Donaldson Company, Inc. (NYSE:DCI) Stock Holdings Trimmed by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC lessened its stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 86.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 26,226 shares of the industrial products company's stock after selling 173,437 shares during the quarter. Los Angeles Capital Management LLC's holdings in Donaldson were worth $1,933,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Kayne Anderson Rudnick Investment Management LLC lifted its holdings in shares of Donaldson by 1.8% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,884,187 shares of the industrial products company's stock worth $134,832,000 after acquiring an additional 32,964 shares during the last quarter. American Century Companies Inc. lifted its position in shares of Donaldson by 4.7% during the 2nd quarter. American Century Companies Inc. now owns 1,691,903 shares of the industrial products company's stock worth $121,073,000 after buying an additional 75,733 shares during the last quarter. Epoch Investment Partners Inc. boosted its stake in Donaldson by 16.6% in the first quarter. Epoch Investment Partners Inc. now owns 1,331,717 shares of the industrial products company's stock valued at $99,453,000 after acquiring an additional 190,024 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Donaldson by 13.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,310,372 shares of the industrial products company's stock valued at $93,770,000 after purchasing an additional 153,342 shares during the period. Finally, Bank of New York Mellon Corp grew its position in shares of Donaldson by 0.7% during the second quarter. Bank of New York Mellon Corp now owns 1,285,130 shares of the industrial products company's stock worth $91,964,000 after acquiring an additional 9,143 shares during the last quarter. 82.81% of the stock is owned by institutional investors and hedge funds.

Donaldson Trading Down 0.6 %

DCI traded down $0.50 during midday trading on Thursday, hitting $76.90. The company's stock had a trading volume of 404,003 shares, compared to its average volume of 486,093. The firm has a market cap of $9.21 billion, a P/E ratio of 22.90, a PEG ratio of 2.04 and a beta of 1.04. Donaldson Company, Inc. has a 52-week low of $58.75 and a 52-week high of $78.71. The company has a current ratio of 1.84, a quick ratio of 1.23 and a debt-to-equity ratio of 0.32. The firm has a 50-day moving average price of $73.60 and a two-hundred day moving average price of $73.19.

Donaldson (NYSE:DCI - Get Free Report) last issued its earnings results on Wednesday, August 28th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.88 by $0.06. Donaldson had a return on equity of 29.47% and a net margin of 11.54%. The business had revenue of $935.40 million during the quarter, compared to analysts' expectations of $941.12 million. On average, research analysts anticipate that Donaldson Company, Inc. will post 3.63 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts have recently issued reports on DCI shares. Stifel Nicolaus dropped their target price on Donaldson from $76.00 to $71.00 and set a "hold" rating on the stock in a report on Thursday, August 29th. StockNews.com upgraded shares of Donaldson from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 28th. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $69.67.

Insider Activity at Donaldson

In other Donaldson news, President Thomas R. Scalf sold 2,500 shares of the business's stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $73.16, for a total value of $182,900.00. Following the transaction, the president now owns 28,334 shares in the company, valued at $2,072,915.44. The trade was a 8.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Scott J. Robinson sold 83,600 shares of the business's stock in a transaction dated Friday, September 27th. The stock was sold at an average price of $74.04, for a total value of $6,189,744.00. Following the completion of the transaction, the chief financial officer now owns 37,702 shares in the company, valued at approximately $2,791,456.08. This trade represents a 68.92 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 167,805 shares of company stock worth $12,310,222. 2.70% of the stock is currently owned by corporate insiders.

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.