Donaldson Company, Inc. (NYSE:DCI) Shares Sold by American Century Companies Inc.

American Century Companies Inc. lowered its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 6.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,566,335 shares of the industrial products company’s stock after selling 114,366 shares during the period. American Century Companies Inc. owned 1.31% of Donaldson worth $105,493,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Smartleaf Asset Management LLC boosted its position in Donaldson by 43.2% during the 4th quarter. Smartleaf Asset Management LLC now owns 597 shares of the industrial products company’s stock worth $40,000 after acquiring an additional 180 shares during the period. Venturi Wealth Management LLC increased its stake in Donaldson by 89.6% during the 4th quarter. Venturi Wealth Management LLC now owns 781 shares of the industrial products company’s stock valued at $53,000 after buying an additional 369 shares during the period. GAMMA Investing LLC lifted its stake in shares of Donaldson by 28.7% in the 4th quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company’s stock worth $62,000 after acquiring an additional 206 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Donaldson by 45.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,137 shares of the industrial products company’s stock valued at $77,000 after acquiring an additional 353 shares in the last quarter. Finally, Lee Danner & Bass Inc. acquired a new position in shares of Donaldson during the fourth quarter valued at approximately $91,000. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Trading Up 1.4 %

NYSE DCI opened at $68.16 on Tuesday. The stock has a market cap of $8.15 billion, a price-to-earnings ratio of 19.81, a PEG ratio of 1.82 and a beta of 1.04. Donaldson Company, Inc. has a twelve month low of $65.10 and a twelve month high of $78.95. 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 firm’s 50 day moving average price is $69.59 and its two-hundred day moving average price is $71.65.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Thursday, February 27th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.02). Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The firm had revenue of $870.00 million for the quarter, compared to analysts’ expectations of $908.32 million. Equities analysts anticipate that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend was Thursday, February 13th. Donaldson’s payout ratio is presently 31.58%.

Insider Buying and Selling at Donaldson

In other Donaldson news, President Thomas R. Scalf sold 28,500 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $69.22, for a total transaction of $1,972,770.00. Following the transaction, the president now directly owns 28,334 shares in the company, valued at $1,961,279.48. This trade represents a 50.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Trudy A. Rautio sold 14,000 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $67.60, for a total value of $946,400.00. Following the completion of the sale, the director now owns 26,420 shares of the company’s stock, valued at approximately $1,785,992. This trade represents a 34.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 72,000 shares of company stock worth $4,951,425 over the last ninety days. 2.70% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

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