Donaldson Company, Inc. (NYSE:DCI – Get Free Report) CEO Tod E. Carpenter sold 30,919 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $72.69, for a total transaction of $2,247,502.11. Following the completion of the transaction, the chief executive officer now owns 256,742 shares of the company’s stock, valued at approximately $18,662,575.98. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Donaldson Price Performance
Shares of NYSE DCI traded up $0.65 during mid-day trading on Tuesday, hitting $73.29. 89,274 shares of the company’s stock traded hands, compared to its average volume of 482,006. The company has a market capitalization of $8.82 billion, a P/E ratio of 22.49, a PEG ratio of 1.84 and a beta of 1.05. Donaldson Company, Inc. has a 1 year low of $57.05 and a 1 year high of $78.03. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.84 and a quick ratio of 1.23. The company’s 50-day moving average is $72.46 and its two-hundred day moving average is $72.89.
Donaldson (NYSE:DCI – Get Free Report) last posted its quarterly earnings data on Wednesday, August 28th. The industrial products company reported $0.94 earnings per share for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. The business had revenue of $935.40 million for the quarter, compared to analysts’ expectations of $941.12 million. Donaldson had a net margin of 11.54% and a return on equity of 29.47%. On average, equities analysts anticipate that Donaldson Company, Inc. will post 3.63 EPS for the current fiscal year.
Donaldson Announces Dividend
Institutional Trading of Donaldson
Hedge funds have recently bought and sold shares of the stock. Wealthspire Advisors LLC grew its stake in Donaldson by 2.8% in the first quarter. Wealthspire Advisors LLC now owns 5,106 shares of the industrial products company’s stock valued at $381,000 after purchasing an additional 140 shares during the last quarter. Vanguard Personalized Indexing Management LLC boosted its holdings in shares of Donaldson by 1.3% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 11,364 shares of the industrial products company’s stock valued at $813,000 after buying an additional 146 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Donaldson by 31.6% in the 1st quarter. EverSource Wealth Advisors LLC now owns 766 shares of the industrial products company’s stock valued at $55,000 after buying an additional 184 shares in the last quarter. Oak Family Advisors LLC boosted its holdings in shares of Donaldson by 4.3% in the 2nd quarter. Oak Family Advisors LLC now owns 4,742 shares of the industrial products company’s stock valued at $339,000 after buying an additional 197 shares in the last quarter. Finally, SkyOak Wealth LLC boosted its holdings in shares of Donaldson by 5.3% in the 1st quarter. SkyOak Wealth LLC now owns 4,561 shares of the industrial products company’s stock valued at $341,000 after buying an additional 228 shares in the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently commented on DCI. Stifel Nicolaus lowered their price target on shares of Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a report on Thursday, August 29th. StockNews.com lowered shares of Donaldson from a “strong-buy” rating to a “buy” rating in a report on Friday. Robert W. Baird cut their price objective on Donaldson from $80.00 to $79.00 and set an “outperform” rating on the stock in a research report on Monday, June 3rd. Finally, Raymond James began coverage on Donaldson in a report on Friday, June 28th. They set a “market perform” rating for the company. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $69.67.
Read Our Latest Stock Analysis on DCI
About Donaldson
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.
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