Donaldson Company, Inc. (NYSE:DCI) Holdings Decreased by Algert Global LLC

Algert Global LLC reduced its holdings in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 13.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 148,043 shares of the industrial products company's stock after selling 23,242 shares during the period. Algert Global LLC owned about 0.12% of Donaldson worth $9,971,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV acquired a new position in Donaldson in the 4th quarter worth about $459,000. Jane Street Group LLC increased its holdings in Donaldson by 182.7% in the fourth quarter. Jane Street Group LLC now owns 121,099 shares of the industrial products company's stock worth $8,156,000 after buying an additional 78,261 shares during the last quarter. AQR Capital Management LLC raised its position in Donaldson by 28.1% during the fourth quarter. AQR Capital Management LLC now owns 885,797 shares of the industrial products company's stock valued at $59,658,000 after acquiring an additional 194,418 shares in the last quarter. Northern Trust Corp lifted its stake in Donaldson by 13.8% in the fourth quarter. Northern Trust Corp now owns 1,198,173 shares of the industrial products company's stock valued at $80,697,000 after acquiring an additional 145,275 shares during the last quarter. Finally, Quarry LP grew its position in 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 in the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

Donaldson Price Performance

NYSE:DCI opened at $67.30 on Friday. The company has a market capitalization of $8.04 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 1.82 and a beta of 1.01. The company has a 50-day moving average of $66.00 and a 200-day moving average of $69.92. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $78.95. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.85.

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 for the quarter, missing analysts' consensus estimates of $0.85 by ($0.02). Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The company had revenue of $870.00 million for the quarter, compared to analyst estimates of $908.32 million. As a group, equities research analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Insider Buying and Selling at Donaldson

In other news, Director James Owens sold 18,700 shares of Donaldson 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 transaction, the director now 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, President Thomas R. Scalf sold 28,500 shares of the business's stock in a transaction on Monday, March 17th. The stock was 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 directly owns 28,334 shares in the company, valued at approximately $1,961,279.48. This represents a 50.15 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 76,700 shares of company stock valued at $5,164,799. 2.70% of the stock is currently owned by company insiders.

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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