Dimensional Fund Advisors LP Buys 129,189 Shares of Donaldson Company, Inc. (NYSE:DCI)

Dimensional Fund Advisors LP increased its stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 8.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,615,481 shares of the industrial products company's stock after purchasing an additional 129,189 shares during the quarter. Dimensional Fund Advisors LP owned 1.35% of Donaldson worth $108,804,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Smartleaf Asset Management LLC lifted its stake 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 worth $40,000 after purchasing an additional 180 shares during the period. Venturi Wealth Management LLC increased its holdings in Donaldson by 89.6% during 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 last quarter. GAMMA Investing LLC raised 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 acquiring an additional 206 shares during the period. EverSource Wealth Advisors LLC boosted its stake in shares of Donaldson by 45.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,137 shares of the industrial products company's stock worth $77,000 after acquiring an additional 353 shares during the last quarter. Finally, National Bank of Canada FI grew its position in shares of Donaldson by 61.9% during the 4th quarter. National Bank of Canada FI now owns 1,206 shares of the industrial products company's stock valued at $81,000 after acquiring an additional 461 shares during the period. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Donaldson Price Performance

DCI traded up $0.24 on Thursday, hitting $65.97. 213,407 shares of the company's stock traded hands, compared to its average volume of 571,866. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $78.95. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35. The firm has a market cap of $7.89 billion, a price-to-earnings ratio of 19.23, a P/E/G ratio of 1.82 and a beta of 1.01. The company's 50 day simple moving average is $66.10 and its 200-day simple moving average is $70.05.

Donaldson (NYSE:DCI - Get Free Report) last released its earnings results 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 company had revenue of $870.00 million during 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%. As a group, research analysts anticipate that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Insider Activity

In related news, Director James Owens sold 18,700 shares of the firm's 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 completion of the transaction, the director now directly owns 20,246 shares of the company's stock, valued at approximately $1,255,656.92. This trade represents a 48.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Thomas R. Scalf sold 29,500 shares of the company'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 sale, the president now directly 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 disclosure for this sale can be found here. Insiders sold a total of 76,700 shares of company stock worth $5,164,799 over the last 90 days. Corporate insiders own 2.70% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently weighed in on DCI shares. StockNews.com downgraded Donaldson from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, March 4th. Stifel Nicolaus lowered their price objective on Donaldson from $70.00 to $63.00 and set a "hold" rating on the stock in a research report on Monday, April 14th. One investment 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. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $71.33.

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.