Fiduciary Management Inc. WI Has $148.80 Million Stock Position in Donaldson Company, Inc. (NYSE:DCI)

Fiduciary Management Inc. WI increased its stake in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 19.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,209,279 shares of the industrial products company's stock after purchasing an additional 367,383 shares during the quarter. Fiduciary Management Inc. WI owned about 1.85% of Donaldson worth $148,795,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of DCI. Barclays PLC increased its stake in shares of Donaldson by 19.3% in the 3rd quarter. Barclays PLC now owns 83,738 shares of the industrial products company's stock valued at $6,171,000 after buying an additional 13,568 shares during the period. Sanctuary Advisors LLC increased its position in Donaldson by 33.0% in the third quarter. Sanctuary Advisors LLC now owns 19,787 shares of the industrial products company's stock worth $1,533,000 after purchasing an additional 4,908 shares during the period. Tidal Investments LLC increased its position in Donaldson by 26.9% in the third quarter. Tidal Investments LLC now owns 9,327 shares of the industrial products company's stock worth $687,000 after purchasing an additional 1,980 shares during the period. Franklin Resources Inc. lifted its position in Donaldson by 2.5% during the 3rd quarter. Franklin Resources Inc. now owns 2,981,739 shares of the industrial products company's stock valued at $220,380,000 after purchasing an additional 73,234 shares during the period. Finally, Retirement Systems of Alabama lifted its position in Donaldson by 2.8% during the 3rd quarter. Retirement Systems of Alabama now owns 304,606 shares of the industrial products company's stock valued at $22,449,000 after purchasing an additional 8,154 shares during the period. Institutional investors and hedge funds own 82.81% of the company's stock.

Insider Activity

In other Donaldson news, Director James Owens sold 18,700 shares of the company's stock in a transaction that occurred on Thursday, April 10th. The stock was sold at an average price of $62.02, for a total transaction of $1,159,774.00. Following the completion of the transaction, the director now owns 20,246 shares of the company's stock, valued at $1,255,656.92. This represents a 48.02 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, President Thomas R. Scalf sold 28,500 shares of Donaldson stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $69.22, for a total transaction of $1,972,770.00. Following the completion of the sale, the president now owns 28,334 shares in the company, valued at $1,961,279.48. This trade represents a 50.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 76,700 shares of company stock worth $5,164,799 over the last three months. Corporate insiders own 2.70% of the company's stock.

Donaldson Trading Up 2.9 %

Donaldson stock traded up $1.87 during mid-day trading on Thursday, hitting $65.71. 190,068 shares of the company's stock were exchanged, compared to its average volume of 635,573. Donaldson Company, Inc. has a fifty-two week low of $57.45 and a fifty-two week high of $78.95. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35. The firm has a market capitalization of $7.85 billion, a P/E ratio of 19.11, a PEG ratio of 1.82 and a beta of 1.01. The company's 50 day simple moving average is $66.44 and its 200-day simple moving average is $70.31.

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 business had revenue of $870.00 million for the quarter, compared to analyst estimates of $908.32 million. On average, equities analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Thursday, February 13th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 1.64%. The ex-dividend date was Thursday, February 13th. Donaldson's dividend payout ratio is 31.58%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Stifel Nicolaus dropped their price target on shares of Donaldson from $70.00 to $63.00 and set a "hold" rating for the company in a research note on Monday, April 14th. StockNews.com downgraded Donaldson from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, March 4th. One equities research analyst has rated the stock with a sell rating, two have assigned 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 an average price target of $71.33.

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.