GAMMA Investing LLC Purchases 206 Shares of Donaldson Company, Inc. (NYSE:DCI)

GAMMA Investing LLC increased its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 28.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 925 shares of the industrial products company’s stock after buying an additional 206 shares during the period. GAMMA Investing LLC’s holdings in Donaldson were worth $62,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in DCI. UMB Bank n.a. raised its stake in Donaldson by 359.2% during the 3rd quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock worth $26,000 after buying an additional 273 shares during the period. Capital Performance Advisors LLP acquired a new stake in shares of Donaldson during the third quarter worth about $41,000. V Square Quantitative Management LLC lifted its holdings in shares of Donaldson by 52.0% during the 3rd 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. Headlands Technologies LLC grew its position in shares of Donaldson by 221.0% in the 2nd quarter. Headlands Technologies LLC now owns 1,011 shares of the industrial products company’s stock valued at $72,000 after purchasing an additional 696 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Donaldson by 185.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,269 shares of the industrial products company’s stock valued at $91,000 after buying an additional 825 shares during the period. Institutional investors and hedge funds own 82.81% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 28th. Morgan Stanley increased their target price on shares of Donaldson from $67.00 to $68.00 and gave the stock an “underweight” rating in a report on Wednesday, December 4th. Finally, Robert W. Baird boosted their price target on Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $74.00.

Donaldson Stock Down 2.1 %

Shares of DCI opened at $66.49 on Monday. The firm has a market cap of $7.94 billion, a P/E ratio of 19.33, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The firm’s 50-day simple moving average is $72.64 and its 200 day simple moving average is $72.68. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.85. Donaldson Company, Inc. has a 52 week low of $61.98 and a 52 week high of $78.95.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.01. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The firm had revenue of $900.10 million for the quarter, compared to analysts’ expectations of $888.88 million. During the same quarter last year, the business earned $0.75 EPS. The company’s quarterly revenue was up 6.4% compared to the same quarter last year. On average, analysts forecast that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Monday, December 9th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.62%. Donaldson’s payout ratio is 31.40%.

Insider Buying and Selling at Donaldson

In other Donaldson news, Director Trudy A. Rautio sold 14,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $67.60, for a total value of $946,400.00. Following the sale, the director now owns 26,420 shares of the company’s stock, valued at approximately $1,785,992. This trade represents a 34.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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.