Stifel Financial Corp Buys 33,156 Shares of Donaldson Company, Inc. (NYSE:DCI)

Stifel Financial Corp increased its position in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 21.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 185,819 shares of the industrial products company's stock after buying an additional 33,156 shares during the period. Stifel Financial Corp owned 0.16% of Donaldson worth $12,516,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of DCI. Barclays PLC increased its holdings 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 in the last quarter. Sanctuary Advisors LLC boosted its position in shares of Donaldson by 33.0% during the 3rd quarter. Sanctuary Advisors LLC now owns 19,787 shares of the industrial products company's stock worth $1,533,000 after purchasing an additional 4,908 shares in the last quarter. Tidal Investments LLC grew its stake in shares of Donaldson by 26.9% in the 3rd quarter. Tidal Investments LLC now owns 9,327 shares of the industrial products company's stock valued at $687,000 after buying an additional 1,980 shares during the period. Franklin Resources Inc. raised its stake in Donaldson by 2.5% during the 3rd quarter. Franklin Resources Inc. now owns 2,981,739 shares of the industrial products company's stock worth $220,380,000 after buying an additional 73,234 shares during the period. Finally, Retirement Systems of Alabama boosted its holdings in Donaldson by 2.8% in the third quarter. Retirement Systems of Alabama now owns 304,606 shares of the industrial products company's stock worth $22,449,000 after acquiring an additional 8,154 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Donaldson Stock Up 3.0 %

NYSE:DCI traded up $1.90 on Thursday, hitting $65.74. The stock had a trading volume of 263,144 shares, compared to its average volume of 573,199. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $78.95. The firm's fifty day simple moving average is $66.44 and its two-hundred day simple moving average is $70.31. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.85. The stock has a market cap of $7.86 billion, a P/E ratio of 19.11, a price-to-earnings-growth ratio of 1.82 and a beta of 1.01.

Donaldson (NYSE:DCI - Get Free Report) last issued its quarterly earnings results on Thursday, February 27th. The industrial products company reported $0.83 EPS for the quarter, missing analysts' consensus estimates of $0.85 by ($0.02). The business had revenue of $870.00 million for the quarter, compared to the consensus estimate of $908.32 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. Analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.08 dividend on an annualized basis and a yield of 1.64%. Donaldson's dividend payout ratio (DPR) is presently 31.58%.

Insider Buying and Selling

In other Donaldson news, President Thomas R. Scalf sold 29,500 shares of the business's stock in a transaction on Friday, February 28th. The stock was sold at an average price of $68.89, for a total value 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director James Owens sold 18,700 shares of the business's stock in a transaction dated 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 completion of the sale, 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 disclosure for this sale can be found here. Over the last 90 days, insiders sold 76,700 shares of company stock worth $5,164,799. Insiders own 2.70% of the company's stock.

Analysts Set New Price Targets

DCI has been the topic of a number of recent research reports. StockNews.com lowered shares of Donaldson from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. Stifel Nicolaus cut their target price on Donaldson from $70.00 to $63.00 and set a "hold" rating on the stock in a research report 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 currently has a consensus rating of "Hold" and a consensus target price of $71.33.

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.