Dudley & Shanley Inc. Has $18.10 Million Stock Position in Donaldson Company, Inc. (NYSE:DCI)

Dudley & Shanley Inc. grew its holdings in Donaldson Company, Inc. (NYSE:DCI) by 5,118.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 268,750 shares of the industrial products company’s stock after purchasing an additional 263,600 shares during the period. Donaldson makes up about 2.8% of Dudley & Shanley Inc.’s portfolio, making the stock its 19th biggest position. Dudley & Shanley Inc.’s holdings in Donaldson were worth $18,100,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. UMB Bank n.a. increased its holdings in shares of Donaldson by 359.2% during the third quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock worth $26,000 after buying an additional 273 shares in the last quarter. Capital Performance Advisors LLP bought a new position in Donaldson in the third quarter valued at about $41,000. V Square Quantitative Management LLC boosted its stake in shares of Donaldson by 52.0% during the third quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 207 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of Donaldson by 72.0% during the third quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 301 shares during the last quarter. Finally, Headlands Technologies LLC increased its stake in shares of Donaldson by 221.0% in the second quarter. Headlands Technologies LLC now owns 1,011 shares of the industrial products company’s stock valued at $72,000 after buying an additional 696 shares during the period. Institutional investors and hedge funds own 82.81% of the company’s stock.

Insiders Place Their Bets

In other news, President Thomas R. Scalf sold 4,295 shares of Donaldson stock in a transaction dated Monday, October 7th. The shares were sold at an average price of $73.33, for a total transaction of $314,952.35. Following the completion of the transaction, the president now directly owns 30,834 shares in the company, valued at $2,261,057.22. This trade represents a 12.23 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 2.70% of the company’s stock.

Donaldson Trading Up 1.3 %

NYSE DCI traded up $0.89 during trading hours on Friday, hitting $68.18. 170,686 shares of the company’s stock were exchanged, compared to its average volume of 328,406. The firm has a market cap of $8.14 billion, a price-to-earnings ratio of 19.82, a PEG ratio of 1.90 and a beta of 1.04. The stock has a 50-day simple moving average of $73.44 and a 200 day simple moving average of $72.87. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35. Donaldson Company, Inc. has a 1-year low of $61.79 and a 1-year high of $78.95.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.01. The company had revenue of $900.10 million during the quarter, compared to analyst estimates of $888.88 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. Donaldson’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.75 EPS. On average, equities analysts forecast that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were paid a $0.27 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $1.08 annualized dividend and a dividend yield of 1.58%. Donaldson’s dividend payout ratio is presently 31.40%.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Robert W. Baird upped their price target on shares of Donaldson from $81.00 to $83.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. StockNews.com raised Donaldson from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 28th. Finally, Morgan Stanley increased their price target on Donaldson from $67.00 to $68.00 and gave the company an “underweight” rating in a research note on Wednesday, December 4th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $74.00.

Donaldson Company 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.