Insider Selling: Donaldson Company, Inc. (NYSE:DCI) Director Sells $946,400.00 in Stock

Donaldson Company, Inc. (NYSE:DCI) Director Trudy A. Rautio sold 14,000 shares of the stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $67.60, for a total transaction of $946,400.00. Following the sale, the director now directly owns 26,420 shares in the company, valued at $1,785,992. This trade represents a 34.64 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Donaldson Stock Up 0.7 %

Shares of Donaldson stock opened at $67.89 on Thursday. The company has a market cap of $8.11 billion, a P/E ratio of 19.74, a P/E/G ratio of 1.90 and a beta of 1.06. Donaldson Company, Inc. has a 1 year low of $61.79 and a 1 year high of $78.95. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35. The stock has a 50-day moving average price of $72.90 and a 200 day moving average price of $72.74.

Donaldson (NYSE:DCI) last released its quarterly earnings data on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.01. The firm had revenue of $900.10 million for the quarter, compared to analyst estimates of $888.88 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The company’s revenue for the quarter was up 6.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.75 EPS. As a group, analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 9th were paid a $0.27 dividend. The ex-dividend date of this dividend was Monday, December 9th. This represents a $1.08 dividend on an annualized basis and a yield of 1.59%. Donaldson’s dividend payout ratio (DPR) is currently 31.40%.

Institutional Investors Weigh In On Donaldson

Hedge funds and other institutional investors have recently made changes to their positions in the company. UMB Bank n.a. increased its holdings in Donaldson by 359.2% in the third quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock worth $26,000 after buying an additional 273 shares during the last quarter. Capital Performance Advisors LLP bought a new position in shares of Donaldson during the 3rd quarter valued at $41,000. V Square Quantitative Management LLC boosted its holdings in Donaldson by 52.0% in the third quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock worth $45,000 after purchasing an additional 207 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Donaldson by 72.0% in the third quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company’s stock worth $53,000 after purchasing an additional 301 shares in the last quarter. Finally, 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 last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on DCI shares. StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 28th. Robert W. Baird boosted their target price on shares of Donaldson from $81.00 to $83.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Finally, Morgan Stanley boosted their price target on shares of Donaldson from $67.00 to $68.00 and gave the stock an “underweight” rating in a research report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $74.00.

Donaldson Company Profile

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.