Deutsche Bank AG boosted its holdings in Donaldson Company, Inc. (NYSE:DCI) by 40.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 295,670 shares of the industrial products company’s stock after purchasing an additional 85,859 shares during the period. Deutsche Bank AG owned about 0.23% of Donaldson worth $12,827,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Impax Asset Management Group plc lifted its stake in Donaldson by 22.0% in the fourth quarter. Impax Asset Management Group plc now owns 719,290 shares of the industrial products company’s stock valued at $31,210,000 after acquiring an additional 129,898 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Donaldson by 2.8% in the third quarter. Dimensional Fund Advisors LP now owns 1,032,453 shares of the industrial products company’s stock valued at $60,151,000 after acquiring an additional 28,198 shares during the last quarter. Fenimore Asset Management Inc. lifted its stake in Donaldson by 7.0% in the fourth quarter. Fenimore Asset Management Inc. now owns 1,251,338 shares of the industrial products company’s stock valued at $54,296,000 after acquiring an additional 82,335 shares during the last quarter. Thrivent Financial for Lutherans lifted its stake in Donaldson by 4.6% in the fourth quarter. Thrivent Financial for Lutherans now owns 32,764 shares of the industrial products company’s stock valued at $1,422,000 after acquiring an additional 1,442 shares during the last quarter. Finally, Highwater Wealth Management LLC acquired a new stake in Donaldson in the fourth quarter valued at $27,000. 79.96% of the stock is owned by institutional investors and hedge funds.

Shares of DCI stock opened at $52.65 on Tuesday. The firm has a market capitalization of $6.76 billion, a price-to-earnings ratio of 26.33, a PEG ratio of 2.07 and a beta of 1.43. The company has a quick ratio of 1.61, a current ratio of 2.35 and a debt-to-equity ratio of 0.72. Donaldson Company, Inc. has a one year low of $40.27 and a one year high of $59.43.

Donaldson (NYSE:DCI) last posted its earnings results on Wednesday, March 6th. The industrial products company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.04). The company had revenue of $703.70 million for the quarter, compared to analyst estimates of $719.40 million. Donaldson had a return on equity of 32.75% and a net margin of 10.82%. The business’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.43 EPS. As a group, equities research analysts predict that Donaldson Company, Inc. will post 2.33 earnings per share for the current fiscal year.

A number of brokerages have commented on DCI. Zacks Investment Research upgraded shares of Donaldson from a “sell” rating to a “hold” rating in a research note on Wednesday, April 10th. ValuEngine cut shares of Donaldson from a “buy” rating to a “hold” rating in a research note on Tuesday, December 18th. Finally, Robert W. Baird reiterated a “hold” rating and issued a $52.00 price target on shares of Donaldson in a research note on Friday, December 21st. Six research analysts have rated the stock with a hold rating, The stock has an average rating of “Hold” and an average price target of $55.25.

In other news, Chairman Tod E. Carpenter sold 4,000 shares of the firm’s stock in a transaction dated Friday, March 29th. The shares were sold at an average price of $50.02, for a total transaction of $200,080.00. Following the completion of the sale, the chairman now owns 102,037 shares in the company, valued at approximately $5,103,890.74. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Willard D. Oberton sold 14,400 shares of the firm’s stock in a transaction dated Thursday, March 28th. The stock was sold at an average price of $49.10, for a total transaction of $707,040.00. Following the sale, the director now owns 33,172 shares of the company’s stock, valued at approximately $1,628,745.20. The disclosure for this sale can be found here. Company insiders own 1.35% of the company’s stock.

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About Donaldson

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. It operates through Engine Products and Industrial Products segments. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.

Further Reading: Ex-Dividend

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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