Jane Street Group LLC Raises Stake in Donaldson Company, Inc. (NYSE:DCI)

Jane Street Group LLC grew its stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 182.7% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 121,099 shares of the industrial products company's stock after purchasing an additional 78,261 shares during the period. Jane Street Group LLC owned approximately 0.10% of Donaldson worth $8,156,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Barclays PLC lifted its stake in Donaldson by 19.3% in the third quarter. Barclays PLC now owns 83,738 shares of the industrial products company's stock worth $6,171,000 after purchasing an additional 13,568 shares during the last quarter. Tidal Investments LLC raised its holdings in shares of Donaldson by 26.9% in the third quarter. Tidal Investments LLC now owns 9,327 shares of the industrial products company's stock worth $687,000 after buying an additional 1,980 shares during the period. GAMMA Investing LLC lifted its stake in shares of Donaldson by 28.7% during the 4th quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company's stock worth $62,000 after acquiring an additional 206 shares during the last quarter. Diversified Trust Co boosted its holdings in Donaldson by 26.0% during the 4th quarter. Diversified Trust Co now owns 16,105 shares of the industrial products company's stock valued at $1,085,000 after acquiring an additional 3,328 shares during the period. Finally, Granite Bay Wealth Management LLC bought a new position in Donaldson in the 4th quarter valued at $943,000. Hedge funds and other institutional investors own 82.81% of the company's stock.

Analyst Upgrades and Downgrades

DCI has been the subject of several research reports. StockNews.com cut shares of Donaldson from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, March 4th. Stifel Nicolaus dropped 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. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $71.33.

Donaldson Stock Down 0.0 %

Shares of DCI traded down $0.02 during mid-day trading on Friday, hitting $67.61. The company's stock had a trading volume of 329,102 shares, compared to its average volume of 570,683. The firm has a market capitalization of $8.08 billion, a price-to-earnings ratio of 19.65, a PEG ratio of 1.82 and a beta of 1.01. The company's 50-day moving average is $65.84 and its 200-day moving average is $69.62. 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 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 announced 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). The company had revenue of $870.00 million for the quarter, compared to the consensus estimate of $908.32 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. On average, equities research analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Insider Activity

In other news, Director James Owens sold 18,700 shares of the company'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 transaction, the director now owns 20,246 shares in the company, valued at $1,255,656.92. This represents a 48.02 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, President Thomas R. Scalf sold 28,500 shares of the business's 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 sale, 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 disclosure for this sale can be found here. In the last ninety days, insiders have sold 76,700 shares of company stock worth $5,164,799. Corporate 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.