Donaldson Company, Inc. (NYSE:DCI) Stock Position Boosted by Voya Investment Management LLC

Voya Investment Management LLC boosted its holdings in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 12.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 130,477 shares of the industrial products company's stock after purchasing an additional 14,127 shares during the quarter. Voya Investment Management LLC owned about 0.11% of Donaldson worth $8,788,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of DCI. 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 worth $40,000 after acquiring an additional 180 shares during the period. Venturi Wealth Management LLC grew its position in shares of Donaldson by 89.6% during the 4th quarter. Venturi Wealth Management LLC now owns 781 shares of the industrial products company's stock valued at $53,000 after purchasing an additional 369 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of Donaldson by 28.7% in the 4th 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 in the last quarter. EverSource Wealth Advisors LLC grew its position in Donaldson by 45.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,137 shares of the industrial products company's stock worth $77,000 after acquiring an additional 353 shares in the last quarter. Finally, National Bank of Canada FI grew its holdings in shares of Donaldson by 61.9% during the 4th quarter. National Bank of Canada FI now owns 1,206 shares of the industrial products company's stock valued at $81,000 after purchasing an additional 461 shares during the last quarter. 82.81% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on DCI. StockNews.com cut shares of Donaldson from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 4th. Stifel Nicolaus decreased their price objective on shares of 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 given a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $71.33.

Insider Activity at Donaldson

In other Donaldson news, President Thomas R. Scalf sold 28,500 shares of the 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 transaction, the president now directly owns 28,334 shares in the company, valued at $1,961,279.48. This represents a 50.15 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director James Owens sold 18,700 shares of the business's stock in a transaction on 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 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 position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 76,700 shares of company stock valued at $5,164,799. 2.70% of the stock is owned by corporate insiders.

Donaldson Price Performance

Shares of Donaldson stock traded down $0.04 on Monday, hitting $67.23. 66,145 shares of the company were exchanged, compared to its average volume of 572,055. The company has a 50-day moving average price of $66.00 and a 200 day moving average price of $69.89. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35. The stock has a market capitalization of $8.03 billion, a price-to-earnings ratio of 19.56, a price-to-earnings-growth 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.

Donaldson (NYSE:DCI - Get Free Report) last posted its quarterly earnings data 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). Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The business had revenue of $870.00 million during the quarter, compared to analysts' expectations of $908.32 million. As a group, sell-side analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal 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.