Donaldson Company, Inc. (NYSE:DCI) Shares Sold by nVerses Capital LLC

nVerses Capital LLC decreased its position in Donaldson Company, Inc. (NYSE:DCI) by 68.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,300 shares of the industrial products company’s stock after selling 2,800 shares during the period. nVerses Capital LLC’s holdings in Donaldson were worth $96,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. UMB Bank n.a. grew its holdings in Donaldson by 359.2% in the third quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock valued at $26,000 after purchasing an additional 273 shares during the last quarter. Park Place Capital Corp acquired a new stake in Donaldson in the first quarter valued at $27,000. Mather Group LLC. grew its holdings in Donaldson by 408.1% in the second quarter. Mather Group LLC. now owns 503 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 404 shares during the last quarter. Versant Capital Management Inc boosted its stake in shares of Donaldson by 1,372.2% during the second quarter. Versant Capital Management Inc now owns 530 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 494 shares during the last quarter. Finally, Riverview Trust Co acquired a new stake in shares of Donaldson during the first quarter valued at $46,000. Institutional investors and hedge funds own 82.81% of the company’s stock.

Analyst Upgrades and Downgrades

DCI has been the topic of a number of analyst reports. StockNews.com raised Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 28th. Raymond James initiated coverage on Donaldson in a research note on Friday, June 28th. They set a “market perform” rating on the stock. Finally, Stifel Nicolaus decreased their price objective on Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a research note on Thursday, August 29th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $69.67.

Donaldson Stock Up 1.3 %

Shares of NYSE:DCI opened at $75.70 on Monday. The stock’s 50-day moving average price is $72.63 and its two-hundred day moving average price is $72.90. The company has a current ratio of 1.84, a quick ratio of 1.23 and a debt-to-equity ratio of 0.32. Donaldson Company, Inc. has a 12-month low of $57.05 and a 12-month high of $78.03. The firm has a market cap of $9.11 billion, a price-to-earnings ratio of 23.44, a PEG ratio of 1.92 and a beta of 1.04.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Wednesday, August 28th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.06. Donaldson had a return on equity of 29.47% and a net margin of 11.54%. The firm had revenue of $935.40 million for the quarter, compared to analyst estimates of $941.12 million. On average, research analysts forecast that Donaldson Company, Inc. will post 3.63 EPS for the current year.

Donaldson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, August 28th. Stockholders of record on Tuesday, August 13th were issued a $0.27 dividend. The ex-dividend date was Tuesday, August 13th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.43%. Donaldson’s dividend payout ratio (DPR) is 33.44%.

Insider Transactions at Donaldson

In other news, President Thomas R. Scalf sold 4,295 shares of the firm’s stock in a transaction dated Monday, October 7th. The stock was sold at an average price of $73.33, for a total value of $314,952.35. Following the transaction, the president now directly owns 30,834 shares in the company, valued at $2,261,057.22. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, President Thomas R. Scalf sold 2,500 shares of the firm’s stock in a transaction dated Wednesday, October 9th. The stock was sold at an average price of $73.16, for a total transaction of $182,900.00. Following the sale, the president now directly owns 28,334 shares in the company, valued at approximately $2,072,915.44. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Thomas R. Scalf sold 4,295 shares of the firm’s stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $73.33, for a total value of $314,952.35. Following the sale, the president now owns 30,834 shares in the company, valued at approximately $2,261,057.22. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 167,805 shares of company stock worth $12,310,222 in the last three months. 2.58% of the stock is currently owned by company insiders.

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.