APG Asset Management N.V. purchased a new position in shares of Donaldson Company, Inc. (NYSE:DCI) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 132,700 shares of the industrial products company’s stock, valued at approximately $6,096,000. APG Asset Management N.V. owned about 0.10% of Donaldson at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Janus Henderson Group PLC grew its holdings in Donaldson by 163.8% during the second quarter. Janus Henderson Group PLC now owns 1,479,606 shares of the industrial products company’s stock valued at $67,381,000 after purchasing an additional 918,729 shares during the period. Arrowstreet Capital Limited Partnership grew its holdings in Donaldson by 1,689.5% during the second quarter. Arrowstreet Capital Limited Partnership now owns 889,372 shares of the industrial products company’s stock valued at $40,502,000 after purchasing an additional 839,672 shares during the period. Koch Industries Inc. acquired a new position in Donaldson during the second quarter valued at approximately $618,000. Principal Financial Group Inc. grew its holdings in Donaldson by 55.7% during the second quarter. Principal Financial Group Inc. now owns 1,252,691 shares of the industrial products company’s stock valued at $57,048,000 after purchasing an additional 448,320 shares during the period. Finally, Marshall Wace North America L.P. grew its holdings in Donaldson by 725.5% during the second quarter. Marshall Wace North America L.P. now owns 480,502 shares of the industrial products company’s stock valued at $22,103,000 after purchasing an additional 422,292 shares during the period. 78.17% of the stock is owned by institutional investors and hedge funds.

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DCI has been the subject of a number of analyst reports. BidaskClub upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a report on Thursday, July 13th. Zacks Investment Research cut shares of Donaldson from a “buy” rating to a “hold” rating in a report on Wednesday, August 9th. Stifel Nicolaus set a $48.00 price objective on shares of Donaldson and gave the company a “hold” rating in a report on Friday, August 18th. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Donaldson in a report on Thursday, September 7th. Finally, Robert W. Baird restated a “hold” rating and set a $47.00 price objective on shares of Donaldson in a report on Friday, September 8th. Six analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $48.00.

Donaldson Company, Inc. (DCI) opened at $47.77 on Friday. The firm has a market cap of $6,205.56, a P/E ratio of 28.27, a PEG ratio of 2.30 and a beta of 1.19. Donaldson Company, Inc. has a 1-year low of $35.93 and a 1-year high of $48.91. The company has a quick ratio of 1.77, a current ratio of 2.38 and a debt-to-equity ratio of 0.63.

Donaldson (NYSE:DCI) last released its quarterly earnings results on Thursday, September 7th. The industrial products company reported $0.51 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.02). The company had revenue of $660.10 million during the quarter, compared to analyst estimates of $634.41 million. Donaldson had a net margin of 9.81% and a return on equity of 28.14%. The firm’s quarterly revenue was up 11.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.46 EPS. sell-side analysts expect that Donaldson Company, Inc. will post 1.88 EPS for the current fiscal year.

Donaldson 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.

Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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