Wexford Capital LP lifted its position in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 36.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,000 shares of the industrial products company's stock after acquiring an additional 8,000 shares during the period. Wexford Capital LP's holdings in Donaldson were worth $2,020,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Twinbeech Capital LP purchased a new position in Donaldson during the fourth quarter valued at $1,167,000. Tema Etfs LLC bought a new position in shares of Donaldson in the 4th quarter worth about $324,000. ProShare Advisors LLC lifted its position in Donaldson by 1.7% during the 4th quarter. ProShare Advisors LLC now owns 453,097 shares of the industrial products company's stock valued at $30,516,000 after acquiring an additional 7,583 shares during the period. Quantinno Capital Management LP lifted its position in Donaldson by 79.6% during the 4th quarter. Quantinno Capital Management LP now owns 56,603 shares of the industrial products company's stock valued at $3,812,000 after acquiring an additional 25,085 shares during the period. Finally, Nomura Holdings Inc. bought a new stake in Donaldson during the fourth quarter worth about $1,070,000. Institutional investors own 82.81% of the company's stock.
Donaldson Stock Down 0.2%
Shares of DCI stock traded down $0.11 during trading hours on Thursday, hitting $68.78. 321,997 shares of the company's stock traded hands, compared to its average volume of 573,132. Donaldson Company, Inc. has a 12-month low of $57.45 and a 12-month high of $78.95. The stock's fifty day simple moving average is $66.06 and its two-hundred day simple moving average is $69.46. The stock 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 company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35.
Donaldson (NYSE:DCI - Get Free Report) last issued its earnings results on Thursday, February 27th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.02). Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The firm had revenue of $870.00 million during the quarter, compared to analysts' expectations of $908.32 million. On average, analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current year.
Insider Transactions at Donaldson
In other news, Director James Owens sold 18,700 shares of the firm's stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of $62.02, for a total transaction of $1,159,774.00. Following the sale, the director now owns 20,246 shares of the company's stock, valued at $1,255,656.92. This trade represents a 48.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, President Thomas R. Scalf sold 28,500 shares of Donaldson stock in a transaction that occurred 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 completion of the sale, the president now owns 28,334 shares of the company's stock, valued at $1,961,279.48. This represents a 50.15% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 76,700 shares of company stock worth $5,164,799 over the last quarter. 2.70% of the stock is currently owned by insiders.
Analyst Ratings Changes
Several research firms recently commented on DCI. Stifel Nicolaus dropped their price objective on shares of 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 shares of Donaldson from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $71.33.
Check Out Our Latest Analysis on DCI
Donaldson Company Profile
(
Free Report)
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.
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