Sciencast Management LP decreased its holdings in Donaldson Company, Inc. (NYSE:DCI) by 54.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,083 shares of the industrial products company’s stock after selling 7,248 shares during the quarter. Sciencast Management LP’s holdings in Donaldson were worth $311,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Dorsey & Whitney Trust CO LLC increased its position in shares of Donaldson by 0.6% during the 3rd quarter. Dorsey & Whitney Trust CO LLC now owns 168,300 shares of the industrial products company’s stock valued at $7,732,000 after purchasing an additional 1,086 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in shares of Donaldson by 51.5% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,235 shares of the industrial products company’s stock valued at $158,000 after purchasing an additional 1,100 shares during the last quarter. Advisor Group Inc. increased its position in shares of Donaldson by 91.3% during the 4th quarter. Advisor Group Inc. now owns 3,139 shares of the industrial products company’s stock valued at $154,000 after purchasing an additional 1,498 shares during the last quarter. Stephens Inc. AR increased its position in shares of Donaldson by 3.3% during the 3rd quarter. Stephens Inc. AR now owns 52,842 shares of the industrial products company’s stock valued at $2,428,000 after purchasing an additional 1,680 shares during the last quarter. Finally, Autus Asset Management LLC increased its position in shares of Donaldson by 1.0% during the 4th quarter. Autus Asset Management LLC now owns 191,865 shares of the industrial products company’s stock valued at $9,391,000 after purchasing an additional 1,807 shares during the last quarter. 79.15% of the stock is owned by institutional investors and hedge funds.
Several equities research analysts have recently commented on DCI shares. Stifel Nicolaus reaffirmed a “hold” rating and set a $53.00 price target (up previously from $50.00) on shares of Donaldson in a research report on Tuesday, January 16th. Gabelli raised shares of Donaldson from a “neutral” rating to a “buy” rating in a research report on Wednesday, March 7th. They noted that the move was a valuation call. TheStreet lowered shares of Donaldson from an “a-” rating to a “c+” rating in a research report on Tuesday, March 6th. Oppenheimer reaffirmed a “hold” rating on shares of Donaldson in a research report on Monday, December 18th. Finally, Zacks Investment Research lowered shares of Donaldson from a “buy” rating to a “hold” rating in a research report on Wednesday, February 14th. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $51.00.
Donaldson stock traded down $0.87 during midday trading on Friday, hitting $43.93. The stock had a trading volume of 681,874 shares, compared to its average volume of 540,444. The firm has a market capitalization of $5,706.86, a price-to-earnings ratio of 25.99, a P/E/G ratio of 2.00 and a beta of 1.14. Donaldson Company, Inc. has a 52-week low of $42.59 and a 52-week high of $52.20. The company has a current ratio of 2.94, a quick ratio of 2.15 and a debt-to-equity ratio of 0.81.
Donaldson (NYSE:DCI) last released its earnings results on Tuesday, March 6th. The industrial products company reported $0.43 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.01). The firm had revenue of $664.70 million during the quarter, compared to analysts’ expectations of $630.53 million. Donaldson had a return on equity of 29.25% and a net margin of 5.29%. The company’s revenue was up 20.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.35 earnings per share. analysts predict that Donaldson Company, Inc. will post 1.98 EPS for the current year.
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Donaldson Company, Inc is a manufacturer of filtration systems and replacement parts. The Company’s segments include Engine Products, Industrial Products and Corporate. The Company’s products are manufactured at approximately 44 plants around the world and through three joint ventures. The Company offers its products under the Ultra-Web, PowerCore and Donaldson brands.
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