M. Kraus & Co Has $2.15 Million Stake in Donaldson Company, Inc. (NYSE:DCI)

M. Kraus & Co decreased its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 16.2% in the third quarter, Holdings Channel reports. The fund owned 41,363 shares of the industrial products company’s stock after selling 7,990 shares during the period. Donaldson accounts for 1.2% of M. Kraus & Co’s investment portfolio, making the stock its 26th biggest holding. M. Kraus & Co’s holdings in Donaldson were worth $2,154,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Wells Fargo & Company MN lifted its position in Donaldson by 3.7% during the 1st quarter. Wells Fargo & Company MN now owns 737,765 shares of the industrial products company’s stock worth $36,932,000 after acquiring an additional 26,457 shares during the last quarter. Meeder Asset Management Inc. acquired a new position in Donaldson during the 2nd quarter worth $66,000. Victory Capital Management Inc. lifted its position in Donaldson by 1.7% during the 2nd quarter. Victory Capital Management Inc. now owns 65,124 shares of the industrial products company’s stock worth $3,312,000 after acquiring an additional 1,063 shares during the last quarter. TD Asset Management Inc. lifted its position in Donaldson by 5.8% during the 2nd quarter. TD Asset Management Inc. now owns 58,581 shares of the industrial products company’s stock worth $2,979,000 after acquiring an additional 3,190 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its position in Donaldson by 42.4% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 63,378 shares of the industrial products company’s stock worth $3,224,000 after acquiring an additional 18,860 shares during the last quarter. 81.58% of the stock is owned by hedge funds and other institutional investors.

Shares of NYSE:DCI traded up $0.53 on Thursday, hitting $50.63. 190,552 shares of the company were exchanged, compared to its average volume of 460,512. The company’s 50 day moving average price is $50.14 and its two-hundred day moving average price is $50.10. Donaldson Company, Inc. has a one year low of $40.27 and a one year high of $57.31. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.64 and a current ratio of 2.32. The firm has a market capitalization of $6.39 billion, a price-to-earnings ratio of 22.91, a PEG ratio of 2.05 and a beta of 1.42.



Donaldson (NYSE:DCI) last posted its quarterly earnings data on Thursday, September 5th. The industrial products company reported $0.61 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.60 by $0.01. Donaldson had a net margin of 9.39% and a return on equity of 32.29%. The company had revenue of $726.90 million for the quarter, compared to the consensus estimate of $725.32 million. During the same quarter in the previous year, the firm posted $0.58 EPS. The business’s revenue was up .3% compared to the same quarter last year. Research analysts predict that Donaldson Company, Inc. will post 2.28 earnings per share for the current year.

Separately, Stifel Nicolaus set a $50.00 price objective on shares of Donaldson and gave the stock a “hold” rating in a report on Friday, September 6th. Six investment analysts have rated the stock with a hold rating, The company currently has a consensus rating of “Hold” and an average target price of $52.25.

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.

Further Reading: What is a short straddle?

Want to see what other hedge funds are holding DCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Donaldson Company, Inc. (NYSE:DCI).

Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

Receive News & Ratings for Donaldson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donaldson and related companies with MarketBeat.com's FREE daily email newsletter.