Donaldson Company, Inc. (NYSE:DCI) Shares Sold by Focus Partners Wealth

Focus Partners Wealth reduced its stake in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 76.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 13,774 shares of the industrial products company's stock after selling 44,674 shares during the period. Focus Partners Wealth's holdings in Donaldson were worth $928,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Barclays PLC grew its holdings in Donaldson by 19.3% in the 3rd quarter. Barclays PLC now owns 83,738 shares of the industrial products company's stock valued at $6,171,000 after buying an additional 13,568 shares in the last quarter. Nisa Investment Advisors LLC increased its position in Donaldson by 0.8% during the fourth quarter. Nisa Investment Advisors LLC now owns 41,813 shares of the industrial products company's stock worth $2,816,000 after purchasing an additional 350 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Donaldson by 7.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 7,057 shares of the industrial products company's stock worth $475,000 after purchasing an additional 482 shares during the period. Blue Trust Inc. boosted its holdings in Donaldson by 30.2% in the 4th quarter. Blue Trust Inc. now owns 3,368 shares of the industrial products company's stock valued at $248,000 after purchasing an additional 782 shares during the last quarter. Finally, KBC Group NV grew its stake in shares of Donaldson by 1,447.9% in the 4th quarter. KBC Group NV now owns 42,398 shares of the industrial products company's stock valued at $2,856,000 after buying an additional 39,659 shares during the period. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on DCI. Stifel Nicolaus reduced their price target on shares of Donaldson from $70.00 to $63.00 and set a "hold" rating on the stock in a research report on Monday, April 14th. Wall Street Zen cut Donaldson from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $71.33.

Insider Activity at Donaldson

In related news, Director James Owens sold 18,700 shares of the business's 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 transaction, the director now directly owns 20,246 shares of the company's stock, valued at $1,255,656.92. The trade was a 48.02% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, President Thomas R. Scalf sold 29,500 shares of the stock in a transaction dated Friday, February 28th. The shares were sold at an average price of $68.89, for a total value of $2,032,255.00. Following the completion of the sale, the president now directly owns 28,334 shares in the company, valued at $1,951,929.26. This represents a 51.01% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 76,700 shares of company stock worth $5,164,799. Corporate insiders own 2.70% of the company's stock.

Donaldson Trading Down 0.2%

Shares of Donaldson stock traded down $0.11 on Thursday, reaching $68.78. The company had a trading volume of 321,997 shares, compared to its average volume of 571,993. The firm's 50 day moving average price is $66.06 and its two-hundred day moving average price is $69.46. 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 Company, Inc. has a 52-week low of $57.45 and a 52-week high of $78.95. The firm has a market cap of $8.22 billion, a PE ratio of 19.99, a PEG ratio of 1.82 and a beta of 1.01.

Donaldson (NYSE:DCI - Get Free Report) last announced its earnings results on Thursday, February 27th. The industrial products company reported $0.83 EPS for the quarter, missing analysts' consensus estimates 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 net margin of 11.56% and a return on equity of 29.07%. Sell-side analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Company 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.