Epoch Investment Partners Inc. Purchases 30,433 Shares of Donaldson Company, Inc. (NYSE:DCI)

Epoch Investment Partners Inc. raised its holdings in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 2.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,206,977 shares of the industrial products company's stock after purchasing an additional 30,433 shares during the period. Epoch Investment Partners Inc. owned about 1.01% of Donaldson worth $81,290,000 as of its most recent SEC filing.

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

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Stifel Nicolaus cut 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 cut shares of Donaldson from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $71.33.

Insider Activity

In other Donaldson news, Director James Owens sold 18,700 shares of the firm's stock in a transaction on 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 completion of the transaction, the director now directly owns 20,246 shares of the company's stock, valued at $1,255,656.92. This trade represents a 48.02 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, President Thomas R. Scalf sold 29,500 shares of the company's 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. The trade was a 51.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 76,700 shares of company stock worth $5,164,799 over the last quarter. 2.70% of the stock is currently owned by corporate insiders.

Donaldson Stock Performance

Shares of NYSE:DCI traded up $1.72 on Thursday, hitting $65.56. The company had a trading volume of 227,668 shares, compared to its average volume of 573,002. The stock has a 50 day moving average price of $66.44 and a 200 day moving average price of $70.31. The stock has a market cap of $7.84 billion, a price-to-earnings ratio of 19.08, a P/E/G ratio of 1.82 and a beta of 1.01. Donaldson Company, Inc. has a 1-year low of $57.45 and a 1-year high of $78.95. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35.

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

Donaldson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.65%. The ex-dividend date of this dividend was Thursday, February 13th. Donaldson's dividend payout ratio (DPR) is currently 31.58%.

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.