Global Retirement Partners LLC Has $121,000 Position in Donaldson Company, Inc. (NYSE:DCI)

Global Retirement Partners LLC lessened its holdings in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 80.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,803 shares of the industrial products company's stock after selling 7,644 shares during the quarter. Global Retirement Partners LLC's holdings in Donaldson were worth $121,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of DCI. Capital Performance Advisors LLP acquired a new position in Donaldson during the third quarter worth approximately $41,000. Venturi Wealth Management LLC increased its position 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 buying an additional 369 shares during the last quarter. GAMMA Investing LLC increased its position in Donaldson by 28.7% during the fourth quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company's stock worth $62,000 after buying an additional 206 shares during the last quarter. Kentucky Trust Co acquired a new position in shares of Donaldson in the fourth quarter valued at approximately $105,000. Finally, Point72 Asia Singapore Pte. Ltd. grew its position in shares of Donaldson by 38.2% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,066 shares of the industrial products company's stock valued at $152,000 after purchasing an additional 571 shares during the last quarter. Institutional investors and hedge funds own 82.81% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities analysts have recently commented on DCI shares. Robert W. Baird upped their target price on Donaldson from $81.00 to $83.00 and gave the company an "outperform" rating in a research report on Wednesday, December 4th. Morgan Stanley increased their price target 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 raised Donaldson from a "buy" rating to a "strong-buy" rating in a research report on Monday, February 24th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $74.00.

Insider Activity

In related news, Director Trudy A. Rautio sold 14,000 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $67.60, for a total value of $946,400.00. Following the completion of the sale, the director now directly owns 26,420 shares in the company, valued at $1,785,992. This represents a 34.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, President Thomas R. Scalf sold 29,500 shares of the stock in a transaction on Friday, February 28th. The shares were sold at an average price of $68.89, for a total value of $2,032,255.00. Following the completion of the sale, 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. 2.70% of the stock is owned by corporate insiders.

Donaldson Price Performance

NYSE DCI traded down $0.14 on Monday, hitting $68.95. 899,626 shares of the company's stock were exchanged, compared to its average volume of 509,520. The stock has a 50-day moving average of $69.29 and a 200-day moving average of $72.12. 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 Company, Inc. has a 52 week low of $65.10 and a 52 week high of $78.95. The stock has a market cap of $8.23 billion, a price-to-earnings ratio of 20.03, a P/E/G ratio of 1.82 and a beta of 1.06.

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 for the quarter, missing the consensus estimate of $0.85 by ($0.02). Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The business had revenue of $870.00 million for the quarter, compared to the consensus estimate of $908.32 million. Analysts expect that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 13th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.57%. The ex-dividend date was Thursday, February 13th. Donaldson's payout ratio is 31.58%.

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.