Barclays PLC Sells 29,850 Shares of Donaldson Company, Inc. (NYSE:DCI)

Barclays PLC trimmed its stake in Donaldson Company, Inc. (NYSE:DCIFree Report) by 27.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 78,036 shares of the industrial products company’s stock after selling 29,850 shares during the period. Barclays PLC owned 0.06% of Donaldson worth $4,652,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of DCI. Signaturefd LLC boosted 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 acquiring an additional 172 shares in the last quarter. Janiczek Wealth Management LLC lifted its holdings in shares of Donaldson by 11.1% during the 3rd quarter. Janiczek Wealth Management LLC now owns 1,731 shares of the industrial products company’s stock valued at $103,000 after buying an additional 173 shares during the period. D.A. Davidson & CO. grew its stake in shares of Donaldson by 1.9% during the 2nd quarter. D.A. Davidson & CO. now owns 9,623 shares of the industrial products company’s stock valued at $602,000 after purchasing an additional 177 shares during the period. Captrust Financial Advisors increased its holdings in Donaldson by 7.1% during the second quarter. Captrust Financial Advisors now owns 2,803 shares of the industrial products company’s stock valued at $135,000 after buying an additional 185 shares during the last quarter. Finally, Pathstone Family Office LLC increased its stake in shares of Donaldson by 1.9% in the 3rd quarter. Pathstone Family Office LLC now owns 10,355 shares of the industrial products company’s stock worth $508,000 after purchasing an additional 192 shares in the last quarter. 80.35% of the stock is owned by institutional investors.

Donaldson Trading Up 0.9 %

Shares of DCI stock opened at $67.37 on Friday. The company has a market cap of $8.09 billion, a PE ratio of 22.76, a price-to-earnings-growth ratio of 1.99 and a beta of 1.09. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.49 and a quick ratio of 1.00. The stock’s 50 day simple moving average is $64.36 and its two-hundred day simple moving average is $62.04. Donaldson Company, Inc. has a 1 year low of $57.05 and a 1 year high of $67.54.

Donaldson (NYSE:DCIGet Free Report) last issued its quarterly earnings results on Wednesday, November 29th. The industrial products company reported $0.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.72 by $0.03. Donaldson had a return on equity of 29.08% and a net margin of 10.60%. The company had revenue of $846.30 million during the quarter, compared to the consensus estimate of $857.91 million. During the same period last year, the company earned $0.75 earnings per share. Donaldson’s revenue was down .1% on a year-over-year basis. Research analysts predict that Donaldson Company, Inc. will post 3.2 earnings per share for the current year.

Donaldson Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, February 28th. Stockholders of record on Monday, February 12th will be paid a dividend of $0.25 per share. The ex-dividend date is Friday, February 9th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 1.48%. Donaldson’s dividend payout ratio is 33.78%.

Insider Transactions at Donaldson

In related news, Director Ajita G. Rajendra sold 11,400 shares of the business’s stock in a transaction on Monday, December 11th. The stock was sold at an average price of $62.24, for a total transaction of $709,536.00. Following the completion of the transaction, the director now owns 40,545 shares in the company, valued at approximately $2,523,520.80. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In other news, President Guillermo Briseno sold 2,737 shares of the firm’s stock in a transaction on Wednesday, December 6th. The stock was sold at an average price of $61.50, for a total transaction of $168,325.50. Following the transaction, the president now owns 16,170 shares in the company, valued at $994,455. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Ajita G. Rajendra sold 11,400 shares of the firm’s stock in a transaction dated Monday, December 11th. The shares were sold at an average price of $62.24, for a total transaction of $709,536.00. Following the transaction, the director now directly owns 40,545 shares in the company, valued at approximately $2,523,520.80. The disclosure for this sale can be found here. Over the last three months, insiders have sold 19,137 shares of company stock worth $1,202,812. 2.58% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on DCI shares. Morgan Stanley assumed coverage on shares of Donaldson in a report on Monday, January 8th. They issued an “underweight” rating and a $59.00 target price for the company. StockNews.com raised Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Monday, February 5th. Finally, Stifel Nicolaus upped their price target on shares of Donaldson from $64.00 to $65.00 and gave the company a “hold” rating in a research note on Thursday, November 30th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $64.75.

View Our Latest Research Report on Donaldson

Donaldson Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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