BNP Paribas Arbitrage SA grew its holdings in Donaldson Company, Inc. (NYSE:DCI) by 97.2% during the 1st quarter, Holdings Channel reports. The firm owned 4,250 shares of the industrial products company’s stock after acquiring an additional 2,095 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Donaldson were worth $213,000 as of its most recent filing with the SEC.
Several other large investors have also modified their holdings of DCI. Riverview Trust Co acquired a new stake in shares of Donaldson in the fourth quarter valued at about $27,000. CX Institutional acquired a new stake in shares of Donaldson in the first quarter valued at about $32,000. Penserra Capital Management LLC acquired a new stake in shares of Donaldson in the fourth quarter valued at about $34,000. Enlightenment Research LLC acquired a new stake in shares of Donaldson in the fourth quarter valued at about $48,000. Finally, Oregon Public Employees Retirement Fund grew its position in shares of Donaldson by 4,293.4% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 2,243,003 shares of the industrial products company’s stock valued at $52,000 after purchasing an additional 2,191,949 shares during the last quarter. 80.58% of the stock is currently owned by institutional investors.
NYSE DCI opened at $48.19 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 2.35 and a quick ratio of 1.61. Donaldson Company, Inc. has a twelve month low of $40.27 and a twelve month high of $59.43. The stock has a market capitalization of $6.15 billion, a P/E ratio of 24.10, a P/E/G ratio of 1.97 and a beta of 1.44.
In related news, Chairman Tod E. Carpenter sold 4,000 shares of the stock in a transaction dated Friday, March 29th. The shares were sold at an average price of $50.02, for a total value of $200,080.00. Following the completion of the sale, the chairman now owns 102,037 shares in the company, valued at $5,103,890.74. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Douglas A. Milroy bought 560 shares of Donaldson stock in a transaction that occurred on Wednesday, March 13th. The stock was bought at an average price of $49.05 per share, with a total value of $27,468.00. Following the purchase, the director now owns 4,449 shares of the company’s stock, valued at approximately $218,223.45. The disclosure for this purchase can be found here. 1.35% of the stock is currently owned by company insiders.
Separately, Zacks Investment Research raised Donaldson from a “sell” rating to a “hold” rating in a research report on Wednesday, April 10th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. Donaldson presently has a consensus rating of “Hold” and a consensus price target of $55.25.
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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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