Diversified Trust Co Has $942,000 Holdings in Donaldson Company, Inc. (NYSE:DCI)

Diversified Trust Co grew its stake in Donaldson Company, Inc. (NYSE:DCI) by 72.0% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,777 shares of the industrial products company’s stock after buying an additional 5,349 shares during the period. Diversified Trust Co’s holdings in Donaldson were worth $942,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wealthspire Advisors LLC increased its stake in Donaldson by 2.8% during the first quarter. Wealthspire Advisors LLC now owns 5,106 shares of the industrial products company’s stock valued at $381,000 after acquiring an additional 140 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in 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 valued at $813,000 after acquiring an additional 146 shares during the period. EverSource Wealth Advisors LLC increased its stake in 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 acquiring an additional 184 shares during the period. Oak Family Advisors LLC increased its stake in Donaldson by 4.3% during the second quarter. Oak Family Advisors LLC now owns 4,742 shares of the industrial products company’s stock valued at $339,000 after acquiring an additional 197 shares during the period. Finally, SkyOak Wealth LLC increased its stake in Donaldson by 5.3% during the first quarter. SkyOak Wealth LLC now owns 4,561 shares of the industrial products company’s stock valued at $341,000 after acquiring an additional 228 shares during the period. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Stock Up 0.4 %

Shares of DCI opened at $73.14 on Thursday. The business’s 50 day simple moving average is $72.35 and its 200-day simple moving average is $72.91. Donaldson Company, Inc. has a one year low of $57.05 and a one year high of $78.03. 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 capitalization of $8.81 billion, a P/E ratio of 22.64, a PEG ratio of 1.91 and a beta of 1.04.

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 the consensus estimate of $0.88 by $0.06. Donaldson had a return on equity of 29.47% and a net margin of 11.54%. The firm had revenue of $935.40 million for the quarter, compared to the consensus estimate of $941.12 million. As a group, sell-side analysts predict that Donaldson Company, Inc. will post 3.63 EPS for the current fiscal year.

Donaldson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Shareholders of record on Tuesday, August 13th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.48%. The ex-dividend date was Tuesday, August 13th. Donaldson’s dividend payout ratio is 33.44%.

Insider Buying and Selling at Donaldson

In other Donaldson news, Director James Owens sold 5,210 shares of the company’s stock in a transaction 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 completion of 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other Donaldson news, Director James Owens sold 5,210 shares of the company’s stock in a transaction 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 completion of 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Amy C. Becker sold 14,500 shares of the company’s stock in a transaction on Thursday, September 19th. The shares were sold at an average price of $72.89, for a total transaction of $1,056,905.00. Following the sale, the insider now owns 41,368 shares of the company’s stock, valued at $3,015,313.52. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 167,805 shares of company stock worth $12,310,222. Insiders own 2.58% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on DCI shares. StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 28th. Raymond James began coverage on Donaldson in a report on Friday, June 28th. They set a “market perform” rating on the stock. Finally, Stifel Nicolaus decreased their price objective on Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a report on Thursday, August 29th. One equities 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 given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $69.67.

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.