Donaldson Company, Inc. (NYSE:DCI) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC raised its holdings in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 1.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,297,229 shares of the industrial products company's stock after buying an additional 22,458 shares during the quarter. Janus Henderson Group PLC owned approximately 1.09% of Donaldson worth $87,369,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Colonial Trust Co SC purchased a new stake in Donaldson in the fourth quarter valued at approximately $25,000. Smartleaf Asset Management LLC grew its stake in shares of Donaldson by 43.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 597 shares of the industrial products company's stock valued at $40,000 after buying an additional 180 shares during the period. Johnson Financial Group Inc. increased its holdings in shares of Donaldson by 48.8% during the 4th quarter. Johnson Financial Group Inc. now owns 595 shares of the industrial products company's stock worth $42,000 after buying an additional 195 shares during the last quarter. Venturi Wealth Management LLC raised its position in shares of Donaldson by 89.6% in the 4th quarter. Venturi Wealth Management LLC now owns 781 shares of the industrial products company's stock worth $53,000 after buying an additional 369 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in Donaldson by 28.7% in the fourth quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company's stock valued at $62,000 after acquiring an additional 206 shares during the last quarter. Institutional investors and hedge funds own 82.81% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have commented on DCI shares. StockNews.com lowered Donaldson from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. Stifel Nicolaus dropped their target price on shares of Donaldson from $70.00 to $63.00 and set a "hold" rating for the company in a research report on Monday, April 14th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat, Donaldson presently has an average rating of "Hold" and a consensus target price of $71.33.

Donaldson Stock Up 1.5%

NYSE:DCI traded up $1.03 during mid-day trading on Friday, hitting $71.07. The company had a trading volume of 423,474 shares, compared to its average volume of 570,459. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $78.95. The business has a fifty day simple moving average of $65.89 and a 200-day simple moving average of $69.56. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $8.49 billion, a price-to-earnings ratio of 20.66, a PEG ratio of 1.82 and a beta of 1.01.

Donaldson (NYSE:DCI - Get Free Report) last released its quarterly 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). The company had revenue of $870.00 million for the quarter, compared to analyst estimates of $908.32 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. Equities analysts forecast that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Insider Transactions at Donaldson

In other Donaldson news, President Thomas R. Scalf sold 29,500 shares of Donaldson stock in a transaction that occurred on Friday, February 28th. The stock was sold at an average price of $68.89, for a total transaction of $2,032,255.00. Following the sale, the president now directly owns 28,334 shares in the company, valued at $1,951,929.26. The trade was a 51.01% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 owns 20,246 shares of the company's stock, valued at approximately $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. Over the last ninety days, insiders have sold 76,700 shares of company stock valued at $5,164,799. 2.70% of the stock is currently owned by insiders.

Donaldson 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.