Quantbot Technologies LP bought a new position in Donaldson Company, Inc. (NYSE:DCI) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 4,555 shares of the industrial products company’s stock, valued at approximately $207,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of Donaldson by 1.4% in the second quarter. Vanguard Group Inc. now owns 12,319,252 shares of the industrial products company’s stock worth $561,018,000 after buying an additional 166,412 shares during the period. BlackRock Inc. boosted its holdings in shares of Donaldson by 1.9% in the second quarter. BlackRock Inc. now owns 10,590,302 shares of the industrial products company’s stock worth $482,282,000 after buying an additional 199,946 shares during the period. FMR LLC boosted its holdings in shares of Donaldson by 1.9% in the second quarter. FMR LLC now owns 1,901,024 shares of the industrial products company’s stock worth $86,573,000 after buying an additional 34,711 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its holdings in shares of Donaldson by 1.7% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,841,796 shares of the industrial products company’s stock worth $83,876,000 after buying an additional 30,614 shares during the period. Finally, UBS Asset Management Americas Inc. boosted its holdings in shares of Donaldson by 0.7% in the first quarter. UBS Asset Management Americas Inc. now owns 1,399,040 shares of the industrial products company’s stock worth $63,684,000 after buying an additional 9,598 shares during the period. Institutional investors own 78.24% of the company’s stock.

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Several brokerages have commented on DCI. BidaskClub cut shares of Donaldson from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Zacks Investment Research cut shares of Donaldson from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Stifel Nicolaus reiterated a “hold” rating and issued a $45.00 target price (down from $48.00) on shares of Donaldson in a report on Friday, September 8th. Jefferies Group LLC reiterated a “buy” rating and issued a $54.00 target price on shares of Donaldson in a report on Tuesday. Finally, Robert W. Baird reiterated a “hold” rating and issued a $47.00 target price on shares of Donaldson in a report on Friday, September 8th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. Donaldson has a consensus rating of “Hold” and a consensus price target of $48.67.

Donaldson Company, Inc. (NYSE DCI) opened at 46.87 on Thursday. The firm has a 50 day moving average of $45.86 and a 200 day moving average of $46.09. Donaldson Company, Inc. has a one year low of $35.85 and a one year high of $48.91. The firm has a market capitalization of $6.09 billion, a PE ratio of 26.94 and a beta of 1.22.

Donaldson (NYSE:DCI) last posted its earnings results on Thursday, September 7th. The industrial products company reported $0.51 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.02). The company had revenue of $660.10 million for the quarter, compared to analyst estimates of $634.41 million. Donaldson had a return on equity of 28.14% and a net margin of 9.81%. Donaldson’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.46 earnings per share. Equities analysts forecast that Donaldson Company, Inc. will post ($0.38) EPS for the current year.

Donaldson Company Profile

Donaldson Company, Inc is a manufacturer of filtration systems and replacement parts. The Company’s segments include Engine Products, Industrial Products and Corporate. The Company’s products are manufactured at approximately 44 plants around the world and through three joint ventures. The Company offers its products under the Ultra-Web, PowerCore and Donaldson brands.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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