Donaldson Company, Inc. (NYSE:DCI) Position Raised by Capital Fund Management S.A.

Capital Fund Management S.A. boosted its position in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 28.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,096 shares of the industrial products company's stock after buying an additional 5,352 shares during the quarter. Capital Fund Management S.A.'s holdings in Donaldson were worth $1,623,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of DCI. Raymond James Financial Inc. bought a new position in shares of Donaldson during the 4th quarter worth about $13,865,000. Advisory Services Network LLC grew its holdings in Donaldson by 1.4% during the 4th quarter. Advisory Services Network LLC now owns 28,690 shares of the industrial products company's stock worth $1,932,000 after acquiring an additional 392 shares during the last quarter. Invesco Ltd. lifted its holdings in Donaldson by 24.7% during the 4th quarter. Invesco Ltd. now owns 1,512,667 shares of the industrial products company's stock worth $101,878,000 after buying an additional 299,302 shares in the last quarter. Cerity Partners LLC grew its position in shares of Donaldson by 63.0% during the 4th quarter. Cerity Partners LLC now owns 17,302 shares of the industrial products company's stock worth $1,188,000 after buying an additional 6,687 shares during the period. Finally, FMR LLC grew its position in shares of 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 buying an additional 231,424 shares during the period. 82.81% of the stock is owned by hedge funds and other institutional investors.

Donaldson Stock Performance

Shares of NYSE DCI traded down $0.97 during trading on Monday, reaching $61.77. 30,471 shares of the company traded hands, compared to its average volume of 572,944. The firm has a 50 day simple moving average of $66.83 and a 200-day simple moving average of $70.48. The stock has a market capitalization of $7.38 billion, a PE ratio of 18.00, 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. Donaldson Company, Inc. has a 52-week low of $57.45 and a 52-week high of $78.95.

Donaldson (NYSE:DCI - Get Free Report) last posted its earnings results 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 analysts' expectations of $908.32 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. Equities research analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were issued a $0.27 dividend. The ex-dividend date was Thursday, February 13th. This represents a $1.08 annualized dividend and a yield of 1.75%. Donaldson's dividend payout ratio (DPR) is presently 31.58%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. StockNews.com lowered shares of Donaldson from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, March 4th. Stifel Nicolaus reduced 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. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company's stock. According to MarketBeat.com, Donaldson presently has an average rating of "Hold" and an average price target of $71.33.

Insider Activity at Donaldson

In other news, President Thomas R. Scalf sold 28,500 shares of Donaldson stock in a transaction 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 transaction, the president now directly owns 28,334 shares of the company's stock, valued at $1,961,279.48. The trade was a 50.15 % decrease in their position. 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 completion of the transaction, the director now directly owns 20,246 shares in the company, valued at $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 three months, insiders sold 76,700 shares of company stock worth $5,164,799. Company insiders own 2.70% of the company's stock.

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.