Donaldson Company, Inc. (NYSE:DCI) Shares Purchased by Barclays PLC

Barclays PLC increased its holdings in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 53.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 128,236 shares of the industrial products company's stock after purchasing an additional 44,498 shares during the quarter. Barclays PLC owned 0.11% of Donaldson worth $8,638,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of DCI. Advisors Capital Management LLC lifted its holdings in shares of Donaldson by 2.7% during the 4th quarter. Advisors Capital Management LLC now owns 32,853 shares of the industrial products company's stock valued at $2,213,000 after acquiring an additional 856 shares in the last quarter. Sterling Capital Management LLC lifted its stake in shares of Donaldson by 55.5% during the fourth quarter. Sterling Capital Management LLC now owns 7,117 shares of the industrial products company's stock worth $479,000 after purchasing an additional 2,539 shares in the last quarter. Covestor Ltd boosted its position in shares of Donaldson by 29.0% in the fourth quarter. Covestor Ltd now owns 1,697 shares of the industrial products company's stock worth $114,000 after buying an additional 381 shares during the period. Argent Trust Co grew its stake in shares of Donaldson by 3.3% in the fourth quarter. Argent Trust Co now owns 4,739 shares of the industrial products company's stock valued at $319,000 after buying an additional 152 shares in the last quarter. Finally, Accredited Investors Inc. grew its stake in shares of Donaldson by 9.2% in the fourth quarter. Accredited Investors Inc. now owns 4,249 shares of the industrial products company's stock valued at $286,000 after buying an additional 359 shares in the last quarter. Hedge funds and other institutional investors own 82.81% of the company's stock.

Donaldson Stock Up 0.1 %

Shares of DCI traded up $0.07 during trading on Tuesday, reaching $65.57. The company's stock had a trading volume of 54,141 shares, compared to its average volume of 569,550. Donaldson Company, Inc. has a twelve month low of $57.45 and a twelve month high of $78.95. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35. The company has a market cap of $7.84 billion, a price-to-earnings ratio of 19.04, a P/E/G ratio of 1.82 and a beta of 1.01. The company has a fifty day moving average of $66.23 and a two-hundred day moving average of $70.11.

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

Donaldson Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 13th were issued a $0.27 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.65%. Donaldson's dividend payout ratio (DPR) is 31.58%.

Insider Activity at Donaldson

In other Donaldson news, Director James Owens sold 18,700 shares of the company's stock in a transaction dated 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 in the company, valued at approximately $1,255,656.92. This represents a 48.02 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Thomas R. Scalf sold 28,500 shares of Donaldson stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $69.22, for a total value of $1,972,770.00. Following the sale, the president now directly owns 28,334 shares in the company, valued at approximately $1,961,279.48. This trade represents a 50.15 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 76,700 shares of company stock valued at $5,164,799. Corporate insiders own 2.70% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Stifel Nicolaus lowered 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 lowered shares of Donaldson from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $71.33.

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.