Fort L.P. Takes Position in Donaldson Company, Inc. (DCI)

Fort L.P. purchased a new position in shares of Donaldson Company, Inc. (NYSE:DCI) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,506 shares of the industrial products company’s stock, valued at approximately $369,000.

Several other institutional investors and hedge funds have also modified their holdings of DCI. California State Teachers Retirement System boosted its holdings in shares of Donaldson by 0.7% in the 4th quarter. California State Teachers Retirement System now owns 204,872 shares of the industrial products company’s stock valued at $8,889,000 after buying an additional 1,345 shares during the last quarter. Stifel Financial Corp boosted its holdings in shares of Donaldson by 6.8% in the 4th quarter. Stifel Financial Corp now owns 53,439 shares of the industrial products company’s stock valued at $2,325,000 after buying an additional 3,420 shares during the last quarter. Granite Investment Partners LLC boosted its holdings in shares of Donaldson by 98.7% in the 4th quarter. Granite Investment Partners LLC now owns 35,703 shares of the industrial products company’s stock valued at $1,549,000 after buying an additional 17,733 shares during the last quarter. Gideon Capital Advisors Inc. acquired a new stake in shares of Donaldson in the 4th quarter valued at approximately $379,000. Finally, Prudential PLC acquired a new stake in Donaldson during the 4th quarter valued at $244,000. 79.18% of the stock is owned by institutional investors.

Shares of Donaldson stock opened at $48.73 on Friday. Donaldson Company, Inc. has a 1 year low of $40.27 and a 1 year high of $59.43. The firm has a market cap of $6.25 billion, a price-to-earnings ratio of 24.37, a price-to-earnings-growth ratio of 1.94 and a beta of 1.44. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.35 and a quick ratio of 1.61.



Donaldson (NYSE:DCI) last announced its quarterly earnings results on Wednesday, March 6th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.04). The business had revenue of $703.70 million for the quarter, compared to analyst estimates of $719.40 million. Donaldson had a net margin of 10.82% and a return on equity of 32.75%. The company’s revenue for the quarter was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $0.43 EPS. On average, sell-side analysts forecast that Donaldson Company, Inc. will post 2.33 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, February 28th. Shareholders of record on Monday, February 11th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 1.56%. The ex-dividend date of this dividend was Friday, February 8th. Donaldson’s payout ratio is 38.00%.

Several equities research analysts have issued reports on DCI shares. SunTrust Banks reaffirmed a “hold” rating and set a $56.00 price target on shares of Donaldson in a report on Thursday, December 6th. Stifel Nicolaus reaffirmed a “hold” rating and set a $53.00 price target on shares of Donaldson in a report on Thursday, December 6th. ValuEngine downgraded Donaldson from a “buy” rating to a “hold” rating in a report on Tuesday, December 18th. Robert W. Baird reaffirmed a “hold” rating and set a $52.00 price target on shares of Donaldson in a report on Friday, December 21st. Finally, Oppenheimer reaffirmed a “hold” rating on shares of Donaldson in a report on Tuesday, December 4th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the company’s stock. Donaldson presently has a consensus rating of “Hold” and an average target price of $55.25.

In other news, Director Douglas A. Milroy acquired 560 shares of the stock in a transaction on Wednesday, March 13th. The shares were purchased at an average price of $49.05 per share, for a total transaction of $27,468.00. Following the transaction, the director now directly owns 4,449 shares of the company’s stock, valued at $218,223.45. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 1.35% of the stock is owned by company insiders.

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About Donaldson

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. It operates through Engine Products and Industrial Products segments. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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