Donaldson Company, Inc. (NYSE:DCI) Shares Sold by Ensign Peak Advisors Inc

Ensign Peak Advisors Inc decreased its holdings in Donaldson Company, Inc. (NYSE:DCI) by 33.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 35,810 shares of the industrial products company’s stock after selling 17,970 shares during the period. Ensign Peak Advisors Inc’s holdings in Donaldson were worth $2,412,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of DCI. Colonial Trust Co SC acquired a new stake in shares of Donaldson during the 4th quarter worth approximately $25,000. Smartleaf Asset Management LLC increased its holdings in shares of 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 buying an additional 180 shares during the last quarter. Johnson Financial Group Inc. increased its holdings in shares of Donaldson by 48.8% during the 4th quarter. Johnson Financial Group Inc. now owns 595 shares of the industrial products company’s stock worth $42,000 after buying an additional 195 shares during the last quarter. Venturi Wealth Management LLC increased its holdings in shares of Donaldson by 89.6% during the 4th quarter. Venturi Wealth Management LLC now owns 781 shares of the industrial products company’s stock worth $53,000 after buying an additional 369 shares during the last quarter. Finally, Quarry LP increased its holdings in shares of Donaldson by 162.7% during the 4th quarter. Quarry LP now owns 1,072 shares of the industrial products company’s stock worth $72,000 after buying an additional 664 shares during the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Insiders Place Their Bets

In related news, President Thomas R. Scalf sold 28,500 shares of Donaldson stock in a transaction on Monday, March 17th. The shares were sold at an average price of $69.22, for a total value of $1,972,770.00. Following the completion of the sale, the president now owns 28,334 shares of the company’s stock, valued at approximately $1,961,279.48. The trade was a 50.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director James Owens sold 18,700 shares of the business’s stock in a transaction on Thursday, April 10th. The stock was sold at an average price of $62.02, for a total transaction of $1,159,774.00. Following the transaction, the director now directly owns 20,246 shares of the company’s stock, valued at approximately $1,255,656.92. This represents a 48.02% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 76,700 shares of company stock worth $5,164,799. Corporate insiders own 2.70% of the company’s stock.

Donaldson Trading Up 0.3%

NYSE DCI opened at $69.98 on Friday. 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 has a market cap of $8.36 billion, a PE ratio of 20.34, a P/E/G ratio of 1.82 and a beta of 1.01. Donaldson Company, Inc. has a one year low of $57.45 and a one year high of $78.95. The firm’s fifty day moving average is $65.89 and its two-hundred day moving average is $69.56.

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

Analysts Set New Price Targets

A number of analysts have recently issued reports on DCI shares. Stifel Nicolaus cut their price target on shares of Donaldson from $70.00 to $63.00 and set a “hold” rating for the company in a report on Monday, April 14th. StockNews.com downgraded shares of Donaldson from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 4th. One research 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 a consensus rating of “Hold” and a consensus target price of $71.33.

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.