Donaldson Company, Inc. (NYSE:DCI) Stock Holdings Increased by Blair William & Co. IL

Blair William & Co. IL raised its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 985.1% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 97,619 shares of the industrial products company’s stock after buying an additional 88,623 shares during the period. Blair William & Co. IL owned about 0.08% of Donaldson worth $6,986,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Park Place Capital Corp acquired a new stake in shares of Donaldson during the 1st quarter valued at $27,000. YHB Investment Advisors Inc. acquired a new position in shares of Donaldson in the 1st quarter valued at $32,000. Versant Capital Management Inc increased its stake in Donaldson by 1,372.2% in the 2nd quarter. Versant Capital Management Inc now owns 530 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 494 shares in the last quarter. Mather Group LLC. raised its holdings in Donaldson by 408.1% during the 2nd quarter. Mather Group LLC. now owns 503 shares of the industrial products company’s stock worth $38,000 after buying an additional 404 shares during the period. Finally, Riverview Trust Co purchased a new stake in Donaldson during the first quarter valued at about $46,000. 82.81% of the stock is currently owned by institutional investors.

Donaldson Stock Down 1.1 %

DCI stock opened at $72.36 on Friday. The company has a 50 day moving average of $72.46 and a two-hundred day moving average of $72.90. The company has a market cap of $8.71 billion, a price-to-earnings ratio of 22.40, a PEG ratio of 1.84 and a beta of 1.05. Donaldson Company, Inc. has a 12-month low of $57.05 and a 12-month high of $78.03. The company has a quick ratio of 1.23, a current ratio of 1.84 and a debt-to-equity ratio of 0.32.

Donaldson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Investors of record on Tuesday, August 13th were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Tuesday, August 13th. This represents a $1.08 annualized dividend and a dividend yield of 1.49%. Donaldson’s dividend payout ratio is 33.44%.

Analysts Set New Price Targets

Several research firms have recently weighed in on DCI. Robert W. Baird dropped their target price on shares of Donaldson from $80.00 to $79.00 and set an “outperform” rating on the stock in a research report on Monday, June 3rd. Raymond James initiated coverage on shares of Donaldson in a research report on Friday, June 28th. They set a “market perform” rating on the stock. StockNews.com lowered Donaldson from a “strong-buy” rating to a “buy” rating in a report on Friday. Finally, Stifel Nicolaus lowered their price target on Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a report on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $69.67.

Insider Activity at Donaldson

In other Donaldson news, CFO Scott J. Robinson sold 37,600 shares of the company’s stock in a transaction dated Tuesday, July 2nd. The stock was sold at an average price of $70.97, for a total value of $2,668,472.00. Following the transaction, the chief financial officer now directly owns 37,702 shares of the company’s stock, valued at approximately $2,675,710.94. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In related news, CFO Scott J. Robinson sold 37,600 shares of the business’s stock in a transaction that occurred on Tuesday, July 2nd. The stock was sold at an average price of $70.97, for a total value of $2,668,472.00. Following the completion of the sale, the chief financial officer now owns 37,702 shares of the company’s stock, valued at approximately $2,675,710.94. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director James Owens sold 5,210 shares of the firm’s stock in a transaction that occurred on Wednesday, September 18th. The shares were sold at an average price of $71.74, for a total transaction of $373,765.40. Following the transaction, the director now directly owns 17,788 shares in the company, valued at approximately $1,276,111.12. The disclosure for this sale can be found here. Insiders own 2.58% 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.