Pacer Advisors Inc. Sells 6,250 Shares of Donaldson Company, Inc. (NYSE:DCI)

Pacer Advisors Inc. trimmed its position in Donaldson Company, Inc. (NYSE:DCI - Free Report) by 19.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,542 shares of the industrial products company's stock after selling 6,250 shares during the quarter. Pacer Advisors Inc.'s holdings in Donaldson were worth $1,788,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Claro Advisors LLC raised its position in Donaldson by 2.0% during the third quarter. Claro Advisors LLC now owns 10,242 shares of the industrial products company's stock valued at $755,000 after acquiring an additional 203 shares in the last quarter. GAMMA Investing LLC increased its holdings 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. V Square Quantitative Management LLC boosted its stake in shares of Donaldson by 52.0% in the third quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company's stock valued at $45,000 after buying an additional 207 shares during the period. Hancock Whitney Corp raised its position in Donaldson by 1.2% in the third quarter. Hancock Whitney Corp now owns 18,960 shares of the industrial products company's stock valued at $1,397,000 after purchasing an additional 219 shares during the last quarter. Finally, Signal Advisors Wealth LLC increased its position in shares of Donaldson by 5.6% during 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. Institutional investors own 82.81% of the company's stock.

Insider Buying and Selling

In other Donaldson news, Director Trudy A. Rautio sold 14,000 shares of the stock in a transaction that occurred on Thursday, January 2nd. The stock was 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 $1,785,992. This trade represents a 34.64 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 2.70% of the stock is currently owned by company insiders.

Donaldson Stock Performance

Shares of DCI traded up $0.26 on Wednesday, reaching $70.21. 317,317 shares of the stock traded hands, compared to its average volume of 493,601. 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 stock's 50-day moving average price is $70.40 and its 200-day moving average price is $72.52. Donaldson Company, Inc. has a 12 month low of $65.60 and a 12 month high of $78.95. The firm has a market cap of $8.39 billion, a price-to-earnings ratio of 20.41, a P/E/G ratio of 1.86 and a beta of 1.06.

Donaldson (NYSE:DCI - Get Free Report) last released its quarterly earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share (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 firm had revenue of $900.10 million during the quarter, compared to the consensus estimate of $888.88 million. During the same quarter last year, the firm earned $0.75 earnings per share. The company's revenue for the quarter was up 6.4% on a year-over-year basis. Equities analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Thursday, February 13th will be issued a $0.27 dividend. The ex-dividend date is Thursday, February 13th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.54%. Donaldson's payout ratio is 31.40%.

Analyst Ratings Changes

Several equities research analysts have issued reports on DCI shares. StockNews.com downgraded Donaldson from a "strong-buy" rating to a "buy" rating in a research report on Friday, January 31st. Morgan Stanley boosted 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, Robert W. Baird lifted their price target on Donaldson from $81.00 to $83.00 and gave the company an "outperform" rating in a report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $74.00.

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.