Jacobs Levy Equity Management Inc. Boosts Holdings in Donaldson Company, Inc. (NYSE:DCI)

Jacobs Levy Equity Management Inc. raised its stake in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 115.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 47,545 shares of the industrial products company's stock after purchasing an additional 25,428 shares during the period. Jacobs Levy Equity Management Inc.'s holdings in Donaldson were worth $3,202,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Janus Henderson Group PLC lifted its holdings in Donaldson by 1.8% during the fourth quarter. Janus Henderson Group PLC now owns 1,297,229 shares of the industrial products company's stock valued at $87,369,000 after purchasing an additional 22,458 shares in the last quarter. Jefferies Financial Group Inc. purchased a new position in Donaldson during the fourth quarter valued at $719,000. Deutsche Bank AG lifted its stake in shares of Donaldson by 15.5% in the fourth quarter. Deutsche Bank AG now owns 12,967 shares of the industrial products company's stock worth $873,000 after buying an additional 1,740 shares in the last quarter. Colonial Trust Co SC purchased a new position in shares of Donaldson in the fourth quarter worth about $25,000. Finally, Cetera Investment Advisers lifted its stake in shares of Donaldson by 4.9% in the fourth quarter. Cetera Investment Advisers now owns 10,635 shares of the industrial products company's stock worth $716,000 after buying an additional 499 shares in the last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on DCI. StockNews.com downgraded shares of Donaldson from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. Stifel Nicolaus decreased their price target 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. One 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. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $71.33.

Donaldson Trading Up 0.0%

Donaldson stock traded up $0.03 during midday trading on Tuesday, hitting $70.91. 101,568 shares of the stock were exchanged, compared to its average volume of 570,489. 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 capitalization of $8.47 billion, a price-to-earnings ratio of 20.62, a PEG ratio of 1.82 and a beta of 1.01. The stock's 50-day simple moving average is $65.98 and its 200 day simple moving average is $69.46. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35.

Donaldson (NYSE:DCI - Get Free Report) last released its quarterly earnings data 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 for the quarter, compared to analyst estimates of $908.32 million. On average, equities analysts anticipate that Donaldson Company, Inc. will post 3.64 EPS for the current 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.