Diversified Trust Co Acquires 3,328 Shares of Donaldson Company, Inc. (NYSE:DCI)

Diversified Trust Co boosted its holdings in Donaldson Company, Inc. (NYSE:DCI) by 26.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 16,105 shares of the industrial products company’s stock after purchasing an additional 3,328 shares during the period. Diversified Trust Co’s holdings in Donaldson were worth $1,085,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. UMB Bank n.a. lifted its stake in shares of Donaldson by 359.2% in the 3rd quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 273 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in Donaldson in the 3rd quarter worth approximately $41,000. V Square Quantitative Management LLC lifted its position in Donaldson by 52.0% in the third 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 during the last quarter. GAMMA Investing LLC boosted its stake in shares of Donaldson by 72.0% during the third quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company’s stock valued at $53,000 after purchasing an additional 301 shares during the period. Finally, Headlands Technologies LLC grew its holdings in shares of Donaldson by 221.0% in the second quarter. Headlands Technologies LLC now owns 1,011 shares of the industrial products company’s stock worth $72,000 after purchasing an additional 696 shares during the last quarter. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Donaldson Trading Up 0.7 %

NYSE:DCI opened at $67.89 on Thursday. The company has a 50-day moving average price of $72.90 and a 200-day moving average price of $72.74. The stock has a market cap of $8.11 billion, a price-to-earnings ratio of 19.74, a P/E/G ratio of 1.90 and a beta of 1.06. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35. Donaldson Company, Inc. has a 12 month low of $61.79 and a 12 month high of $78.95.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.01. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The business had revenue of $900.10 million for the quarter, compared to analysts’ expectations of $888.88 million. During the same period in the previous year, the firm posted $0.75 EPS. The business’s revenue was up 6.4% on a year-over-year basis. Equities analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.59%. The ex-dividend date of this dividend was Monday, December 9th. Donaldson’s dividend payout ratio (DPR) is presently 31.40%.

Insider Transactions at Donaldson

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 sale, the director now owns 26,420 shares in the company, valued at approximately $1,785,992. This represents a 34.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 2.70% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Morgan Stanley upped their price target on shares of Donaldson from $67.00 to $68.00 and gave the company an “underweight” rating in a report on Wednesday, December 4th. StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 28th. Finally, Robert W. Baird raised their target price on Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $74.00.

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.