Nebula Research & Development LLC Has $592,000 Stock Position in Donaldson Company, Inc. (NYSE:DCI)

Nebula Research & Development LLC reduced its holdings in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 38.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,789 shares of the industrial products company's stock after selling 5,382 shares during the quarter. Nebula Research & Development LLC's holdings in Donaldson were worth $592,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of DCI. Smartleaf Asset Management LLC increased its stake in Donaldson by 43.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 597 shares of the industrial products company's stock worth $40,000 after purchasing an additional 180 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of Donaldson by 89.6% in the fourth 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. GAMMA Investing LLC increased its position in shares of Donaldson by 28.7% in the fourth quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company's stock worth $62,000 after acquiring an additional 206 shares in the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Donaldson by 45.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,137 shares of the industrial products company's stock valued at $77,000 after acquiring an additional 353 shares in the last quarter. Finally, National Bank of Canada FI boosted its stake in Donaldson by 61.9% in the 4th quarter. National Bank of Canada FI now owns 1,206 shares of the industrial products company's stock worth $81,000 after purchasing an additional 461 shares during the period. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Donaldson

In other Donaldson news, Director James Owens sold 18,700 shares of the stock in a transaction on 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 completion of the transaction, the director now directly 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 can be accessed through this link. Also, President Thomas R. Scalf sold 28,500 shares of the business's stock in a transaction on Monday, March 17th. The shares were 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 in the company, valued at $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 sold 76,700 shares of company stock valued at $5,164,799. Corporate insiders own 2.70% of the company's stock.

Donaldson Stock Up 2.2 %

DCI stock traded up $1.46 during mid-day trading on Friday, hitting $67.30. The stock had a trading volume of 378,771 shares, compared to its average volume of 572,106. 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 stock has a market capitalization of $8.04 billion, a price-to-earnings ratio of 19.56, a PEG ratio of 1.82 and a beta of 1.01. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $78.95. The company has a fifty day moving average of $66.05 and a 200 day moving average of $69.99.

Donaldson (NYSE:DCI - Get Free Report) last released its earnings results on Thursday, February 27th. The industrial products company reported $0.83 earnings per share for the quarter, missing analysts' consensus estimates 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 expect that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Analyst Ratings Changes

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

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.