Donaldson Company, Inc. (NYSE:DCI) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund reduced its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 5.4% during the 4th quarter, Holdings Channel.com reports. The fund owned 220,245 shares of the industrial products company’s stock after selling 12,569 shares during the quarter. New York State Common Retirement Fund’s holdings in Donaldson were worth $14,393,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Fuller & Thaler Asset Management Inc. grew its holdings in shares of Donaldson by 37.0% during the third quarter. Fuller & Thaler Asset Management Inc. now owns 982,485 shares of the industrial products company’s stock worth $58,595,000 after purchasing an additional 265,311 shares during the last quarter. Assenagon Asset Management S.A. grew its stake in Donaldson by 809.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 277,788 shares of the industrial products company’s stock worth $18,153,000 after buying an additional 247,243 shares during the last quarter. Invesco Ltd. grew its stake in Donaldson by 16.3% during the 3rd quarter. Invesco Ltd. now owns 809,491 shares of the industrial products company’s stock worth $48,278,000 after buying an additional 113,624 shares during the last quarter. FMR LLC increased its position in Donaldson by 2.6% during the third quarter. FMR LLC now owns 4,440,692 shares of the industrial products company’s stock worth $264,843,000 after buying an additional 113,591 shares during the period. Finally, AQR Capital Management LLC lifted its stake in Donaldson by 15.8% in the third quarter. AQR Capital Management LLC now owns 698,571 shares of the industrial products company’s stock valued at $41,621,000 after buying an additional 95,423 shares during the last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Donaldson news, Director Willard D. Oberton sold 4,500 shares of Donaldson stock in a transaction that occurred on Wednesday, March 20th. The stock was sold at an average price of $73.54, for a total value of $330,930.00. Following the sale, the director now owns 27,685 shares of the company’s stock, valued at approximately $2,035,954.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Donaldson news, Director Willard D. Oberton sold 4,500 shares of the stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $73.54, for a total value of $330,930.00. Following the completion of the transaction, the director now owns 27,685 shares in the company, valued at $2,035,954.90. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Thomas R. Scalf sold 7,680 shares of the business’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $71.09, for a total transaction of $545,971.20. Following the sale, the president now owns 34,334 shares in the company, valued at $2,440,804.06. The disclosure for this sale can be found here. Insiders sold 79,407 shares of company stock valued at $5,817,942 over the last ninety days. Corporate insiders own 2.58% of the company’s stock.

Donaldson Trading Up 1.0 %

NYSE:DCI opened at $72.96 on Tuesday. Donaldson Company, Inc. has a 12-month low of $57.05 and a 12-month high of $75.44. The company has a current ratio of 1.47, a quick ratio of 0.99 and a debt-to-equity ratio of 0.26. The stock’s 50 day simple moving average is $72.39 and its 200-day simple moving average is $66.05. The firm has a market cap of $8.78 billion, a P/E ratio of 23.77, a PEG ratio of 2.10 and a beta of 1.10.

Donaldson (NYSE:DCI) last announced its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $874.34 million. During the same period in the previous year, the company posted $0.75 EPS. Donaldson’s revenue was up 5.8% compared to the same quarter last year. Equities analysts anticipate that Donaldson Company, Inc. will post 3.28 EPS for the current year.

Analyst Ratings Changes

DCI has been the topic of a number of research reports. Robert W. Baird raised their target price on shares of Donaldson from $76.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, April 11th. Morgan Stanley began coverage on shares of Donaldson in a research report on Monday, January 8th. They set an “underweight” rating and a $59.00 price objective on the stock. Finally, StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $67.50.

About Donaldson

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.