Donaldson Company, Inc. (DCI) Stake Lowered by Geode Capital Management LLC

Geode Capital Management LLC decreased its position in Donaldson Company, Inc. (NYSE:DCI) by 1.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,083,970 shares of the industrial products company’s stock after selling 10,900 shares during the period. Geode Capital Management LLC owned 0.83% of Donaldson worth $53,060,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of DCI. Dorsey & Whitney Trust CO LLC raised its stake in 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 worth $7,732,000 after acquiring an additional 1,086 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its stake in Donaldson by 51.5% in the fourth 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 period. Stephens Inc. AR increased its stake in Donaldson by 3.3% in the third 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 period. Autus Asset Management LLC increased its stake in Donaldson by 1.0% in the fourth 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 period. Finally, Wolverine Trading LLC boosted its holdings in shares of Donaldson by 41.6% in the third quarter. Wolverine Trading LLC now owns 6,655 shares of the industrial products company’s stock valued at $306,000 after acquiring an additional 1,955 shares in the last quarter. 79.15% of the stock is owned by institutional investors and hedge funds.

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DCI traded down $0.87 on Friday, reaching $43.93. The company 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 PE ratio of 25.99, a P/E/G ratio of 2.00 and a beta of 1.14. The company has a quick ratio of 2.15, a current ratio of 2.94 and a debt-to-equity ratio of 0.81. Donaldson Company, Inc. has a one year low of $42.59 and a one year high of $52.20.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Tuesday, March 6th. The industrial products company reported $0.43 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.44 by ($0.01). Donaldson had a net margin of 5.29% and a return on equity of 29.25%. The business had revenue of $664.70 million for the quarter, compared to the consensus estimate of $630.53 million. During the same quarter last year, the business posted $0.35 EPS. The business’s revenue for the quarter was up 20.7% on a year-over-year basis. equities analysts expect that Donaldson Company, Inc. will post 1.98 EPS for the current year.

Several analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of Donaldson from a “buy” rating to a “hold” rating in a report on Monday, February 5th. Edward Jones upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a research report on Wednesday, March 28th. Oppenheimer restated a “hold” rating on shares of Donaldson in a research report on Monday, December 18th. TheStreet lowered shares of Donaldson from an “a-” rating to a “c+” rating in a research report on Tuesday, March 6th. Finally, 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. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Donaldson has an average rating of “Hold” and a consensus price target of $51.00.

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About Donaldson

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.

Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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