Capital Fund Management S.A. Purchases 5,352 Shares of Donaldson Company, Inc. (NYSE:DCI)

Capital Fund Management S.A. boosted its holdings in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 28.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 24,096 shares of the industrial products company's stock after purchasing an additional 5,352 shares during the quarter. Capital Fund Management S.A.'s holdings in Donaldson were worth $1,623,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Smartleaf Asset Management LLC boosted its holdings in shares of Donaldson by 43.2% in the 4th quarter. Smartleaf Asset Management LLC now owns 597 shares of the industrial products company's stock valued at $40,000 after purchasing an additional 180 shares during the last quarter. Venturi Wealth Management LLC increased its stake in Donaldson by 89.6% during the fourth quarter. Venturi Wealth Management LLC now owns 781 shares of the industrial products company's stock worth $53,000 after acquiring an additional 369 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Donaldson by 28.7% in the 4th quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company's stock valued at $62,000 after purchasing an additional 206 shares in the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Donaldson by 45.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,137 shares of the industrial products company's stock worth $77,000 after purchasing an additional 353 shares during the period. Finally, National Bank of Canada FI raised its holdings in shares of Donaldson by 61.9% during the 4th quarter. National Bank of Canada FI now owns 1,206 shares of the industrial products company's stock valued at $81,000 after buying an additional 461 shares during the period. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, President Thomas R. Scalf sold 29,500 shares of Donaldson stock in a transaction on Friday, February 28th. The stock was sold at an average price of $68.89, for a total transaction of $2,032,255.00. Following the transaction, the president now owns 28,334 shares in the company, valued at approximately $1,951,929.26. The trade was a 51.01 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director James Owens sold 18,700 shares of Donaldson stock in a transaction dated Thursday, April 10th. The shares were sold at an average price of $62.02, for a total value of $1,159,774.00. Following the transaction, the director now directly owns 20,246 shares in the company, valued at approximately $1,255,656.92. This trade represents a 48.02 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 76,700 shares of company stock worth $5,164,799. 2.70% of the stock is owned by corporate insiders.

Donaldson Stock Performance

Shares of NYSE:DCI traded up $0.31 during trading hours on Friday, hitting $62.76. The stock had a trading volume of 492,334 shares, compared to its average volume of 574,568. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $78.95. The firm has a market capitalization of $7.50 billion, a price-to-earnings ratio of 18.24, a PEG ratio of 1.82 and a beta of 1.01. The stock's fifty day simple moving average is $66.83 and its 200 day simple moving average is $70.52. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.85.

Donaldson (NYSE:DCI - Get Free Report) last released its quarterly earnings results on Thursday, February 27th. The industrial products company reported $0.83 EPS for the quarter, missing analysts' consensus estimates of $0.85 by ($0.02). Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The company had revenue of $870.00 million for the quarter, compared to the consensus estimate of $908.32 million. Sell-side analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date was Thursday, February 13th. Donaldson's payout ratio is currently 31.58%.

Wall Street Analysts Forecast Growth

DCI has been the subject of a number of recent research reports. Stifel Nicolaus lowered their price objective on shares of Donaldson from $70.00 to $63.00 and set a "hold" rating for the company in a research report on Monday, April 14th. StockNews.com lowered Donaldson from a "strong-buy" rating to a "buy" rating in a report on Tuesday, March 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $71.33.

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.