Boston Trust Walden Corp Decreases Position in Donaldson Company, Inc. (NYSE:DCI)

Boston Trust Walden Corp cut its stake in shares of Donaldson Company, Inc. (NYSE:DCI) by 5.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,652,557 shares of the industrial products company’s stock after selling 148,860 shares during the quarter. Donaldson accounts for about 1.4% of Boston Trust Walden Corp’s holdings, making the stock its 8th biggest holding. Boston Trust Walden Corp owned approximately 2.20% of Donaldson worth $195,493,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. UMB Bank n.a. lifted its position in Donaldson by 359.2% in the 3rd quarter. UMB Bank n.a. now owns 349 shares of the industrial products company’s stock worth $26,000 after buying an additional 273 shares during the last quarter. Park Place Capital Corp bought a new position in shares of Donaldson during the 1st quarter valued at $27,000. Versant Capital Management Inc raised its position in Donaldson by 1,372.2% in the 2nd quarter. Versant Capital Management Inc now owns 530 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 494 shares during the period. Mather Group LLC. boosted its position in Donaldson by 408.1% during the second quarter. Mather Group LLC. now owns 503 shares of the industrial products company’s stock valued at $38,000 after buying an additional 404 shares during the period. Finally, V Square Quantitative Management LLC grew its stake in shares of Donaldson by 52.0% during the third quarter. V Square Quantitative Management LLC now owns 605 shares of the industrial products company’s stock valued at $45,000 after buying an additional 207 shares during the last quarter. Hedge funds and other institutional investors own 82.81% of the company’s stock.

Insider Transactions at Donaldson

In related news, Director James Owens sold 5,210 shares of the company’s stock in a transaction on Wednesday, September 18th. The stock was sold at an average price of $71.74, for a total value of $373,765.40. Following the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In other Donaldson news, Director James Owens sold 5,210 shares of the firm’s stock in a transaction that occurred 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 owns 17,788 shares of the company’s stock, valued at approximately $1,276,111.12. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Amy C. Becker sold 14,500 shares of Donaldson stock in a transaction that occurred on Thursday, September 19th. The shares were sold at an average price of $72.89, for a total transaction of $1,056,905.00. Following the transaction, the insider now owns 41,368 shares of the company’s stock, valued at $3,015,313.52. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 167,805 shares of company stock valued at $12,310,222. Corporate insiders own 2.58% of the company’s stock.

Donaldson Trading Up 0.8 %

Shares of DCI stock traded up $0.59 during trading hours on Friday, reaching $74.88. The company’s stock had a trading volume of 529,565 shares, compared to its average volume of 486,862. The company has a current ratio of 1.84, a quick ratio of 1.23 and a debt-to-equity ratio of 0.32. Donaldson Company, Inc. has a one year low of $57.05 and a one year high of $78.03. The stock has a market capitalization of $9.02 billion, a P/E ratio of 23.18, a P/E/G ratio of 1.92 and a beta of 1.04. The firm’s fifty day simple moving average is $72.86 and its 200 day simple moving average is $72.91.

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

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on DCI shares. Raymond James assumed coverage on Donaldson in a report on Friday, June 28th. They set a “market perform” rating for the company. StockNews.com raised Donaldson from a “buy” rating to a “strong-buy” rating in a research note on Saturday, September 28th. Finally, Stifel Nicolaus decreased their target price 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 analyst has rated the stock with a sell rating, two have assigned a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Donaldson has a consensus rating of “Hold” and a consensus target price of $69.67.

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.