Donaldson Company, Inc. (NYSE:DCI) Shares Acquired by Barclays PLC

Barclays PLC increased its stake in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 19.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,738 shares of the industrial products company's stock after purchasing an additional 13,568 shares during the period. Barclays PLC owned 0.07% of Donaldson worth $6,171,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Donaldson by 1.8% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,884,187 shares of the industrial products company's stock worth $134,832,000 after acquiring an additional 32,964 shares during the last quarter. American Century Companies Inc. lifted its holdings in Donaldson by 4.7% in the 2nd quarter. American Century Companies Inc. now owns 1,691,903 shares of the industrial products company's stock valued at $121,073,000 after purchasing an additional 75,733 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Donaldson by 13.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,310,372 shares of the industrial products company's stock worth $93,770,000 after purchasing an additional 153,342 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Donaldson by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 1,285,130 shares of the industrial products company's stock worth $91,964,000 after buying an additional 9,143 shares in the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Donaldson by 18.5% during the second quarter. AQR Capital Management LLC now owns 754,631 shares of the industrial products company's stock worth $53,964,000 after buying an additional 117,874 shares in the last quarter. Hedge funds and other institutional investors own 82.81% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Robert W. Baird upped their price objective on shares of Donaldson from $81.00 to $83.00 and gave the company an "outperform" rating in a research note on Wednesday, December 4th. Stifel Nicolaus decreased their price objective on Donaldson from $76.00 to $71.00 and set a "hold" rating on the stock in a report on Thursday, August 29th. Morgan Stanley upped their target price on Donaldson from $67.00 to $68.00 and gave the company an "underweight" rating in a research note on Wednesday, December 4th. Finally, StockNews.com upgraded Donaldson from a "buy" rating to a "strong-buy" rating in a research report on Saturday, September 28th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat, Donaldson has a consensus rating of "Hold" and a consensus price target of $74.00.

Insider Activity at Donaldson

In other news, CEO Tod E. Carpenter sold 30,919 shares of the company's stock in a transaction dated Monday, September 23rd. The stock was sold at an average price of $72.69, for a total value of $2,247,502.11. Following the completion of the sale, the chief executive officer now owns 256,742 shares of the company's stock, valued at $18,662,575.98. This represents a 10.75 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, President Thomas R. Scalf sold 2,500 shares of the firm's stock in a transaction dated Wednesday, October 9th. The shares were sold at an average price of $73.16, for a total value of $182,900.00. Following the sale, the president now owns 28,334 shares in the company, valued at approximately $2,072,915.44. The trade was a 8.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 124,014 shares of company stock worth $9,133,197. Company insiders own 2.70% of the company's stock.

Donaldson Trading Down 0.4 %

Shares of NYSE DCI traded down $0.26 during trading on Friday, hitting $68.02. 2,241,508 shares of the company traded hands, compared to its average volume of 516,604. The firm has a market capitalization of $8.12 billion, a P/E ratio of 19.77, a P/E/G ratio of 1.90 and a beta of 1.04. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35. The company has a 50-day moving average price of $74.74 and a 200-day moving average price of $73.26. Donaldson Company, Inc. has a 1 year low of $61.79 and a 1 year high of $78.95.

Donaldson (NYSE:DCI - Get Free Report) last posted its quarterly earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.82 by $0.01. The firm had revenue of $900.10 million during the quarter, compared to the consensus estimate of $888.88 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The firm's quarterly revenue was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.75 earnings per share. On average, equities analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.59%. The ex-dividend date is Monday, December 9th. Donaldson's dividend payout ratio (DPR) is presently 31.40%.

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.