denkapparat Operations GmbH Sells 1,070 Shares of Donaldson Company, Inc. $DCI

denkapparat Operations GmbH reduced its position in Donaldson Company, Inc. (NYSE:DCI) by 21.6% in the second quarter, Holdings Channel.com reports. The fund owned 3,884 shares of the industrial products company’s stock after selling 1,070 shares during the period. denkapparat Operations GmbH’s holdings in Donaldson were worth $269,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in DCI. ICW Investment Advisors LLC increased its holdings in shares of Donaldson by 0.6% in the 1st quarter. ICW Investment Advisors LLC now owns 24,094 shares of the industrial products company’s stock worth $1,616,000 after purchasing an additional 150 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Donaldson by 2.2% in the 2nd quarter. Janney Montgomery Scott LLC now owns 7,291 shares of the industrial products company’s stock worth $506,000 after buying an additional 160 shares in the last quarter. Verdence Capital Advisors LLC raised its position in Donaldson by 2.3% in the 2nd quarter. Verdence Capital Advisors LLC now owns 8,371 shares of the industrial products company’s stock worth $581,000 after buying an additional 185 shares during the last quarter. Cresset Asset Management LLC raised its position in Donaldson by 1.7% in the 1st quarter. Cresset Asset Management LLC now owns 11,462 shares of the industrial products company’s stock worth $769,000 after buying an additional 191 shares during the last quarter. Finally, MGO One Seven LLC lifted its stake in Donaldson by 2.5% during the 2nd quarter. MGO One Seven LLC now owns 8,257 shares of the industrial products company’s stock valued at $573,000 after acquiring an additional 200 shares during the period. 82.81% of the stock is currently owned by hedge funds and other institutional investors.

Donaldson Trading Up 0.4%

Shares of DCI stock opened at $88.12 on Thursday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.93 and a quick ratio of 1.25. The company has a market cap of $10.21 billion, a price-to-earnings ratio of 28.89, a PEG ratio of 1.98 and a beta of 1.01. Donaldson Company, Inc. has a 1 year low of $57.45 and a 1 year high of $88.54. The firm has a fifty day moving average price of $82.62 and a 200-day moving average price of $75.08.

Donaldson (NYSE:DCI) last announced its earnings results on Tuesday, February 28th. The industrial products company reported $0.57 EPS for the quarter. Donaldson had a return on equity of 29.50% and a net margin of 9.94%.The company had revenue of $802.50 million for the quarter. As a group, equities analysts predict that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Insider Activity

In other Donaldson news, insider Amy C. Becker sold 18,500 shares of Donaldson stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $81.71, for a total transaction of $1,511,635.00. Following the transaction, the insider owned 44,645 shares of the company’s stock, valued at $3,647,942.95. The trade was a 29.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Trudy A. Rautio sold 31,900 shares of the company’s stock in a transaction that occurred on Thursday, August 28th. The stock was sold at an average price of $79.96, for a total transaction of $2,550,724.00. Following the completion of the transaction, the director owned 29,330 shares of the company’s stock, valued at approximately $2,345,226.80. The trade was a 52.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 63,900 shares of company stock valued at $5,129,264 in the last ninety days. Corporate insiders own 2.20% of the company’s stock.

Analyst Ratings Changes

DCI has been the subject of several research reports. Robert W. Baird boosted their price objective on shares of Donaldson from $78.00 to $85.00 and gave the company an “outperform” rating in a report on Friday, August 29th. Weiss Ratings reiterated a “buy (b)” rating on shares of Donaldson in a research note on Tuesday, October 14th. Morgan Stanley increased their price target on Donaldson from $69.00 to $72.00 and gave the company an “underweight” rating in a report on Tuesday, September 2nd. Stifel Nicolaus lifted their price objective on Donaldson from $69.00 to $84.00 and gave the stock a “hold” rating in a report on Thursday, August 28th. Finally, Wall Street Zen upgraded Donaldson from a “hold” rating to a “buy” rating in a research report on Friday, October 3rd. Two research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Donaldson has an average rating of “Hold” and an average target price of $80.33.

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.