19,464 Shares in Donaldson Company, Inc. (NYSE:DCI) Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 19,464 shares of the industrial products company's stock, valued at approximately $1,311,000.

Other hedge funds have also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new stake in shares of Donaldson during the third quarter worth $41,000. Venturi Wealth Management LLC increased its stake in shares of Donaldson by 89.6% during the 4th quarter. Venturi Wealth Management LLC now owns 781 shares of the industrial products company's stock valued at $53,000 after acquiring an additional 369 shares during the last quarter. GAMMA Investing LLC lifted its holdings in shares of Donaldson by 28.7% during the 4th quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company's stock worth $62,000 after acquiring an additional 206 shares during the period. Kentucky Trust Co purchased a new stake in Donaldson in the fourth quarter valued at approximately $105,000. Finally, Point72 Asia Singapore Pte. Ltd. raised its stake in Donaldson by 38.2% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,066 shares of the industrial products company's stock worth $152,000 after purchasing an additional 571 shares during the period. Institutional investors and hedge funds own 82.81% of the company's stock.

Donaldson Stock Down 1.1 %

Donaldson stock traded down $0.76 during midday trading on Tuesday, hitting $69.29. 1,180,011 shares of the company were exchanged, compared to its average volume of 571,720. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.85 and a quick ratio of 1.20. Donaldson Company, Inc. has a fifty-two week low of $65.10 and a fifty-two week high of $78.95. The company's fifty day moving average price is $69.43 and its 200-day moving average price is $71.95. The company has a market cap of $8.28 billion, a PE ratio of 20.14, a price-to-earnings-growth ratio of 1.82 and a beta of 1.04.

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Donaldson (NYSE:DCI - Get Free Report) last announced its earnings results on Thursday, February 27th. The industrial products company reported $0.83 earnings per share 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 firm had revenue of $870.00 million during the quarter, compared to analysts' expectations of $908.32 million. On average, research analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 13th were paid a dividend of $0.27 per share. The ex-dividend date was Thursday, February 13th. This represents a $1.08 dividend on an annualized basis and a yield of 1.56%. Donaldson's dividend payout ratio (DPR) is presently 31.58%.

Insider Buying and Selling at Donaldson

In other news, Director Trudy A. Rautio sold 14,000 shares of the company's stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $67.60, for a total value of $946,400.00. Following the sale, the director now owns 26,420 shares in the company, valued at approximately $1,785,992. This represents a 34.64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, President Thomas R. Scalf sold 29,500 shares of Donaldson stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $68.89, for a total value of $2,032,255.00. Following the completion of the transaction, the president now owns 28,334 shares of the company's stock, valued at $1,951,929.26. This trade represents a 51.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.70% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

DCI has been the topic of several research reports. StockNews.com lowered Donaldson from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, March 4th. Morgan Stanley boosted their target price on Donaldson from $67.00 to $68.00 and gave the stock an "underweight" rating in a report on Wednesday, December 4th. Finally, Robert W. Baird raised their price target on shares of Donaldson from $81.00 to $83.00 and gave the company an "outperform" rating in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $74.00.

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.