Nomura Holdings Inc. Takes $1.07 Million Position in Donaldson Company, Inc. (NYSE:DCI)

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

Several other hedge funds also recently bought and sold shares of DCI. Colonial Trust Co SC bought a new stake in shares of Donaldson in the 4th quarter valued at $25,000. Johnson Financial Group Inc. grew its stake in Donaldson by 48.8% in the fourth quarter. Johnson Financial Group Inc. now owns 595 shares of the industrial products company's stock valued at $42,000 after acquiring an additional 195 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Donaldson by 43.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 597 shares of the industrial products company's stock worth $40,000 after acquiring an additional 180 shares in the last quarter. Venturi Wealth Management LLC increased its holdings in shares of Donaldson by 89.6% in the fourth quarter. Venturi Wealth Management LLC now owns 781 shares of the industrial products company's stock worth $53,000 after acquiring an additional 369 shares in the last quarter. Finally, Quarry LP raised its position in shares of Donaldson by 162.7% during the fourth quarter. Quarry LP now owns 1,072 shares of the industrial products company's stock worth $72,000 after purchasing an additional 664 shares during the period. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Donaldson Stock Down 0.2%

DCI stock traded down $0.11 during trading hours on Thursday, reaching $68.78. 321,997 shares of the stock were exchanged, compared to its average volume of 571,993. The company has a market cap of $8.22 billion, a price-to-earnings ratio of 19.99, a PEG ratio of 1.82 and a beta of 1.01. The firm's 50-day moving average is $66.06 and its 200-day moving average is $69.46. Donaldson Company, Inc. has a 12 month low of $57.45 and a 12 month high of $78.95. 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 (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). Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The firm had revenue of $870.00 million during the quarter, compared to the consensus estimate of $908.32 million. On average, equities research analysts expect that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Insider Transactions at Donaldson

In related news, President Thomas R. Scalf sold 28,500 shares of Donaldson stock in a transaction dated Monday, March 17th. The stock was 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 approximately $1,961,279.48. The trade was a 50.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director James Owens sold 18,700 shares of the stock in a transaction that occurred 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 transaction, the director now directly owns 20,246 shares of the company's stock, 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. Insiders sold a total of 76,700 shares of company stock worth $5,164,799 in the last three months. Insiders own 2.70% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on DCI. Stifel Nicolaus decreased their price objective on Donaldson from $70.00 to $63.00 and set a "hold" rating for the company in a research report on Monday, April 14th. Wall Street Zen lowered shares of 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 company's stock. According to MarketBeat.com, Donaldson has a consensus rating of "Hold" and an average price target of $71.33.

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.