US Bancorp DE Has $20.08 Million Position in Donaldson Company, Inc. (NYSE:DCI)

US Bancorp DE trimmed its position in Donaldson Company, Inc. (NYSE:DCI) by 5.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 272,413 shares of the industrial products company’s stock after selling 16,530 shares during the period. US Bancorp DE owned approximately 0.23% of Donaldson worth $20,077,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. UMB Bank n.a. raised its holdings in Donaldson by 359.2% in 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 during the period. Versant Capital Management Inc raised its stake in Donaldson by 1,372.2% during the 2nd quarter. Versant Capital Management Inc now owns 530 shares of the industrial products company’s stock worth $38,000 after buying an additional 494 shares during the period. Mather Group LLC. lifted its holdings in Donaldson by 408.1% during the second quarter. Mather Group LLC. now owns 503 shares of the industrial products company’s stock worth $38,000 after acquiring an additional 404 shares in the last quarter. V Square Quantitative Management LLC grew its stake in Donaldson by 52.0% in the third quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 207 shares during the period. Finally, Montag A & Associates Inc. bought a new stake in shares of Donaldson in the first quarter worth about $52,000. Institutional investors own 82.81% of the company’s stock.

Analyst Ratings Changes

DCI has been the topic of several recent analyst reports. StockNews.com upgraded Donaldson from a “buy” rating to a “strong-buy” rating in a report on Saturday, September 28th. Stifel Nicolaus cut their price target on shares of Donaldson from $76.00 to $71.00 and set a “hold” rating on the stock in a research note on Thursday, August 29th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $69.67.

Insiders Place Their Bets

In other news, insider Amy C. Becker sold 14,500 shares of the firm’s stock in a transaction dated Thursday, September 19th. The stock was sold at an average price of $72.89, for a total value of $1,056,905.00. Following the completion of the transaction, the insider now owns 41,368 shares in the company, valued at $3,015,313.52. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, insider Amy C. Becker sold 14,500 shares of the company’s stock in a transaction that occurred on Thursday, September 19th. The stock was sold at an average price of $72.89, for a total transaction of $1,056,905.00. Following the sale, the insider now owns 41,368 shares in the company, valued at $3,015,313.52. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director James Owens sold 5,210 shares of the firm’s stock in a transaction on Wednesday, September 18th. The shares were sold at an average price of $71.74, for a total transaction of $373,765.40. Following the completion of the transaction, the director now directly owns 17,788 shares of the company’s stock, valued at $1,276,111.12. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 167,805 shares of company stock valued at $12,310,222 in the last three months. 2.70% of the stock is currently owned by corporate insiders.

Donaldson Stock Performance

Shares of Donaldson stock opened at $73.85 on Friday. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.84 and a quick ratio of 1.23. The firm has a market cap of $8.84 billion, a price-to-earnings ratio of 21.85, a price-to-earnings-growth ratio of 1.94 and a beta of 1.04. Donaldson Company, Inc. has a one year low of $58.31 and a one year high of $78.03. The stock’s 50-day moving average is $72.90 and its 200-day moving average is $72.92.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Wednesday, August 28th. The industrial products company reported $0.94 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.88 by $0.06. The company had revenue of $935.40 million for the quarter, compared to the consensus estimate of $941.12 million. Donaldson had a net margin of 11.54% and a return on equity of 29.47%. Equities analysts predict that Donaldson Company, Inc. will post 3.63 earnings per share for the current fiscal year.

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.