Brown Advisory Inc. Sells 1,539 Shares of Donaldson Company, Inc. (NYSE:DCI)

Brown Advisory Inc. lowered its stake in Donaldson Company, Inc. (NYSE:DCI) by 3.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 43,153 shares of the industrial products company’s stock after selling 1,539 shares during the period. Brown Advisory Inc.’s holdings in Donaldson were worth $2,820,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently modified their holdings of the stock. Catalyst Capital Advisors LLC acquired a new stake in Donaldson in the third quarter valued at about $27,000. Fortitude Family Office LLC bought a new position in shares of Donaldson during the fourth quarter worth about $27,000. Lindbrook Capital LLC raised its position in shares of Donaldson by 58.2% during the fourth quarter. Lindbrook Capital LLC now owns 473 shares of the industrial products company’s stock worth $31,000 after acquiring an additional 174 shares during the last quarter. Blue Trust Inc. increased its holdings in Donaldson by 65.5% in the fourth quarter. Blue Trust Inc. now owns 753 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 298 shares in the last quarter. Finally, Signaturefd LLC increased its holdings in Donaldson by 28.2% in the third quarter. Signaturefd LLC now owns 783 shares of the industrial products company’s stock worth $47,000 after purchasing an additional 172 shares in the last quarter. Institutional investors own 82.81% of the company’s stock.

Insider Transactions at Donaldson

In other news, President Thomas R. Scalf sold 7,680 shares of the company’s stock in a transaction that occurred on Friday, March 1st. The stock was sold at an average price of $71.09, for a total transaction of $545,971.20. Following the transaction, the president now directly owns 34,334 shares of the company’s stock, valued at $2,440,804.06. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, insider Sheila G. Kramer sold 45,500 shares of the company’s stock in a transaction on Friday, March 15th. The stock was sold at an average price of $73.52, for a total transaction of $3,345,160.00. Following the completion of the sale, the insider now owns 23,171 shares in the company, valued at $1,703,531.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, President Thomas R. Scalf sold 7,680 shares of the company’s stock in a transaction on Friday, March 1st. The stock was sold at an average price of $71.09, for a total value of $545,971.20. Following the sale, the president now owns 34,334 shares of the company’s stock, valued at approximately $2,440,804.06. The disclosure for this sale can be found here. Insiders have sold 79,407 shares of company stock valued at $5,817,942 over the last ninety days. 2.58% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on DCI shares. Robert W. Baird lifted their target price on Donaldson from $76.00 to $80.00 and gave the stock an “outperform” rating in a report on Thursday, April 11th. StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a report on Thursday, March 7th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $67.50.

Donaldson Price Performance

Shares of NYSE:DCI opened at $74.94 on Thursday. The company has a quick ratio of 0.99, a current ratio of 1.47 and a debt-to-equity ratio of 0.26. Donaldson Company, Inc. has a twelve month low of $57.05 and a twelve month high of $75.98. The stock’s 50 day moving average is $73.79 and its 200-day moving average is $67.85. The firm has a market capitalization of $9.02 billion, a price-to-earnings ratio of 24.41, a PEG ratio of 2.18 and a beta of 1.09.

Donaldson (NYSE:DCI) last issued its earnings results on Wednesday, February 28th. The industrial products company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.07. Donaldson had a return on equity of 28.52% and a net margin of 10.82%. The company had revenue of $876.70 million for the quarter, compared to analyst estimates of $874.34 million. During the same period in the prior year, the firm earned $0.75 earnings per share. Donaldson’s revenue for the quarter was up 5.8% on a year-over-year basis. Sell-side analysts forecast that Donaldson Company, Inc. will post 3.28 EPS for the current fiscal year.

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.