111 Capital Purchases Shares of 3,636 Donaldson Company, Inc. (NYSE:DCI)

111 Capital bought a new position in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,636 shares of the industrial products company's stock, valued at approximately $245,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Barclays PLC grew its position in Donaldson by 19.3% during the third quarter. Barclays PLC now owns 83,738 shares of the industrial products company's stock valued at $6,171,000 after acquiring an additional 13,568 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Donaldson by 7.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 7,057 shares of the industrial products company's stock valued at $475,000 after purchasing an additional 482 shares in the last quarter. Blue Trust Inc. grew its holdings in shares of Donaldson by 30.2% during the 4th quarter. Blue Trust Inc. now owns 3,368 shares of the industrial products company's stock worth $248,000 after purchasing an additional 782 shares during the period. KBC Group NV grew its holdings in shares of Donaldson by 1,447.9% during the 4th quarter. KBC Group NV now owns 42,398 shares of the industrial products company's stock worth $2,856,000 after purchasing an additional 39,659 shares during the period. Finally, Swedbank AB acquired a new stake in Donaldson during the 4th quarter worth approximately $17,471,000. Hedge funds and other institutional investors own 82.81% of the company's stock.

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 stock was sold at an average price of $62.02, for a total transaction of $1,159,774.00. Following the sale, the director now owns 20,246 shares of the company's stock, 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 filing with the SEC, which is accessible through the SEC website. Also, President Thomas R. Scalf sold 28,500 shares of the company's stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $69.22, for a total transaction of $1,972,770.00. Following the completion of the sale, 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 disclosure for this sale can be found here. 2.70% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the stock. Robert W. Baird lifted their price target on shares of Donaldson from $76.00 to $78.00 and gave the company an "outperform" rating in a research report on Wednesday. Stifel Nicolaus decreased their target price on shares of Donaldson from $70.00 to $63.00 and set a "hold" rating for the company in a research note on Monday, April 14th. Finally, Wall Street Zen lowered shares of Donaldson from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 4th. One 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 company has a consensus rating of "Hold" and an average target price of $69.67.

Donaldson Stock Up 0.4%

DCI traded up $0.26 on Wednesday, reaching $69.55. The company's stock had a trading volume of 912,788 shares, compared to its average volume of 565,155. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.85 and a quick ratio of 1.20. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $78.95. The business's 50 day moving average is $66.25 and its 200 day moving average is $68.94. The stock has a market cap of $8.31 billion, a price-to-earnings ratio of 20.22, a price-to-earnings-growth ratio of 1.82 and a beta of 1.01.

Donaldson (NYSE:DCI - Get Free Report) last posted its quarterly earnings data on Tuesday, June 3rd. The industrial products company reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.95 by $0.04. The firm had revenue of $940.10 million for the quarter, compared to the consensus estimate of $936.02 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The firm's revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.92 EPS. As a group, research analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Monday, June 16th will be given a $0.30 dividend. This is a positive change from Donaldson's previous quarterly dividend of $0.27. The ex-dividend date is Monday, June 16th. This represents a $1.20 annualized dividend and a dividend yield of 1.73%. Donaldson's dividend payout ratio (DPR) is presently 31.58%.

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.