Dynamic Advisor Solutions LLC Has $743,000 Stake in Donaldson Company, Inc. (NYSE:DCI)

Dynamic Advisor Solutions LLC cut its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 5.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 11,026 shares of the industrial products company’s stock after selling 629 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in Donaldson were worth $743,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Franklin Resources Inc. grew its holdings in Donaldson by 2.5% during the 3rd quarter. Franklin Resources Inc. now owns 2,981,739 shares of the industrial products company’s stock worth $220,380,000 after acquiring an additional 73,234 shares during the period. Geode Capital Management LLC grew its stake in Donaldson by 5.1% during the third quarter. Geode Capital Management LLC now owns 2,448,879 shares of the industrial products company’s stock worth $180,522,000 after purchasing an additional 118,156 shares during the period. Mcdaniel Terry & Co. increased its holdings in Donaldson by 0.8% in the third quarter. Mcdaniel Terry & Co. now owns 513,333 shares of the industrial products company’s stock worth $37,833,000 after purchasing an additional 4,092 shares in the last quarter. Mountain Pacific Investment Advisers LLC lifted its stake in Donaldson by 2.1% in the third quarter. Mountain Pacific Investment Advisers LLC now owns 478,487 shares of the industrial products company’s stock valued at $35,264,000 after buying an additional 9,827 shares during the period. Finally, Millennium Management LLC boosted its holdings in shares of Donaldson by 11.4% during the 2nd quarter. Millennium Management LLC now owns 455,472 shares of the industrial products company’s stock worth $32,594,000 after buying an additional 46,469 shares in the last quarter. Institutional investors own 82.81% of the company’s stock.

Insider Transactions at Donaldson

In related news, Director Trudy A. Rautio sold 14,000 shares of the business’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $67.60, for a total transaction of $946,400.00. Following the transaction, the director now directly owns 26,420 shares in the company, valued at approximately $1,785,992. The trade was a 34.64 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 2.70% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. StockNews.com upgraded shares of Donaldson from a “buy” rating to a “strong-buy” rating in a research report on Thursday. Morgan Stanley increased their price objective on shares of Donaldson from $67.00 to $68.00 and gave the stock an “underweight” rating in a research report on Wednesday, December 4th. Finally, Robert W. Baird raised 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. One investment analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat, Donaldson currently has an average rating of “Hold” and an average target price of $74.00.

Donaldson Stock Performance

DCI opened at $72.28 on Monday. The company has a market cap of $8.63 billion, a price-to-earnings ratio of 21.01, a PEG ratio of 1.87 and a beta of 1.06. The company’s fifty day moving average price is $71.37 and its two-hundred day moving average price is $72.66. Donaldson Company, Inc. has a 1-year low of $64.06 and a 1-year high of $78.95. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35.

Donaldson (NYSE:DCI) last released its quarterly earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.82 by $0.01. The business had revenue of $900.10 million during the quarter, compared to the consensus estimate of $888.88 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The company’s quarterly revenue was up 6.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.75 EPS. On average, analysts expect that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, December 23rd. Shareholders of record on Monday, December 9th were issued a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date was Monday, December 9th. Donaldson’s dividend payout ratio is 31.40%.

Donaldson 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.