Advisor Group Inc. raised its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 91.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 3,139 shares of the industrial products company’s stock after acquiring an additional 1,498 shares during the period. Advisor Group Inc.’s holdings in Donaldson were worth $154,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors have also recently bought and sold shares of the company. Fuller & Thaler Asset Management Inc. boosted its stake in 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 period. ETRADE Capital Management LLC acquired a new position in Donaldson during the 4th quarter valued at about $202,000. BB&T Corp acquired a new position in Donaldson during the 4th quarter valued at about $210,000. Magnetar Financial LLC bought a new stake in shares of Donaldson during the 3rd quarter worth about $201,000. Finally, Baird Financial Group Inc. bought a new stake in shares of Donaldson during the 4th quarter worth about $219,000. 79.15% of the stock is owned by hedge funds and other institutional investors.
DCI stock opened at $43.93 on Monday. Donaldson Company, Inc. has a 52 week low of $42.59 and a 52 week high of $52.20. The stock has a market cap 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. The company has a debt-to-equity ratio of 0.81, a quick ratio of 2.15 and a current ratio of 2.94.
Donaldson (NYSE:DCI) last released its quarterly earnings results on Tuesday, March 6th. The industrial products company reported $0.43 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). Donaldson had a return on equity of 29.25% and a net margin of 5.29%. The company 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 firm posted $0.35 earnings per share. The firm’s quarterly revenue was up 20.7% compared to the same quarter last year. research analysts expect that Donaldson Company, Inc. will post 1.98 EPS for the current year.
A number of research firms have commented on DCI. Edward Jones upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a research report on Wednesday, March 28th. Zacks Investment Research downgraded shares of Donaldson from a “buy” rating to a “hold” rating in a research report on Friday, March 9th. TheStreet downgraded shares of Donaldson from an “a-” rating to a “c+” rating in a research report on Tuesday, March 6th. Stifel Nicolaus dropped their price target on shares of Donaldson from $53.00 to $51.00 and set a “hold” rating on the stock in a research report on Wednesday, March 7th. Finally, Gabelli upgraded 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 equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $51.00.
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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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