72.0% during the 3rd quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company’s stock valued at $53,000 after acquiring an additional 301 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Donaldson by 185.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,269 shares of the industrial products company’s stock valued at $91,000 after acquiring an additional 825 shares during the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Donaldson Price Performance

Shares of Donaldson stock opened at $72.28 on Friday. The stock has a market capitalization of $8.63 billion, a P/E ratio of 21.01, a PEG ratio of 1.87 and a beta of 1.06. The business has a 50 day simple moving average of $71.37 and a two-hundred day simple moving average of $72.64. Donaldson Company, Inc. has a 12 month low of $64.06 and a 12 month 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.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.82 by $0.01. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The company had revenue of $900.10 million during the quarter, compared to analysts’ expectations of $888.88 million. During the same quarter in the prior year, the company earned $0.75 EPS. Donaldson’s revenue was up 6.4% compared to the same quarter last year. As a group, analysts predict 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 Monday, December 23rd. Investors of record on Monday, December 9th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date was Monday, December 9th. Donaldson’s dividend payout ratio is presently 31.40%.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on DCI shares. Robert W. Baird increased their price target on Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. StockNews.com raised Donaldson from a “buy” rating to a “strong-buy” rating in a report on Thursday. Finally, Morgan Stanley boosted their price target on Donaldson from $67.00 to $68.00 and gave the company an “underweight” rating in a report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Donaldson currently has an average rating of “Hold” and an average target price of $74.00.

Insider Buying and Selling

In other Donaldson news, Director Trudy A. Rautio sold 14,000 shares of the company’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 of the company’s stock, valued at $1,785,992. This represents a 34.64 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 2.70% of the stock is currently owned by company insiders.

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.