Donaldson Company, Inc. (NYSE:DCI) Shares Sold by Cwm LLC

Cwm LLC trimmed its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 7.4% in the fourth quarter, HoldingsChannel reports. The firm owned 3,629 shares of the industrial products company’s stock after selling 292 shares during the period. Cwm LLC’s holdings in Donaldson were worth $237,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Millburn Ridgefield Corp acquired a new position in shares of Donaldson during the third quarter valued at approximately $27,000. Catalyst Capital Advisors LLC bought a new stake in shares of Donaldson in the 3rd quarter worth $27,000. Fortitude Family Office LLC acquired a new stake in shares of Donaldson in the fourth quarter valued at $27,000. Lindbrook Capital LLC boosted its stake in Donaldson by 58.2% during the fourth quarter. Lindbrook Capital LLC now owns 473 shares of the industrial products company’s stock valued at $31,000 after buying an additional 174 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in Donaldson by 65.5% during the fourth quarter. Blue Trust Inc. now owns 753 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 298 shares during the period. Institutional investors and hedge funds own 82.81% of the company’s stock.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In other news, President Thomas R. Scalf sold 3,027 shares of the company’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 owns 34,334 shares in the company, valued at approximately $2,509,472.06. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, President Thomas R. Scalf sold 3,027 shares of the business’s stock in a transaction on Monday, March 4th. The shares were sold at an average price of $73.09, for a total transaction of $221,243.43. Following the transaction, the president now directly owns 34,334 shares in the company, valued at approximately $2,509,472.06. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Willard D. Oberton sold 4,500 shares of the company’s stock in a transaction on Wednesday, March 20th. The stock was sold at an average price of $73.54, for a total transaction of $330,930.00. Following the completion of the transaction, the director now directly owns 27,685 shares in the company, valued at $2,035,954.90. The disclosure for this sale can be found here. In the last ninety days, insiders sold 79,407 shares of company stock worth $5,817,942. 2.58% of the stock is currently owned by company insiders.

Donaldson Stock Up 0.9 %

Shares of NYSE:DCI opened at $73.85 on Friday. The firm has a 50 day simple moving average of $72.77 and a 200 day simple moving average of $66.23. Donaldson Company, Inc. has a 52 week low of $57.05 and a 52 week high of $75.44. 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 company has a market cap of $8.89 billion, a PE ratio of 24.06, a price-to-earnings-growth ratio of 2.10 and a beta of 1.09.

Donaldson (NYSE:DCI) last announced its 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. The company had revenue of $876.70 million for the quarter, compared to the consensus estimate of $874.34 million. Donaldson had a net margin of 10.82% and a return on equity of 28.52%. The company’s revenue was up 5.8% on a year-over-year basis. During the same period in the previous year, the business earned $0.75 EPS. As a group, research analysts expect that Donaldson Company, Inc. will post 3.28 earnings per share for the current year.

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.