Natixis Advisors LLC Sells 1,128 Shares of Donaldson Company, Inc. (NYSE:DCI)

Natixis Advisors LLC decreased its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 4.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 22,604 shares of the industrial products company’s stock after selling 1,128 shares during the period. Natixis Advisors LLC’s holdings in Donaldson were worth $1,666,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UMB Bank n.a. raised its position in shares of 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 purchasing an additional 273 shares during the period. 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 buying an additional 494 shares in the last quarter. Mather Group LLC. raised its holdings in Donaldson by 408.1% during the second quarter. Mather Group LLC. now owns 503 shares of the industrial products company’s stock valued at $38,000 after acquiring an additional 404 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of Donaldson in the third quarter valued at about $41,000. Finally, V Square Quantitative Management LLC boosted its stake in shares of Donaldson by 52.0% in the third quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 207 shares during the period. Institutional investors own 82.81% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently issued reports on DCI shares. Stifel Nicolaus decreased their target price on Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a research note on Thursday, August 29th. StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 28th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $69.67.

Donaldson Trading Up 1.1 %

Shares of DCI stock opened at $78.27 on Tuesday. The company has a current ratio of 1.84, a quick ratio of 1.23 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $9.37 billion, a price-to-earnings ratio of 23.16, a price-to-earnings-growth ratio of 2.03 and a beta of 1.04. Donaldson Company, Inc. has a 12-month low of $58.75 and a 12-month high of $78.95. The stock’s 50-day moving average price is $74.57 and its 200-day moving average price is $73.33.

Donaldson (NYSE:DCI) last released its quarterly earnings data 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. The business had revenue of $935.40 million for the quarter, compared to the consensus estimate of $941.12 million. Donaldson had a return on equity of 29.47% and a net margin of 11.54%. Equities research analysts predict that Donaldson Company, Inc. will post 3.63 EPS for the current fiscal year.

Donaldson Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 23rd. Shareholders of record on Monday, December 9th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Monday, December 9th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.38%. Donaldson’s payout ratio is currently 31.95%.

Insider Transactions at Donaldson

In related news, CFO Scott J. Robinson sold 83,600 shares of the firm’s stock in a transaction on Friday, September 27th. The stock was sold at an average price of $74.04, for a total value of $6,189,744.00. Following the completion of the sale, the chief financial officer now directly owns 37,702 shares in the company, valued at $2,791,456.08. This trade represents a 68.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, 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 transaction of $182,900.00. Following the transaction, the president now directly owns 28,334 shares of the company’s stock, valued at $2,072,915.44. The trade was a 8.11 % 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. Insiders own 2.70% of the company’s stock.

Donaldson 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.