Mariner LLC Has $6.29 Million Holdings in Donaldson Company, Inc. (NYSE:DCI)

Mariner LLC increased its stake in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 6.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,397 shares of the industrial products company's stock after purchasing an additional 5,285 shares during the quarter. Mariner LLC owned approximately 0.08% of Donaldson worth $6,290,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in DCI. Barclays PLC raised its stake in Donaldson by 53.1% during the 4th quarter. Barclays PLC now owns 128,236 shares of the industrial products company's stock valued at $8,638,000 after purchasing an additional 44,498 shares during the period. Advisors Capital Management LLC grew its stake in Donaldson by 2.7% during the 4th quarter. Advisors Capital Management LLC now owns 32,853 shares of the industrial products company's stock valued at $2,213,000 after acquiring an additional 856 shares in the last quarter. Sterling Capital Management LLC increased its holdings in shares of Donaldson by 55.5% in the 4th quarter. Sterling Capital Management LLC now owns 7,117 shares of the industrial products company's stock valued at $479,000 after purchasing an additional 2,539 shares during the period. Covestor Ltd lifted its position in shares of Donaldson by 29.0% in the fourth quarter. Covestor Ltd now owns 1,697 shares of the industrial products company's stock worth $114,000 after purchasing an additional 381 shares in the last quarter. Finally, Argent Trust Co boosted its holdings in shares of Donaldson by 3.3% during the fourth quarter. Argent Trust Co now owns 4,739 shares of the industrial products company's stock worth $319,000 after purchasing an additional 152 shares during the period. 82.81% of the stock is owned by hedge funds and other institutional investors.

Donaldson Stock Performance

DCI stock traded up $1.65 on Tuesday, reaching $63.35. 516,012 shares of the company were exchanged, compared to its average volume of 574,616. The firm has a market capitalization of $7.57 billion, a PE ratio of 18.42, a PEG ratio of 1.82 and a beta of 1.01. Donaldson Company, Inc. has a 12 month low of $57.45 and a 12 month high of $78.95. The stock's fifty day moving average price is $66.54 and its 200 day moving average price is $70.35. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.85 and a quick ratio of 1.20.

Donaldson (NYSE:DCI - Get Free Report) last announced its quarterly earnings data 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 net margin of 11.56% and a return on equity of 29.07%. The company had revenue of $870.00 million for the quarter, compared to analyst estimates of $908.32 million. On average, research analysts anticipate that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 13th were paid a $0.27 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.08 annualized dividend and a dividend yield of 1.70%. Donaldson's dividend payout ratio is currently 31.58%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. Stifel Nicolaus decreased their price target on 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 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 assigned a hold rating and two have given a buy rating to the company. According to data from MarketBeat, Donaldson presently has an average rating of "Hold" and a consensus price target of $71.33.

Insider Transactions at Donaldson

In other Donaldson news, Director James Owens sold 18,700 shares of the business's stock in a transaction dated 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 approximately $1,255,656.92. The trade was a 48.02 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Thomas R. Scalf sold 28,500 shares of Donaldson stock in a transaction on Monday, March 17th. The shares were sold at an average price of $69.22, for a total value of $1,972,770.00. Following the completion of the sale, the president now directly owns 28,334 shares of the company's stock, 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. In the last ninety days, insiders sold 76,700 shares of company stock valued at $5,164,799. Corporate insiders own 2.70% of the company's stock.

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.