Mariner LLC Acquires 5,285 Shares of Donaldson Company, Inc. (NYSE:DCI)

Mariner LLC raised its holdings in Donaldson Company, Inc. (NYSE:DCI) by 6.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 93,397 shares of the industrial products company’s stock after acquiring an additional 5,285 shares during the period. Mariner LLC owned about 0.08% of Donaldson worth $6,290,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC grew its holdings in shares of Donaldson by 43.2% during 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 last quarter. Venturi Wealth Management LLC grew its stake in shares of Donaldson by 89.6% during the fourth quarter. Venturi Wealth Management LLC now owns 781 shares of the industrial products company’s stock worth $53,000 after buying an additional 369 shares during the last quarter. GAMMA Investing LLC increased its holdings 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 buying an additional 206 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Donaldson by 45.0% during 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 in the last quarter. Finally, National Bank of Canada FI boosted its holdings in shares of Donaldson by 61.9% during 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 acquiring an additional 461 shares in the last quarter. Institutional investors and hedge funds own 82.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on DCI. StockNews.com downgraded Donaldson from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, March 4th. Stifel Nicolaus dropped their price objective on shares of Donaldson from $70.00 to $63.00 and set a “hold” rating for the company in a report on Monday, April 14th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, Donaldson presently has a consensus rating of “Hold” and an average target price of $71.33.

Donaldson Stock Up 0.5 %

Shares of NYSE:DCI opened at $62.76 on Friday. The business has a fifty day simple moving average of $66.83 and a 200 day simple moving average of $70.50. Donaldson Company, Inc. has a 12-month low of $57.45 and a 12-month high of $78.95. The firm has a market cap of $7.50 billion, a P/E ratio of 18.24, a P/E/G ratio of 1.82 and a beta of 1.01. The company has a quick ratio of 1.20, a current ratio of 1.85 and a debt-to-equity ratio of 0.35.

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

Donaldson Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Thursday, February 13th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date of this dividend was Thursday, February 13th. Donaldson’s dividend payout ratio is presently 31.58%.

Insider Activity at Donaldson

In related news, Director James Owens sold 18,700 shares of the firm’s stock in a transaction that occurred on Thursday, April 10th. The stock was sold at an average price of $62.02, for a total transaction of $1,159,774.00. Following the completion of the sale, the director now owns 20,246 shares of the company’s stock, valued at $1,255,656.92. This trade represents a 48.02 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, President Thomas R. Scalf sold 28,500 shares of the business’s stock in a transaction that occurred on Monday, March 17th. The shares were sold at an average price of $69.22, for a total value of $1,972,770.00. Following the completion of the transaction, the president now directly owns 28,334 shares in the company, valued at approximately $1,961,279.48. This trade represents a 50.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 76,700 shares of company stock worth $5,164,799 over the last quarter. Company insiders own 2.70% of the company’s stock.

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.