51,700 Shares in Donaldson Company, Inc. (NYSE:DCI) Purchased by BLI Banque de Luxembourg Investments

BLI Banque de Luxembourg Investments purchased a new stake in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 51,700 shares of the industrial products company's stock, valued at approximately $3,479,000.

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

Insiders Place Their Bets

In related news, President Thomas R. Scalf sold 29,500 shares of the firm's stock in a transaction 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 completion of the sale, the president now owns 28,334 shares of the company's stock, valued at $1,951,929.26. This trade represents a 51.01 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director James Owens sold 18,700 shares of the business's stock in a transaction on Thursday, April 10th. The shares were sold at an average price of $62.02, for a total transaction of $1,159,774.00. Following the transaction, the director now directly owns 20,246 shares in the company, valued at approximately $1,255,656.92. The trade was a 48.02 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 76,700 shares of company stock worth $5,164,799. 2.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on DCI shares. Stifel Nicolaus dropped their price target on 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 cut shares of Donaldson from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. One investment 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. According to MarketBeat, Donaldson presently has an average rating of "Hold" and a consensus price target of $71.33.

Donaldson Price Performance

DCI opened at $67.30 on Monday. 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 1 year low of $57.45 and a 1 year high of $78.95. The stock's 50 day simple moving average is $66.00 and its 200 day simple moving average is $69.89. The firm has a market cap of $8.04 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 1.82 and a beta of 1.01.

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

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.

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