Nomura Holdings Inc. Buys New Holdings in Donaldson Company, Inc. (NYSE:DCI)

Nomura Holdings Inc. bought a new stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 15,889 shares of the industrial products company's stock, valued at approximately $1,070,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Colonial Trust Co SC bought a new stake in shares of Donaldson during the 4th quarter valued at $25,000. Johnson Financial Group Inc. raised its stake in shares of Donaldson by 48.8% during the 4th quarter. Johnson Financial Group Inc. now owns 595 shares of the industrial products company's stock valued at $42,000 after purchasing an additional 195 shares during the period. Smartleaf Asset Management LLC raised its stake 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 valued at $40,000 after purchasing an additional 180 shares during the period. Venturi Wealth Management LLC raised its stake in shares of Donaldson by 89.6% during the 4th quarter. Venturi Wealth Management LLC now owns 781 shares of the industrial products company's stock valued at $53,000 after purchasing an additional 369 shares during the period. Finally, Quarry LP raised its stake in shares of Donaldson by 162.7% during the 4th quarter. Quarry LP now owns 1,072 shares of the industrial products company's stock valued at $72,000 after purchasing an additional 664 shares during the period. 82.81% of the stock is currently owned by institutional investors.

Donaldson Price Performance

Shares of DCI stock traded down $0.61 during trading on Friday, hitting $68.21. The company had a trading volume of 317,664 shares, compared to its average volume of 573,825. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35. The stock's 50-day moving average is $66.05 and its two-hundred day moving average is $69.32. The stock has a market capitalization of $8.15 billion, a price-to-earnings ratio of 19.83, a price-to-earnings-growth ratio of 1.82 and a beta of 1.01. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $78.95.

Donaldson (NYSE:DCI - Get Free Report) last posted its quarterly earnings data on Thursday, February 27th. The industrial products company reported $0.83 earnings per share 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 the consensus estimate of $908.32 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. As a group, analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Stifel Nicolaus decreased their price objective on Donaldson from $70.00 to $63.00 and set a "hold" rating on the stock in a research note on Monday, April 14th. Wall Street Zen lowered Donaldson from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $71.33.

Insider Buying and Selling

In other news, President Thomas R. Scalf sold 28,500 shares of the 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 transaction, the president now directly owns 28,334 shares in the company, valued at approximately $1,961,279.48. This represents a 50.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director James Owens sold 18,700 shares of the stock in a transaction dated 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 transaction, the director now owns 20,246 shares in the company, valued at $1,255,656.92. This trade represents a 48.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 76,700 shares of company stock worth $5,164,799. Insiders own 2.70% of the company's stock.

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.