Vanguard Personalized Indexing Management LLC Raises Stock Position in Donaldson Company, Inc. $DCI

Vanguard Personalized Indexing Management LLC boosted its holdings in Donaldson Company, Inc. (NYSE:DCI) by 2.7% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 11,788 shares of the industrial products company’s stock after buying an additional 315 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Donaldson were worth $818,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Johnson Investment Counsel Inc. boosted its holdings in shares of Donaldson by 1.9% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 45,270 shares of the industrial products company’s stock valued at $3,139,000 after purchasing an additional 859 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Donaldson by 8.9% during the 2nd quarter. Blue Trust Inc. now owns 2,866 shares of the industrial products company’s stock valued at $199,000 after purchasing an additional 235 shares during the last quarter. Callan Family Office LLC boosted its holdings in shares of Donaldson by 963.3% during the 2nd quarter. Callan Family Office LLC now owns 40,343 shares of the industrial products company’s stock valued at $2,798,000 after purchasing an additional 36,549 shares during the last quarter. Blair William & Co. IL boosted its holdings in shares of Donaldson by 1.4% during the 2nd quarter. Blair William & Co. IL now owns 95,573 shares of the industrial products company’s stock valued at $6,628,000 after purchasing an additional 1,311 shares during the last quarter. Finally, Eads & Heald Wealth Management boosted its holdings in shares of Donaldson by 25.9% during the 2nd quarter. Eads & Heald Wealth Management now owns 12,578 shares of the industrial products company’s stock valued at $872,000 after purchasing an additional 2,590 shares during the last quarter. Institutional investors own 82.81% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of Donaldson in a research report on Tuesday, October 14th. Morgan Stanley lifted their price target on Donaldson from $69.00 to $72.00 and gave the stock an “underweight” rating in a research report on Tuesday, September 2nd. Robert W. Baird lifted their price target on Donaldson from $78.00 to $85.00 and gave the stock an “outperform” rating in a research report on Friday, August 29th. Wall Street Zen upgraded Donaldson from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Finally, Stifel Nicolaus lifted their price target on Donaldson from $69.00 to $84.00 and gave the stock a “hold” rating in a research report on Thursday, August 28th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $80.33.

Donaldson Stock Up 0.6%

Shares of NYSE DCI opened at $82.81 on Monday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.93 and a quick ratio of 1.25. The company has a market cap of $9.59 billion, a P/E ratio of 27.15, a PEG ratio of 1.96 and a beta of 0.99. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $83.45. The firm has a 50-day simple moving average of $79.58 and a two-hundred day simple moving average of $72.29.

Donaldson (NYSE:DCI) last posted its quarterly earnings results on Tuesday, February 28th. The industrial products company reported $0.57 earnings per share for the quarter. Donaldson had a net margin of 9.94% and a return on equity of 29.50%. The firm had revenue of $802.50 million during the quarter. Research analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, August 27th. Stockholders of record on Tuesday, August 12th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend was Tuesday, August 12th. Donaldson’s payout ratio is currently 39.34%.

Insider Activity

In other news, Director Trudy A. Rautio sold 31,900 shares of Donaldson stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $79.96, for a total transaction of $2,550,724.00. Following the completion of the sale, the director owned 29,330 shares of the company’s stock, valued at approximately $2,345,226.80. The trade was a 52.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Amy C. Becker sold 18,500 shares of Donaldson stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $81.71, for a total transaction of $1,511,635.00. Following the transaction, the insider directly owned 44,645 shares in the company, valued at approximately $3,647,942.95. The trade was a 29.30% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 63,900 shares of company stock valued at $5,129,264. Corporate insiders own 2.20% of the company’s stock.

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.