Hoylecohen LLC bought a new stake in shares of Donaldson Company, Inc. (NYSE:DCI) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 86,286 shares of the industrial products company’s stock, valued at approximately $4,224,000.
Other institutional investors have also made changes to their positions in the company. Advisor Group Inc. raised its holdings in shares of Donaldson by 91.3% during the fourth quarter. Advisor Group Inc. now owns 3,139 shares of the industrial products company’s stock valued at $154,000 after acquiring an additional 1,498 shares in the last quarter. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Donaldson by 51.5% during 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 acquiring an additional 1,100 shares in the last quarter. ETRADE Capital Management LLC bought a new position in shares of Donaldson during the fourth quarter valued at approximately $202,000. BB&T Corp bought a new position in shares of Donaldson during the fourth quarter valued at approximately $210,000. Finally, Magnetar Financial LLC bought a new position in shares of Donaldson during the third quarter valued at approximately $201,000. Institutional investors own 79.18% of the company’s stock.
Donaldson Company, Inc. (DCI) opened at $45.23 on Thursday. The company has a quick ratio of 2.15, a current ratio of 2.94 and a debt-to-equity ratio of 0.81. The stock has a market capitalization of $5,893.91, a price-to-earnings ratio of 24.52, a price-to-earnings-growth ratio of 2.06 and a beta of 1.12. Donaldson Company, Inc. has a twelve month low of $42.59 and a twelve month 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 (EPS) for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.01). The firm had revenue of $664.70 million during the quarter, compared to the consensus estimate of $630.53 million. Donaldson had a return on equity of 29.25% and a net margin of 5.29%. Donaldson’s revenue for the quarter was up 20.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.35 EPS. equities analysts forecast that Donaldson Company, Inc. will post 1.98 EPS for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 6th. Shareholders of record on Wednesday, February 14th were issued a $0.18 dividend. The ex-dividend date was Tuesday, February 13th. This represents a $0.72 dividend on an annualized basis and a yield of 1.59%. Donaldson’s dividend payout ratio (DPR) is 70.59%.
A number of equities analysts recently commented on the company. TheStreet downgraded Donaldson from an “a-” rating to a “c+” rating in a report on Tuesday, March 6th. Zacks Investment Research downgraded Donaldson from a “buy” rating to a “hold” rating in a report on Friday, March 9th. Stifel Nicolaus decreased their target price on Donaldson from $53.00 to $51.00 and set a “hold” rating for the company in a report on Wednesday, March 7th. Gabelli upgraded Donaldson from a “neutral” rating to a “buy” rating in a report on Wednesday, March 7th. They noted that the move was a valuation call. Finally, Oppenheimer restated a “hold” rating on shares of Donaldson in a report on Friday, December 1st. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target 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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