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

Radnor Capital Management LLC increased its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 21.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 69,820 shares of the industrial products company’s stock after acquiring an additional 12,315 shares during the quarter. Donaldson comprises approximately 0.8% of Radnor Capital Management LLC’s portfolio, making the stock its 20th largest holding. Radnor Capital Management LLC’s holdings in Donaldson were worth $4,702,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Victory Capital Management Inc. increased its position in shares of Donaldson by 8.5% during the second quarter. Victory Capital Management Inc. now owns 32,646 shares of the industrial products company’s stock worth $2,336,000 after purchasing an additional 2,569 shares in the last quarter. Headlands Technologies LLC increased its position in Donaldson by 221.0% during the second quarter. Headlands Technologies LLC now owns 1,011 shares of the industrial products company’s stock worth $72,000 after buying an additional 696 shares during the period. DekaBank Deutsche Girozentrale lifted its stake in Donaldson by 0.4% in the second quarter. DekaBank Deutsche Girozentrale now owns 162,553 shares of the industrial products company’s stock valued at $11,586,000 after buying an additional 674 shares during the last quarter. Federated Hermes Inc. boosted its holdings in shares of Donaldson by 13.2% in the second quarter. Federated Hermes Inc. now owns 14,787 shares of the industrial products company’s stock valued at $1,058,000 after acquiring an additional 1,729 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in shares of Donaldson by 4.4% during the second quarter. Envestnet Asset Management Inc. now owns 123,025 shares of the industrial products company’s stock worth $8,804,000 after acquiring an additional 5,129 shares during the last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently commented on DCI. StockNews.com downgraded shares of Donaldson from a “strong-buy” rating to a “buy” rating in a research report on Monday. Morgan Stanley boosted their price target on 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 price objective on Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 4th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $74.00.

Donaldson Stock Up 1.9 %

Shares of NYSE:DCI opened at $68.27 on Wednesday. Donaldson Company, Inc. has a fifty-two week low of $62.77 and a fifty-two week high of $78.95. The firm’s 50-day simple moving average is $72.50 and its 200-day simple moving average is $72.64. The company has a market cap of $8.15 billion, a price-to-earnings ratio of 19.85, a PEG 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 (NYSE:DCI) last released its quarterly earnings data on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.82 by $0.01. The firm had revenue of $900.10 million during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.75 earnings per share. As a group, equities research analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Shareholders 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 yield of 1.58%. Donaldson’s payout ratio is currently 31.40%.

Insider Buying and Selling at Donaldson

In related news, Director Trudy A. Rautio sold 14,000 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $67.60, for a total value of $946,400.00. Following the completion of the transaction, the director now directly owns 26,420 shares of the company’s stock, valued at $1,785,992. This trade represents a 34.64 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 2.70% of the stock is currently owned by corporate insiders.

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.