Bearing Point Capital LLC Takes $514,000 Position in Donaldson Company, Inc. (NYSE:DCI)

Bearing Point Capital LLC bought a new position in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 7,628 shares of the industrial products company's stock, valued at approximately $514,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in DCI. Johnson Financial Group Inc. grew its stake 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 last quarter. Smartleaf Asset Management LLC grew its position in shares of Donaldson by 43.2% in 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 during the last quarter. Venturi Wealth Management LLC increased its stake 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 valued at $53,000 after buying an additional 369 shares during the period. GAMMA Investing LLC raised its position in shares of Donaldson by 28.7% during 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 during the last quarter. Finally, Quarry LP lifted its stake in shares of Donaldson by 162.7% in 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 period. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Donaldson Trading Up 2.3 %

DCI traded up $1.55 during trading on Thursday, hitting $67.70. The company's stock had a trading volume of 399,729 shares, compared to its average volume of 570,484. The firm has a market capitalization of $8.09 billion, a P/E ratio of 19.68, a PEG ratio of 1.82 and a beta of 1.01. Donaldson Company, Inc. has a twelve month low of $57.45 and a twelve month high of $78.95. The stock's fifty day moving average price is $65.86 and its 200-day moving average price is $69.77. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35.

Donaldson (NYSE:DCI - Get Free Report) last released its 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 company had revenue of $870.00 million for the quarter, compared to analyst estimates of $908.32 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. Analysts anticipate that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. StockNews.com downgraded shares of Donaldson from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, March 4th. Stifel Nicolaus lowered their target price on shares of Donaldson from $70.00 to $63.00 and set a "hold" rating for the company in a research note on Monday, April 14th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $71.33.

Insiders Place Their Bets

In other Donaldson news, President Thomas R. Scalf sold 29,500 shares of the business's stock in a transaction on Friday, February 28th. The shares were sold at an average price of $68.89, for a total transaction of $2,032,255.00. Following the completion of the sale, the president now owns 28,334 shares in the company, valued at approximately $1,951,929.26. The trade was a 51.01 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director James Owens sold 18,700 shares of the business's stock in a transaction dated Thursday, April 10th. The stock was sold at an average price of $62.02, for a total transaction of $1,159,774.00. Following the sale, the director now directly 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 disclosure for this sale can be found here. Over the last quarter, insiders have sold 76,700 shares of company stock worth $5,164,799. Corporate insiders own 2.70% of the company's stock.

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.