Brown Advisory Inc. raised its position in Gardner Denver Holdings Inc (NYSE:GDI) by 9.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 113,296 shares of the company’s stock after buying an additional 10,023 shares during the period. Brown Advisory Inc.’s holdings in Gardner Denver were worth $3,211,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in Gardner Denver by 17.2% in the third quarter. Dimensional Fund Advisors LP now owns 422,262 shares of the company’s stock valued at $11,965,000 after acquiring an additional 61,917 shares during the last quarter. Panagora Asset Management Inc. lifted its holdings in Gardner Denver by 692.4% in the third quarter. Panagora Asset Management Inc. now owns 397,116 shares of the company’s stock valued at $11,254,000 after acquiring an additional 346,998 shares during the last quarter. Credit Suisse AG lifted its holdings in Gardner Denver by 43.6% in the third quarter. Credit Suisse AG now owns 402,625 shares of the company’s stock valued at $11,409,000 after acquiring an additional 122,197 shares during the last quarter. Broadview Advisors LLC raised its position in Gardner Denver by 35.1% in the third quarter. Broadview Advisors LLC now owns 270,050 shares of the company’s stock valued at $7,653,000 after purchasing an additional 70,200 shares during the period. Finally, BlackRock Inc. raised its position in Gardner Denver by 16.4% in the third quarter. BlackRock Inc. now owns 4,238,024 shares of the company’s stock valued at $120,107,000 after purchasing an additional 597,115 shares during the period.

In other news, major shareholder Fund Holdings Gp Ltd Kkr sold 20,000,000 shares of the company’s stock in a transaction on Friday, November 2nd. The stock was sold at an average price of $25.66, for a total transaction of $513,200,000.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. 1.70% of the stock is currently owned by corporate insiders.

Shares of NYSE GDI opened at $22.90 on Friday. The company has a market capitalization of $4.63 billion, a price-to-earnings ratio of 228.90 and a beta of 0.95. The company has a debt-to-equity ratio of 1.08, a quick ratio of 1.46 and a current ratio of 2.40. Gardner Denver Holdings Inc has a 52-week low of $21.42 and a 52-week high of $38.00.

Gardner Denver (NYSE:GDI) last posted its quarterly earnings data on Friday, October 26th. The company reported $0.49 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.01. Gardner Denver had a return on equity of 22.72% and a net margin of 12.06%. The business had revenue of $689.30 million for the quarter, compared to analyst estimates of $707.78 million. Analysts predict that Gardner Denver Holdings Inc will post 1.31 earnings per share for the current fiscal year.

A number of brokerages have issued reports on GDI. Zacks Investment Research raised Gardner Denver from a “sell” rating to a “hold” rating in a research report on Wednesday. TD Securities reissued an “average” rating and issued a $25.00 target price on shares of Gardner Denver in a research report on Monday. Desjardins reissued an “average” rating and issued a $23.00 target price on shares of Gardner Denver in a research report on Tuesday, November 13th. Morgan Stanley raised Gardner Denver from an “equal weight” rating to an “overweight” rating in a research report on Friday, November 9th. Finally, Goldman Sachs Group raised Gardner Denver from a “buy” rating to a “conviction-buy” rating and set a $34.00 target price on the stock in a research report on Wednesday, October 31st. One investment analyst has rated the stock with a sell rating, five have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $33.15.

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Gardner Denver Profile

Gardner Denver Holdings, Inc provides mission-critical flow control and compression equipment; and associated aftermarket parts, consumables, and services in the United States, Europe, the Middle East, Africa, and the Asia Pacific. It operates through three segments: Industrials, Energy, and Medical.

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Institutional Ownership by Quarter for Gardner Denver (NYSE:GDI)

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