Donaldson Company, Inc. (DCI) Holdings Boosted by Deutsche Bank AG

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Deutsche Bank AG raised its position in Donaldson Company, Inc. (NYSE:DCI) by 40.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 295,670 shares of the industrial products company’s stock after buying an additional 85,859 shares during the quarter. Deutsche Bank AG’s holdings in Donaldson were worth $12,827,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in DCI. Highwater Wealth Management LLC bought a new position in Donaldson in the 4th quarter valued at about $27,000. Riverview Trust Co bought a new stake in shares of Donaldson during the 4th quarter valued at approximately $27,000. Penserra Capital Management LLC bought a new stake in shares of Donaldson during the 4th quarter valued at approximately $34,000. Enlightenment Research LLC bought a new stake in shares of Donaldson during the 4th quarter valued at approximately $48,000. Finally, Clean Yield Group bought a new stake in shares of Donaldson during the 4th quarter valued at approximately $52,000. 79.96% of the stock is currently owned by hedge funds and other institutional investors.

In other Donaldson news, Director Willard D. Oberton sold 14,400 shares of the business’s stock in a transaction that occurred on Thursday, March 28th. The shares were sold at an average price of $49.10, for a total transaction of $707,040.00. Following the sale, the director now directly owns 33,172 shares of the company’s stock, valued at approximately $1,628,745.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Chairman Tod E. Carpenter sold 4,000 shares of the business’s stock in a transaction that occurred on Friday, March 29th. The stock was sold at an average price of $50.02, for a total transaction of $200,080.00. Following the sale, the chairman now directly owns 102,037 shares in the company, valued at $5,103,890.74. The disclosure for this sale can be found here. Insiders own 1.35% of the company’s stock.

DCI opened at $52.65 on Tuesday. Donaldson Company, Inc. has a fifty-two week low of $40.27 and a fifty-two week high of $59.43. The company has a debt-to-equity ratio of 0.72, a quick ratio of 1.61 and a current ratio of 2.35. The company has a market cap of $6.76 billion, a price-to-earnings ratio of 26.33, a price-to-earnings-growth ratio of 2.07 and a beta of 1.43.

Donaldson (NYSE:DCI) last posted its earnings results on Wednesday, March 6th. The industrial products company reported $0.47 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.51 by ($0.04). Donaldson had a return on equity of 32.75% and a net margin of 10.82%. The business had revenue of $703.70 million for the quarter, compared to the consensus estimate of $719.40 million. During the same period in the previous year, the firm earned $0.43 earnings per share. The company’s revenue was up 5.9% compared to the same quarter last year. Equities research analysts forecast that Donaldson Company, Inc. will post 2.33 EPS for the current fiscal year.

Several brokerages recently issued reports on DCI. Zacks Investment Research raised shares of Donaldson from a “sell” rating to a “hold” rating in a report on Wednesday, April 10th. ValuEngine lowered shares of Donaldson from a “buy” rating to a “hold” rating in a report on Tuesday, December 18th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $52.00 price target on shares of Donaldson in a report on Friday, December 21st. Six investment analysts have rated the stock with a hold rating, Donaldson currently has an average rating of “Hold” and an average price target of $55.25.

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Donaldson Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. It operates through Engine Products and Industrial Products segments. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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