Donaldson Company, Inc. (NYSE:DCI) Stock Position Raised by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 1.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 436,896 shares of the industrial products company's stock after acquiring an additional 6,696 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.37% of Donaldson worth $29,425,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. IFP Advisors Inc boosted its position in Donaldson by 94.5% during the 4th quarter. IFP Advisors Inc now owns 2,745 shares of the industrial products company's stock valued at $185,000 after purchasing an additional 1,334 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of Donaldson by 7.1% during the fourth quarter. JPMorgan Chase & Co. now owns 470,602 shares of the industrial products company's stock valued at $31,695,000 after acquiring an additional 31,064 shares during the period. Arrowstreet Capital Limited Partnership boosted its holdings in shares of Donaldson by 38.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 574,146 shares of the industrial products company's stock valued at $38,669,000 after acquiring an additional 158,487 shares during the period. KBC Group NV boosted its stake in Donaldson by 1,447.9% during the 4th quarter. KBC Group NV now owns 42,398 shares of the industrial products company's stock valued at $2,856,000 after purchasing an additional 39,659 shares during the period. Finally, PNC Financial Services Group Inc. boosted its stake in Donaldson by 26.8% during the 4th quarter. PNC Financial Services Group Inc. now owns 64,501 shares of the industrial products company's stock valued at $4,344,000 after purchasing an additional 13,620 shares during the period. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Donaldson Price Performance

DCI stock traded down $0.18 during trading on Friday, hitting $69.56. The company had a trading volume of 625,938 shares, compared to its average volume of 565,925. The business has a 50 day moving average of $66.18 and a 200 day moving average of $69.04. The firm has a market capitalization of $8.31 billion, a price-to-earnings ratio of 20.22, a P/E/G ratio of 1.82 and a beta of 1.01. Donaldson Company, Inc. has a fifty-two week low of $57.45 and a fifty-two week 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.

Donaldson (NYSE:DCI - Get Free Report) last issued its quarterly earnings results 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). The company had revenue of $870.00 million during the quarter, compared to analyst estimates 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 predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Increases Dividend

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

Insider Buying and Selling at Donaldson

In other news, Director James Owens sold 18,700 shares of the stock in a transaction 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 completion of the sale, the director now owns 20,246 shares in the company, valued at approximately $1,255,656.92. This represents a 48.02% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Thomas R. Scalf sold 28,500 shares of the 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 sale, the president now owns 28,334 shares of the company's stock, valued at $1,961,279.48. This trade represents a 50.15% decrease in their position. The disclosure for this sale can be found here. 2.70% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on DCI shares. Stifel Nicolaus reduced 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. Wall Street Zen downgraded Donaldson from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, Donaldson presently has an average rating of "Hold" and an average target price of $71.33.

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.