Twinbeech Capital LP Invests $1.17 Million in Donaldson Company, Inc. (NYSE:DCI)

Twinbeech Capital LP bought a new position in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 17,334 shares of the industrial products company's stock, valued at approximately $1,167,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Donaldson by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 12,717,289 shares of the industrial products company's stock worth $856,509,000 after purchasing an additional 33,139 shares during the last quarter. FMR LLC boosted its holdings in shares of Donaldson by 6.2% during the 4th quarter. FMR LLC now owns 3,994,275 shares of the industrial products company's stock worth $269,014,000 after purchasing an additional 231,424 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Donaldson by 2.9% during the 4th quarter. Geode Capital Management LLC now owns 2,520,586 shares of the industrial products company's stock worth $169,804,000 after purchasing an additional 71,707 shares during the last quarter. Fiduciary Management Inc. WI boosted its holdings in shares of Donaldson by 19.9% during the 4th quarter. Fiduciary Management Inc. WI now owns 2,209,279 shares of the industrial products company's stock worth $148,795,000 after purchasing an additional 367,383 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Donaldson by 8.7% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,615,481 shares of the industrial products company's stock worth $108,804,000 after purchasing an additional 129,189 shares during the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Donaldson news, President Thomas R. Scalf sold 28,500 shares of the company's stock in a transaction on 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 $1,961,279.48. This represents a 50.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James Owens sold 18,700 shares of the company's stock in a transaction on Thursday, April 10th. The stock was 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. Insiders have sold 76,700 shares of company stock worth $5,164,799 over the last ninety days. Corporate insiders own 2.70% of the company's stock.

Donaldson Trading Up 2.1%

DCI traded up $1.45 during trading hours on Tuesday, reaching $69.64. The company's stock had a trading volume of 128,749 shares, compared to its average volume of 592,731. Donaldson Company, Inc. has a fifty-two week low of $57.45 and a fifty-two week high of $78.95. The stock has a market cap of $8.32 billion, a PE ratio of 20.24, a P/E/G ratio of 1.82 and a beta of 1.01. The business's 50-day moving average is $66.04 and its 200-day moving average is $69.20. 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 quarterly earnings data 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). Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The business had revenue of $870.00 million during the quarter, compared to analyst estimates of $908.32 million. As a group, equities research analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

DCI has been the topic of a number of recent analyst reports. Wall Street Zen cut Donaldson from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 4th. Stifel Nicolaus decreased their price objective on Donaldson from $70.00 to $63.00 and set a "hold" rating on the stock in a report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus 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.