Yousif Capital Management LLC Cuts Position in Donaldson Company, Inc. (NYSE:DCI)

Yousif Capital Management LLC lowered its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 0.3% in the fourth quarter, Holdings Channel reports. The firm owned 58,020 shares of the industrial products company’s stock after selling 193 shares during the period. Yousif Capital Management LLC’s holdings in Donaldson were worth $3,792,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of DCI. Millburn Ridgefield Corp acquired a new position in Donaldson during the third quarter valued at approximately $27,000. Catalyst Capital Advisors LLC acquired a new position in shares of Donaldson during the 3rd quarter valued at $27,000. Fortitude Family Office LLC acquired a new position in shares of Donaldson during the 4th quarter valued at $27,000. Lindbrook Capital LLC boosted its position in Donaldson by 58.2% during the 4th quarter. Lindbrook Capital LLC now owns 473 shares of the industrial products company’s stock worth $31,000 after purchasing an additional 174 shares during the period. Finally, Blue Trust Inc. increased its holdings in Donaldson by 65.5% in the 4th quarter. Blue Trust Inc. now owns 753 shares of the industrial products company’s stock valued at $45,000 after purchasing an additional 298 shares in the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Insider Buying and Selling

In other Donaldson news, Director Ajita G. Rajendra sold 18,700 shares of the firm’s stock in a transaction on Thursday, March 7th. The shares were sold at an average price of $73.51, for a total transaction of $1,374,637.00. Following the completion of the transaction, the director now directly owns 41,961 shares of the company’s stock, valued at approximately $3,084,553.11. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In related news, Director Willard D. Oberton sold 4,500 shares of the business’s stock in a transaction dated Wednesday, March 20th. The stock was sold at an average price of $73.54, for a total value of $330,930.00. Following the completion of the sale, the director now directly owns 27,685 shares of the company’s stock, valued at $2,035,954.90. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Ajita G. Rajendra sold 18,700 shares of the company’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $73.51, for a total value of $1,374,637.00. Following the sale, the director now owns 41,961 shares in the company, valued at approximately $3,084,553.11. The disclosure for this sale can be found here. Over the last quarter, insiders sold 79,407 shares of company stock worth $5,817,942. Insiders own 2.58% of the company’s stock.

Donaldson Stock Up 0.1 %

Shares of Donaldson stock opened at $72.27 on Friday. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.47 and a quick ratio of 0.99. Donaldson Company, Inc. has a 1-year low of $57.05 and a 1-year high of $75.44. The business has a 50-day moving average of $72.26 and a 200-day moving average of $65.94. The company has a market capitalization of $8.70 billion, a PE ratio of 23.54, a P/E/G ratio of 2.10 and a beta of 1.10.

Donaldson (NYSE:DCI) last issued its quarterly earnings data on Wednesday, February 28th. The industrial products company reported $0.81 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.07. Donaldson had a return on equity of 28.52% and a net margin of 10.82%. The firm had revenue of $876.70 million during the quarter, compared to analyst estimates of $874.34 million. During the same quarter last year, the firm earned $0.75 EPS. Donaldson’s quarterly revenue was up 5.8% on a year-over-year basis. As a group, equities analysts forecast that Donaldson Company, Inc. will post 3.28 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have commented on DCI. StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Thursday, March 7th. Robert W. Baird boosted their price target on Donaldson from $76.00 to $80.00 and gave the stock an “outperform” rating in a research report on Thursday, April 11th. Finally, Morgan Stanley assumed coverage on shares of Donaldson in a research report on Monday, January 8th. They issued an “underweight” rating and a $59.00 price objective for the company. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Donaldson presently has a consensus rating of “Hold” and an average target price of $67.50.

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.