BNP Paribas Financial Markets Has $860,000 Holdings in Donaldson Company, Inc. (NYSE:DCI)

BNP Paribas Financial Markets increased its holdings in Donaldson Company, Inc. (NYSE:DCIFree Report) by 32.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,162 shares of the industrial products company’s stock after buying an additional 3,201 shares during the period. BNP Paribas Financial Markets’ holdings in Donaldson were worth $860,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Signaturefd LLC lifted its position in shares of Donaldson by 28.2% during the 3rd quarter. Signaturefd LLC now owns 783 shares of the industrial products company’s stock valued at $47,000 after acquiring an additional 172 shares during the period. Victory Capital Management Inc. grew its stake in Donaldson by 6.3% during the third quarter. Victory Capital Management Inc. now owns 19,976 shares of the industrial products company’s stock worth $1,191,000 after buying an additional 1,183 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in Donaldson by 36.4% in the 3rd quarter. Wealthspire Advisors LLC now owns 4,966 shares of the industrial products company’s stock valued at $296,000 after buying an additional 1,325 shares during the period. Arizona State Retirement System increased its holdings in Donaldson by 1.3% in the 3rd quarter. Arizona State Retirement System now owns 34,521 shares of the industrial products company’s stock valued at $2,059,000 after buying an additional 457 shares during the period. Finally, Quantbot Technologies LP acquired a new position in shares of Donaldson in the 3rd quarter valued at approximately $303,000. 82.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on DCI shares. StockNews.com upgraded shares of Donaldson from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 7th. Robert W. Baird boosted their price target 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 issued a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Donaldson presently has an average rating of “Hold” and an average price target of $67.50.

Check Out Our Latest Stock Report on Donaldson

Donaldson Price Performance

DCI stock opened at $72.42 on Thursday. The stock has a market cap of $8.72 billion, a price-to-earnings ratio of 23.59, a P/E/G ratio of 2.15 and a beta of 1.09. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.47 and a quick ratio of 0.99. The company has a 50 day simple moving average of $73.80 and a 200 day simple moving average of $68.34. Donaldson Company, Inc. has a 1 year low of $57.05 and a 1 year high of $75.98.

Donaldson (NYSE:DCIGet Free Report) last posted its earnings results 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. The firm had revenue of $876.70 million during the quarter, compared to the consensus estimate of $874.34 million. Donaldson had a return on equity of 28.52% and a net margin of 10.82%. The business’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period last year, the company earned $0.75 earnings per share. Research analysts anticipate that Donaldson Company, Inc. will post 3.28 EPS for the current fiscal year.

Insider Activity at Donaldson

In other news, Director Ajita G. Rajendra sold 18,700 shares of the firm’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $73.51, for a total transaction of $1,374,637.00. Following the completion of the transaction, the director now owns 41,961 shares of the company’s stock, valued at $3,084,553.11. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, Director Willard D. Oberton sold 4,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 20th. The shares were sold at an average price of $73.54, for a total value of $330,930.00. Following the transaction, the director now owns 27,685 shares in the company, valued at approximately $2,035,954.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Ajita G. Rajendra sold 18,700 shares of the company’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $73.51, for a total transaction of $1,374,637.00. Following the completion of the sale, the director now directly owns 41,961 shares in the company, valued at $3,084,553.11. The disclosure for this sale can be found here. Insiders sold a total of 79,407 shares of company stock worth $5,817,942 in the last quarter. 2.58% of the stock is owned by insiders.

About Donaldson

(Free Report)

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.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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