Donaldson Company, Inc. (NYSE:DCI) Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. reduced its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 2.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 91,794 shares of the industrial products company’s stock after selling 1,910 shares during the quarter. Russell Investments Group Ltd.’s holdings in Donaldson were worth $5,999,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the business. GAMMA Investing LLC acquired a new stake in Donaldson in the 4th quarter valued at $55,000. Signaturefd LLC lifted its position in Donaldson by 49.7% during the 4th quarter. Signaturefd LLC now owns 1,172 shares of the industrial products company’s stock worth $77,000 after acquiring an additional 389 shares in the last quarter. Lindbrook Capital LLC boosted its holdings in Donaldson by 58.2% in the 4th quarter. Lindbrook Capital LLC now owns 473 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 174 shares during the period. AIA Group Ltd raised its stake 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 valued at $2,492,000 after purchasing an additional 27,393 shares during the period. Finally, SFE Investment Counsel lifted 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 purchasing an additional 261 shares in the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Analyst Ratings Changes

DCI has been the topic of several analyst reports. StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 7th. Robert W. Baird lifted their price objective on Donaldson from $76.00 to $80.00 and gave the stock an “outperform” rating in a report on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $67.50.

Insider Activity at Donaldson

In other Donaldson news, President Thomas R. Scalf sold 3,027 shares of Donaldson stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $73.09, for a total value of $221,243.43. Following the completion of the transaction, the president now directly owns 34,334 shares in the company, valued at $2,509,472.06. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In related news, President Thomas R. Scalf sold 3,027 shares of the firm’s stock in a transaction that occurred on Monday, March 4th. The stock was 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 approximately $2,509,472.06. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Sheila G. Kramer sold 45,500 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $73.52, for a total value of $3,345,160.00. Following the transaction, the insider now owns 23,171 shares of the company’s stock, valued at $1,703,531.92. The disclosure for this sale can be found here. Insiders sold a total of 79,407 shares of company stock valued at $5,817,942 in the last quarter. Insiders own 2.58% of the company’s stock.

Donaldson Trading Down 0.8 %

Shares of NYSE DCI opened at $74.28 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.47 and a debt-to-equity ratio of 0.26. The stock’s 50 day moving average price is $73.32 and its two-hundred day moving average price is $66.68. Donaldson Company, Inc. has a 52-week low of $57.05 and a 52-week high of $75.98. The stock has a market capitalization of $8.94 billion, a P/E ratio of 24.20, a PEG ratio of 2.14 and a beta of 1.09.

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, topping 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 firm had revenue of $876.70 million for the quarter, compared to analysts’ expectations of $874.34 million. During the same period last year, the business posted $0.75 earnings per share. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. On average, analysts anticipate that Donaldson Company, Inc. will post 3.28 earnings per share for the current fiscal 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.