2 days Ago By ABMN Staff
Envestnet Asset Management Inc. boosted its position in shares of Donaldson Company, Inc. ( NYSE:DCI – Free Report ) by 35.
6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 203,409 shares of the industrial products company’s stock after acquiring an additional 53,376 shares during the quarter. Envestnet Asset Management Inc.
’s holdings in Donaldson were worth $13,700,000 at the end of the most recent reporting period. A number of other hedge funds also recently bought and sold shares of DCI. Smartleaf Asset Management LLC grew its stake 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 valued at $40,000 after purchasing an additional 180 shares during the period. Venturi Wealth Management LLC boosted its holdings in shares of Donaldson by 89.
6% in the fourth 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. GAMMA Investing LLC grew its position in Donaldson by 28.
7% during the fourth quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company’s stock valued at $62,000 after buying an additional 206 shares during the period. EverSource Wealth Advisors LLC increased its holdings in Donaldson by 45.
0% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,137 shares of the industrial products company’s stock valued at $77,000 after buying an additional 353 shares during the last quarter. Finally, National Bank of Canada FI raised its position in Donaldson by 61.
9% in the fourth quarter. National Bank of Canada FI now owns 1,206 shares of the industrial products company’s stock worth $81,000 after acquiring an additional 461 shares during the period. Hedge funds and other institutional investors own 82.
81% of the company’s stock. Donaldson Stock Performance DCI opened at $62.58 on Thursday.
The firm has a market cap of $7.48 billion, a P/E ratio of 18.19, a PEG ratio of 1.
82 and a beta of 1.01. Donaldson Company, Inc.
has a 1-year low of $57.45 and a 1-year high of $78.95.
The company has a 50 day simple moving average of $67.15 and a two-hundred day simple moving average of $70.67.
The company has a debt-to-equity ratio of 0.35, a current ratio of 1.85 and a quick ratio of 1.
20. Donaldson Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were paid a dividend of $0.
27 per share. This represents a $1.08 annualized dividend and a yield of 1.
73%. The ex-dividend date of this dividend was Thursday, February 13th. Donaldson’s dividend payout ratio (DPR) is presently 31.
58%. Insider Buying and Selling In other Donaldson news, Director James Owens sold 18,700 shares of Donaldson stock in a transaction on Thursday, April 10th. The shares were sold at an average price of $62.
02, for a total value of $1,159,774.00. Following the sale, the director now directly owns 20,246 shares in the company, valued at approximately $1,255,656.
92. The trade was a 48.02 % decrease in their position.
The sale was disclosed in a legal filing with the SEC, which is accessible through this link . Also, President Thomas R. Scalf sold 28,500 shares of the stock in a transaction dated Monday, March 17th.
The shares were sold at an average price of $69.22, for a total transaction of $1,972,770.00.
Following the transaction, the president now directly owns 28,334 shares of the company’s stock, valued at $1,961,279.48. This trade represents a 50.
15 % 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 valued at $5,164,799.
Corporate insiders own 2.70% of the company’s stock. Analyst Ratings Changes A number of brokerages have recently issued reports on DCI.
Stifel Nicolaus cut their price objective on shares of Donaldson from $70.00 to $63.00 and set a “hold” rating for the company in a research report on Monday.
StockNews.com lowered Donaldson from a “strong-buy” rating to a “buy” rating in a report on Tuesday, March 4th. One investment 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, the company currently has a consensus rating of “Hold” and an average price target of $71.33. Check Out Our Latest Stock Analysis on DCI Donaldson Profile ( Free Report ) 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. Read More Want to see what other hedge funds are holding DCI? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Donaldson Company, Inc. ( NYSE:DCI – Free Report ). Receive News & Ratings for Donaldson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donaldson and related companies with MarketBeat.
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