XTX Topco Ltd Raises Stock Holdings in Donaldson Company, Inc. (NYSE:DCI)

XTX Topco Ltd increased its holdings in shares of Donaldson Company, Inc. (NYSE:DCI - Free Report) by 180.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,071 shares of the industrial products company's stock after purchasing an additional 9,696 shares during the quarter. XTX Topco Ltd's holdings in Donaldson were worth $1,111,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in DCI. CWM LLC grew its position in shares of Donaldson by 66.5% during the second quarter. CWM LLC now owns 6,006 shares of the industrial products company's stock worth $430,000 after purchasing an additional 2,399 shares in the last quarter. Blue Trust Inc. boosted its stake in Donaldson by 47.0% during the second quarter. Blue Trust Inc. now owns 2,282 shares of the industrial products company's stock valued at $170,000 after buying an additional 730 shares during the last quarter. Neo Ivy Capital Management bought a new position in Donaldson during the second quarter valued at approximately $2,899,000. Fifth Third Wealth Advisors LLC bought a new position in Donaldson during the second quarter valued at approximately $264,000. Finally, Lecap Asset Management Ltd. boosted its stake in Donaldson by 72.5% during the second quarter. Lecap Asset Management Ltd. now owns 19,130 shares of the industrial products company's stock valued at $1,369,000 after buying an additional 8,041 shares during the last quarter. Hedge funds and other institutional investors own 82.81% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on DCI. StockNews.com raised Donaldson from a "buy" rating to a "strong-buy" rating in a research note on Saturday, September 28th. Robert W. Baird increased their price target on Donaldson from $81.00 to $83.00 and gave the company an "outperform" rating in a research note on Wednesday, December 4th. Stifel Nicolaus lowered their price objective on Donaldson from $76.00 to $71.00 and set a "hold" rating for the company in a research note on Thursday, August 29th. Finally, Morgan Stanley raised their price objective on Donaldson from $67.00 to $68.00 and gave the company an "underweight" rating in a research note on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $74.00.

Donaldson Price Performance

DCI remained flat at $72.56 during trading hours on Tuesday. The company had a trading volume of 1,142,893 shares, compared to its average volume of 503,546. The company's 50-day moving average price is $75.07 and its 200-day moving average price is $73.38. Donaldson Company, Inc. has a one year low of $61.39 and a one year high of $78.95. 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 firm has a market capitalization of $8.69 billion, a price-to-earnings ratio of 21.09, a PEG ratio of 1.91 and a beta of 1.04.

Donaldson (NYSE:DCI - Get Free Report) last issued its earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.01. The business had revenue of $900.10 million during the quarter, compared to analyst estimates of $888.88 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. Donaldson's revenue was up 6.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.75 EPS. Equities analysts predict that Donaldson Company, Inc. will post 3.63 EPS for the current fiscal year.

Donaldson Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 23rd. Investors of record on Monday, December 9th will be given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.49%. The ex-dividend date is Monday, December 9th. Donaldson's dividend payout ratio is currently 31.40%.

Insider Activity at Donaldson

In other Donaldson news, Director James Owens sold 5,210 shares of the business's stock in a transaction dated Wednesday, September 18th. The stock was sold at an average price of $71.74, for a total transaction of $373,765.40. Following the sale, the director now owns 17,788 shares in the company, valued at approximately $1,276,111.12. The trade was a 22.65 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Amy C. Becker sold 14,500 shares of the company's stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $72.89, for a total value of $1,056,905.00. Following the completion of the sale, the insider now owns 41,368 shares in the company, valued at $3,015,313.52. The trade was a 25.95 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 167,805 shares of company stock valued at $12,310,222 in the last ninety days. 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.