Donaldson Company, Inc. (NYSE:DCI) Holdings Raised by Creative Planning

Creative Planning grew its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 2.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,017 shares of the industrial products company’s stock after purchasing an additional 786 shares during the period. Creative Planning’s holdings in Donaldson were worth $2,212,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of DCI. TD Asset Management Inc lifted its stake in Donaldson by 23.7% in the 1st quarter. TD Asset Management Inc now owns 1,920,651 shares of the industrial products company’s stock worth $143,434,000 after acquiring an additional 367,705 shares in the last quarter. Eagle Ridge Investment Management purchased a new stake in shares of Donaldson during the 1st quarter worth about $25,351,000. Heartland Advisors Inc. purchased a new stake in shares of Donaldson during the 1st quarter worth about $17,016,000. Los Angeles Capital Management LLC purchased a new stake in shares of Donaldson during the 2nd quarter worth about $14,288,000. Finally, Epoch Investment Partners Inc. raised its stake in shares of Donaldson by 16.6% during the 1st quarter. Epoch Investment Partners Inc. now owns 1,331,717 shares of the industrial products company’s stock worth $99,453,000 after purchasing an additional 190,024 shares in the last quarter. 82.81% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on DCI. Stifel Nicolaus cut their price target on Donaldson from $76.00 to $71.00 and set a “hold” rating for the company in a research note on Thursday, August 29th. StockNews.com raised Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 28th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $69.67.

Donaldson Stock Up 0.8 %

Shares of DCI stock opened at $74.88 on Monday. The stock’s 50 day simple moving average is $72.86 and its 200 day simple moving average is $72.89. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.23 and a current ratio of 1.84. Donaldson Company, Inc. has a twelve month low of $57.05 and a twelve month high of $78.03. The company has a market capitalization of $9.02 billion, a price-to-earnings ratio of 23.18, a PEG ratio of 1.92 and a beta of 1.04.

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

Insider Transactions at Donaldson

In related news, President Thomas R. Scalf sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $73.16, for a total transaction of $182,900.00. Following the completion of the transaction, the president now owns 28,334 shares in the company, valued at $2,072,915.44. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Donaldson news, President Thomas R. Scalf sold 2,500 shares of Donaldson stock in a transaction on Wednesday, October 9th. The stock was sold at an average price of $73.16, for a total value of $182,900.00. Following the completion of the transaction, the president now owns 28,334 shares in the company, valued at approximately $2,072,915.44. The trade was a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Willard D. Oberton sold 2,700 shares of Donaldson stock in a transaction on Friday, October 4th. The shares were sold at an average price of $73.37, for a total value of $198,099.00. Following the completion of the transaction, the director now owns 27,983 shares of the company’s stock, valued at approximately $2,053,112.71. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 167,805 shares of company stock valued at $12,310,222. 2.58% 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.