Seizert Capital Partners LLC Purchases 77,671 Shares of Donaldson Company, Inc. $DCI

Seizert Capital Partners LLC grew its position in shares of Donaldson Company, Inc. (NYSE:DCI) by 133.1% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 136,021 shares of the industrial products company’s stock after purchasing an additional 77,671 shares during the period. Seizert Capital Partners LLC’s holdings in Donaldson were worth $9,433,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in DCI. Kingstone Capital Partners Texas LLC bought a new stake in Donaldson during the second quarter valued at $679,475,000. Kayne Anderson Rudnick Investment Management LLC raised its holdings in shares of Donaldson by 75.3% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 3,330,602 shares of the industrial products company’s stock valued at $223,350,000 after acquiring an additional 1,430,120 shares in the last quarter. Boston Trust Walden Corp boosted its position in shares of Donaldson by 7.8% during the 2nd quarter. Boston Trust Walden Corp now owns 2,825,916 shares of the industrial products company’s stock valued at $195,977,000 after acquiring an additional 203,957 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of Donaldson by 0.8% during the second quarter. Geode Capital Management LLC now owns 2,821,115 shares of the industrial products company’s stock worth $195,667,000 after purchasing an additional 21,334 shares in the last quarter. Finally, Fiduciary Management Inc. WI grew its holdings in shares of Donaldson by 13.1% during the first quarter. Fiduciary Management Inc. WI now owns 2,499,756 shares of the industrial products company’s stock worth $167,634,000 after purchasing an additional 290,477 shares in the last quarter. Institutional investors own 82.81% of the company’s stock.

Analyst Upgrades and Downgrades

DCI has been the topic of a number of recent analyst reports. Stifel Nicolaus raised their target price on shares of Donaldson from $69.00 to $84.00 and gave the company a “hold” rating in a research note on Thursday, August 28th. Wall Street Zen raised shares of Donaldson from a “hold” rating to a “buy” rating in a report on Friday, October 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Donaldson in a report on Tuesday, October 14th. Morgan Stanley upped their target price on shares of Donaldson from $69.00 to $72.00 and gave the stock an “underweight” rating in a research report on Tuesday, September 2nd. Finally, Robert W. Baird increased their target price on Donaldson from $78.00 to $85.00 and gave the company an “outperform” rating in a research note on Friday, August 29th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $80.33.

Insider Buying and Selling

In other news, insider Amy C. Becker sold 18,500 shares of the firm’s stock in a transaction that occurred on Thursday, August 28th. The shares were sold at an average price of $81.71, for a total value of $1,511,635.00. Following the transaction, the insider owned 44,645 shares in the company, valued at approximately $3,647,942.95. This trade represents a 29.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Guillermo Briseno sold 13,500 shares of Donaldson stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $79.03, for a total transaction of $1,066,905.00. Following the completion of the transaction, the president directly owned 25,309 shares in the company, valued at approximately $2,000,170.27. The trade was a 34.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 63,900 shares of company stock worth $5,129,264 in the last ninety days. 2.20% of the stock is owned by insiders.

Donaldson Price Performance

Shares of NYSE:DCI opened at $85.13 on Wednesday. The company has a quick ratio of 1.25, a current ratio of 1.93 and a debt-to-equity ratio of 0.43. The stock has a market cap of $9.86 billion, a PE ratio of 27.91, a PEG ratio of 1.98 and a beta of 1.01. The company’s fifty day moving average is $83.00 and its 200 day moving average is $75.69. Donaldson Company, Inc. has a 52 week low of $57.45 and a 52 week high of $88.88.

Donaldson (NYSE:DCI) last announced its quarterly earnings data on Tuesday, February 28th. The industrial products company reported $0.57 earnings per share (EPS) for the quarter. The firm had revenue of $802.50 million for the quarter. Donaldson had a return on equity of 29.50% and a net margin of 9.94%. Research analysts anticipate that Donaldson Company, Inc. will post 3.64 earnings per share for the current year.

Donaldson Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. The company operates through three segments: Mobile Solutions, Industrial Solutions, and Life Sciences. Its Mobile Solutions segment provides replacement filters for air and liquid filtration applications, such as air filtration systems; liquid filtration systems for fuel, lube, and hydraulic applications; exhaust and emissions systems and sensors; indicators; and monitoring systems.