Radnor Capital Management LLC Has $4.70 Million Holdings in Donaldson Company, Inc. (NYSE:DCI)

Radnor Capital Management LLC lifted its holdings in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 21.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 69,820 shares of the industrial products company's stock after purchasing an additional 12,315 shares during the period. Donaldson comprises 0.8% of Radnor Capital Management LLC's holdings, making the stock its 20th biggest holding. Radnor Capital Management LLC owned about 0.06% of Donaldson worth $4,702,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in DCI. Covea Finance lifted its holdings in shares of Donaldson by 37.5% during the fourth quarter. Covea Finance now owns 44,000 shares of the industrial products company's stock valued at $2,963,000 after purchasing an additional 12,000 shares during the last quarter. Oak Thistle LLC purchased a new stake in Donaldson during the fourth quarter valued at about $289,000. Signal Advisors Wealth LLC boosted its holdings in shares of Donaldson by 5.6% in the fourth quarter. Signal Advisors Wealth LLC now owns 4,709 shares of the industrial products company's stock worth $317,000 after buying an additional 249 shares during the period. Granite Bay Wealth Management LLC purchased a new position in shares of Donaldson in the fourth quarter worth approximately $943,000. Finally, Legend Financial Advisors Inc. acquired a new stake in shares of Donaldson during the fourth quarter valued at approximately $208,000. 82.81% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Trudy A. Rautio sold 14,000 shares of the firm's stock in a transaction that occurred 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 transaction, the director now owns 26,420 shares of the company's stock, valued at approximately $1,785,992. This trade represents a 34.64 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 2.70% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Robert W. Baird raised their price objective on shares of Donaldson from $81.00 to $83.00 and gave the stock an "outperform" rating in a research note on Wednesday, December 4th. Morgan Stanley raised their target price on Donaldson from $67.00 to $68.00 and gave the stock an "underweight" rating in a research report on Wednesday, December 4th. Finally, StockNews.com lowered Donaldson from a "strong-buy" rating to a "buy" rating in a research report on Monday. One research 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, Donaldson presently has a consensus rating of "Hold" and a consensus price target of $74.00.

Donaldson Stock Up 1.3 %

DCI traded up $0.89 on Wednesday, reaching $69.13. 505,626 shares of the company traded hands, compared to its average volume of 449,825. Donaldson Company, Inc. has a 52-week low of $62.77 and a 52-week high of $78.95. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.85 and a quick ratio of 1.20. The company has a market cap of $8.26 billion, a price-to-earnings ratio of 20.10, a PEG ratio of 1.89 and a beta of 1.06. The stock's 50 day moving average price is $72.35 and its 200-day moving average price is $72.62.

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

Donaldson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date of this dividend was Monday, December 9th. Donaldson's dividend payout ratio (DPR) is presently 31.40%.

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.