Whittier Trust Co. of Nevada Inc. lowered its position in Donaldson Co. (NYSE:DCI) by 14.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,471 shares of the company’s stock after selling 737 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Donaldson were worth $154,000 as of its most recent filing with the SEC.
Several other institutional investors also recently bought and sold shares of DCI. Independent Portfolio Consultants Inc. boosted its position in Donaldson by 9.5% in the second quarter. Independent Portfolio Consultants Inc. now owns 5,240 shares of the company’s stock worth $180,000 after buying an additional 455 shares during the last quarter. Accredited Investors Inc. bought a new position in Donaldson during the first quarter worth $216,000. Atria Investments LLC acquired a new position in shares of Donaldson during the second quarter valued at approximately $220,000. LS Investment Advisors LLC boosted its position in shares of Donaldson by 71.9% in the second quarter. LS Investment Advisors LLC now owns 7,625 shares of the company’s stock valued at $262,000 after buying an additional 3,189 shares in the last quarter. Finally, Capstone Asset Management Co. boosted its position in shares of Donaldson by 0.6% in the second quarter. Capstone Asset Management Co. now owns 12,519 shares of the company’s stock valued at $430,000 after buying an additional 70 shares in the last quarter. 81.74% of the stock is owned by hedge funds and other institutional investors.
Donaldson Co. (NYSE:DCI) traded down 0.536% during midday trading on Thursday, hitting $36.364. 389,172 shares of the stock traded hands. The company has a market cap of $4.82 billion, a PE ratio of 25.608 and a beta of 1.05. Donaldson Co. has a one year low of $25.21 and a one year high of $38.65. The company’s 50-day moving average is $37.00 and its 200-day moving average is $34.92.
Donaldson (NYSE:DCI) last issued its quarterly earnings results on Thursday, September 8th. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.49 by $0.03. Donaldson had a return on equity of 27.06% and a net margin of 8.59%. The company had revenue of $593 million for the quarter, compared to analyst estimates of $594.80 million. During the same period last year, the company posted $0.45 EPS. The business’s revenue for the quarter was down 2.8% on a year-over-year basis. Equities research analysts expect that Donaldson Co. will post ($0.12) EPS for the current fiscal year.
Several equities analysts have commented on DCI shares. TheStreet raised shares of Donaldson from a “hold” rating to a “buy” rating in a research report on Friday, June 24th. Zacks Investment Research raised shares of Donaldson from a “sell” rating to a “hold” rating in a research report on Monday, August 29th. Finally, Robert W. Baird raised their price target on shares of Donaldson from $36.00 to $39.00 and gave the company a “neutral” rating in a research report on Friday, September 9th. Six equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of $36.60.
In related news, Director John Wiehoff sold 14,400 shares of the company’s stock in a transaction that occurred on Wednesday, September 14th. The shares were sold at an average price of $36.32, for a total transaction of $523,008.00. Following the completion of the transaction, the director now owns 56,877 shares of the company’s stock, valued at $2,065,772.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.88% of the company’s stock.
Donaldson Company, Inc is a provider and manufacturer of filtration systems and replacement parts. The Company serves customers in the industrial and engine markets, including dust collection, power generation, specialty filtration, compressed air purification, off-road equipment, industrial compressors, heavy trucks and light vehicles.
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