Donaldson Company, Inc. (NYSE:DCI) Director Trudy A. Rautio Sells 14,000 Shares

Donaldson Company, Inc. (NYSE:DCI - Get Free Report) Director Trudy A. Rautio sold 14,000 shares of the firm's stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $67.60, for a total transaction of $946,400.00. Following the completion of the transaction, the director now owns 26,420 shares in the company, valued at $1,785,992. The trade was a 34.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Donaldson Stock Performance

Donaldson stock traded down $0.70 during mid-day trading on Monday, reaching $67.56. The company had a trading volume of 413,023 shares, compared to its average volume of 465,641. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35. Donaldson Company, Inc. has a 52 week low of $61.79 and a 52 week high of $78.95. The company has a 50 day moving average of $73.16 and a 200-day moving average of $72.81. The firm has a market cap of $8.07 billion, a price-to-earnings ratio of 19.64, a PEG ratio of 1.90 and a beta of 1.06.

Donaldson (NYSE:DCI - Get Free Report) last issued its quarterly earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share 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 net margin of 11.56% and a return on equity of 29.07%. The business's revenue was up 6.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.75 EPS. On average, sell-side analysts expect 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 Monday, December 23rd. Stockholders of record on Monday, December 9th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend was Monday, December 9th. Donaldson's payout ratio is 31.40%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on DCI. Morgan Stanley raised their target price on shares of Donaldson from $67.00 to $68.00 and gave the company an "underweight" rating in a research note on Wednesday, December 4th. Robert W. Baird raised their target price 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. Finally, StockNews.com raised shares of Donaldson from a "buy" rating to a "strong-buy" rating in a report on Saturday, September 28th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $74.00.

Hedge Funds Weigh In On Donaldson

A number of hedge funds and other institutional investors have recently made changes to their positions in DCI. Dudley & Shanley Inc. lifted its holdings in shares of Donaldson by 5,118.4% during the 4th quarter. Dudley & Shanley Inc. now owns 268,750 shares of the industrial products company's stock worth $18,100,000 after acquiring an additional 263,600 shares during the period. Los Angeles Capital Management LLC acquired a new stake in shares of Donaldson during the 2nd quarter worth about $14,288,000. Jupiter Asset Management Ltd. increased its position in shares of Donaldson by 91.4% during the 2nd quarter. Jupiter Asset Management Ltd. now owns 370,756 shares of the industrial products company's stock worth $26,531,000 after purchasing an additional 177,078 shares in the last quarter. Dimensional Fund Advisors LP increased its position 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 in the last quarter. Finally, Algert Global LLC increased its position in shares of Donaldson by 1,554.0% during the 2nd quarter. Algert Global LLC now owns 146,346 shares of the industrial products company's stock worth $10,473,000 after purchasing an additional 137,498 shares in the last quarter. 82.81% of the stock is owned by institutional investors.

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.