Trudy A. Rautio Sells 14,000 Shares of Donaldson Company, Inc. (NYSE:DCI) Stock

Donaldson Company, Inc. (NYSE:DCI) Director Trudy A. Rautio sold 14,000 shares of the stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $67.60, for a total transaction of $946,400.00. Following the completion of the transaction, the director now owns 26,420 shares of the company’s stock, valued at $1,785,992. This represents a 34.64 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Donaldson Price Performance

Donaldson stock opened at $67.37 on Wednesday. The stock has a market capitalization of $8.05 billion, a P/E ratio of 19.58, a P/E/G ratio of 1.90 and a beta of 1.06. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.85 and a quick ratio of 1.20. The firm’s 50-day moving average is $73.01 and its two-hundred day moving average is $72.77. Donaldson Company, Inc. has a 12-month low of $61.79 and a 12-month high of $78.95.

Donaldson (NYSE:DCI) last issued its earnings results on Tuesday, December 3rd. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.01. Donaldson had a return on equity of 29.07% and a net margin of 11.56%. The business had revenue of $900.10 million during the quarter, compared to analysts’ expectations of $888.88 million. During the same quarter in the previous year, the business earned $0.75 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. Equities analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, December 23rd. Stockholders of record on Monday, December 9th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend was Monday, December 9th. Donaldson’s dividend payout ratio is presently 31.40%.

Wall Street Analysts Forecast Growth

DCI has been the topic of a number of research reports. Robert W. Baird upped their price target on Donaldson from $81.00 to $83.00 and gave the stock an “outperform” rating in a report on Wednesday, December 4th. Morgan Stanley raised their price target on Donaldson from $67.00 to $68.00 and gave the company an “underweight” rating in a research report on Wednesday, December 4th. Finally, StockNews.com upgraded shares of Donaldson from a “buy” rating to a “strong-buy” rating in a research report on Saturday, September 28th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $74.00.

Institutional Trading of Donaldson

Institutional investors have recently added to or reduced their stakes in the business. UMB Bank n.a. lifted its stake in shares of Donaldson by 359.2% during the third quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock worth $26,000 after purchasing an additional 273 shares in the last quarter. Capital Performance Advisors LLP purchased a new stake in shares of Donaldson during the 3rd quarter valued at about $41,000. V Square Quantitative Management LLC lifted its position in Donaldson by 52.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock worth $45,000 after acquiring an additional 207 shares in the last quarter. GAMMA Investing LLC boosted its holdings in Donaldson by 72.0% in the 3rd quarter. GAMMA Investing LLC now owns 719 shares of the industrial products company’s stock worth $53,000 after acquiring an additional 301 shares during the period. Finally, Headlands Technologies LLC grew its position in Donaldson by 221.0% in the second quarter. Headlands Technologies LLC now owns 1,011 shares of the industrial products company’s stock valued at $72,000 after acquiring an additional 696 shares in the last quarter. 82.81% of the stock is owned by hedge funds and other institutional investors.

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.