Donaldson Company, Inc. (NYSE:DCI) Shares Acquired by Versor Investments LP

Versor Investments LP lifted its position in Donaldson Company, Inc. (NYSE:DCI) by 41.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,900 shares of the industrial products company’s stock after purchasing an additional 2,300 shares during the period. Versor Investments LP’s holdings in Donaldson were worth $532,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in DCI. Farther Finance Advisors LLC raised its position in shares of Donaldson by 511.7% in the third quarter. Farther Finance Advisors LLC now owns 3,780 shares of the industrial products company’s stock worth $279,000 after acquiring an additional 3,162 shares during the period. Chicago Partners Investment Group LLC raised its holdings in Donaldson by 17.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 3,664 shares of the industrial products company’s stock worth $271,000 after purchasing an additional 553 shares during the period. First Interstate Bank purchased a new position in Donaldson during the third quarter worth approximately $354,000. Van ECK Associates Corp grew its holdings in Donaldson by 23.4% in the third quarter. Van ECK Associates Corp now owns 126,211 shares of the industrial products company’s stock valued at $9,328,000 after purchasing an additional 23,927 shares during the period. Finally, Radnor Capital Management LLC purchased a new stake in shares of Donaldson in the third quarter valued at approximately $4,238,000. 82.81% of the stock is owned by hedge funds and other institutional investors.

Donaldson Stock Up 2.2 %

NYSE DCI opened at $69.07 on Friday. The business has a fifty day moving average price of $69.29 and a 200 day moving average price of $72.12. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.20 and a current ratio of 1.85. The company has a market cap of $8.25 billion, a P/E ratio of 20.08, a P/E/G ratio of 1.82 and a beta of 1.06. Donaldson Company, Inc. has a one year low of $65.10 and a one year high of $78.95.

Donaldson (NYSE:DCI) last issued its earnings results on Thursday, February 27th. The industrial products company reported $0.83 EPS for the quarter, missing analysts’ consensus estimates of $0.85 by ($0.02). The business had revenue of $870.00 million during the quarter, compared to analyst estimates of $908.32 million. Donaldson had a net margin of 11.56% and a return on equity of 29.07%. Research analysts anticipate that Donaldson Company, Inc. will post 3.64 EPS for the current fiscal year.

Donaldson Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Thursday, February 13th were issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 1.56%. The ex-dividend date of this dividend was Thursday, February 13th. Donaldson’s dividend payout ratio is currently 31.58%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on DCI. Robert W. Baird increased their target price on Donaldson from $81.00 to $83.00 and gave the company an “outperform” rating in a research report on Wednesday, December 4th. StockNews.com raised shares of Donaldson from a “buy” rating to a “strong-buy” rating in a report on Monday, February 24th. Finally, Morgan Stanley boosted their target price on shares of Donaldson from $67.00 to $68.00 and gave the stock an “underweight” rating in a research note on Wednesday, December 4th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Donaldson presently has a consensus rating of “Hold” and a consensus price target of $74.00.

Insider Activity

In other Donaldson news, Director Trudy A. Rautio sold 14,000 shares of the business’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 of the company’s stock, 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 filing with the SEC, which is accessible through the SEC website. Company insiders own 2.70% of the company’s stock.

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.