Cetera Investment Advisers Has $716,000 Holdings in Donaldson Company, Inc. (NYSE:DCI)

Cetera Investment Advisers raised its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 4.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,635 shares of the industrial products company’s stock after buying an additional 499 shares during the period. Cetera Investment Advisers’ holdings in Donaldson were worth $716,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its position in Donaldson by 43.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 597 shares of the industrial products company’s stock worth $40,000 after purchasing an additional 180 shares during the last quarter. Johnson Financial Group Inc. boosted its stake in Donaldson by 48.8% in the 4th quarter. Johnson Financial Group Inc. now owns 595 shares of the industrial products company’s stock worth $42,000 after purchasing an additional 195 shares during the period. Venturi Wealth Management LLC grew its holdings in shares of Donaldson by 89.6% during the fourth quarter. Venturi Wealth Management LLC now owns 781 shares of the industrial products company’s stock worth $53,000 after buying an additional 369 shares in the last quarter. Quarry LP lifted its position in shares of Donaldson by 162.7% in the fourth quarter. Quarry LP now owns 1,072 shares of the industrial products company’s stock worth $72,000 after purchasing an additional 664 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Donaldson by 45.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,137 shares of the industrial products company’s stock valued at $77,000 after acquiring an additional 353 shares in the last quarter. Institutional investors own 82.81% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on DCI shares. Stifel Nicolaus cut their price target on shares of Donaldson from $70.00 to $63.00 and set a “hold” rating for the company in a research note on Monday, April 14th. Wall Street Zen lowered Donaldson from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $71.33.

Donaldson Trading Down 0.9%

DCI opened at $68.21 on Monday. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $78.95. The company has a market cap of $8.15 billion, a P/E ratio of 19.83, a PEG ratio of 1.82 and a beta of 1.01. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35. The company’s 50 day moving average is $66.05 and its 200-day moving average is $69.27.

Donaldson (NYSE:DCI) last released its quarterly earnings results on Thursday, February 27th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.02). Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The business had revenue of $870.00 million for the quarter, compared to the consensus estimate of $908.32 million. Equities research analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Insider Transactions at Donaldson

In related news, President Thomas R. Scalf sold 29,500 shares of the business’s stock in a transaction on Friday, February 28th. The shares were sold at an average price of $68.89, for a total transaction of $2,032,255.00. Following the transaction, the president now owns 28,334 shares in the company, valued at $1,951,929.26. The trade was a 51.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director James Owens sold 18,700 shares of the business’s stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of $62.02, for a total value of $1,159,774.00. Following the completion of the sale, the director now directly owns 20,246 shares of the company’s stock, valued at $1,255,656.92. The trade was a 48.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 76,700 shares of company stock worth $5,164,799. Company insiders own 2.70% of the company’s stock.

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.