Donaldson Company, Inc. (NYSE:DCI) Shares Sold by Boston Private Wealth LLC

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Boston Private Wealth LLC trimmed its holdings in Donaldson Company, Inc. (NYSE:DCI) by 9.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,280 shares of the industrial products company’s stock after selling 1,000 shares during the quarter. Boston Private Wealth LLC’s holdings in Donaldson were worth $483,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. BlackRock Inc. lifted its stake in Donaldson by 0.5% during the second quarter. BlackRock Inc. now owns 11,620,055 shares of the industrial products company’s stock valued at $590,997,000 after buying an additional 57,291 shares in the last quarter. Janus Henderson Group PLC lifted its stake in Donaldson by 7.2% during the second quarter. Janus Henderson Group PLC now owns 4,420,603 shares of the industrial products company’s stock valued at $224,832,000 after buying an additional 296,782 shares in the last quarter. Atlanta Capital Management Co. L L C lifted its stake in Donaldson by 0.5% during the second quarter. Atlanta Capital Management Co. L L C now owns 2,676,746 shares of the industrial products company’s stock valued at $136,139,000 after buying an additional 12,673 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC lifted its stake in Donaldson by 4.0% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 2,246,817 shares of the industrial products company’s stock valued at $114,273,000 after buying an additional 85,427 shares in the last quarter. Finally, Boston Trust Walden Corp lifted its stake in Donaldson by 1.8% during the third quarter. Boston Trust Walden Corp now owns 1,999,028 shares of the industrial products company’s stock valued at $104,109,000 after buying an additional 35,793 shares in the last quarter. 81.24% of the stock is owned by institutional investors.

A number of research firms have commented on DCI. Stifel Nicolaus set a $50.00 price objective on shares of Donaldson and gave the company a “hold” rating in a research note on Friday, September 6th. ValuEngine raised shares of Donaldson from a “hold” rating to a “buy” rating in a research note on Friday, November 1st. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Donaldson presently has an average rating of “Hold” and a consensus target price of $52.25.

Shares of DCI opened at $55.95 on Friday. The company has a market capitalization of $7.04 billion, a price-to-earnings ratio of 25.32, a P/E/G ratio of 2.26 and a beta of 1.42. Donaldson Company, Inc. has a fifty-two week low of $40.27 and a fifty-two week high of $57.31. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.32 and a quick ratio of 1.64. The business’s 50-day moving average is $52.32 and its 200-day moving average is $50.36.

Donaldson (NYSE:DCI) last issued its earnings results on Thursday, September 5th. The industrial products company reported $0.61 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.01. The company had revenue of $726.90 million for the quarter, compared to the consensus estimate of $725.32 million. Donaldson had a return on equity of 32.29% and a net margin of 9.39%. The firm’s quarterly revenue was up .3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.58 EPS. Equities research analysts expect that Donaldson Company, Inc. will post 2.28 earnings per share for the current fiscal year.

Donaldson Company Profile

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.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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