Donaldson Company, Inc. (NYSE:DCI) is Boston Trust Walden Corp’s 8th Largest Position

Boston Trust Walden Corp lessened its stake in Donaldson Company, Inc. (NYSE:DCI) by 0.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,649,832 shares of the industrial products company’s stock after selling 2,725 shares during the quarter. Donaldson makes up about 1.3% of Boston Trust Walden Corp’s investment portfolio, making the stock its 8th largest position. Boston Trust Walden Corp owned about 2.22% of Donaldson worth $178,466,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. UMB Bank n.a. increased its stake in Donaldson by 359.2% in the 3rd quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 273 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in Donaldson in the third quarter worth $41,000. V Square Quantitative Management LLC raised its stake in Donaldson by 52.0% during the third quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 207 shares in the last quarter. GAMMA Investing LLC lifted its position in Donaldson by 72.0% during the third quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company’s stock valued at $53,000 after purchasing an additional 301 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Donaldson by 185.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,269 shares of the industrial products company’s stock worth $91,000 after buying an additional 825 shares in the last quarter. Institutional investors own 82.81% of the company’s stock.

Donaldson Stock Down 0.6 %

Shares of NYSE DCI opened at $71.19 on Monday. Donaldson Company, Inc. has a 1 year low of $64.35 and a 1 year high of $78.95. The firm has a 50-day simple moving average of $70.88 and a two-hundred day simple moving average of $72.58. The company has a market cap of $8.50 billion, a P/E ratio of 20.69, a PEG ratio of 1.86 and a beta of 1.06. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.85 and a quick ratio of 1.20.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.01. The firm had revenue of $900.10 million during the quarter, compared to analyst estimates of $888.88 million. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. Donaldson’s quarterly revenue was up 6.4% compared to the same quarter last year. During the same period last year, the company earned $0.75 EPS. Research analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Thursday, February 13th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 1.52%. The ex-dividend date is Thursday, February 13th. Donaldson’s dividend payout ratio is presently 31.40%.

Insider Activity at Donaldson

In other news, Director Trudy A. Rautio sold 14,000 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $67.60, for a total transaction of $946,400.00. Following the transaction, the director now owns 26,420 shares in the company, valued at approximately $1,785,992. This trade represents a 34.64 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. 2.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

DCI has been the topic of several recent research reports. Robert W. Baird upped their target price on shares of Donaldson from $81.00 to $83.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. StockNews.com downgraded Donaldson from a “strong-buy” rating to a “buy” rating in a research report on Friday. Finally, Morgan Stanley lifted their target price on Donaldson from $67.00 to $68.00 and gave the stock an “underweight” rating in a report on Wednesday, December 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, Donaldson currently has a consensus rating of “Hold” and a consensus target price of $74.00.

About Donaldson

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.