Donaldson Company, Inc. (NYSE:DCI) Shares Sold by Values First Advisors Inc.

Values First Advisors Inc. cut its stake in Donaldson Company, Inc. (NYSE:DCI) by 4.2% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 24,261 shares of the industrial products company’s stock after selling 1,068 shares during the period. Values First Advisors Inc.’s holdings in Donaldson were worth $1,634,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Truist Financial Corp raised its stake in shares of Donaldson by 16.4% in the second quarter. Truist Financial Corp now owns 5,697 shares of the industrial products company’s stock worth $408,000 after purchasing an additional 804 shares during the last quarter. GAMMA Investing LLC raised its position in 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 buying an additional 301 shares during the last quarter. CWM LLC lifted its stake in Donaldson by 24.6% during the 3rd quarter. CWM LLC now owns 7,483 shares of the industrial products company’s stock valued at $551,000 after acquiring an additional 1,477 shares during the period. UMB Bank n.a. boosted its holdings in shares of Donaldson by 359.2% in the 3rd 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. Finally, Creative Planning increased its stake in shares of Donaldson by 2.7% in the third quarter. Creative Planning now owns 30,017 shares of the industrial products company’s stock worth $2,212,000 after acquiring an additional 786 shares during the period. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Analyst Upgrades and Downgrades

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

Insider Activity at Donaldson

In related news, Director Trudy A. Rautio sold 14,000 shares of the company’s stock in a transaction dated Thursday, January 2nd. The shares were 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 owns 26,420 shares of the company’s stock, valued at approximately $1,785,992. This represents a 34.64 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.70% of the stock is owned by corporate insiders.

Donaldson Price Performance

Shares of NYSE DCI opened at $70.77 on Wednesday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.85. The firm has a market cap of $8.45 billion, a PE ratio of 20.57, a PEG ratio of 1.85 and a beta of 1.06. Donaldson Company, Inc. has a one year low of $65.60 and a one year high of $78.95. The firm has a fifty day moving average of $69.91 and a 200 day moving average of $72.44.

Donaldson (NYSE:DCI) last released 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. 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 in the prior year, the firm earned $0.75 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. As a group, research analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Dividend Announcement

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 given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.53%. The ex-dividend date of this dividend is Thursday, February 13th. Donaldson’s payout ratio is 31.40%.

About Donaldson

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.