Cwm LLC Sells 5,891 Shares of Donaldson Company, Inc. $DCI

Cwm LLC lowered its stake in Donaldson Company, Inc. (NYSE:DCI) by 32.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,313 shares of the industrial products company’s stock after selling 5,891 shares during the quarter. Cwm LLC’s holdings in Donaldson were worth $854,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Kingstone Capital Partners Texas LLC acquired a new position in shares of Donaldson during the second quarter worth $679,475,000. Kayne Anderson Rudnick Investment Management LLC increased its position in Donaldson by 75.3% during the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,330,602 shares of the industrial products company’s stock valued at $223,350,000 after purchasing an additional 1,430,120 shares during the period. Fiduciary Management Inc. WI increased its position in Donaldson by 13.1% during the 1st quarter. Fiduciary Management Inc. WI now owns 2,499,756 shares of the industrial products company’s stock valued at $167,634,000 after purchasing an additional 290,477 shares during the period. Dimensional Fund Advisors LP increased its position in Donaldson by 12.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,818,227 shares of the industrial products company’s stock valued at $121,926,000 after purchasing an additional 202,746 shares during the period. Finally, Fuller & Thaler Asset Management Inc. increased its position in Donaldson by 0.3% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 1,598,281 shares of the industrial products company’s stock valued at $107,181,000 after purchasing an additional 4,041 shares during the period. Institutional investors own 82.81% of the company’s stock.

Insider Transactions at Donaldson

In other news, President Guillermo Briseno sold 13,500 shares of Donaldson stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $79.03, for a total transaction of $1,066,905.00. Following the sale, the president directly owned 25,309 shares in the company, valued at $2,000,170.27. The trade was a 34.79% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Amy C. Becker sold 18,500 shares of Donaldson stock in a transaction on Thursday, August 28th. The stock was sold at an average price of $81.71, for a total value of $1,511,635.00. Following the sale, the insider owned 44,645 shares in the company, valued at $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. Insiders have sold 63,900 shares of company stock worth $5,129,264 in the last ninety days. Company insiders own 2.20% of the company’s stock.

Analysts Set New Price Targets

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

Donaldson Price Performance

Shares of NYSE:DCI opened at $82.61 on Thursday. The company has a current ratio of 1.93, a quick ratio of 1.25 and a debt-to-equity ratio of 0.43. The stock’s fifty day simple moving average is $80.13 and its two-hundred day simple moving average is $72.60. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $84.42. The stock has a market cap of $9.57 billion, a PE ratio of 27.08, a price-to-earnings-growth ratio of 1.99 and a beta of 0.99.

Donaldson (NYSE:DCI) last issued its quarterly earnings data on Tuesday, February 28th. The industrial products company reported $0.57 earnings per share for the quarter. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The business had revenue of $802.50 million for the quarter. As a group, analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders of record on Tuesday, August 12th were paid a dividend of $0.30 per share. The ex-dividend date was Tuesday, August 12th. This represents a $1.20 annualized dividend and a yield of 1.5%. Donaldson’s dividend payout ratio (DPR) is 39.34%.

Donaldson 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.