Donaldson Company, Inc. (NYSE:DCI) Holdings Cut by Caisse DE Depot ET Placement DU Quebec

Caisse DE Depot ET Placement DU Quebec trimmed its stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 33.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 26,719 shares of the industrial products company's stock after selling 13,443 shares during the period. Caisse DE Depot ET Placement DU Quebec's holdings in Donaldson were worth $1,800,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. increased its holdings in Donaldson by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 12,717,289 shares of the industrial products company's stock worth $856,509,000 after purchasing an additional 33,139 shares during the period. FMR LLC raised its stake in Donaldson by 6.2% during the 4th quarter. FMR LLC now owns 3,994,275 shares of the industrial products company's stock worth $269,014,000 after acquiring an additional 231,424 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Donaldson by 2.5% in the 3rd quarter. Franklin Resources Inc. now owns 2,981,739 shares of the industrial products company's stock valued at $220,380,000 after purchasing an additional 73,234 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Donaldson by 2.9% in the fourth quarter. Geode Capital Management LLC now owns 2,520,586 shares of the industrial products company's stock valued at $169,804,000 after acquiring an additional 71,707 shares during the period. Finally, Fiduciary Management Inc. WI grew its position in Donaldson by 19.9% during the 4th quarter. Fiduciary Management Inc. WI now owns 2,209,279 shares of the industrial products company's stock worth $148,795,000 after purchasing an additional 367,383 shares during the last quarter. Institutional investors and hedge funds own 82.81% of the company's stock.

Insider Transactions at Donaldson

In other Donaldson news, President Thomas R. Scalf sold 28,500 shares of the company's stock in a transaction dated 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 completion of the transaction, the president now owns 28,334 shares in the company, valued at approximately $1,961,279.48. This represents a 50.15 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director James Owens sold 18,700 shares of the firm's stock in a transaction that occurred 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 sale, 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 ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 76,700 shares of company stock valued at $5,164,799. 2.70% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on DCI shares. Stifel Nicolaus dropped their target price on Donaldson from $70.00 to $63.00 and set a "hold" rating on the stock in a 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 analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $71.33.

Donaldson Trading Up 2.3 %

Shares of DCI traded up $1.55 during mid-day trading on Thursday, hitting $67.70. The company had a trading volume of 399,729 shares, compared to its average volume of 570,484. The stock has a market cap of $8.09 billion, a PE ratio of 19.68, a P/E/G ratio of 1.82 and a beta of 1.01. 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 business's 50-day simple moving average is $65.86 and its 200-day simple moving average is $69.77. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $78.95.

Donaldson (NYSE:DCI - Get Free Report) last released its quarterly earnings data 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 during the quarter, compared to analyst estimates of $908.32 million. Sell-side analysts forecast that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

About Donaldson

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.