Blue Trust Inc. Buys 782 Shares of Donaldson Company, Inc. (NYSE:DCI)

Blue Trust Inc. grew its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 30.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,368 shares of the industrial products company’s stock after purchasing an additional 782 shares during the period. Blue Trust Inc.’s holdings in Donaldson were worth $248,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. UMB Bank n.a. grew its holdings in Donaldson by 359.2% during the 3rd quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock valued at $26,000 after buying an additional 273 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in Donaldson in the third quarter worth $41,000. V Square Quantitative Management LLC raised its stake in Donaldson by 52.0% during the third quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 207 shares in the last quarter. GAMMA Investing LLC lifted its position in Donaldson by 72.0% during the third quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company’s stock valued at $53,000 after purchasing an additional 301 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Donaldson by 185.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,269 shares of the industrial products company’s stock worth $91,000 after buying an additional 825 shares in the last quarter. 82.81% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Robert W. Baird boosted their price objective on Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 4th. StockNews.com downgraded Donaldson from a “strong-buy” rating to a “buy” rating in a research report on Friday. Finally, Morgan Stanley increased their price target on Donaldson from $67.00 to $68.00 and gave the company an “underweight” rating in a report on Wednesday, December 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’s stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $74.00.

Donaldson Stock Down 2.2 %

Shares of DCI opened at $69.60 on Tuesday. The firm has a market capitalization of $8.31 billion, a P/E ratio of 20.23, a P/E/G ratio of 1.86 and a beta of 1.06. Donaldson Company, Inc. has a 12-month low of $65.60 and a 12-month high of $78.95. The firm has a fifty day moving average price of $70.71 and a 200-day moving average price of $72.56. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35.

Donaldson (NYSE:DCI) last issued its earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share for the quarter, beating analysts’ consensus estimates of $0.82 by $0.01. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The business had revenue of $900.10 million during the quarter, compared to analyst estimates of $888.88 million. During the same period in the previous year, the company posted $0.75 EPS. Donaldson’s revenue was up 6.4% on a year-over-year basis. Equities research analysts expect that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Thursday, February 13th will be issued a dividend of $0.27 per share. The ex-dividend date is Thursday, February 13th. This represents a $1.08 dividend on an annualized basis and a yield of 1.55%. Donaldson’s dividend payout ratio is currently 31.40%.

Insider Activity at Donaldson

In other news, Director Trudy A. Rautio sold 14,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $67.60, for a total transaction of $946,400.00. Following the sale, the director now owns 26,420 shares in the company, valued at approximately $1,785,992. The trade was a 34.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.70% of the stock is owned by corporate insiders.

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.