Balyasny Asset Management LLC boosted its position in Donaldson Company, Inc. (NYSE:DCI) by 1,280.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 179,905 shares of the industrial products company’s stock after buying an additional 166,875 shares during the quarter. Balyasny Asset Management LLC owned approximately 0.14% of Donaldson worth $8,193,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its stake in Donaldson by 1.4% in the 2nd quarter. Vanguard Group Inc. now owns 12,319,252 shares of the industrial products company’s stock valued at $561,018,000 after buying an additional 166,412 shares during the last quarter. BlackRock Inc. grew its stake in Donaldson by 1.9% in the 2nd quarter. BlackRock Inc. now owns 10,590,302 shares of the industrial products company’s stock valued at $482,282,000 after buying an additional 199,946 shares during the last quarter. FMR LLC grew its stake in Donaldson by 1.9% in the 2nd quarter. FMR LLC now owns 1,901,024 shares of the industrial products company’s stock valued at $86,573,000 after buying an additional 34,711 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC grew its stake in Donaldson by 1.7% in the 2nd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 1,841,796 shares of the industrial products company’s stock valued at $83,876,000 after buying an additional 30,614 shares during the last quarter. Finally, UBS Asset Management Americas Inc. grew its stake in Donaldson by 0.7% in the 1st quarter. UBS Asset Management Americas Inc. now owns 1,399,040 shares of the industrial products company’s stock valued at $63,684,000 after buying an additional 9,598 shares during the last quarter. Institutional investors and hedge funds own 78.24% of the company’s stock.

Shares of Donaldson Company, Inc. (NYSE DCI) opened at 46.34 on Friday. The firm has a 50-day moving average of $45.83 and a 200-day moving average of $46.10. Donaldson Company, Inc. has a one year low of $35.85 and a one year high of $48.91. The company has a market capitalization of $6.02 billion, a P/E ratio of 26.63 and a beta of 1.22.

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

A number of research analysts recently issued reports on DCI shares. Stifel Nicolaus reiterated a “hold” rating and issued a $45.00 target price (down from $48.00) on shares of Donaldson in a research note on Friday, September 8th. Robert W. Baird reiterated a “hold” rating and issued a $47.00 target price on shares of Donaldson in a research note on Friday, September 8th. Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Donaldson in a research note on Thursday, September 7th. BidaskClub upgraded shares of Donaldson from a “hold” rating to a “buy” rating in a research note on Thursday, July 13th. Finally, Zacks Investment Research lowered shares of Donaldson from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Donaldson has an average rating of “Hold” and an average target price of $48.67.

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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.

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Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

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