Donaldson Company, Inc. (NYSE:DCI) Holdings Lifted by Claro Advisors LLC

Claro Advisors LLC increased its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 2.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,242 shares of the industrial products company’s stock after buying an additional 203 shares during the quarter. Claro Advisors LLC’s holdings in Donaldson were worth $755,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the business. ING Groep NV purchased a new position in shares of Donaldson during the third quarter valued at $1,142,000. Curi RMB Capital LLC grew its holdings in shares of Donaldson by 2.6% during the third quarter. Curi RMB Capital LLC now owns 11,383 shares of the industrial products company’s stock valued at $839,000 after buying an additional 285 shares in the last quarter. MQS Management LLC purchased a new position in Donaldson in the third quarter valued at about $982,000. Cumberland Partners Ltd grew its stake in Donaldson by 50.0% in the third quarter. Cumberland Partners Ltd now owns 15,000 shares of the industrial products company’s stock valued at $1,106,000 after purchasing an additional 5,000 shares in the last quarter. Finally, GSA Capital Partners LLP purchased a new position in Donaldson in the third quarter valued at about $1,274,000. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Insider Transactions at Donaldson

In related news, Director Willard D. Oberton sold 2,700 shares of the business’s stock in a transaction dated Friday, October 4th. The stock was sold at an average price of $73.37, for a total transaction of $198,099.00. Following the completion of the transaction, the director now owns 27,983 shares of the company’s stock, valued at approximately $2,053,112.71. The trade was a 8.80 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Amy C. Becker sold 14,500 shares of the business’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $72.89, for a total value of $1,056,905.00. Following the transaction, the insider now directly owns 41,368 shares of the company’s stock, valued at $3,015,313.52. This represents a 25.95 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 167,805 shares of company stock worth $12,310,222. 2.70% of the stock is owned by corporate insiders.

Donaldson Stock Performance

DCI opened at $76.40 on Monday. The company has a market cap of $9.15 billion, a PE ratio of 22.60, a price-to-earnings-growth ratio of 2.01 and a beta of 1.04. The stock has a 50-day moving average of $73.86 and a 200-day moving average of $73.25. Donaldson Company, Inc. has a 52-week low of $58.75 and a 52-week high of $78.71. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.23 and a current ratio of 1.84.

Donaldson (NYSE:DCI) last released its quarterly earnings results on Wednesday, August 28th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.06. The company had revenue of $935.40 million during the quarter, compared to the consensus estimate of $941.12 million. Donaldson had a return on equity of 29.47% and a net margin of 11.54%. As a group, equities research analysts forecast that Donaldson Company, Inc. will post 3.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages have commented on DCI. StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 28th. Stifel Nicolaus lowered their target price on Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a research note on Thursday, August 29th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, Donaldson has a consensus rating of “Hold” and a consensus price target of $69.67.

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.