BLI Banque de Luxembourg Investments Takes $3.48 Million Position in Donaldson Company, Inc. (NYSE:DCI)

BLI Banque de Luxembourg Investments acquired a new position in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 51,700 shares of the industrial products company's stock, valued at approximately $3,479,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Johnson Financial Group Inc. boosted its holdings in shares of Donaldson by 48.8% in the 4th quarter. Johnson Financial Group Inc. now owns 595 shares of the industrial products company's stock valued at $42,000 after buying an additional 195 shares in the last quarter. Smartleaf Asset Management LLC increased its position in Donaldson by 43.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 597 shares of the industrial products company's stock valued at $40,000 after buying an additional 180 shares in the last quarter. Venturi Wealth Management LLC raised its stake in Donaldson by 89.6% in the fourth quarter. Venturi Wealth Management LLC now owns 781 shares of the industrial products company's stock valued at $53,000 after buying an additional 369 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Donaldson by 28.7% in the fourth quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company's stock worth $62,000 after acquiring an additional 206 shares in the last quarter. Finally, Quarry LP grew its stake in shares of Donaldson by 162.7% during the fourth quarter. Quarry LP now owns 1,072 shares of the industrial products company's stock worth $72,000 after acquiring an additional 664 shares during the last quarter. 82.81% of the stock is currently owned by institutional investors.

Donaldson Stock Performance

NYSE:DCI traded down $0.02 during midday trading on Friday, hitting $67.61. The company's stock had a trading volume of 329,102 shares, compared to its average volume of 570,683. 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 Company, Inc. has a fifty-two week low of $57.45 and a fifty-two week high of $78.95. The firm's 50 day moving average is $65.84 and its 200-day moving average is $69.65. The firm has a market cap of $8.08 billion, a P/E ratio of 19.65, a P/E/G ratio of 1.82 and a beta of 1.01.

Donaldson (NYSE:DCI - Get Free Report) last issued its earnings results on Thursday, February 27th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.02). Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The business had revenue of $870.00 million for the quarter, compared to analysts' expectations of $908.32 million. Equities analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Analysts Set New Price Targets

DCI has been the subject of several research analyst reports. Stifel Nicolaus decreased their price objective on shares of Donaldson from $70.00 to $63.00 and set a "hold" rating for the company in a research report on Monday, April 14th. StockNews.com downgraded shares of Donaldson from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus price target of $71.33.

Insider Activity at Donaldson

In other Donaldson news, Director James Owens sold 18,700 shares of Donaldson stock in a transaction on Thursday, April 10th. The shares were sold at an average price of $62.02, for a total value of $1,159,774.00. Following the completion of the transaction, the director now owns 20,246 shares of the company's stock, valued at approximately $1,255,656.92. The trade was a 48.02 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, President Thomas R. Scalf sold 29,500 shares of the company's stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $68.89, for a total value of $2,032,255.00. Following the transaction, the president now directly owns 28,334 shares of the company's stock, valued at approximately $1,951,929.26. The trade was a 51.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 76,700 shares of company stock worth $5,164,799. 2.70% of the stock is owned by corporate 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.