Donaldson Company, Inc. (NYSE:DCI) Shares Acquired by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. lifted its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 3.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,409 shares of the industrial products company’s stock after purchasing an additional 323 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Donaldson were worth $615,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Signaturefd LLC boosted its holdings in shares of Donaldson by 28.2% during the third quarter. Signaturefd LLC now owns 783 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 172 shares during the last quarter. Janiczek Wealth Management LLC boosted its holdings in shares of Donaldson by 11.1% during the third quarter. Janiczek Wealth Management LLC now owns 1,731 shares of the industrial products company’s stock worth $103,000 after purchasing an additional 173 shares during the last quarter. Captrust Financial Advisors boosted its holdings in shares of Donaldson by 7.1% during the second quarter. Captrust Financial Advisors now owns 2,803 shares of the industrial products company’s stock worth $135,000 after purchasing an additional 185 shares during the last quarter. Pathstone Family Office LLC boosted its holdings in shares of Donaldson by 1.9% during the third quarter. Pathstone Family Office LLC now owns 10,355 shares of the industrial products company’s stock worth $508,000 after purchasing an additional 192 shares during the last quarter. Finally, Stonebridge Capital Advisors LLC raised its position in shares of Donaldson by 4.9% in the 4th quarter. Stonebridge Capital Advisors LLC now owns 4,245 shares of the industrial products company’s stock worth $250,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Trading Down 0.7 %

NYSE:DCI opened at $71.95 on Thursday. The business’s 50-day moving average is $71.51 and its two-hundred day moving average is $65.33. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.47 and a quick ratio of 0.99. Donaldson Company, Inc. has a 12 month low of $57.05 and a 12 month high of $75.44. The firm has a market capitalization of $8.66 billion, a PE ratio of 23.44, a price-to-earnings-growth ratio of 2.10 and a beta of 1.10.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Wednesday, February 28th. The industrial products company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.74 by $0.07. Donaldson had a return on equity of 28.52% and a net margin of 10.82%. The company had revenue of $876.70 million for the quarter, compared to analyst estimates of $874.34 million. During the same period last year, the company posted $0.75 earnings per share. The firm’s revenue was up 5.8% compared to the same quarter last year. Research analysts predict that Donaldson Company, Inc. will post 3.28 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, February 28th. Shareholders of record on Monday, February 12th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 1.39%. The ex-dividend date was Friday, February 9th. Donaldson’s dividend payout ratio (DPR) is presently 32.57%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. Morgan Stanley assumed coverage on Donaldson in a research report on Monday, January 8th. They issued an “underweight” rating and a $59.00 target price on the stock. Robert W. Baird increased their target price on Donaldson from $76.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, April 11th. Finally, StockNews.com raised Donaldson from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 7th. One analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $67.50.

Insider Buying and Selling at Donaldson

In other Donaldson news, President Thomas R. Scalf sold 3,027 shares of the firm’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $73.09, for a total value of $221,243.43. Following the transaction, the president now directly owns 34,334 shares of the company’s stock, valued at $2,509,472.06. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, President Thomas R. Scalf sold 7,680 shares of the firm’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $71.09, for a total transaction of $545,971.20. Following the completion of the sale, the president now directly owns 34,334 shares in the company, valued at $2,440,804.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, President Thomas R. Scalf sold 3,027 shares of the firm’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $73.09, for a total value of $221,243.43. Following the sale, the president now owns 34,334 shares of the company’s stock, valued at $2,509,472.06. The disclosure for this sale can be found here. Insiders have sold 79,407 shares of company stock valued at $5,817,942 over the last three months. 2.58% of the stock is owned by company 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.