Donaldson Company, Inc. (NYSE:DCI) Shares Acquired by Lindbrook Capital LLC

Lindbrook Capital LLC lifted its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 58.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 473 shares of the industrial products company’s stock after buying an additional 174 shares during the quarter. Lindbrook Capital LLC’s holdings in Donaldson were worth $31,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. AIA Group Ltd grew its position in shares of Donaldson by 255.0% during the fourth quarter. AIA Group Ltd now owns 38,134 shares of the industrial products company’s stock worth $2,492,000 after buying an additional 27,393 shares in the last quarter. SFE Investment Counsel grew its position in shares of Donaldson by 0.3% during the fourth quarter. SFE Investment Counsel now owns 84,416 shares of the industrial products company’s stock worth $5,517,000 after buying an additional 261 shares in the last quarter. Cambridge Trust Co. lifted its stake in Donaldson by 0.5% during the fourth quarter. Cambridge Trust Co. now owns 96,967 shares of the industrial products company’s stock worth $6,337,000 after purchasing an additional 510 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Donaldson by 4.9% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 25,604 shares of the industrial products company’s stock worth $1,673,000 after purchasing an additional 1,202 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its stake in Donaldson by 3.6% during the fourth quarter. Mackenzie Financial Corp now owns 8,902 shares of the industrial products company’s stock worth $582,000 after purchasing an additional 311 shares during the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on DCI shares. Morgan Stanley started coverage on Donaldson in a research note on Monday, January 8th. They set an “underweight” rating and a $59.00 price objective on the stock. Robert W. Baird raised their price objective on Donaldson from $76.00 to $80.00 and gave the stock an “outperform” rating in a research note on Thursday, April 11th. Finally, StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 7th. One 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 company’s stock. According to data from MarketBeat, Donaldson currently has a consensus rating of “Hold” and an average price target of $67.50.

Insider Activity

In other news, President Thomas R. Scalf sold 7,680 shares of the business’s stock in a transaction on Friday, March 1st. The shares were sold at an average price of $71.09, for a total transaction of $545,971.20. Following the completion of the transaction, the president now owns 34,334 shares of the company’s stock, valued at $2,440,804.06. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In related news, Director Ajita G. Rajendra sold 18,700 shares of the company’s stock in a transaction dated Thursday, March 7th. The shares were sold at an average price of $73.51, for a total value of $1,374,637.00. Following the completion of the sale, the director now owns 41,961 shares of the company’s stock, valued at $3,084,553.11. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Thomas R. Scalf sold 7,680 shares of the company’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $71.09, for a total value of $545,971.20. Following the completion of the transaction, the president now owns 34,334 shares in the company, valued at approximately $2,440,804.06. The disclosure for this sale can be found here. Over the last quarter, insiders sold 79,407 shares of company stock valued at $5,817,942. 2.58% of the stock is currently owned by company insiders.

Donaldson Stock Performance

Shares of DCI opened at $72.27 on Friday. Donaldson Company, Inc. has a 1 year low of $57.05 and a 1 year high of $75.44. The company has a market cap of $8.70 billion, a price-to-earnings ratio of 23.54, a price-to-earnings-growth ratio of 2.10 and a beta of 1.10. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.99 and a current ratio of 1.47. The firm has a fifty day moving average of $72.26 and a 200-day moving average of $65.90.

Donaldson (NYSE:DCI) last announced its quarterly earnings results on Wednesday, February 28th. The industrial products company reported $0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.07. Donaldson had a net margin of 10.82% and a return on equity of 28.52%. The company had revenue of $876.70 million during the quarter, compared to the consensus estimate of $874.34 million. During the same quarter in the previous year, the company posted $0.75 earnings per share. The company’s revenue for the quarter was up 5.8% compared to the same quarter last year. As a group, equities analysts anticipate that Donaldson Company, Inc. will post 3.28 earnings per share for the current year.

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.