5,296 Shares in Donaldson Company, Inc. (DCI) Acquired by Accredited Investors Inc.

Accredited Investors Inc. acquired a new stake in shares of Donaldson Company, Inc. (NYSE:DCI) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 5,296 shares of the industrial products company’s stock, valued at approximately $259,000.

Other institutional investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. boosted its position in shares of Donaldson by 5.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 4,217 shares of the industrial products company’s stock worth $192,000 after purchasing an additional 217 shares in the last quarter. Magnetar Financial LLC bought a new stake in shares of Donaldson in the 3rd quarter worth approximately $201,000. CIBC Asset Management Inc bought a new stake in shares of Donaldson in the 3rd quarter worth approximately $201,000. Quantbot Technologies LP bought a new stake in shares of Donaldson in the 2nd quarter worth approximately $207,000. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of Donaldson in the 2nd quarter worth approximately $209,000. 77.63% of the stock is currently owned by institutional investors and hedge funds.

Shares of Donaldson Company, Inc. (NYSE:DCI) traded up $0.04 on Wednesday, reaching $51.27. 1,051,800 shares of the company’s stock were exchanged, compared to its average volume of 536,530. The stock has a market cap of $6,660.00, a price-to-earnings ratio of 28.97, a PEG ratio of 2.33 and a beta of 1.20. The company has a debt-to-equity ratio of 0.72, a quick ratio of 2.13 and a current ratio of 2.90. Donaldson Company, Inc. has a 1-year low of $41.46 and a 1-year high of $52.12.

Donaldson (NYSE:DCI) last announced its earnings results on Thursday, November 30th. The industrial products company reported $0.46 earnings per share for the quarter, beating analysts’ consensus estimates of $0.42 by $0.04. The business had revenue of $644.80 million during the quarter, compared to analyst estimates of $602.02 million. Donaldson had a net margin of 9.57% and a return on equity of 28.49%. The company’s quarterly revenue was up 16.6% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.05) EPS. research analysts expect that Donaldson Company, Inc. will post 1.99 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 21st. Shareholders of record on Wednesday, December 6th were paid a dividend of $0.18 per share. The ex-dividend date was Tuesday, December 5th. This represents a $0.72 dividend on an annualized basis and a yield of 1.40%. Donaldson’s dividend payout ratio is presently 40.68%.

DCI has been the subject of a number of recent analyst reports. Stifel Nicolaus restated a “hold” rating and issued a $53.00 price objective (up from $50.00) on shares of Donaldson in a report on Tuesday. SunTrust Banks restated a “hold” rating and issued a $46.00 price objective on shares of Donaldson in a report on Friday, October 27th. Jefferies Group restated a “buy” rating and issued a $57.00 price objective on shares of Donaldson in a report on Friday, December 1st. Zacks Investment Research upgraded shares of Donaldson from a “sell” rating to a “hold” rating in a report on Monday, October 30th. Finally, Oppenheimer restated a “hold” rating on shares of Donaldson in a report on Monday, December 18th. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $52.20.

In other Donaldson news, insider Melissa A. Osland sold 1,453 shares of the business’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $48.26, for a total transaction of $70,121.78. Following the completion of the sale, the insider now directly owns 4,174 shares in the company, valued at approximately $201,437.24. The sale was disclosed in a document filed with the SEC, which is available through this link. 1.09% of the stock is currently owned by insiders.

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Donaldson Company Profile

Donaldson Company, Inc is a manufacturer of filtration systems and replacement parts. The Company’s segments include Engine Products, Industrial Products and Corporate. The Company’s products are manufactured at approximately 44 plants around the world and through three joint ventures. The Company offers its products under the Ultra-Web, PowerCore and Donaldson brands.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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