Donaldson Company, Inc. (NYSE:DCI) Shares Acquired by MetLife Investment Management LLC

MetLife Investment Management LLC increased its holdings in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 8.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 67,508 shares of the industrial products company's stock after purchasing an additional 5,283 shares during the period. MetLife Investment Management LLC owned 0.06% of Donaldson worth $4,547,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in DCI. Argent Trust Co lifted its position 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 worth $319,000 after buying an additional 152 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Donaldson by 43.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 597 shares of the industrial products company's stock worth $40,000 after acquiring an additional 180 shares in the last quarter. CIBC Asset Management Inc boosted its position in shares of Donaldson by 5.3% during the 4th quarter. CIBC Asset Management Inc now owns 3,738 shares of the industrial products company's stock valued at $252,000 after acquiring an additional 187 shares during the last quarter. GAMMA Investing LLC increased its position in Donaldson by 28.7% in the fourth quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company's stock worth $62,000 after purchasing an additional 206 shares during the last quarter. Finally, Signal Advisors Wealth LLC grew its position in Donaldson by 5.6% in the fourth quarter. Signal Advisors Wealth LLC now owns 4,709 shares of the industrial products company's stock worth $317,000 after acquiring an additional 249 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at Donaldson

In related news, President Thomas R. Scalf sold 28,500 shares of the business's 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 completion of the transaction, the president now owns 28,334 shares of the company's stock, valued at $1,961,279.48. The trade was a 50.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director James Owens sold 18,700 shares of the stock in a transaction 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 sale, the director now directly owns 20,246 shares in the company, valued at $1,255,656.92. This trade represents a 48.02 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 76,700 shares of company stock valued at $5,164,799. Company insiders own 2.70% of the company's stock.

Donaldson Trading Up 0.2 %

Donaldson stock traded up $0.16 during trading hours on Wednesday, hitting $65.75. The company had a trading volume of 779,244 shares, compared to its average volume of 573,143. The firm has a market cap of $7.86 billion, a P/E ratio of 19.11, a P/E/G ratio of 1.82 and a beta of 1.01. The company has a 50-day moving average price of $66.10 and a two-hundred day moving average price of $70.05. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year 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 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.02). The firm had revenue of $870.00 million for the quarter, compared to analysts' expectations 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 anticipate 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.