Donaldson Company, Inc. (NYSE:DCI – Get Free Report) 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 – Get Free Report) 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
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.
Check Out Our Latest Stock Analysis on DCI
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.
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