Hills Bank & Trust Co Has $1.39 Million Position in Donaldson Company, Inc. (NYSE:DCI)

Hills Bank & Trust Co decreased its holdings in shares of Donaldson Company, Inc. (NYSE:DCI) by 1.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 20,693 shares of the industrial products company’s stock after selling 255 shares during the quarter. Hills Bank & Trust Co’s holdings in Donaldson were worth $1,394,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Atria Investments Inc raised its stake in Donaldson by 7.1% during the 3rd quarter. Atria Investments Inc now owns 9,301 shares of the industrial products company’s stock valued at $685,000 after purchasing an additional 620 shares during the last quarter. GSA Capital Partners LLP bought a new stake in shares of Donaldson in the third quarter valued at about $1,274,000. Curi RMB Capital LLC lifted its stake in shares of Donaldson by 2.6% in 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 during the period. ING Groep NV bought a new position in Donaldson during the third quarter valued at about $1,142,000. Finally, Claro Advisors LLC grew its holdings in shares of Donaldson by 2.0% during the 3rd quarter. Claro Advisors LLC now owns 10,242 shares of the industrial products company’s stock worth $755,000 after purchasing an additional 203 shares in the last quarter. 82.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director Trudy A. Rautio sold 14,000 shares of the company’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $67.60, for a total value of $946,400.00. Following the completion of the sale, the director now owns 26,420 shares in the company, valued at $1,785,992. This represents a 34.64 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, President Thomas R. Scalf sold 29,500 shares of Donaldson stock in a transaction dated Friday, February 28th. The stock was sold at an average price of $68.89, for a total value of $2,032,255.00. Following the transaction, the president now owns 28,334 shares in the company, valued at approximately $1,951,929.26. This represents a 51.01 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 2.70% of the stock is owned by insiders.

Donaldson Stock Performance

Shares of NYSE:DCI opened at $68.51 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.85 and a quick ratio of 1.20. The business’s fifty day moving average price is $69.48 and its two-hundred day moving average price is $71.80. Donaldson Company, Inc. has a fifty-two week low of $65.10 and a fifty-two week high of $78.95. The stock has a market capitalization of $8.19 billion, a price-to-earnings ratio of 19.91, a price-to-earnings-growth ratio of 1.82 and a beta of 1.04.

Donaldson (NYSE:DCI) last announced its earnings results on Thursday, February 27th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.02). The firm had revenue of $870.00 million for the quarter, compared to analyst estimates of $908.32 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. As a group, analysts predict that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were given a $0.27 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.58%. Donaldson’s dividend payout ratio is 31.58%.

Analysts Set New Price Targets

A number of research analysts recently commented on DCI shares. Robert W. Baird upped their target price on Donaldson from $81.00 to $83.00 and gave the company an “outperform” rating in a research note on Wednesday, December 4th. Morgan Stanley raised their price objective on shares of Donaldson from $67.00 to $68.00 and gave the stock an “underweight” rating in a report on Wednesday, December 4th. Finally, StockNews.com cut shares of Donaldson from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, March 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, Donaldson has a consensus rating of “Hold” and an average target price 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.