OxFORD Asset Management LLP lifted its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 10.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 46,365 shares of the industrial products company’s stock after acquiring an additional 4,438 shares during the quarter. OxFORD Asset Management LLP’s holdings in Donaldson were worth $2,133,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in DCI. Russell Investments Group Ltd. boosted its holdings in shares of Donaldson by 5.2% during the 2nd quarter. Russell Investments Group Ltd. now owns 52,643 shares of the industrial products company’s stock valued at $2,399,000 after acquiring an additional 2,589 shares in the last quarter. Great West Life Assurance Co. Can lifted its holdings in Donaldson by 1.0% during the 2nd quarter. Great West Life Assurance Co. Can now owns 78,697 shares of the industrial products company’s stock worth $3,582,000 after buying an additional 817 shares during the period. Canada Pension Plan Investment Board lifted its holdings in Donaldson by 218.9% during the 2nd quarter. Canada Pension Plan Investment Board now owns 281,900 shares of the industrial products company’s stock worth $12,838,000 after buying an additional 193,500 shares during the period. Arizona State Retirement System lifted its holdings in Donaldson by 1.5% during the 2nd quarter. Arizona State Retirement System now owns 55,700 shares of the industrial products company’s stock worth $2,537,000 after buying an additional 800 shares during the period. Finally, Rhumbline Advisers lifted its holdings in Donaldson by 2.1% during the 2nd quarter. Rhumbline Advisers now owns 310,622 shares of the industrial products company’s stock worth $14,146,000 after buying an additional 6,267 shares during the period. 77.64% of the stock is currently owned by institutional investors.

Donaldson Company, Inc. (NYSE DCI) opened at $48.55 on Thursday. The company has a market capitalization of $6,301.82, a PE ratio of 27.41, a price-to-earnings-growth ratio of 2.21 and a beta of 1.21. Donaldson Company, Inc. has a twelve month low of $41.28 and a twelve month high of $50.10. The company has a current ratio of 2.90, a quick ratio of 2.13 and a debt-to-equity ratio of 0.72.

Donaldson (NYSE:DCI) last posted its quarterly earnings data on Thursday, November 30th. The industrial products company reported $0.46 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.04. Donaldson had a return on equity of 28.49% and a net margin of 9.57%. The firm had revenue of $644.80 million during the quarter, compared to analyst estimates of $602.02 million. During the same period last year, the company posted ($0.05) EPS. The business’s quarterly revenue was up 16.6% on a year-over-year basis. equities analysts anticipate that Donaldson Company, Inc. will post 1.99 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 21st. Stockholders of record on Wednesday, December 6th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 1.48%. The ex-dividend date of this dividend is Tuesday, December 5th. Donaldson’s dividend payout ratio (DPR) is presently 40.68%.

DCI has been the topic of several recent research reports. Jefferies Group reaffirmed a “buy” rating and set a $57.00 target price on shares of Donaldson in a report on Friday, December 1st. Zacks Investment Research raised Donaldson from a “hold” rating to a “buy” rating and set a $54.00 target price on the stock in a report on Monday, November 27th. BidaskClub raised Donaldson from a “hold” rating to a “buy” rating in a report on Wednesday, August 23rd. Stifel Nicolaus reaffirmed a “hold” rating and set a $45.00 target price (down from $48.00) on shares of Donaldson in a report on Friday, September 8th. Finally, Robert W. Baird reaffirmed a “hold” rating and set a $47.00 target price on shares of Donaldson in a report on Friday, September 8th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Donaldson presently has a consensus rating of “Hold” and a consensus price target of $50.60.

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About Donaldson

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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