Donaldson Company, Inc. (NYSE:DCI) Shares Purchased by Radnor Capital Management LLC

Radnor Capital Management LLC boosted its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 21.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,820 shares of the industrial products company’s stock after purchasing an additional 12,315 shares during the period. Donaldson makes up 0.8% of Radnor Capital Management LLC’s holdings, making the stock its 20th biggest holding. Radnor Capital Management LLC owned 0.06% of Donaldson worth $4,702,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. UMB Bank n.a. lifted its holdings in Donaldson by 359.2% in the third quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock valued at $26,000 after acquiring an additional 273 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in shares of Donaldson in the 3rd quarter valued at $41,000. V Square Quantitative Management LLC grew its holdings in shares of Donaldson by 52.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 207 shares during the period. GAMMA Investing LLC increased its position in shares of Donaldson by 72.0% during the 3rd 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 lifted its position in 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 last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on DCI shares. Robert W. Baird boosted their price target on shares of Donaldson from $81.00 to $83.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Morgan Stanley increased their target price on Donaldson from $67.00 to $68.00 and gave the stock an “underweight” rating in a research note on Wednesday, December 4th. Finally, StockNews.com downgraded Donaldson from a “strong-buy” rating to a “buy” rating in a research report on Monday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. Based on data from MarketBeat.com, Donaldson presently has an average rating of “Hold” and an average price target of $74.00.

Insider Buying and Selling

In other Donaldson news, Director Trudy A. Rautio sold 14,000 shares of Donaldson stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $67.60, for a total transaction of $946,400.00. Following the completion of the sale, the director now directly owns 26,420 shares of the company’s stock, valued at $1,785,992. The trade was a 34.64 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 2.70% of the company’s stock.

Donaldson Stock Performance

NYSE:DCI opened at $68.27 on Wednesday. The company has a market cap of $8.15 billion, a price-to-earnings ratio of 19.85, a price-to-earnings-growth ratio of 1.89 and a beta of 1.06. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35. Donaldson Company, Inc. has a 52 week low of $62.77 and a 52 week high of $78.95. The company has a fifty day simple moving average of $72.50 and a two-hundred day simple moving average of $72.64.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.82 by $0.01. The company had revenue of $900.10 million for the quarter, compared to the consensus estimate 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 quarter in the prior year, the business earned $0.75 EPS. As a group, equities analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current fiscal year.

Donaldson Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were given a dividend of $0.27 per share. 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 (DPR) is currently 31.40%.

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.