Donaldson Company, Inc. (NYSE:DCI) Shares Sold by Shelton Capital Management

Shelton Capital Management lessened its stake in Donaldson Company, Inc. (NYSE:DCI) by 4.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,544 shares of the industrial products company’s stock after selling 230 shares during the period. Shelton Capital Management’s holdings in Donaldson were worth $306,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently bought and sold shares of DCI. Smartleaf Asset Management LLC boosted its position in shares of Donaldson by 43.2% in 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 valued at $53,000 after acquiring an additional 369 shares during the period. GAMMA Investing LLC grew its position in shares of Donaldson by 28.7% during the fourth quarter. GAMMA Investing LLC now owns 925 shares of the industrial products company’s stock worth $62,000 after acquiring an additional 206 shares during the last quarter. EverSource Wealth Advisors LLC increased its holdings in shares of Donaldson by 45.0% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,137 shares of the industrial products company’s stock valued at $77,000 after acquiring an additional 353 shares during the period. Finally, National Bank of Canada FI raised its position in Donaldson by 61.9% in the 4th quarter. National Bank of Canada FI now owns 1,206 shares of the industrial products company’s stock valued at $81,000 after purchasing an additional 461 shares during the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Donaldson Trading Down 2.9 %

NYSE:DCI opened at $62.19 on Friday. Donaldson Company, Inc. has a 12-month low of $57.45 and a 12-month high of $78.95. The company has a current ratio of 1.85, a quick ratio of 1.20 and a debt-to-equity ratio of 0.35. The stock’s 50 day simple moving average is $67.71 and its 200-day simple moving average is $70.94. The firm has a market cap of $7.43 billion, a P/E ratio of 18.08, a PEG ratio of 1.82 and a beta of 1.01.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Thursday, February 27th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.02). Donaldson had a net margin of 11.56% and a return on equity of 29.07%. The firm had revenue of $870.00 million during the quarter, compared to analyst estimates of $908.32 million. Equities analysts anticipate that Donaldson Company, Inc. will post 3.64 EPS for the current year.

Donaldson Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were given a $0.27 dividend. The ex-dividend date of this dividend was Thursday, February 13th. This represents a $1.08 dividend on an annualized basis and a yield of 1.74%. Donaldson’s payout ratio is currently 31.58%.

Wall Street Analyst Weigh In

Separately, StockNews.com downgraded shares of Donaldson from a “strong-buy” rating to a “buy” rating in a research 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 issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $74.00.

Insider Buying and Selling at Donaldson

In other Donaldson news, President Thomas R. Scalf sold 28,500 shares of the firm’s stock in a transaction on Monday, March 17th. The stock was sold at an average price of $69.22, for a total value of $1,972,770.00. Following the completion of the sale, the president now owns 28,334 shares of the company’s stock, valued at approximately $1,961,279.48. This trade represents a 50.15 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.70% of the stock is owned by corporate insiders.

Donaldson Profile

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.