V Square Quantitative Management LLC Has $45,000 Holdings in Donaldson Company, Inc. (NYSE:DCI)

V Square Quantitative Management LLC lifted its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 52.0% during the 3rd quarter, Holdings Channel reports. The firm owned 605 shares of the industrial products company’s stock after purchasing an additional 207 shares during the period. V Square Quantitative Management LLC’s holdings in Donaldson were worth $45,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in DCI. 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 worth $26,000 after acquiring an additional 273 shares during the period. Park Place Capital Corp acquired a new stake in shares of Donaldson during the 1st quarter worth $27,000. Mather Group LLC. raised its stake in Donaldson by 408.1% in 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. Versant Capital Management Inc lifted its position in Donaldson by 1,372.2% during the second quarter. Versant Capital Management Inc now owns 530 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 494 shares during the period. Finally, Riverview Trust Co acquired a new stake in Donaldson during the first quarter worth about $46,000. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Raymond James initiated coverage on shares of Donaldson in a research report on Friday, June 28th. They issued a “market perform” rating for the company. Stifel Nicolaus cut their target price on Donaldson from $76.00 to $71.00 and set a “hold” rating for the company in a research note on Thursday, August 29th. Finally, StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 28th. One analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $69.67.

Donaldson Trading Up 1.3 %

DCI opened at $75.70 on Monday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.84 and a quick ratio of 1.23. Donaldson Company, Inc. has a fifty-two week low of $57.05 and a fifty-two week high of $78.03. The company’s 50 day moving average price is $72.63 and its two-hundred day moving average price is $72.90. The firm has a market capitalization of $9.11 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 1.92 and a beta of 1.04.

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

Donaldson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Tuesday, August 13th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, August 13th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.43%. Donaldson’s dividend payout ratio (DPR) is 33.44%.

Insider Buying and Selling

In other Donaldson news, President Thomas R. Scalf sold 4,295 shares of the firm’s stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $73.33, for a total transaction of $314,952.35. Following the completion of the transaction, the president now owns 30,834 shares in the company, valued at approximately $2,261,057.22. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, President Thomas R. Scalf sold 4,295 shares of the company’s stock in a transaction on Monday, October 7th. The shares were sold at an average price of $73.33, for a total value of $314,952.35. Following the sale, the president now directly owns 30,834 shares of the company’s stock, valued at approximately $2,261,057.22. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, President Thomas R. Scalf sold 2,500 shares of Donaldson stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $73.16, for a total transaction of $182,900.00. Following the transaction, the president now directly owns 28,334 shares of the company’s stock, valued at $2,072,915.44. This 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 ninety days. 2.58% of the stock is owned by company insiders.

Donaldson 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.